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Politics : The Trump Presidency -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (201066)6/3/2021 1:20:31 PM
From: Sam1 Recommendation

Recommended By
bentway

  Read Replies (2) | Respond to of 362349
 
That's pretty funny--"You have never once in this thread had a positive thing to say about his economic policy, which directly resulted in the strongest economy most of us can recall. And there really wasn't any doubt about why that happened."

Actually there have been plenty of times when the economy was stronger than under Trump. Under Clinton, for example. And under Bush, if you don't bother taking into account the bubble that was the basis of the strong economy until it burst. And even under Obama in his second term, if you actually look at the statistics. It really isn't difficult to use Mr. Google to try to substantiate you claims. Or to falsify them. For example, here are two analyses of the economy under Trump. My guess is you won't bother to read them, but what the heck, just in case you get some curiosity. You could look for your own articles that tout the wonderful economy Trump but you probably won't bother--they will likely be as much blather as your posts here.

US 2020 election: The economy under Trump in six charts
By Reality Check team
BBC News
Published 3 November 2020

Claim: President Trump says he built the greatest ever US economy prior to the coronavirus outbreak and that now it's recovering faster than ever.

Reality Check verdict: It's true the economy was doing well prior to the pandemic - continuing a trend which began during the Obama administration - but there have been periods when it was much stronger.

The US economy was then hit by the biggest economic contraction ever recorded as a result of the pandemic. It has since bounced back strongly, but hasn't regained all its losses.

We've looked at the economy in six key charts.

continues at bbc.com

Or here is another:

The Trump vs. Obama economy — in 16 charts

By

Heather Long

Reporter

September 5, 2020 at 10:40 a.m. EDT

As the United States suffers the worst economic downturn in nearly a century, key questions remain: How quickly can the nation recover, and who has the better track record to get us there?

The dire job losses from the spring are close to half recovered, but 13.6 million workers remain unemployed. Stocks are back near record highs, but food bank lines are long and evictions in parts of the country are growing.

The 2020 presidential election will be, at least partly, about the economy. President Trump argues the economy was soaring pre-pandemic and he can bring it back again, while former vice president Joe Biden, the Democratic nominee, argues the nation wouldn’t be in such bad shape if Trump hadn’t fumbled the handling of the pandemic. Biden says he can get people working again and points to the Obama administration’s track record after the Great Recession. Trump portrays the Obama era as sluggish.

The recession is over for the rich, but the working class is far from recovered

Perhaps the best case Trump can make for improvement since he took office is higher wages and a boost in confidence. The average worker’s pay finally grew more than 3 percent a year under Trump, and there was a drop in the number of Americans on food stamps. Consumer and business confidence also jumped after Trump’s election and remained high after the GOP tax cuts took effect in 2018. As recently as February, many Americans rated this as the best economy since the late 1990s. Now those gains are wiped out.

How has the pandemic affected your ability to pay for college? Share your story with The Post

The pandemic recession triggered more than 22 million job losses, modern-day bread lines and millions of pay cuts. Even before the pandemic hit, the picture was mixed. Manufacturing, business investment and growth were slowing noticeably heading into 2020.

While there’s ongoing debate about how much influence presidents really have over the economy, the charts below illustrate the trends under then-President Barack Obama and Trump.

1. Job gains (and losses)

The United States experienced some of its best years of job gains in 2014 and 2015 in Obama’s second term when the economy added more than 225,000 jobs a month. Employment continued to be strong under Trump — until the pandemic hit.

continues at washingtonpost.com



To: i-node who wrote (201066)6/3/2021 3:53:59 PM
From: Lane3  Read Replies (2) | Respond to of 362349
 
Yet again you did not answer my question but, rather, changed the subject. I should quit here.

>> The generational wealth disparity, for example, is the historical fault of the system

Anyone who cared about that problem as it pertains to blacks specifically had to have voted for Trump, who was, economically speaking, the best president our country has seen in decades.


But I'm curious about what you think Trump did to address that. The only notion I've even heard suggested to address that is reparations and in no universe did happen.

You have never once in this thread had a positive thing to say about his economic policy

That's probably a true statement. Blind pigs and all that...