r/WallStreetbetsELITE 8d ago

MEME Didn't see this coming

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u/Toolfan333 7d ago

He wasn’t VP during the 2008 crash, that was Dick Cheney

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u/Altruistic-Look101 7d ago

I don't know why you guys argue about nothing. Great Recession was not just a month/year thing. Obama entered into office with unemployment rate about 8%. 2008 September was when Lehman Brothers went bankrupt. The mess was dealt by Obama administration.

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u/Toolfan333 7d ago

Sorry that facts matter, he didn’t take office until 2009. Hell people still believe he bailed out the banks when it was Bush, Obama bailed out the auto industry.

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u/Altruistic-Look101 7d ago

I think you should follow the thread I was talking about. I didn't talk about bailing out . I didn't say anything about banks or auto industry. Obama didn't inherit a great economy and then Trump both times handed the best one. Biden has been in politics forever and had more experience .....that was my point. That's it.

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u/DoireK 7d ago

Dealt with by the Obama administration you mean? He wasn't in office until 2009. The crash like this one was overseen by republicans.

In fact, republicans have a terrible record when it comes to the economy going back decades.

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u/Toolfan333 7d ago

They are terrible for the economy and have fooled people into believing otherwise. Bush handed Clinton a recession, Clinton handed Bush a surplus(some Clinton policies directly led to the housing crisis), Bush handed Obama the Great Recession, Obama handed Trump a thriving economy, Trump handed Biden a cratered economy, Biden handed Trump the economy that was the envy of the rest of the world, let’s see what Trump hands the next guy.

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u/Southern-Lettuce-91 4d ago

Republican track record.. 8 out of the last 9 recessions happened on their watch. And for some reason people think they are the fiscally responsible party.. lol. So brainwashed, it would be funny if it weren’t so tragic and happening again to our country.

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u/nv87 7d ago

The worst thing about it is, that they actually do this on purpose. It’s the „two Santas“ strategy.

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u/amcooperus 6d ago

Yep. This.

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u/AntzPantz-0501 4d ago

He won't be handing shit... he's going to die in office... and services will be dead, Medicaid will be dead, Paula white Ministries will be billionaires.. Elon first trillionaire and Trump Org will make in excess of $30 billion.

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u/DoireK 7d ago

Bit optimistic to think there will be a peaceful transfer of power next time around lol