Trump's Economic record

[CowboyTed]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

 

[Mac1958]

 

[JGalt]

The US economy became China's economy on January 21, 2000, when the first case of the their virus was detected in the US.

It will continue to be China's economy throughout the next four years. There's really nothing a Biden administration can do to fix that, so buckle up.

 

[alpine]

The US economy became China's economy on January 21, 2000, when the first case of the their virus was detected in the US.

It will continue to be China's economy throughout the next four years. There's really nothing a Biden administration can do to fix that, so buckle up.

whatever that means... god knows...

 

[rightwinger]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

 

[Lee Edwin]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

2 vaccines in a few months, under the Trump Warp Speed plan, when other vaccines generally have been developed in several years. A stunning achievement. Pre-Covid, increased median income, increased wages, decreased poverty. Under Obama, stagnant income and wages BUT he did increase poverty, particularly among blacks, 600,000+ fell into poverty.

 

[rightwinger]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

2 vaccines in a few months, under the Trump Warp Speed plan, when other vaccines generally have been developed in several years. A stunning achievement. Pre-Covid, increased median income, increased wages, decreased poverty. Under Obama, stagnant income and wages BUT he did increase poverty, particularly among blacks, about 600,000.

Other countries are getting it too
Trump was no faster

 

[Wyatt earp]

What the hell did the anti pipeline, anti drilling, anti fracking, anti business president obama do?

Please be specific...

 

[Wyatt earp]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

2 vaccines in a few months, under the Trump Warp Speed plan, when other vaccines generally have been developed in several years. A stunning achievement. Pre-Covid, increased median income, increased wages, decreased poverty. Under Obama, stagnant income and wages BUT he did increase poverty, particularly among blacks, about 600,000.

Other countries are getting it too
Trump was no faster

They have their own vaccine?

 

[alpine]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

and as a result he broke the back of a whole world economy...

 

[rightwinger]

What the hell did the anti pipeline, anti drilling, anti fracking, anti business president obama do?

Please be specific...

Saved us from a Depression
Obamacare
Saved the auto companies
Paris Climate Accord
Iran Nuclear Agreement
Killed Bin Laden

 

[rightwinger]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

and as a result he broke the back of a whole world economy...

When you ignore COVID and open businesses, COVID comes back with a vengeance

 

[Wyatt earp]

What the hell did the anti pipeline, anti drilling, anti fracking, anti business president obama do?

Please be specific...

Saved us from a Depression
Obamacare
Saved the auto companies
Paris Climate Accord
Iran Nuclear Agreement
Killed Bin Laden

Auto companies bail out was bush Jr

What does paris climate accord killing bin laden have to do with the economy?

 

[Wyatt earp]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

and as a result he broke the back of a whole world economy...

When you ignore COVID and open businesses, COVID comes back with a vengeance

So you think people had thousands of dollars saved up to pay the rent?

 

[alpine]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

and as a result he broke the back of a whole world economy...

When you ignore COVID and open businesses, COVID comes back with a vengeance

So you think people had thousands of dollars saved up to pay the rent?

they dont...

thats why trump should not have ignored the virus to begin with...
then should not have claimed it was less than a flu...
then should not have claimed it would burn out by may...
and should not have wasted all the crucial time to contain it as a true leader...

the ignorance is a bliss, till you have to pay for its price...

 

[Mikeoxenormous]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

Under the brown turd Obammy, the rich got a lot richer do to the QE forever deal where the rich could borrow money at zero percent interest, invest it at 3 percent interest and make good amounts of profit while not producing shit. Then the poor who kept their money in bank accounts were paid .05 percent interest thus keeping them poor. Also Osama Obama, had takin control of the College fund thus driving prices up for his good ole liberal buddies in academia making loans overpriced. But here is the real kicker of the Muslim Faggot who had a tranny as 1st partner..

Obama Warns of ‘New Normal’ for Economy - Washington Wire - WSJ

On getting discouraged: “I do get discouraged, I mean, there are times where I thought the economy would have gotten better by now. One of the things I think you understand as president is you’re held responsible for everything. Especially an economy this big – there are limited tools to encourage the kind of job growth that we need.”

Feckless leadership is just what the brown fecal matter had...

 

[toobfreak]

Trump's Economic record

Let me simplify it for you:

Trump had the best economy, job market, rising wages, etc., until Covid came along and gave the Democrat governors an excuse to all say they were going to "handle" it and shut everything down, destroyed 100,000 businesses, put millions out of work, wrecked the economy, destroyed families, careers, suicides, and all for what?

Restrictions that didn't work, 250,000 dead, and at least a third of them right in NYC and nursing homes.

GOOD JOB DEMOCRATS.

 

[CowboyTed]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

2 vaccines in a few months, under the Trump Warp Speed plan, when other vaccines generally have been developed in several years. A stunning achievement. Pre-Covid, increased median income, increased wages, decreased poverty. Under Obama, stagnant income and wages BUT he did increase poverty, particularly among blacks, 600,000+ fell into poverty.

Please read my OP... I explain that all those economic accomplishments were made by inheriting an economy going in that direction and the massive increased borrowing...

 

[Wyatt earp]

He never understood the basic concept, beat the virus and the economy will recover.

Trump accepted the advice of economists over medical experts
All his decisions were based on what was best for the bottom line

COVID is in charge

and as a result he broke the back of a whole world economy...

When you ignore COVID and open businesses, COVID comes back with a vengeance

So you think people had thousands of dollars saved up to pay the rent?

they dont...

thats why trump should not have ignored the virus to begin with...
then should not have claimed it was less than a flu...
then should not have claimed it would burn out by may...
and should not have wasted all the crucial time to contain it as a true leader...

the ignorance is a bliss, till you have to pay for its price...

Dude you would of had chaios in the streets if Trump said it was bad he gas lighted on purpose.

 

[Wyatt earp]

Hi,
The Trump administration has been bullish about it economy, ignoring COVID. The reality is that Trump Economy had problems much like his businesses he was over leveraging.. Please read below

Unemployment
For starters the UE was low under Obama and was in the direction of going lower... Can you tell us what actual actions took to lower UE that Obama had not already done... Note: Tax Break had not evidence of doing anything good or bad to UE.
View attachment 430202

Deficit
Now lets look at borrowing... A economy who is actually doing well shouldn't need to borrow money should it? Well it shouldn't need to increase borrowing, should it...
View attachment 430205
So you can see from this graph that Trump was increasing borrowing even before the crisis. He got the deficit at $600bn and he had almost doubled it to $1.1 trillion... That is 2.4% of GDP extra over Obama in an Economy which "Best in the world ever"... In total US was set to borrow 5.6% of there GDP, so the US is pumping there economy with 5.6% borrowing. So what was the growth?
View attachment 430233
So there is no major increase in GDP even after borrowing so much more money... Actually after borrowing 5.6% and growth of only 2.5%, so if the US Government that is a loss of 3.1% after borrowing 2.4% more... And Trump was saying this was the best Economy ever.... This was remortgaging the house and going to Disneyland....

COVID
A few people use the excuse that COVID is what hurt the economy. Truth is that Trump cut the CDC pandemic response team around the world. Trump never considered a Pandemic/Epidemic as a national defence issue and best way to defend it is to work with everyone in the world together.
Trump made misstep after misstep but his response was to always downplay the virus. He never understood the basic concept, beat the virus and the economy will recover.
Because of this the strategy has been always off... Other economies understood this was a 100 year event and normal rules don't apply... You support your economy or you will get unrest.

Trump excuse seems to be like a drunk explaining everything was going great until the car crashed....

2 vaccines in a few months, under the Trump Warp Speed plan, when other vaccines generally have been developed in several years. A stunning achievement. Pre-Covid, increased median income, increased wages, decreased poverty. Under Obama, stagnant income and wages BUT he did increase poverty, particularly among blacks, 600,000+ fell into poverty.

Please read my OP... I explain that all those economic accomplishments were made by inheriting an economy going in that direction and the massive increased borrowing...

I read it and you refuse to say how Obama did it.

Except he was the magic negro