nat4900
Diamond Member
- Mar 3, 2015
- 42,021
- 5,969
- 1,870
- Banned
- #1
I have to hand it to the Trump swamp for their effectiveness in bullshitting a huge portion of this nation into believing that Trump is an economic "genius."
First, few republicans would readily admit that Trump inherited a pretty good economy from Obama; THAT would take some courage and we all know that they're too scared to show a spine.
Second, we have had to increase our huge debt by almost $2 TRILLION to basically benefit the very rich among us getting a PERMANENT tax cut which was used to buy back stock.....and less than 20% of Americans have any dealings with Wall Street.......AND, always remember what Trump told his wealthy friends at Mar-a-Lago after passing the tax scam..."I just made you guys a lot richer"....
Third, despite the rhetoric, wages increases are a damn joke.......with some fiscal quarters showing an increase of .07% and some others at 3%.......Look at it this way, for some families living on the minimum wage, the wage increase boils down to maybe $2 per day.
Fourth, the Feds are being "threatened" by Trump's tweets to NOT raise interest rates although inflation is a looming probability that will eventually hit our economy like an avalanche.
Fifth, the trade deals have been an abject failure, from NAFTA 2.0 to Americans farmers having to be subsidized for their rotting harvests and dairy farmers' profits being cut by 60%.
IF the only praises of a Trump administration is the "thriving" economy during the next election cycle, reality is going to be a real bitch.
First, few republicans would readily admit that Trump inherited a pretty good economy from Obama; THAT would take some courage and we all know that they're too scared to show a spine.
Second, we have had to increase our huge debt by almost $2 TRILLION to basically benefit the very rich among us getting a PERMANENT tax cut which was used to buy back stock.....and less than 20% of Americans have any dealings with Wall Street.......AND, always remember what Trump told his wealthy friends at Mar-a-Lago after passing the tax scam..."I just made you guys a lot richer"....
Third, despite the rhetoric, wages increases are a damn joke.......with some fiscal quarters showing an increase of .07% and some others at 3%.......Look at it this way, for some families living on the minimum wage, the wage increase boils down to maybe $2 per day.
Fourth, the Feds are being "threatened" by Trump's tweets to NOT raise interest rates although inflation is a looming probability that will eventually hit our economy like an avalanche.
Fifth, the trade deals have been an abject failure, from NAFTA 2.0 to Americans farmers having to be subsidized for their rotting harvests and dairy farmers' profits being cut by 60%.
IF the only praises of a Trump administration is the "thriving" economy during the next election cycle, reality is going to be a real bitch.