The Last Liberal Democrat President To Have A Good Economy?

Which president was the last liberal Democrat president to have a good economy while applying liberal economic policies?

 

As far as Obama. This was one of the main criticism of the economy during his time in office.

"The average recovery following post-1960 economic slowdowns, which lasted more than 12 months, is 3.9 percent. Under President Ronald Reagan it was 4.8 percent. Obama was the first president ever to preside over an economic recovery in which not a single year of the economy grew at least 3 percent."

Larry Elder: Trump's economy is so good that Dems' new talking point is Obama built it

 

Joe Biden.
Inflation has fallen below 3% for the past year, it's lowest rate in 3 years, while economic growth continues strong and unemployment is lowest in 54 years. There have been 19 million new business applications since Vice President Harris and President Biden took office, an annual growth rate 90% higher than pre-pandemic averages. Retail sales are higher than expected, and the stock market just broke records (again).
And yet, the MAGA Cult still thinks the economic sky is falling, simply because their Führer says so.

"...markets all over the world climbed after the Fed yesterday cut interest rates for the first time in four years. In the U.S., the S&P 500, which tracks the stock performance of 500 of the biggest companies on U.S. stock exchanges, the Nasdaq Composite, which is weighted toward the information technology sector, and the Dow Jones Industrial Average, an older index that tracks 30 prominent companies listed on U.S. stock exchanges, all hit new records. The rate cut indicated to traders that the U.S. has, in fact, managed to pull off the soft landing President Joe Biden and Treasury Secretary Janet Yellen worked to achieve. They have kept job growth steady, normalized economic growth and inflation, and avoided a recession...Bringing the U.S. economy out of the pandemic more successfully than any other major economically developed country..."
Heather Cox Richardson

 

"the democrats have a terrible economy...just terrible.." ... Donald J. tRump...

 

Why is Bidenomics getting such a bad rap?

 

The water has only risen 3% for the past year !

The compounding nature of inflation means each year's inflation rate is applied to the new, higher base amount from the previous year. This results in the overall inflation being higher than a simple additive calculation would suggest.

 

I guess we will be okay.

If Kamala wins its only 4 more years and no way that lady won't be a one term president.

After 4 years of the cackling idiot 2028 goes to the republicans no matter what so holy cow we have to wait until 2032 for the possibility of a democrat primary and a non puppet candidate.

That's a long time, yikes.

2032 that looks so weird the year 2032. But yes if Trump wins then 2028 we get a real democrat primary and have a chance at a real candidate who will win for sure.

 

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And experts at lying about anything and everything. No shame at all --just like the lying asshole trump who literally lies every time he says --ANYTHING.! Even when every lie he utters is completely provable to be wrong----his cult members( you know --the suck-ass motherfuckers) believe them. Stupid fucks!!!

 

Its a cult

 

Why are there so many complaints about Bidenomics?

 

I found this interesting about Bill Clinton.

"Few liberals want to return the Democratic Party to that era because so many see his presidency as a betrayal of the progressivism that was once the hallmark of the New Deal and the Great Society. Bill Clinton was the first Democratic president since FDR to win two consecutive terms, but that accomplishment seems merely a product of his accommodation to an ideology that privileged trade liberalization, financial deregulation, and privatization of government services, while tolerating the growth of class inequalities. Clinton’s 1996 declaration that “the era of big government is over” seemingly ratified Reaganite conservatism and in the process transformed Republican politics and policy into a hegemonic ethos that liberated global finance and eviscerated Keynesian liberalism."

Bill Clinton Campaigned as a Progressive. Why Didn’t He Govern Like One? – Mother Jones

 

Our Yugge deficit is a bi-partisan affair. Also media indifference.

 

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As far as that article on Bill Clinton. Clinton had a majority Republican congress during the 90s to deal with that likely kept him from being too liberal with his economic policies.

 

They simply are not capable of managing the country well.