gemini104104
Verified User
Even though tRump has the deplorable support among degenerates like him stretching the truth or out right lying at bragging about the soaring tRump economy, appears to be more fiction than reality. For one thing, tRump's phony Tariff fiasco stunt and wreaking havoc on the global economy obviously has not helped the U.S. economy but keeps it at the brink or in a perilous position to which tRump's demagogue lords continue to give him a free pass to be the current global menace and threat. tRump may choose to ignore negative developments but the reality of his horrible influence on society is there, and the fact that tRump is the terrible negative development that lawlessly came on the scene in 2016.
A Weakening Economy May Be the Biggest Threat to Donald Trump
On Friday morning, the Labor Department released its jobs report for May, which showed a sharp slowdown in hiring. Donald Trump was still in Ireland, preparing to fly back to Washington. He didn’t immediately react to the news that employers created only seventy-five thousand jobs last month, which wasn’t surprising. Trump hates acknowledging negative developments that occur on his watch, and he is surely aware that a slump in the economy could prove disastrous for his reëlection campaign.
Despite all the troubles and strife of his first two and a half years in office, he has been able to point to strong economic growth and a very low unemployment rate as reasons why Americans who aren’t enamored of him personally should support him. If that rationale is removed, what does Trump have left? A weakening economy could well be the biggest political threat he faces.
One month of weak jobs data doesn’t translate into a slump, of course. Despite Friday’s report, which also showed a modest fall in wage growth, most economists think that the economy is still in decent shape. When the National Association for Business Economics surveyed more than fifty economic forecasters recently, the average prediction was that the economy would grow by 2.6 per cent this year and 2.1 per cent in 2020. Such an outcome would represent a slowdown from the 2.9 per cent growth recorded in 2018, but a relatively modest slowdown that is unlikely to present very much of a political threat to Trump. (He’d still have to explain why G.D.P. growth hadn’t reached his target of four per cent, of course.)"
https://www.newyorker.com/news/our-...omy-may-be-the-biggest-threat-to-donald-trump
Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans (Be it likely the average savings of the 1%ers, considering tRump Jack the Ripper tax cuts only benefited his rich cronies, while giving the working and middle class the shaft).
https://www.bloomberg.com/news/arti...fs-have-wiped-out-most-families-tax-cut-gains
A Weakening Economy May Be the Biggest Threat to Donald Trump
On Friday morning, the Labor Department released its jobs report for May, which showed a sharp slowdown in hiring. Donald Trump was still in Ireland, preparing to fly back to Washington. He didn’t immediately react to the news that employers created only seventy-five thousand jobs last month, which wasn’t surprising. Trump hates acknowledging negative developments that occur on his watch, and he is surely aware that a slump in the economy could prove disastrous for his reëlection campaign.
Despite all the troubles and strife of his first two and a half years in office, he has been able to point to strong economic growth and a very low unemployment rate as reasons why Americans who aren’t enamored of him personally should support him. If that rationale is removed, what does Trump have left? A weakening economy could well be the biggest political threat he faces.
One month of weak jobs data doesn’t translate into a slump, of course. Despite Friday’s report, which also showed a modest fall in wage growth, most economists think that the economy is still in decent shape. When the National Association for Business Economics surveyed more than fifty economic forecasters recently, the average prediction was that the economy would grow by 2.6 per cent this year and 2.1 per cent in 2020. Such an outcome would represent a slowdown from the 2.9 per cent growth recorded in 2018, but a relatively modest slowdown that is unlikely to present very much of a political threat to Trump. (He’d still have to explain why G.D.P. growth hadn’t reached his target of four per cent, of course.)"
https://www.newyorker.com/news/our-...omy-may-be-the-biggest-threat-to-donald-trump
Trump’s Tariffs Have Already Wiped Out Tax Bill Savings for Average Americans (Be it likely the average savings of the 1%ers, considering tRump Jack the Ripper tax cuts only benefited his rich cronies, while giving the working and middle class the shaft).
https://www.bloomberg.com/news/arti...fs-have-wiped-out-most-families-tax-cut-gains
