Trump's Economic record

[Lee Edwin]

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

Obamacare destroyed the US healthcare system. He promised you can keep your doctor and health plan, and promised insurance premiums would be reduced: All blatant lies.

Obama saved auto companies by exporting jobs to Canada and Mexico?

Iran nuke deal which only postponed their nukes and stupidly allowed self-inspection, in addition to giving the Mullahs $150 Billion+ dollars which funded terrorism.

Paris Climate Accords which permits China and India, two of the biggest polluters, to continue polluting, while suppressing the US economy.

 

[RealDave]

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.

You can make any economy look good when you borrow 1.5 trillion to pump it up.

 

[CowboyTed]

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, 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.

I explained that Trump economy was borrowing heavily to maintain this economy. I showed the figures... How do you keep going borrowing 5.6%+ of GDP a year... Sorry but this was borrowing and pumping the economy. If this was the best economy why did it need to borrow 5.6% of GDP?

By the way Germany was having a surplus of 2% per year over the last few years. Have a unemployment of 1.6% and about half the poverty.... What economy has Germany then?

 

[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.

You can make any economy look good when you borrow 1.5 trillion to pump it up.

Trump made an economy look good by lowering taxes and rolling back regulations.

 

[Wyatt earp]

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, 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.

I explained that Trump economy was borrowing heavily to maintain this economy. I showed the figures... How do you keep going borrowing 5.6%+ of GDP a year... Sorry but this was borrowing and pumping the economy. If this was the best economy why did it need to borrow 5.6% of GDP?

By the way Germany was having a surplus of 2% per year over the last few years. Have a unemployment of 1.6% and about half the poverty.... What economy has Germany then?

Your a dumb ass so QE 1,2,3 didn't happen during the Obama years?

 

[Lee Edwin]

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...

Trump ignored the virus? You mean, like curtailing travel from China and Europe while Dems ignored the virus while fixating on a bogus impeachment? Like, Nancy Pelosi and Bill Deblasio saying the virus wasn’t a threat and urging people to go shopping and eat at restaurants? D’oh!

 

[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

Auto companies bail out was bush Jr

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

It was?
Then why did they ask Obama to bail them out?
Why did EVERY Republican vote to let the auto companies fail if it was Bush Jr?

 

[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.

You can make any economy look good when you borrow 1.5 trillion to pump it up.

Trump made an economy look good by lowering taxes and rolling back regulations.

No speculation and QE4 didn't start till 9/2019

 

[toobfreak]

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

Trump was keeping the fish just ahead of the bear. By saying in March our window was just until after Easter, it made things manageable. Then it was going to be just a little longer, then we were into June. By then, folks were kind of used to the idea, getting comfortable wearing masks more often.

Had Trump told us in March that we'd be shutdown like this for at least another 15 months until the summer of the following year, there would have been panic, suicides and mass revolts and chaos like you can't imagine.

As usual, democrats stated it 180° wrong---- god only knows how many lives he saved by easing us into it. Instead of thanking Trump, they used it to buffalo the clueless idiots of society into thinking he failed.

Government never tells you the truth in any crisis, all one has to do is go back and look at history.

 

[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...

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

he had to say it was bad 6 months later and there was no sorts of chaos...

incompetent leaders try to fool their people and fail miserably at the end...
great leaders are brave straight shooters who are always true to their people...

trump is the biggest failure of modern times as a leader...

 

[CowboyTed]

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

Obamacare destroyed the US healthcare system. He promised you can keep your doctor and health plan, and promised insurance premiums would be reduced: All blatant lies.

Obama saved auto companies by exporting jobs to Canada and Mexico?

Iran nuke deal which only postponed their nukes and stupidly allowed self-inspection, in addition to giving the Mullahs $150 Billion+ dollars which funded terrorism.

Paris Climate Accords which permits China and India, two of the biggest polluters, to continue polluting, while suppressing the US economy.

So you object to other things...

Can you stick on the topic, this is about Trump's economy.... It is in the title...

Why did Trump borrow so much and proclaim the best economy?

 

[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?

It was?
Then why did they ask Obama to bail them out?
Why did EVERY Republican vote to let the auto companies fail if it was Bush Jr?

American airlines went bankrupt, and they are doing fine. Obama copied off of bush Jr with the auto bail outs .


And it wasn't to save the companies it was to save the pension programs

 

[toobfreak]

Sorry but this was borrowing and pumping the economy.

What do you call Obumma's 9 trillion QE1 and QE2?

 

[CowboyTed]

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

Trump was keeping the fish just ahead of the bear. By saying in March our window was just until after Easter, it made things manageable. Then it was going to be just a little longer, then we were into June. By then, folks were kind of used to the idea, getting comfortable wearing masks more often.

Had Trump told us in March that we'd be shutdown like this for at least another 15 months until the summer of the following year, there would have been panic, suicides and mass revolts and chaos like you can't imagine.

As usual, democrats stated it 180° wrong---- god only knows how many lives he saved by easing us into it. Instead of thanking Trump, they used it to buffalo the clueless idiots of society into thinking he failed.

Government never tells you the truth in any crisis, all one has to do is go back and look at history.

We didn't see those things in Europe or other first world countries....

Why are you so Anti-American? Can America not able to handle themselves like other countries?

Maybe Europe must have the right model and social democracy is better for society.

 

[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.

he had to say it was bad 6 months later and there was no sorts of chaos...

incompetent leaders try to fool their people and fail miserably at the end...
great leader are brave straight shooters who are always true to their people...

trump is the biggest failure of modern times as a leader...

Oh please you would poop in your pants if the president told you space aliens existed . They would be chaios everywhere.

 

[Wyatt earp]

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

Trump was keeping the fish just ahead of the bear. By saying in March our window was just until after Easter, it made things manageable. Then it was going to be just a little longer, then we were into June. By then, folks were kind of used to the idea, getting comfortable wearing masks more often.

Had Trump told us in March that we'd be shutdown like this for at least another 15 months until the summer of the following year, there would have been panic, suicides and mass revolts and chaos like you can't imagine.

As usual, democrats stated it 180° wrong---- god only knows how many lives he saved by easing us into it. Instead of thanking Trump, they used it to buffalo the clueless idiots of society into thinking he failed.

Government never tells you the truth in any crisis, all one has to do is go back and look at history.

Great post, you understand

 

[CowboyTed]

Sorry but this was borrowing and pumping the economy.

What do you call Obumma's 9 trillion QE1 and QE2?

Obama never said it was the best economy...

It is clear that he inherited an economy in freefall, there is no serious economist who disagrees with that. US was headlong into a depression. The economy need a stimulus at the time, it was about to go out of control.

Difference Trump states he has the best economy while borrowing almost twice as much as Obama did at the end of his presidency...

Anyway this is about Trump not Obama, Trump said it is the best economy, why is he borrowing 5.6% of GDP (late 2019)?

 

[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...

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

he had to say it was bad 6 months later and there was no sorts of chaos...

incompetent leaders try to fool their people and fail miserably at the end...
great leader are brave straight shooters who are always true to their people...

trump is the biggest failure of modern times as a leader...

Oh please you would poop in your pants if the president told you space aliens existed . They would be chaios everywhere.

if someone is trying to fool you, thats because he thinks you are a fool...

trump thinks the people are bunch of fools...

hence he can never be a true leader to the people...

 

[CowboyTed]

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.

he had to say it was bad 6 months later and there was no sorts of chaos...

incompetent leaders try to fool their people and fail miserably at the end...
great leader are brave straight shooters who are always true to their people...

trump is the biggest failure of modern times as a leader...

Oh please you would poop in your pants if the president told you space aliens existed . They would be chaios everywhere.

Europe could handle the truth... Very Anti-American attitude..

 

[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...

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

he had to say it was bad 6 months later and there was no sorts of chaos...

incompetent leaders try to fool their people and fail miserably at the end...
great leader are brave straight shooters who are always true to their people...

trump is the biggest failure of modern times as a leader...

Oh please you would poop in your pants if the president told you space aliens existed . They would be chaios everywhere.

Europe could handle the truth... Very Anti-American attitude..

not just europeans...

koreans...
taiwanese...
new zelanders...
nigerians...

they were all handling the truth while trump was fooling his people like bunch of kindergartners...