Democrats Try to Undo the Best Part of Trump’s Legacy

Almost as many Republican governors shut down their states. Try again.


Repub States were also the first to leave lockdown. Repub States recovered faster than any demofascist State. Repub States had less deleterious effect to the children in schools, Repub States had fewer deaths over all.

So yeah, you should pay attention to real facts.
 

Democrats Try to Undo the Best Part of Trump’s Legacy​


“. . . . During Trump’s first three years in office, median household incomes grew, inequality diminished, and the poverty rate among Black people fell below 20% for the first time in post-World War II records,” the Journal reported in October 2020. “The unemployment rate among Black people went under 6% for the first time in records going back to 1972.” Minorities weren’t the only beneficiaries of this boomlet. Between 2017 and 2019, wages for the bottom 10% of earners grew at more than double the rate they did during President Obama’s second term.

This record is all the more impressive because it defied expectations. The growth of gross domestic product during Mr. Obama’s final year in office was only about half of what it had been a year earlier, which prompted no shortage of doom-and-gloom economic forecasts for the Trump presidency. Nevertheless, in 2017, 2018 and 2019, the unemployment rate came in below what the Federal Reserve had predicted, while GDP was higher than anticipated.

Democrats are loath to give Mr. Trump’s tax and regulatory agenda any credit for these outcomes, but the economy performed in the main just as administration officials and supply-side economic modeling predicted. Lower corporate tax rates were intended to reverse the downward trend in business investment, and following their implementation major companies announced wage hikes, bonuses and 401(k) match increases. In the two-year period after the 2017 tax reform passed, household incomes rose by more than they had in the previous eight years combined.

The reason this history is important is because Democrats, via the Inflation Reduction Act unveiled last week, want to raise the taxes that Mr. Trump cut. No matter what it’s called, the legislation is another tax and spending bonanza that will do little if anything to reduce inflation. But passage could discourage the kind of business investment we saw before Covid. And because corporate levies are borne mainly by employees, higher taxes on businesses can also lead to lower wages and less hiring.

The White House seems to be under the impression that Mr. Trump got the boot in 2020 because of his stewardship of the economy and that voters want his economic policies reversed. But the economy is one area where Mr. Trump consistently polled strongest, and he was elected in 2016 in large part because of the sluggish growth under Mr. Obama
. . . .

TheReaper says: Of course Democrats want people to forget how awesome and great Trump is, and they have a fake news media on their side to help them. That is also what these fake phone Nazi show trials are all about regarding the Jen 6 protest. Trump never incited violence. There is not a shred of proof that he did. In fact he did the opposite. Trump did so many great things, and the sheer blind animal hate of the Left blinds them to it.

Article by
Jason L. Riley
View attachment 699161
This can not be corrected as long as democRats vote. Who has ever heard of letting the retarded vote. It's like feeding half a cockroach swimming in the sewer. He ain't going to get any smarter cause you have the bottom half stupid. Now doesn't that half assed cockroach makes a lot more sense than anything Stupid Joe has mumbled even when he had golden leg hair the young boys would rub down when setting on his lap. Remember he likes young boys setting on his lap.
 

Democrats Try to Undo the Best Part of Trump’s Legacy​


“. . . . During Trump’s first three years in office, median household incomes grew, inequality diminished, and the poverty rate among Black people fell below 20% for the first time in post-World War II records,” the Journal reported in October 2020. “The unemployment rate among Black people went under 6% for the first time in records going back to 1972.” Minorities weren’t the only beneficiaries of this boomlet. Between 2017 and 2019, wages for the bottom 10% of earners grew at more than double the rate they did during President Obama’s second term.

This record is all the more impressive because it defied expectations. The growth of gross domestic product during Mr. Obama’s final year in office was only about half of what it had been a year earlier, which prompted no shortage of doom-and-gloom economic forecasts for the Trump presidency. Nevertheless, in 2017, 2018 and 2019, the unemployment rate came in below what the Federal Reserve had predicted, while GDP was higher than anticipated.

Democrats are loath to give Mr. Trump’s tax and regulatory agenda any credit for these outcomes, but the economy performed in the main just as administration officials and supply-side economic modeling predicted. Lower corporate tax rates were intended to reverse the downward trend in business investment, and following their implementation major companies announced wage hikes, bonuses and 401(k) match increases. In the two-year period after the 2017 tax reform passed, household incomes rose by more than they had in the previous eight years combined.

The reason this history is important is because Democrats, via the Inflation Reduction Act unveiled last week, want to raise the taxes that Mr. Trump cut. No matter what it’s called, the legislation is another tax and spending bonanza that will do little if anything to reduce inflation. But passage could discourage the kind of business investment we saw before Covid. And because corporate levies are borne mainly by employees, higher taxes on businesses can also lead to lower wages and less hiring.

The White House seems to be under the impression that Mr. Trump got the boot in 2020 because of his stewardship of the economy and that voters want his economic policies reversed. But the economy is one area where Mr. Trump consistently polled strongest, and he was elected in 2016 in large part because of the sluggish growth under Mr. Obama
. . . .

TheReaper says: Of course Democrats want people to forget how awesome and great Trump is, and they have a fake news media on their side to help them. That is also what these fake phone Nazi show trials are all about regarding the Jen 6 protest. Trump never incited violence. There is not a shred of proof that he did. In fact he did the opposite. Trump did so many great things, and the sheer blind animal hate of the Left blinds them to it.

Article by
Jason L. Riley
View attachment 699161
Hilarious…if Trump did such a great job, wtf was he kicked out of office in a landslide ? Probably because the electorate was right. He ran out the door stealing secrete documents just in case. He makes Nixon look like Mary Poppins
 
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Hilarious…if Trump did such a great job, wtf was he kicked out of office in a landslide ? Probably because the electorate was right. He ran out the door stealing secrete documents just in case. He makes Nixon look like Mary Poppins




You are so full of shit. The POLITICAL CLASS waged war against him, and we the people, and they STOLE the election from US, the people.
 
You are so full of shit. The POLITICAL CLASS waged war against him, and we the people, and they STOLE the election from US, the people.
Denier…..it’s hard to be smart, easy to be stupid. You just stop listening to anything but Fix News.
 

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