Trump's Economic record

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.
Nope the two vaccines were not developed with US monies..

Vaccines were developed under the Trump Warp Speed program, streamlining FDA approval, providing financial government purchases, and placing military distribution in place.
The two vaccines in use are from German money....Sorry to blurst yer Trump bubble...

Yeah, that's why the Pfizer plant is in Michigan! You really are fucking ignorant!

Pfizer Inc. (/ˈfaɪzər/)[3] is an American multinational pharmaceutical corporation. One of the world's largest pharmaceutical companies, it is ranked 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue

German? Yeah, right, you fucking libtard!

Do you EVER get anything right or are you mentally retarded?
 
The failures started when trump left an international pandemic to the states. States don't have the kind of resources the fed has, giant failure.

Libtard politicians were telling President Trump he had no Constitutional Authority to do anything in states, whether it was sending in feds to shutdown Seattle's 'summer of love during which time foreign-funded domestic liberal terrorists took over several city blocks, held residents and businesses hostage, and victimized Americans inside f their 'autonomous zone' or whether it was telling criminally incompetent Governors like Cuomo what he should do. It was not President Trump's desire for states to flounder and CHOOSE to fail - the Democrats in those states demanded he and his administration stay away.

President Trump did provide all the assistance and aid those local / state politicians asked /pleaded for. States / governors even THANKED President Trump for the assistance they were given....but he was not responsible for their incompetence and poor decision-making. Case in point.

For example: Gov Cuomo was warned by the CDC in 2015/2017 (?) that he needed to buy more ventilator beds to prepare for possible future pandemics. Cuomo blew the money on some failed 'green energy' project. When the pandemic hit and Cuomo ad no idea how to handle the emergency (as shown by his failed policy that resulted in the needless deaths of over 10,000 elderly Americans, President Trump had the Army Corp of Engineers build Cuomo / NY a hospital. President Trump also sent over a USN hospital ship... In the end the hospital was torn down and the hospital ship left NY due to LACK OF USE.

Cuomo made the decision to sacrifice 10,000 elderly Americans in order to keep hospital beds open for a hospital-required C-19 wave that never came. President Trump could not stop Cuomo from making such a deadly decision / mistake.
Trump failed miserably and we have the most covid deaths. Your excuses are just sad.
And yet everyone still wants to be in the US.
And the people don't want trump and his failure.
73,000,000 who own businesses and earn their own income do want Trump.
I'm not interested in what slum residents want in a President since over 99% of them vote for a letter.
More people wanted him gone than wanted him. Why so many still support failure I've no idea. Huge deficits, giant bailouts, most pandemic deaths, tariffs that hurt manufacturing, mexico didn't pay for a wall, couldn't hit 3% gdp growth....
Have you noticed that GW causing Obama to bail out the US didn't raise anybody's taxes?
I always buy US, German and Japanese products based on reviews.
Everyone in the US is dying and yet everyone on earth wants to be here now.
That doesn't change trump was a giant failure.

Trump is the most successful US President in history: Stunning economy, lowest unemployment in history, first wage increases in decades, record-low poverty; energy independence, biggest energy producer in the world, largest exporter of oil and gas in the world, surpassing Russia and Saudi Arabia, groundbreaking diplomatic relations between Israel and multiple Arab countries. Too many achievements to list.
He is a giant failure. Couldn't hit 3% gdp growth even with a trillion dollar deficit. The wage increases are mostly from min wage increases that aren't his policy.

Hey damaged, the first trillion dollar deficit is 2020 and that is due to COVID-19. Now, flagellate yourself!
 
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.
Nope the two vaccines were not developed with US monies..

Vaccines were developed under the Trump Warp Speed program, streamlining FDA approval, providing financial government purchases, and placing military distribution in place.
The two vaccines in use are from German money....Sorry to blurst yer Trump bubble...

Yeah, that's why the Pfizer plant is in Michigan! You really are fucking ignorant!

Pfizer Inc. (/ˈfaɪzər/)[3] is an American multinational pharmaceutical corporation. One of the world's largest pharmaceutical companies, it is ranked 57 on the 2018 Fortune 500 list of the largest United States corporations by total revenue

German? Yeah, right, you fucking libtard!

Do you EVER get anything right or are you mentally retarded?

biontech is a german company developing the vaccine manufactured by pfizer...

these people were already working on a vaccine while imbecile trump was claiming the virus would burn out by may... :)
 

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