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Is this Obama’s or Trump’s Economy?
Oct 5, 2018 @ 8:00 pm - 8:55 pm
Recap and plug… The Gosnell Movie. GO SEE IT!!!
David Fischer, CEO of Landmark Capital answers the question, is this Obama’s or Trump’s economy? Democrats swear this was all Obama’s doing. Maybe their right. I certainly wouldn’t have gone up if he were still in office!
Trying to find 3rd party, reputable data about who’s economy it REALLY is was not easy. But David Fischer, CEO of Landmark Capital, did the work and brings the truth for you.
Every president walks into the previous president’s economy.
Obama’s economy created about 1.3 million jobs per year. So far, Trump is averaging about 1.2 million jobs per year.
But Trump is targeting to bring back manufacturing jobs that were lost under Obama.
Median household income is up 4% under Trump. During Obama’s whole term, it grew .3%. Why is it happening?
Under Obama national median home prices went up 20%. Under Trump, it’s gone up 17% so far.
How many people needed food stamps? 30% needed them under Obama. It’s gone down 7.2% under Trump.
I would give both Presidents an F when it comes to debt. Trump is slightly outspending Obama, so far. And Obama was known as the President who spent the most. Obama created $8.87 trillion increase in debt. So far, Trump has created $1.27 trillion. Obama averaged $1.109 trillion per year. And revenue to the Treasury is down 20% over last year because of tax breaks.
As a businessman, President Trump likes to go into debt to stimulate his business, and that’s what he’s doing in our government.
In the meantime, get your OWN debt under control because there will be a bubble at some point in time.