Monday, September 21, 2020

Why Obama is Responsible For The Booming Economy

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Former President Barack Obama is saying that the booming economy is a result of his policies and President Trump should not get all the credit.

We did some research, and in fact Obama is correct.

He is in part responsible for today’s booming economy and the meme below shows exactly why:

Savage but accurate!

Speaking of the booming economy, looks like it’s going to get even better:

Stuart Varney’s Latest Economic Prediction Has Democrats Breathing Fire by Nick Givas

Host of the Fox Business show “Varney & Company,” Stuart Varney, predicted America will experience a “generational low” in unemployment under President Donald Trump, Friday on “Fox & Friends.”


“The economy is booming,” Varney said. “I think we are going to see roughly 200,000 new jobs. That’s quiets a strong performance. I think we may see the unemployment rate tick down to 3.8 percent. That will be a generational low. But perhaps more importantly, I think we are going to see wages tick up … That’s a very good sign for middle America.”

Varney’s jobs prediction was spot on, as the numbers were released shortly after he made his assertion.

It was announced that 201,000 new jobs had been added in the month of August, according to the Labor Department.

Varney also came close with his unemployment rate prediction and was only off by .1 percent.

The actual unemployment rate remained steady at 3.9 percent.

“I’m pretty sure you’re going to see a lot of those people who are currently on the sidelines come into the labor force.

Big deal,” Varney added.

“As far as our economy is concerned and our stock market, we are the only game in town. All the way around the world, economies are stagnating and markets are falling.”

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