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.
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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?
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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....
Strongest Economy In Decades
Lowest Unemployment Rate In Decades
Lowest Black Unemployment Rate In US History
Lowest Latino Unemployment Rate In US History
Lowest Asian Unemployment Rate In US History
Lowest Women Unemployment Rate In US History
Lowest Young Adult Unemployment Rate In US History
Brought Back American Manufacturing Jobs
-- How can you lying F*ers give Obama ANY credit for Trump's economic success when Barrry - who set the record for most number of (job-destroying) regulations in US history - GAVE UP on trying to bring back American jobs from overseas, declaring it was 'IMPOSSIBLE' to do and declaring that being without those jobs was 'the New Norm'?!
MORE Jobs
MORE opportunity to rise up in jobs
HIGHER wages - without a mandated Minimum Wage'
RAISES
BONUSES
MILLIONS of Americans were able to escape the Democrats policies of 'economic slavery' and flee from the Democrats' 'plantation' - off of welfare, off of food stamps, off of Unemployment....
Again, the successes and achievements of President Trump were the greatest in DECADES, some the greatest EVER in US history.
The Democrats have used the same playbook - the policies of economic slavery - for 100 years of more in regards to minorities. The old saying 'The definition of 'insanity' is doing the same thing over and over again and expecting different results' describes Blacks' actions - remaining faithful to their 'massah' Democrats despite 100+ years of the same ol' promises and the same ol' results. The Democrats did not know of any other way...which would always end up with the same results they wanted.
Trump, a business man, brought new ways of thinking, business skills, negotiating skills and made changes that resulted in all the success mentioned above and more. He negotiated better deals for the US, talked manufacturers to ibring back jobs - what Barry called 'Impossible' to do, negotiated Peace Deals almost everyone said we would never see in our lifetime....
And Democrats and snowflakes like you can't acknowledge all those successes because of all the pent-up irrational hatred for the man.
The very same mentally unstable people who CRIED and literally ran out into the streets and screamed at the sky are now trying to rewrite history and tell everyone else what 'really happened'.
Snowflakes may need someone to tell them what they saw wasn't real and instead what to think....Sorry , I don't need liars, traitors, and snowflakes telling me what 'really happened' when we all lived through it and saw for ourselves. I don't need liars, traitors, and sheep peeing on my leg and telling me its raining.