USA Economy 2020

[JimZiegelbauer]

The best economy ever in the US not Joe Biden's BS adds was under POTUS Trump and by 12/01/2020 the unemployment rate, GDP, CPI and jobless will be similar to the per Democrat/CNN supported Cornavirus what challengers will POTUS Trump face domestically though 2024?

 

[JackOfNoTrades]

And...one more for the Conspiracy Theory folder.
Also, a favor to ask. Could you type in complete, coherent sentences?
It just comes off as drunk text.

 

[Mac1958]

Before the virus:

• GDP growth down to 2.1%
• An exploded budget, signed by Trump
• An exploded deficit
• An extended manufacturing recession
• Bond yields crashed by over 50%
• The NY Fed forced to pour $1.5 TRILLION into short term credit markets to save the system

The "best economy ever in the US"? Pure, ignorant talk radio fantasy.

 

[White 6]

The best economy ever in the US not Joe Biden's BS adds was under POTUS Trump and by 12/01/2020 the unemployment rate, GDP, CPI and jobless will be similar to the per Democrat/CNN supported Cornavirus what challengers will POTUS Trump face domestically though 2024?

His biggest challenge will be getting financing and getting Putin to go along with trump Moscow after trump is no longer useful to him, but at least Russia will not extradite.

 

[JimZiegelbauer]

Before the virus:

• GDP growth down to 2.1%
• An exploded budget, signed by Trump
• An exploded deficit
• An extended manufacturing recession
• Bond yields crashed by over 50%
• The NY Fed forced to pour $1.5 TRILLION into short term credit markets to save the system

The "best economy ever in the US"? Pure, ignorant talk radio fantasy.

and what is the problem GDP Growth was none exetintant under Obama and Pervert Joe Biden 458,000 Americas killed in the first year of Obama/Biden care 58 million jobs lost 18,950 small business closed 1 Truillion gollars and now we have no health care in the USA,

 

[Deplorable Yankee]

The best economy ever in the US not Joe Biden's BS adds was under POTUS Trump and by 12/01/2020 the unemployment rate, GDP, CPI and jobless will be similar to the per Democrat/CNN supported Cornavirus what challengers will POTUS Trump face domestically though 2024?

I had tea with your hells angels buddies

The economy is teetering on collapse
A whole shitload of small businesses are now permanently closing
Thiers no hanging on for some in the democrat antifa blm covid era

 

[Zorro!]

Census Bureau: American incomes hit all-time high in 2019

Poverty level lowest ever recorded.

Go Trump. Go!

Median household income reached an all-time high, coming in at $68,700 in 2019. That is a 6.8% increase, from $64,324 in 2018, the largest one-year increase on record. The poverty rate fell to the lowest in recorded history, at 10.5%, a decline of 1.3%. The poverty level fell for the fifth consecutive year.

The specifics that Trump often refers to – the categories of specific demographics tell the tale, too. Real median incomes grew for black Americans (7.9%), Hispanic Americans (7.1%), and Asian Americans (10.6%). Remember when then-candidate Trump asked minority voters, “What the hell do you have to lose?” Any minority voter that took that challenge to heart has been vindicated, certainly economically speaking. Income levels for minorities reached record levels.

There were 2.2 million more people working at some point in 2019 compared with 2018 and 1.2 million more people working full-time year-round. Women workers drove the increase in full-time year-round workers.

On poverty, over 4 million people were lifted out of poverty between 2018 and 2019. Child poverty fell to a near 50-year low, and the poverty rate fell to an all-time low for every race and ethnic group. Declines in minority poverty rates were greater than declines in overall poverty rates – Black (-2.0%), Hispanic (-1.8%), and Asian (-2.8%).

Trump’s policies worked – deregulation and tax cuts produce economic growth and encourage employment.

Trump can do the same for the economy that he did before the pandemic. We are off to a good start in economic recovery.

Pre-pandemic, the unemployment rate was at a near-historic low, at under 4% in February which then went to 15% in April. It has since fallen to below 9% and likely to continue to drop. With the country slowly re-opening and safety measures put into place against further outbreaks of the coronavirus, this progress will likely continue through the end of the year.

The Census Bureau’s numbers are good for President Trump. It is possible for a full pre-pandemic recovery by the end of 2021.

The Philadelphia Federal Reserve published results of a survey of 35 economic forecasters on August 14, 2020. They predicted the US economy would expand at an annual rate of 19.1 percent in the third quarter. This was almost double the prediction of 10.6 percent from the last survey.