Trump: Worst economic record since WW2

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Old Man Whirly!
https://www.cnn.com/2020/12/13/politics/trump-economy-record/index.html

President Donald Trump still can't accept the numbers measuring his loss to Joe Biden: more than 7 million popular votes and 74 electoral votes.

But another set of numbers adds insult to his psychological injury. They show that -- notwithstanding lies as promiscuous as the ones he tells about election fraud -- Trump will leave office in January with a historically bad record on the economy.
That sounds discordant since many Americans believe the economic fable that Trump has repeated relentlessly throughout his term. But placing his bottom-line results alongside those of his predecessors paints a deeply unflattering portrait.
Alone among the 13 presidents since World War Two, Trump will exit the White House with fewer Americans employed than when he started. He will have overseen punier growth in economic output than any of the previous 12 presidents.
His throwback "America First" agenda has failed to restore the old economic engine that powered an earlier era's prosperity. On Trump's watch, industrial production has fallen. The Federal Reserve says the manufacturing sector fell into recession in 2019 even before the coronavirus pandemic hit.
Last week was the 38th in a row in which at least 700,000 Americans filed first-time claims for unemployment benefits.


Trump's pre-pandemic record
Trump's record offered little legitimate grounds for boasting before the pandemic. The persistent growth in output and decline in the unemployment rate during his first three years extended trends in the recovery from the Great Recession that he inherited from President Barack Obama.
Growth accelerated in early 2018 following Trump's sole major legislative achievement, the tax cuts he and Congressional Republicans enacted. But that didn't last long with the economy already near full employment, and the budget deficit swelled. A temporary surge in investment resulted mainly from higher energy prices.
"It provided no long-term benefit," Zandi says.
The counter-productive tariff wars Trump initiated quickly offset any short-term benefit from the tax-cuts and the administration's deregulation push. That's why Trump, to avoid further damaging the economy in his re-election year, called a truce with China in January without obtaining the structural reforms he had demanded from Beijing. Trump earlier threw away leverage by abandoning the Trans-Pacific Partnership with allies that the Obama administration had negotiated.
Among Trump's "very serious policy mistakes," Zandi said, were his attacks on international and domestic institutions. They include "actively trying to undermine" the Fed's independence.

BrolyBlack
Another butthurt thread from the village idiot

Old Man Whirly!
Originally posted by BrolyBlack
Another butthurt thread from the village idiot Broly, are you just going to derail threads with personal abuse Broly?

cdtm
The numbers don't lie. Couldn't be worse if there was a world wide pandemic.

Old Man Whirly!
Originally posted by cdtm
The numbers don't lie. Couldn't be worse if there was a world wide pandemic.

rump's pre-pandemic record
Trump's record offered little legitimate grounds for boasting before the pandemic. The persistent growth in output and decline in the unemployment rate during his first three years extended trends in the recovery from the Great Recession that he inherited from President Barack Obama.
Growth accelerated in early 2018 following Trump's sole major legislative achievement, the tax cuts he and Congressional Republicans enacted. But that didn't last long with the economy already near full employment, and the budget deficit swelled. A temporary surge in investment resulted mainly from higher energy prices.
"It provided no long-term benefit," Zandi says.
The counter-productive tariff wars Trump initiated quickly offset any short-term benefit from the tax-cuts and the administration's deregulation push. That's why Trump, to avoid further damaging the economy in his re-election year, called a truce with China in January without obtaining the structural reforms he had demanded from Beijing. Trump earlier threw away leverage by abandoning the Trans-Pacific Partnership with allies that the Obama administration had negotiated.
Among Trump's "very serious policy mistakes," Zandi said, were his attacks on international and domestic institutions. They include "actively trying to undermine" the Fed's independence.

BruceSkywalker
all that bastard did was ruin things

Old Man Whirly!
Originally posted by BruceSkywalker
all that bastard did was ruin things Yup, worldwide... His inability to lead has been a disaster.

BruceSkywalker
Originally posted by Old Man Whirly!
Yup, worldwide... His inability to lead has been a disaster.


yes definitely

Flyattractor
So Much Butt Hurt from Tight Little Lefty Anus.

SO Sad.

Old Man Whirly!
Originally posted by Flyattractor
So Much Butt Hurt from Tight Little Lefty Anus.

SO Sad. So you wish to derail the thread because you don't like the real facts.

BrolyBlack
Butthurt thread from a butthurt poster ^

Flyattractor
Originally posted by Old Man Whirly!
So you wish to derail the thread because you don't like the real facts.

When the Thread actually has some
Real FACTS

I will put the choo choo back on the rails

smile

Old Man Whirly!
Originally posted by Flyattractor
When the Thread actually has some
Real FACTS

I will put the choo choo back on the rails

smile I am going to politely request you do not derail any threads and address the topics therein.

Flyattractor
Only reason for the "Bad Economy" is because of the business and the Lefty Gov that played along and pushed the "We Gotta Hide from the Sniffle Monster" for the past 9 months or so.

Giving into Fear caused this. NOT TRUMP!

BrolyBlack
Another copy paste skin job from a butthurt op

Old Man Whirly!
Originally posted by Flyattractor
Only reason for the "Bad Economy" is because of the business and the Lefty Gov that played along and pushed the "We Gotta Hide from the Sniffle Monster" for the past 9 months or so.

Giving into Fear caused this. NOT TRUMP! Trump's record offered little legitimate grounds for boasting before the pandemic. The persistent growth in output and decline in the unemployment rate during his first three years extended trends in the recovery from the Great Recession that he inherited from President Barack Obama.
Growth accelerated in early 2018 following Trump's sole major legislative achievement, the tax cuts he and Congressional Republicans enacted. But that didn't last long with the economy already near full employment, and the budget deficit swelled. A temporary surge in investment resulted mainly from higher energy prices.
"It provided no long-term benefit," Zandi says.
The counter-productive tariff wars Trump initiated quickly offset any short-term benefit from the tax-cuts and the administration's deregulation push. That's why Trump, to avoid further damaging the economy in his re-election year, called a truce with China in January without obtaining the structural reforms he had demanded from Beijing. Trump earlier threw away leverage by abandoning the Trans-Pacific Partnership with allies that the Obama administration had negotiated.
Among Trump's "very serious policy mistakes," Zandi said, were his attacks on international and domestic institutions. They include "actively trying to undermine" the Fed's independence.

Flyattractor
And why should i put any value to what this Zandi says?

Old Man Whirly!
Originally posted by Flyattractor
And why should i put any value to what this Zandi says? Facts and all that...

Flyattractor
Can you prove that "Zandi" not being a Biased Political Deceiver?

Cause if you can prove THAT....

Old Man Whirly!
Originally posted by Flyattractor
Can you prove that "Zandi" not being a Biased Political Deceiver?

Cause if you can prove THAT.... He was an advisor to John McCain.

BrolyBlack
Originally posted by Old Man Whirly!
Im unemployed and home alone, hence butthurt

I agree

Old Man Whirly!
Originally posted by BrolyBlack
I agree I would suggest as these thread discussion points are obviously affecting you, you with draw from them.

Adam_PoE
Originally posted by Flyattractor
When the Thread actually has some
Real FACTS

I will put the choo choo back on the rails

smile

https://media1.tenor.com/images/8c79fb6a45ef60ba2081accbe704f19c/tenor.gif

Flyattractor
Originally posted by Adam_PoE
https://media1.tenor.com/images/8c79fb6a45ef60ba2081accbe704f19c/tenor.gif

Ok, that is funny.

BrolyBlack
Originally posted by Old Man Whirly!
I would suggest as these thread discussion points are obviously affecting you, you with draw from them.

That doesnt explain your butthurt.

Robtard
Originally posted by Old Man Whirly!
https://www.cnn.com/2020/12/13/politics/trump-economy-record/index.html

President Donald Trump still can't accept the numbers measuring his loss to Joe Biden: more than 7 million popular votes and 74 electoral votes.

But another set of numbers adds insult to his psychological injury. They show that -- notwithstanding lies as promiscuous as the ones he tells about election fraud -- Trump will leave office in January with a historically bad record on the economy.
That sounds discordant since many Americans believe the economic fable that Trump has repeated relentlessly throughout his term. But placing his bottom-line results alongside those of his predecessors paints a deeply unflattering portrait.
Alone among the 13 presidents since World War Two, Trump will exit the White House with fewer Americans employed than when he started. He will have overseen punier growth in economic output than any of the previous 12 presidents.
His throwback "America First" agenda has failed to restore the old economic engine that powered an earlier era's prosperity. On Trump's watch, industrial production has fallen. The Federal Reserve says the manufacturing sector fell into recession in 2019 even before the coronavirus pandemic hit.
Last week was the 38th in a row in which at least 700,000 Americans filed first-time claims for unemployment benefits.


Trump's pre-pandemic record
Trump's record offered little legitimate grounds for boasting before the pandemic. The persistent growth in output and decline in the unemployment rate during his first three years extended trends in the recovery from the Great Recession that he inherited from President Barack Obama.
Growth accelerated in early 2018 following Trump's sole major legislative achievement, the tax cuts he and Congressional Republicans enacted. But that didn't last long with the economy already near full employment, and the budget deficit swelled. A temporary surge in investment resulted mainly from higher energy prices.
"It provided no long-term benefit," Zandi says.
The counter-productive tariff wars Trump initiated quickly offset any short-term benefit from the tax-cuts and the administration's deregulation push. That's why Trump, to avoid further damaging the economy in his re-election year, called a truce with China in January without obtaining the structural reforms he had demanded from Beijing. Trump earlier threw away leverage by abandoning the Trans-Pacific Partnership with allies that the Obama administration had negotiated.
Among Trump's "very serious policy mistakes," Zandi said, were his attacks on international and domestic institutions. They include "actively trying to undermine" the Fed's independence.

"Alone among the 13 presidents since World War Two, Trump will exit the White House with fewer Americans employed than when he started. He will have overseen punier growth in economic output than any of the previous 12 presidents." -snip

Trump, his presidency and most of his policies will go down as disasters. This is the legacy of Trumpers; this is what they voted for not once, but twice.

BrolyBlack
Shut up already

wxyz
laughing

Lestov16
Originally posted by Lestov16
I'm pretty sure EVERY THREAD MADE IN THE PAST 2 MONTHS should just be assimilated into this one. That way it will be easier for me to watch you all EAT SHIT-COVERED CROW :tomcatbetagiljotiinichairjerryyeslaughing hystericalHappy Dancedance


-from this thread
https://www.killermovies.com/forums/showthread.php?threadid=670364&pagenumber=11#post17369273

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