So, how are our 401K accounts doing? Pleasant surprise: According to a guest on the Fox Business channel, his 401 K account, dormant during the Obama years, has increased more than at anytime in past 16 years.
Savings account and 401K retirement accounts, were penalized under Obama. He refused to cut regulations because he was (literally) busy saving the planet, and, tax breaks for corporations was out because those greedy CEO's would unfairly benefit from lower taxes. It wasn't fair, so no serious tax cuts for anyone.
As a result, the Obama years' legacy was found in the slowest eight year recover in the nations history. Obama and his pundits busied themselves trying to convince us that 2% GDP was the new 4% GDP. We would never see 4% growth again, and with the eight year annual GDP average of 1.8%, it certainly looked as if Barack's predictions were spot on. Too bad he didn't take fiance 101 while in college, or, at least tried to manage a fruit stand.
So, here comes Trump, and suddenly the GDP numbers went up, wages began to increase (up 4% in a year and half), Black unemployment went to 6.8%, the lowest in recorded history, the national unemployment numbers came in at 4.1%, officially full employment, and suddenly life is good and getting better.
Hang on folks, the train just left the station and the Dems are not on board !!!!!!
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