Who had worse economy?

[888theGreat]

Biden has my vote

Jimmy Carter

Joe Biden

Barack Obama

W Bush

Herbert Hoover

[exitseven]

We are not even halfway through the term and Biden has already turned the best economy into the worst. The highest inflation in 40 year, record fuel prices, low GNP numbers. Even though hey say unemployment is low and there are plenty of jobs, most of these jobs are in fast food and retail and there are plenty of people who have been out of work for so long their benefit have run out and they are no longer counted.

[888theGreat]

We just had our highest gas prices ever.

[goaded]

At the pump? Why weren't the prices the same in 2014, when crude oil cost the same?

Nothing to do with corporate greed taking advantage of news of inflation to boost inflation, I'm sure.

[888theGreat]

@goaded it is not allowing US to be the leader of the world in gas and oil. All on Biden.

[goaded]

How, exactly? Has he stopped existing wells from producing more? The amount of US oil pumped under Biden is almost exactly the same as under Trump.

[exitseven]

@goaded Gas prices were high in 2008 but never like this.

[888theGreat]

@goaded That is a lie and you know it

[goaded]

tradingeconomics.com/.../crude-oil-production

[goaded]

"Gas prices were high in 2008 but never like this."
Exactly. But crude oil prices were at $100 a barrel from 2009 to 2014, and even peaked at $185 in June 2008 (currently, it's $105). Did it suddenly get much more expensive to process, or are the oil companies simply using it as an excuse to raise their prices?

www.macrotrends.net/.../crude-oil-price-history-chart

[goaded]

It turns out there's a loophole in Dodd-Frank.

www.fastcompany.com/.../big-banks-are-exploiting-a-risky-dodd-frank-loophole-that-could-cause-a-repeat-of-2008
"“Look at footnote 563. You should insert the following in your swaps contracts, classify these trades of credit default swaps as ‘foreign.'” As a result, no one knows how much risk they’ve taken on and whether or not they can cover the potential losses."

[goaded]

From those, GW, because he came into office with a government surplus and left in a massive recession. Of course, Trump's economics exploded the deficit, even before his stupidity resulted in hundreds of thousands of unnecessary American deaths and a collapse of the economy.

[888theGreat]

Biden has doubled Trump

[goaded]

On what?

[Anonymous]

I wasn't alive for Carter or Hoover but Biden is the worst I have seen in my lifetime. From what I have read the great depression was caused by a chain of events through over a decade of careless politicians. Eventually it just fell apart.

[goaded]

You did notice GW Bush turning a government surplus (paying off the national debt) into a massive recession, didn't you?

[888theGreat]

@goaded all so called surpluses are smoke and mirror crap. Just manipulating the numbers to look a certain way. We have not paid any of the debt off. Gov't reduction in spending is considered a cut, when it is still adding to National Debt.

[goaded]

No, Clinton left a surplus, where government income from taxes etc. were greater than the amount the government was spending. If it makes you feel better, he was pushed into a lot of that by a Republican Senate. It's still a fact that GW turned it around and ended up with a recession. The way most Republican presidencies in recent times have ended.

[888theGreat]

@goaded Did we have national Debt? Yes, then no surplus. You don;t have a surplus until National Debt is paid off

[goaded]

No, a surplus is when you're taking in more than it costs to run the country. The difference goes towards paying off the debt. You aren't even trying to pay off the debt if you're running a deficit.

[Sevenpointfive]

i have to laugh at him saying he cares about inflation. trump is the only president in my lifetime that hasn't lied intentionally

[goaded]

OMG. You mean everything he said was unintentional?

[Sevenpointfive]

@goaded not at all. biden lies intentionally

[goaded]

Let's start at day 1: were there more people at Obama's first inauguration, or Trump's only one?

[Sevenpointfive]

@goaded obama was hope for a lot of people. that's the only thing i'll give him

[goaded]

The point is that President Trump intentionally lied on day 1, and has never stopped.

[Sevenpointfive]

@goaded if trump lied it's because he believed in his intentions.

[goaded]

I really don't understand how anyone could possibly believe that.

[Sevenpointfive]

@goaded i will admit that the donald isn't the smartest guy around

[goaded]

edition.cnn.com/.../index.html

[Sevenpointfive]

@goaded CNN is a Left media news source. I don't believe anything they say anymore

[goaded]

Oh for pity's sake, address the statements, not the source.

[Sevenpointfive]

@goaded i don't do fake news. i learned that somewhere

[goaded]

Yeah, you do. You just don't know it.

[Sevenpointfive]

@goaded no i don't. the ukraine war is fake

[BillyBalls]

The first two years of Reagan.

High interest rates, high inflation, high unemployment, Stagflation...

Are you asking who caused the worst economic period?

[888theGreat]

who had the worse economic presidency

[BillyBalls]

FDR!!!

He inherited a mess but his policies made it worse!

[Likes2drive]

It might have been Hoover but Biden still has time to make it worse

[OddBeMe]

Obama. Who turned it around.

[XXblack88]

Joe Biden

[Snsl153]

Ronald Reagan.

[888theGreat]

you were not even alive. Just repeating what Communist professors told you after they rewrote History

[888theGreat]

This is what happens when you PREACH History instead of TEACHING History.

[Snsl153]

Communist professors. Actually, when I was in high school and college, I would almost every day point out their mistakes in class and correct their errors.

[888theGreat]

you mean what you wish things were

[Snsl153]

No, their errors. Errors of fact. I don't believe what I wish were true, I believe what actually IS true. Big difference.

[TwoToTooTutu2]

Ronald Reagan's economy was literally the best this country had ever seen.

[Snsl153]

@TwoToTooTutu2 No, that would have been during the late 40's and 50's.

[TwoToTooTutu2]

No, the 80s had the largest median household income in the entire history of the US.

[888theGreat]

@TwoToTooTutu2 If you had a small business , you did well under Reagan. SNSl would fail at business , if she had $1 million to start with. She would lose it in 6 months. (I bet snorting it)

[Snsl153]

888theSmall - Is that all you can say? You don't have anything clever or enlightening to add? I've never "snorted" anything; I haven't even smoked a cigarette, because I hate drugs. I also hate small-minded stupidity and pettiness, and you display those characteristics here.

[888theGreat]

Reagan was great , I did well with my small business