shakes

MSNBC Thank Obama For Economy

MSNBC’s Joe Scarborough is crediting the successful economy to former President Barack Obama.

“[Y]ou just have to say it,” Scarborough said. “Things are going well out there. This isn’t the greatest economy ever. This isn’t close to being the greatest economy ever. Barack Obama had more people getting jobs his last 16 or 18 months than have had jobs during Donald Trump’s first 16 or 18 months.”

“We’re in pretty an extraordinary six, seven-year recovery right now, and that’s a recovery we can all be grateful for. And, you know what? That’s something that we Republicans — now a conservative — we conservatives have always given credit where credit is due, and that’s the small business owners to people working hard.”


  • C. LeSaint

    Joe Scarborough how can you be so deaf, dumb, blind, ignorant, and stupid!! Obama DESTROY THE ECONOMY but PRESIDENT TRUMP DESTROYED ALL OF OBAMA’S REGULATIONS THAT STIFLED THE ECONOMY!!

  • ADBDAB

    WHAT A PRICK! THEN YOU WONDER WHY TRUMP SUPPORTERS BELIEVE A DAMN THING YOU MAKE UP. MAYBE, MF-15 WILL CATCH UP WITH YOU AND DON LEMON ON YOUR WAY HOME ONE NIGHT.

  • Danny S.

    Morning Joe is a Moron!!! He isn’t a conservative unless they have updated the the definition from honorable to liar.

  • Meg

    Economy was in the tubes fo r8 years and now all of a sudden in year 10, he gives Obama the credit. Give me a break. Obama wanted to break the country with his wealth redistribution. Look at the money he gave to terrorists and Iran.

  • Since Joe went with MSNBC he has lost his mind. He is blind and ignorant and in the tank for the democrats. I cannot believe what his babe did to him. She turned him into a stupid ass democrat.

  • Luzianagal

    You better think again lil beady eyes! BO is not responsible for a darn thing, except trying to ruin this country & you bunch of morons let him have free will!! You & others let him snooker you real good! He’s only interested in NWO confiscating the USA! What a moron & they give him another peace prize!! John & Robert Kennedy must be rolling over in their graves, at one of their own, would actually award him anything except a swift kick in the rear!!

  • George

    Scarborough is a certified IDIOT. It’s a sad day for America when a CLOWN like him can keep a job!!

    • Arnold Kezsbom

      Just shows you MSNBC will hire any schmuck!

  • Patricia A Smith

    Joe is just like Acosta, he is so blind he cannot see his nose on face. How stupid can an imbecile be.

  • jackel

    J. Scarborough is a liar or ignorant of the facts, or both. Does he mean Hillary would have carried Obama’s, socialist failed economical record also. This man has never ran a business let alone a country, if he thinks Obama had anything to do with President Trumps economic success. This is the deranged and outraged liberal left saying things are because they say so——they offer no other logical explanation because they never have any!!!
    What Obama, Hillary, G. Soros and other liberal left dems have is a plan to disrupt and discredit anyone and thing not agreeing to their socialist plan to take over America—–the America citizens and country be dampened, period.
    They appeal to those that don’t understand and are easily moved to any action by emotion and violence, or “it’s free” syndrome.
    Beware. They want your money, vote and freedom despite what else they are telling you.

  • ANA APETROAE

    LOST THE MIND !!!!!! O.M.G !!!!! IS BLIND ????

  • coconuisse

    I guess it’s all because of those “shovel ready jobs” that Obama created at a cost of approximately TEN TRILLION DOLLARS, eh Joe?

  • Philomena

    What drug helped Scarborough say such nonsense.

    • Ken Vannoy

      Joe is pussywhipped by Mika who is the dumbest woman on the planet.

  • Frick

    That is absolutely laughable!!! You are a dumb ass just like jim!!!

  • Arnold Kezsbom

    One thing is certain Joe has as much knowledge about economics as Nancy Pelosi! Crediting Obama for our economic boom is about as credible as MSNBC being Credited for FOX being #1 Cable News channel. Obama failed on all fronts just like MSNBC & CNN. His Economic, Foreign and Domestic Policies were the worst since Herbert Hover! No, correct that, Obama was the worst in history! Just like your show, the worst in history!

    • Richard Walker

      Arnold, you compare him to the wrong idiot! He is as knowledgeable as the 28 year old from New York (an economics major) advocating socialism for this country to solve all the “income inequality” problems. Idiots all, and they should be forced to move to the socialist paradise of Venezuela.

      • Arnold Kezsbom

        Good point! Can’t argue with that!

  • Nikita63

    Typical of everything Obama! He Ruined this country’s economy and freedoms and choices,forced the ACA on us and his wife destroyed school lunches. Those are his legacy along with Treasonous deals with Iran and Russia and the fiasco at Benghazi and in the Fast and Furious arms sales scandal and his penchant for spending YOUR tax dollars on Illegals and Sanctuary Cities.He took credit for Bush’s Standing Order to get Bin Laden and no one really knows if Seal team 6 did or not since he was allegedly buried at sea. WHY?Scarborough is not living on the same planet as his claims for 6-7 years of recovery are bogus and any intelligent American KNOWS the truth, that Obama was an Emperor wannabe with delusions of Godhood, acted so and was permitted to. In the 20 months of Trump’s Presidency, he has lived up to nearly every promise made and this, he did in SPITE of obstruction by every New World Order troll and U.N. advocating Marxist Progressive Democrat and their RINO accomplices. THANK GOD FOR TRUMP AND SANITY AND HERE’S TO THE END ALTOGETHER OF “:THE SWAMP!” That Scarborough, Maddow, Bill Maher and a horde of others remain in places where they throw nonsensical drivel at us every day shows just he far we have fallen into moral unconscionability, irresponsability, unaccountability, degeneracy, stupidity, corruption and parasitism and that is just in Washington Establishment Government and the biased media!

  • William Brummett

    msnbc and scarborough got that one right trump just tagged on to what obama started. just shows you what idiots the rest of you are.

    • Ken Vannoy

      You are full of crap. Obama was a marxiist with communist ties. He used the same communist playbook as Cuba and Venezuela and almost brought this country down. If Hillary would have got elected she would have finished the job.

      • William Brummett

        you are so full of it when obama took over the country was on it last leg and he pulled it out not trump but you’re an idiot so you are just blind to everything that happened before your dictator took over.

        • Ken Vannoy

          You are so misinformed …Obama is a Marxist , a proven liar and a traitor. He almost brought this country to its knees and if Hillary got elected she would have finished the job. Look at the tactics the left is using today and they are the same ones used by Stalin, Lenin, Hitler, Castro, and Chavez. Look at what happened to those countries and if we we get democrats elected again it will happen here. Study and learn from history, don’t ignore it leftie.

          • William Brummett

            obama a proven liar trump wakes everyday with a lie on his breath. trump tells more lies than he does truths and my friend you are the one that is misinformed trump is a traitor a sell out to this country.

          • Ken Vannoy

            You are a liberal and a loser.. wake up and smell the coffee Commie.

          • William Brummett

            if anyone is a loser and a commie it is idiots like you and you great dictator trump. and i bet you’re are a coward just like trump who bought his way out of going into the service of his country.

          • Ken Vannoy

            Obama, a proven Liar, wakes up each morning with a lie on his breath. Obama tells more lies than he does truths. Get a life loser. You and your progressive commie mentality are going to get people killed

          • William Brummett

            your sick and will stay that way there is no help for idiots like you so why don’t you kill yourself before trump gets it done for you . end it all and make the world a better place.

        • Joel Frank

          Why was the country on its last leg? You will probably say it was because of the George W. Bush domestic policies. Well, my friend, if that be the case then Barack Obama shares some of the blame because he voted for all the Bush domestic policies.

          • William Brummett

            no it was because bush deregulated the banks and that started all of the problems and prove obama voted on that.

          • Joel Frank

            Looking for a simple and politically convenient scapegoat, some politicians have blamed deregulation by the Bush Administration as the cause of the financial crisis that rocked the economy.
            Then House Speaker Nancy Pelosi, for instance, stated that “the Bush Administration’s eight long years of failed deregulation policies have resulted in our nation’s largest bailout ever, leaving the American taxpayers on the hook potentially for billions of dollars.” Similarly, then presidential candidate Barack Obama asserted in the second presidential debate that “the biggest problem in this whole process was the deregulation of the financial system.”
            But it is a myth that financial services were deregulated during the Bush Administration. If there ever was an “era of deregulation” in the financial world, it ended long ago.
            In a literal sense, financial services were never “deregulated,” nor was there ever a serious attempt to do so. Few analysts have ever proposed the elimination of the regulatory structures in place to ensure the soundness and transparency of banks.
            More typically, of course, the word deregulation has been used as shorthand to describe the repeal or easing of particular rules. To the extent there was a heyday of such deregulation, it was in the 1970s and 1980s. It was at that time that economists–and consumer activists–began to question many longstanding restrictions on financial services.
            The most important such restrictions were rules banning banks from operating in more than one state. Such rules were largely eliminated by 1994 through state and federal action. Few observers today lament their elimination, and because regional and nationwide banks are far better able to balance risk, this “deregulation” has helped to mitigate, rather than contribute to, the instability of the banking system.
            The next major “deregulation” of financial services was the repeal of the Depression-era prohibition on banks engaging in the securities business. The ban was formally ended by the 1999 Gramm-Leach-Bliley Act, which followed a series of decisions by regulators easing its impact.
            While not without controversy, the net effect of Gramm-Leach-Bliley has likely been to alleviate rather than further the current financial crisis.
            In fact, President Bill Clinton –who signed the reform bill into law– defended the legislation in an interview, saying, “I don’t see that signing that bill had anything to do with the current crisis. Indeed, one of the things that has helped stabilize the current situation as much as it has is the purchase of Merrill Lynch by Bank of America, which was much smoother than it would have been if I hadn’t signed that bill.”
            In the wake of the financial crisis gripping the nation in 2008, it is tempting to blame “deregulation” for triggering the problem. After all, if the meltdown was caused by the ill-advised elimination of necessary rules, the answer would be easy: Restore those rules.
            But that storyline is simply not true as there was little deregulation of financial services during the Bush years. To understand what caused the financial crisis one has to consider the four basic events that led to the housing bust of 2008, which spread to the financial markets and beyond:
            EVENT 1: In 1977, Congress passed the Community Reinvestment Act (CRA) to address alleged discrimination by banks in making loans to poor people and minorities in the inner cities, known as redlining. The act provided that banks have “an affirmative obligation” to meet the credit needs of the communities in which they are chartered. IN 1989, Congress amended the Home Mortgage Disclosure Act requiring banks to collect racial data on mortgage applications.
            In 1995, the Clinton Administration’s Treasury Department issued regulations tracking loans by neighborhoods, income groups, and races to rate the performance of banks. The ratings were used by regulators to determine whether the government would approve bank mergers, acquisitions and new branches. The regulations also encouraged groups, such as the Association of Community Organizations for Reform Now (ACORN) to file petitions with regulators or threaten to, slow or even prevent banks from conducting their business by challenging the extent to which banks were issuing these loans. Thus banks were forced to comply and issued loans to low-income individuals who often had bad credit or insufficient income. And these loans, which became known as “subprime” loans, made available 100 percent financing. did not always require the use of credit scores, and were even made without documenting income.
            EVENT 2: In 1992, the Department of Housing and Urban Development pressured two government-chartered corporations–known as Freddie Mac and Fannie Mae– to purchase (or “securitize”) large bundles of these loans for the conflicting purposes of diversifying the risk and making even more money available to banks to make further risky loans. Congress also passed the Federal Housing Enterprises Financial Safety and Soundness Act, eventually mandating that these companies buy 45 percent of all loans from people of low and moderate incomes. Consequently, a secondary market was created for these loand. And in 1995, the Treasury Department established the Community Development Financial Institutions Fund, which provided banks with tax dollars to encourage even more risky loans.
            For Left Wing Liberals, however, this still was not enough. Top congressional Democrats, including Representative Barny Frank, Senator Christopher Dodd, and Senator Charles Schumer, among others, repeatedly ignored warnings of pending disaster, insisting that they were overstated, and opposed efforts to force Freddie Mac and Fannie Mae to comply with usual business and oversight practices. And the top executives of these corporations, most of whom had worked in or with Democratic administrations, resisted reform while they were actively cooking the books in order to award themselves tens of millions of dollars in bonuses.
            EVENT 3: A by-product of this government intervention and social engineering was a financial instrument called the “derivative,” which turned the subprime mortgage market into a ticking time bomb that would magnify the housing bust by orders of magnitude. A derivative is a contract where one party sells the risk associated with the mortgage to another party in exchange for payments to that company based on the value of the mortgage. In some cases, investors who did not even make the loans would bet on whether the loans would be subject to default. Although imprecise, perhaps derivatives in this context can best be understood as a form of insurance. Derivatives allowed commercial and investment banks, individua companies, and private investors to further spread–and ultimately multiply–the risk associated with these mortgages. Certain financial and insurance institutions invested heavily in derivatives, such as American International Group (AIG).
            EVENT 4: The Federal Reserve Boards’ role in the housing boom-and-bust cannot be overstated. The Pacific Research Institute’s Robert P. Murphy explains that “[the Federal Reserve] slashed interest rates repeatedly starting in January 2001, from 6.5 percent until they reached a low in June 2003 of 1.0 percent…When the easy-money policy became too inflationary for comfort, the Fed (under Alan Greenspan and then new Chairman Ben Bernanke at the end) began a steady process of raising interest rates back up, from 1.0 percent in June 2004 to 5.25 in June 2006…” Therefore, when the Federal Reserve abandoned its role as steward of the monetary system and used interest rates to artificially and inappropriately manipulate the housing market, it interfered with normal market conditions and contributed to destabilizing the economy.
            (From Mark R. Levin’s LIBERTY AND TYRANNY)

  • Joseph Nicholas Toth Jr.

    President Trump could find a way to cure cancer, Parkinson’s disease, Alzheimer’s and blindness, and the Democrats would still find fault with the cures !. Hate trumps everything the president does. These are truly sick people.

  • ROB

    Now joe joe, Will you please now name the programs (for growth) that obammer put in place during his whole 8 years????????? Just one.

  • KingDon

    MSMBC is obviously just joking. Just shows that they have a sense of humor after all.