Bring Back Trumponomics, Trickle-down Economics & Supply Side Economics

The reopening of the economy caused the huge job increase. Jobs actually created (eg., new) amount to less than half-a-million. The 3.5% unemployment is mostly due to people having elected not to work, and that can be seen in the record low labor utilization (or employment) rate. Middle class income on the whole has fallen. The increase in wages is far less than the rate of inflation meaning people actually have less income.

Biden is presiding over the worst economy in over half a century. It is one of the major reasons he polls terribly on that issue.

President touts ‘Bidenomics’ though new poll shows just 34% approve his handling of the economy
https://apnews.com/article/biden-poll-economy-survey-jobs-inflation-b3c77cb208f96f9b039cf48cbc4fb67b

https://www.npr.org/2023/03/29/1166...ransgender-rights-republicans-democrats-biden

CNN Poll: Americans’ views of the economy have improved but overwhelming majority still say it’s in poor shape
https://www.cnn.com/2023/04/07/politics/cnn-poll-us-economy-biden/index.html

When it comes to the economy Biden is now polling worse than Jimmy Carter, and that's hard to do. His poll numbers are putting him in Herbert Hoover territory...

And Biden didn't even reopen the economy. Republicans did. Biden fought against it all the way.
 
We were talking about the Trump tax cut and I was talking about Trump's presidency. The economy was very good until the pandemic and then he left office with fewer jobs than when he started.
This is correct. The fear mongering by DEMOCRATS over 'the pandemic' started the current economic depression.
He also spend far too much on stimulus, PPP, and other spending.
No. DEMOCRATS did. Trump has no authority to spend money. Only the House does.
My main point was simply that any government program trying to get money to lower income will be trickle down from those who pay the taxes.
Taxes or the lack of taxes is not the economy.
 
And it does not grow the economy. Give the basics to the small people and they will grow the economy. They work, start businesses and pay taxes. They need a lot of things and they buy them. The overall economy grows. It also makes money for the ownership class.

Which is what happened under Trump.
 
And…. The labor force participation rate is not at an all time low. More bullshit from the JPP nazi. It has risen steadily throughout the Biden administration.
Blatant lie.
Blatant lie. Manufactured numbers mean nothing.
As for his other bullshit claim of only half a million new jobs, there are actually over two million jobs more than ore pandemic levels.
Despite Biden and the DEMOCRATS, which CAUSED the current economic depression.
He gets everything wrong. We reached ore pandemic levels in August if 2022.
Blatant lie.

Destroying businesses is NOT economic improvement.
 
How would you know? Oh, that's right, you know everything. But, why must you care when it wasn't you who i quoted?

I don’t care. It’s a message board dimwit. Do you have anything of substance to say on topic, hot rod? Didn’t think so. My masters is economics. Do you know what a masters is hot rod? It’s school and stuff. You know, where you learn things. You should try it. Maybe you have one in trolling?
 
I don’t care. It’s a message board dimwit. Do you have anything of substance to say on topic, hot rod? Didn’t think so. My masters is economics. Do you know what a masters is hot rod? It’s school and stuff. You know, where you learn things. You should try it. Maybe you have one in trolling?
You drive for Uber Eats you don't have a Masters. :laugh:
 
I don’t care. It’s a message board dimwit. Do you have anything of substance to say on topic, hot rod? Didn’t think so. My masters is economics. Do you know what a masters is hot rod? It’s school and stuff. You know, where you learn things. You should try it. Maybe you have one in trolling?

I don't give a fuck what you have. I quoted an asshole, then you appeared. Coincidence?
 
1688149738643-png.1317614
 
Back
Top