yesIguess wrote:
Take if from a guy in recruiting and HR. We are hiring because of Trump and the republicans economic policy. Obama did not ruin the economy, but he sure as hell did not help it grow.
Lol! Yes, that's where I go for my economic policy analysis: The HR department.
You've got a problem with government attempting to influence the direction of the energy sector? What do you call giving huge incentives to the coal and oil and gas industries? Developing clean energy means more manufacturing jobs, better public health, and more long-term economic stability. The auto bailout saved 1.5 million jobs and the industry helped lead the recovery. It is simply INSANE that you would have a problem with that.
You think requiring employers to pay their employees a living wage/more money if they work overtime (thereby reducing the amount of government/taxpayer assistance they require) is an "assault" on businesses? Of course you do, you're in HR.
Obama did not "crush corporations with excessive tax rates." The federal corporate tax rate did not increase at all while he was in office, and corporate profits SOARED while he was in office. Not to mention he went shamefully easy on the financial sector when banks deserved to be broken up and hundreds of people deserved to be dumped behind bars for white collar crime.
The notion that jobs "fled the country" under Obama is completely asinine. After Republicans tanked the economy, Obama presided over YEARS of consistent monthly job creation (again, you ALL said these numbers were FAKE, so you can't boast about them now). The slowdown in productivity is an extremely complex issue and cannot credibly be pinned on Obama. Nobody totally understands it. There's the recession, the changing composition of the labor force, rising monopoly power, lack of workforce investment, entry barriers, etc.
Take pride in record consumer spending while you still can. Construction industry productivity is low, and Republicans have stifled infrastructure development for years. Business investment is also low and the idea that a tax cut will stimulate it was always nonsense. Businesses don't invest just because they see a tax benefit, they invest because they expect to see a profit. That money is going to stock buybacks instead. A consumer-driven economy will only work as long as consumers can/want to access debt, and that debt is currently at record levels. It's not sustainable.