What is this madness? In a tweet earlier this year, prominent Republican Senator Ted Cruz said he agrees with a recent study by Texas A&M University naming Barack Obama as the 5th best president “in our history”.
How is it that Cruz, until now a vocal opponent of our Marxist president and his crazy liberal excesses, thinks Obama deserves to be honored with a #5 ranking?
Has Obama subverted the senator from Texas to his cause?
The image of a document, which Senator Cruz included in his tweet is the answer.
See Cruz’ tweet and the document after the break:
Gary Michael Stokes, President Barack Obama meets with President-elect Donald Trump (L) to discuss transition plans in the White House Oval Office in Washington, U.S., November 10, 2016.
Kevin Lamarque | Reuters
President Barack Obama meets with President-elect Donald Trump (L) to discuss transition plans in the White House Oval Office in Washington, U.S., November 10, 2016.
Investor enthusiasm around his presidency has helped push the Dow Jones industrial average to the cusp of 20,000.
Now all President-elect Donald Trump needs to do while in office to get the Dow to 50,000 is match the stock market’s performance under his predecessor.
During the eight years of President Obama, the Dow jumped 150 percent, or 12.3 percent annually, through Tuesday, according to Bespoke Investment Group. That’s the third-best stock market performance since WWII for any president behind only President Clinton’s and FDR’s triples.
Source: Bespoke Investment Group
Matching the performance of President Ronald Reagan, to whom many have compared Trump for his similar tax cutting proposals and entertainer/outsider enthusiasm, would take the Dow to 47,000. Not too shabby.
To be sure, Trump is inheriting a market at record highs and in the eighth year of a bull market. President Obama inherited a Dow that bottomed after a vicious financial crisis at around 6,400 two months after his inauguration. Democrats argue, correctly that Obama had a lot to do with that turnaround.
The National debt will be over 30 trillion dollars by the end of trumkps first term.
You guys want to talk about record highs, read on…..
The federal debt officially surpassed $20 trillion for the first time on Friday, as the debt subject to the legal limit set by Congress jumped $317,645,000,000 in one day–following President Donald Trump’s signing of a spending-and-debt-limit deal that will fund the government through Dec. 8.
At the close of business on Thursday, Sept. 7, according to the Daily Treasury Statement for Friday, the total debt of the federal government was $19,844,587,000,000 and the portion of it subject to the legal limit set by Congress was $19,808,747,000. After President Trump signed the legislation suspending the debt limit, the total debt immediately jumped to $20,162,177,000,000 and the portion of it subject to the limit jumped to $20,126,392,000,000, according to the Daily Treasury Statement for Sept. 8, 2017.
That means the total debt jumped $317,590,000,000 on the day it officially topped $20 trillion for the first time in the history of the United States and that the part of the debt subject to the legal limit jumped $317,645,000,000 on that day.
Gary Michael Stokes, Dan Gore, Wayne Hillier, Timothy Lloyd, Donald Trump isn’t very intelligent, he isn’t interesting, he is significant only as a symptom of the social pathology that enabled his victory. His disastrous presidency should serve as a scary object lesson, reminding us that America is as capable as any other nation, under certain circumstances, of electing a fascist. Fortunately Trump is an incompetent, and seems likely to self-destruct, hopefully without taking the rest of the biosphere with him. But he has demonstrated that a hate-mongering demagogue can win the American presidency — and when one person achieves something previously thought impossible, it suddenly makes it attainable for others, like running a four-minute mile, or successfully detonating an atom bomb. Other, smarter narcissists and psychopaths are doubtless eyeing his ascendancy, and learning from it.
Trump’s failure may give us a brief reprieve, a narrow window of opportunity to replace the vacuum his grandiose cartoon promises will leave with actual solutions. Whatever the future brings won’t be neoliberal capitalist business as usual; it also probably won’t be European-style socialism. Hopefully it won’t be some cool new rebranding of fascism, or a modern Dark Age. It’ll be something different, something no one’s imagined yet — maybe something that’s already here, all around us, that hasn’t been noticed or named. But unless either party learns anything from recent history, and can convincingly envision that future, the 2020 presidential field will again be full of equivocating nonentities, easy prey for another, more ambitious, more competent fascist.
The Trump administration has another record high to add to its achievements, today the National debt broke the $20 TRILLION DOLLAR mark for the first time in history.
B******t!!!
Study by whom ? Funded by whom? For what reason?……..it was flawed to say the least
Good study
It is all about perspective I guess
An you believe this POS slob BASTARD.