Consumer Confidence number 2nd lowest ever.

If you look up NAFTA on WIKI you'll see Clinton put Environmental and Labor protections in it before he signed it. I bet you $1 million dollars Bush removed those environmental and labor protections.

What does enforcing our trade deals have to do with borrowing money from countries? And why are/were we borrowing money from other countries?

Actually, after re reading your post, it reminds me of something I heard once. If you owe someone $1000, they have the power. But if you owe them $1 million dollars, you have the power.

So what if we owe China money? Do they want us to pay them back? Then they better be nice.
How does a country enforce a trade deal?
 
If you ever wondered why manufacturing employment has not done well over the last 15 years, President Clinton gave us part of the answer in a column giving advice on job creation [thanks hapa]. His 13th item on job creation is “Enforce Trade Laws,” where he tells readers:


“We lost manufacturing jobs in every one of the eight years after I left office. One of the reasons is that enforcement of our trade laws dropped sharply. Contrary to popular belief, the World Trade Organization and our trade agreements do not require unilateral disarmament. They’re designed to increase the volume of two-way trade on terms that are mutually beneficial. My administration negotiated 300 trade agreements, but we enforced them, too. Enforcement dropped so much in the last decade because we borrowed more and more money from the countries that had big trade surpluses with us, especially China and Japan, to pay for government spending. Since they are now our bankers, it’s hard to be tough on their unfair trading practices. This happened because we abandoned the path of balanced budgets 10 years ago, choosing instead large tax cuts especially for higher-income people like me, along with two wars and the senior citizens’ drug benefit. In the history of our republic, it’s the first time we ever cut taxes while going to war.”
You know Trump can't be honest today about Bill Clinton. It's politics. For example in the past before he decided to run as a Republican he said the truth. It was pathetic the Republicans went after him for Monica. It wasn't important. But then CANDIDATE Trump brought all of Bill's accusers to his debate with Hillary. To rattle her.

This was before Trump turned into a lying Republican. So this is what he really believes.

"I think Bill Clinton was a great president,’" Trump said in the interview that was conducted shortly after the 2008 presidential election on NY1's "Inside City Hall" program.

"You know, you look at the country then. The economy was doing great. Look at what happened during the Clinton years. I mean we had no war, the economy was doing great, everybody was happy. A lot of people hated him because they were jealous as hell,’" Trump said.

And you think Trump walks on water so...
 
If you look up NAFTA on WIKI you'll see Clinton put Environmental and Labor protections in it before he signed it. I bet you $1 million dollars Bush removed those environmental and labor protections.

What does enforcing our trade deals have to do with borrowing money from countries? And why are/were we borrowing money from other countries?

Actually, after re reading your post, it reminds me of something I heard once. If you owe someone $1000, they have the power. But if you owe them $1 million dollars, you have the power.

So what if we owe China money? Do they want us to pay them back? Then they better be nice.
Who voted in greater numbers for NAFTA? Dems or Repubs?
 
You defend tariffs like you defend Trump. Poorly.
Well, you lost interest in conversations and now intend to hurl insults. Once you take that path, it can be the end of the road.

I did not like the Biden tariffs. Did you like them?
 
I was asked what post I posted a graphic showing the truth about the economy.

Same topic, post #165
 
You never ever protested the tariffs handed to us by the Biden administration where they approved the Trump tariffs of his first administration. I did not love Bidens nor Trumps though for Trump his are paying the national debt.

Biden did not use the tariffs as a major hammer to bang up the American consumer, did he?
 
Well, you lost interest in conversations and now intend to hurl insults. Once you take that path, it can be the end of the road.

I did not like the Biden tariffs. Did you like them?
What insults? You defend Trump poorly. That's the truth. His acts hurt the American consumer.
 
Biden did not use the tariffs as a major hammer to bang up the American consumer, did he?
So, you were very pleased he kept the first trump tariffs and jacked them up very high to China?

Here is what pleases me so far, Trump takes the China tariffs and applies them to the debt of the USA. Saves tax hikes.
 
So, you were very pleased he kept the first trump tariffs and jacked them up very high to China?

Here is what pleases me so far, Trump takes the China tariffs and applies them to the debt of the USA. Saves tax hikes.
You really don't understand what is happening.

So you like the American consumer paying off the debt. OK.
 
Yea, you guys love to just brush off how great he was on some internet bubble. Suck a dick loser.

We can't ask you to be honest. Let's ask Trump before he decided to run as a Republican what he thinks about Trump and jealous people like you.

"I think Bill Clinton was a great president,’"
"You know, you look at the country then. The economy was doing great. Look at what happened during the Clinton years. I mean we had no war, the economy was doing great, everybody was happy. A lot of people hated him because they were jealous as hell,’" Trump said.

Besides the Internet Bubble and going along with Newt's cuts,
what else was responsible for his good economy?
 
No. Clinton was a great president PERIOD.

Bush was handed a great economy and he fucked it up. You want to blame a bubble burst and ignore all the tax breaks, deregulations and wars he launched.

If you notice Biden got us out of economic trouble fairly pain free. Sure inflation sucked but unemployment was low, companies were hiring. Bush's policies he implemented did more harm to our economy than the small recession he was handed. Add up everything Bush did, or didn't do, in the 8 years he was president and HE was the reason for the Greatest Recession we've seen since the Great Depression. And don't forget Trump's covid recession was even worse than Bush's. Maybe it wouldn't have been so bad had he handled it differently. Instead he encouraged super spreader rallies, not wearing masks and not get vaccinated. He made it WORSE! So did you his MAGA followers.

Did you see this? Good economies favor Republicans despite who the incumbent is. And bad economies favor Democrats. Why? Because voters like risk taking Republicans who will lower interest rates and cut taxes in good times. Get rid of regulations. But those things cause recessions. So that's why Democrats always win when the economy is bad. They come in and raise taxes on the rich, put back important regulations, give out stimulus checks, invest in America. We put the country together after Republicans have broken it.

Our main thesis is that a strong economy favors Republicans, and a weak economy favors Democrats, regardless of the incumbent.


If you notice Biden got us out of economic trouble fairly pain free.

Of course he did, just look at how Biden did in Q3, 2020.

1756334212075.webp




Damn.....+35.2%

Thanks Joe........ummmmm.

Maybe it wouldn't have been so bad had he handled it differently. Instead he encouraged super spreader rallies,

I know!
Telling people to take public transporation to Chinatown and then
encouraging the ANTIFA riots........urrrrrrrr.
 
Does that tell the whole story? If you think it does, here's a statistic you'll appreciate

Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50 million jobs, Republicans 1.

And that's why the Dems have held the presidency for 36 of those 36 years.

Or is it less?
 
15th post
Look how Trump did

Q2 2020: GDP plunged –31.4%, marking the steepest quarterly drop in modern U.S. history.
 
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