@tomalevine: Obama did not save the US from a depression at all. His main policy was monetary easing by slashing interest rates and quantitative easing (QE). As a result the USD weakened considerably.
Cutting interest rates is the right move but his QE saved the rich but did nothing for the poor. They printed money to boost the US stock markets and these shares are primarily held by the elite, banks, insurers and other financial institutions.
Many of the borrowers simply parked their money back into the US Federal Reserve rather than invest it back into the real economy to create jobs! (In contrast the European Central Bank reduces the rate to negative so this could not happen).
Then the US government used taxation revenue to pay back the debt.
Effectively the QE was a blatant transfer of wealth from the poor to the rich!!!! That’s why the 1% became richer under Obama’s two terms.
However, Obama did try his best to close Guantanamo Bay and he did try to end the Iraq war. He was also very pro-environment. He had a great healthcare plan and he also increased regulation of banks and financial institutions.
On the whole, I think Obama did well for America but in my opinion he was not so good on the economy. He wasted too much money on QE and there were three rounds of QE. The first was completely wasted and the third QE-infinity was simply ineffective.
But Obama was highly respected around the world. I could only think of Putin and Nethanayu disliking him.
Trump is simply a disaster for the US. He backed out of the Paris treaty, he backed out of the TPP, he backed out of the JCPOA treaty with Iran.
He screwed over US farmers with his trade war with China, he continues to waste tax payers money on the ineffective border wall. He gave himself a permanent tax cut while only temporarily cutting taxes for the middle class and the poor.
Trump has also weakened US ties with its traditional allies such as Canada, The European Union, Japan and South Korea by raising tariffs.
Meanwhile he continues to kowtow to its traditional enemy, Russia while belittling US’s own intelligence services the NSA and the FBI.
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