During Obama's presidency, the growth of the economy stagnated. - When Bush left unemployment was 5%. Posted: Jan 9th, 2018 - 11:04 am In Reply to: No, that one - is still to be
That used to be considered full employment. When Obama left, 90 million people were on unemployment, food stamps, welfare, etc.
The growth of the economy has always come from small businesses, not big businesses. The dramatic increase in regulations by the Obama administration and requirements made it harder and harder for small businesses to survive, much less prosper.
Now with the $15/hr minimum wage, small restaurants will get crushed, while big chains can develop and install kiosks for ordering and robots.
Post A Reply Reply By Email Options
Complete Discussion Below: (  marks the location of current message within thread)
- David Cameron thought Obama was one of the most - "narcissistic, self absorbed" (Views: 445, 2018-01-09, 4:10 am)
- Obama was given everything on a silver platter... money, - position, a halo, a Nobel prize, (Views: 170, 2018-01-09, 4:15 am)
- And he still blew it! - SM (Views: 162, 2018-01-09, 6:58 am)
- No, that one - is still to be (Views: 154, 2018-01-09, 7:08 am)
- During Obama's presidency, the growth of the economy stagnated. - When Bush left unemployment was 5%.
|
