False flag is an interesting term, used mostly by conspiracy theorists.
"The contemporary term false flag describes covert operations that are designed to deceive in such a way that the operations appear as though they are being carried out by entities, groups, or nations other than those who actually planned and executed them."
I use this term to get everyone's attention, hopefully. I want Tweety Twump to succeed, but I do not want Tweety to get credit for what President Obama did and how the economy is going when he actually starts work in the White House. I want to know what Tweety actually does, not Inherits, again.
Tweety got at least $1,000,000 from his father to start getting rich, and I read or heard, I can't remember which, he got about $100,000,000 in loan guarantees from his father, AND likely inherited a chunk of change upon his father's passing.
There are many who say Obama's efforts to get our economy going again after the disaster of 2008 were inadequate. Some get really nasty and say "worst" ever. That's all absurd and wrong, of course. Even if the economy only grew at an annual average of 2.1% since the end of the recession in 2009, versus a historic average of 4.3, thus the term "anemic," there was steady improvement where things could have been far, far worse.
Tweety Twump will inherit one of the lowest unemployment rates for ANY U.S. President since 1960. Don't bother rationalizing about how working age men who stopped looking for jobs as a reason unemployment is so low. You know that logic is bull sh*t. Tell me why they stopped looking, and it is not because Obama was President.
The Tweety deregulation of businesses will inspire both the markets and business hiring, no doubt and that is great. Let's keep wathc to see what happens with the de-regulation and if anyone dies under lax safety rules in businesses, or the "unintended consequences" are more poverty in our nations and more hungry, homeless people, and more personal debt.
"President Obama Weighs His Economic Legacy"
Eight years after the financial crisis, unemployment is at 5 percent, deficits are down and G.D.P. is growing. Why do so many voters feel left behind? The president has a theory.
By ANDREW ROSS SORKIN, APRIL 28, 2016
http://www.nytimes.com/2016/05/01/magazine/president-obama-weighs-his-economic-legacy.html?_r=0
"Gene Sperling, the former director of the National Economic Council who spent hours inside the Oval Office debating and devising the president’s economic strategy, told me, “If we were back in early 2009 — when we were coming to work every morning with clenched stomachs, with the economy losing 800,000 jobs a month and the Dow under 7,000 — and someone said that by your last year in office, unemployment would be 5 percent, the deficit would be under 3 percent, AIG would have turned a profit and we made all our money back on the banks, that would’ve been beyond anybody’s wildest expectations.”"
"Ultimately, however, Obama said the lessons of his time in office are being misunderstood in the election campaigns. “If you look at the platforms, the economic platforms of the current Republican candidates for president, they don’t simply defy logic and any known economic theories, they are fantasy,” Obama said. “Slashing taxes particularly for those at the very top, dismantling regulatory regimes that protect our air and our environment and then projecting that this is going to lead to 5 percent or 7 percent growth, and claiming that they’ll do all this while balancing the budget. Nobody would even, with the most rudimentary knowledge of economics, think that any of those things are plausible.”
He continued: “If we can’t puncture some of the mythology around austerity, politics or tax cuts or the mythology that’s been built up around the Reagan revolution, where somehow people genuinely think that he slashed government and slashed the deficit and that the recovery was because of all these massive tax cuts, as opposed to a shift in interest-rate policy — if we can’t describe that effectively, then we’re doomed to keep on making more and more mistakes.”"
"What Will the U.S. Economy Actually Look Like in 2017?
Ian Salisbury @iansalisbury
Nov. 14, 2016
http://time.com/money/4570031/american-economic-outlook-2017/
"First, the American economy has increased at a rate of roughly 2% since the Great Recession. That’s not peanuts, but it isn’t the kind of expansion Americans saw in the 1980s and 1990s. And expanding the economy isn’t so simple, given, for example, the aging workforce.
Another challenge the country’s great economic minds will have to consider: how to address wage stagnation coupled with an increased cost of living."
"U.S. Economic Forecast 2017-2018: Mild Rebound"
Bill Conerly, Contributor. 16 Sep 2016
"The next president will likely face a recession"
by Heather Long @byHeatherLong June 19, 2016: 8:20 AM ET
http://money.cnn.com/2016/06/19/news/economy/donald-trump-hillary-clinton-recession/
Be aware! Beware!
