Once again, Trump is being handed a good and growing economy on a silver platter

Well Economists are saying if Trump puts his tariffs in place it will cause inflation and may put us into a deep recession / depression.
and you know for sure the MAGA will cry like babies , they did with Biden inflation and that was what 9% wait for 20.30.40% increases , those increases will make the Biden inflation look like pennies.

I'm hoping that there are enough sane Republicans in the Senate who also have enough of a spine, to stand up to trump and make it as difficult as possible to get some of his more extremist and destructive ideas passed.
 
That's why Americans threw your ass out because the economy is "good and growing".LMFAO. Its impossible to make up how stupid you people are.

STFU you ignorant hillbilly jackass. Go climb back in bed with your fat, smelly, tattoo covered crack whore sisterwife.
 
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If people want an example of why some working class voters didn't buy the Democratic message it's on display ITT. It's perfectly understandable that retired people, for whom their home value is increasing as well as their stock portfolio, think everything is just rosy. But for those working for whom inflation outpaces their wage gains, home ownership seems further away and the overall price of living keeps increasing they may share a slightly different view.

And referring to that latter group as ignorant or low information types for feeling less than thrilled generally doesn't win them over to your side.
 

How Is the Economy Doing?​

The current economy is defined by strong economic growth, a softening labor market and slowing inflation.

The state of the U.S. economy is strong despite inflation remaining elevated. The economy is expanding at a crisp pace, the labor market is loosening slightly and inflation is slowing from its peak. The Federal Reserve looks at several economic indicators — along with the stock market — to form a better picture of the economy and make decisions on interest rates.

Is the U.S. economy growing?
Q3 2024 Real GDP: 2.8%

What is the U.S. unemployment rate?
October unemployment rate: 4.1%

How fast are wages growing?
Wage growth rate: 4.6%

Is inflation going down?
October CPI Inflation rate: 2.6


Nerdwallet is your source of good news? No wonder you're so poorly informed and ignorant. :laugh:

Inflation: Inflation has been far worse during the Biden administration, up 20.1% over the first 45 months of Biden’s term compared to 7.1% during Trump’s first 45 months, according to the government’s consumer price index. That equates to annualized inflation rates of 5.4% under Biden and 1.9% under Trump. Year-over-year inflation peaked under Biden at a four-decade high of 9% in 2022 before falling to just over 3%—which Biden has blamed on COVID-19’s lingering impact and the Russia-Ukraine war, supported at least in part by the global nature of the inflation outbreak.

Consumer health: Consumer sentiment was lower last month than it ever was under Trump, according to the University of Michigan’s widely tracked survey, as Americans continue to feel the aftershocks of inflation despite strong headline economic growth numbers and a record stock market. September’s 4.6% personal savings rate, which measures the percentage of Americans’ income left over after expenses and taxes, was two-thirds of September 2019’s 7%. The savings rate never fell below 5% under Trump.

Gas prices: The average cost of a gallon of gasoline dipped from $2.37 to $2.28 from Dec. 2016 to 2020, rising to $3.10 by Monday, according to the Energy Information Administration—but gas prices rose to an all-time high of over $5 per gallon in 2022 shortly after Russia’s invasion of Ukraine caused energy prices globally to spike, as the U.S. and its allies vowed to not buy oil from Russia, the world’s third-largest oil producer.

Federal debt: The federal government’s national debt of $35.8 trillion is 29% higher than the day Biden took office, after rising 39% during Trump’s presidency, up from $19.95 trillion in Jan. 2017—with the U.S. running a total deficit of $5.85 trillion from its 2021 to 2023 fiscal years, compared to $2.43 trillion from 2017 to 2019 and a record $3.13 trillion in 2020 alone.

The October jobs report released Friday was far worse than expected, with the 12,000 jobs added making it the worst month for job growth since Dec. 2020.
 
Well a lot of economist have come out and said IF Trump puts his tariffs in place it will crash our economy and very well could cause a deep recession / depression.
The morons on the right believe Trump when he says the exporting countries will pay the tariffs and all they will do is raise their prices and the American consumer will be the one paying them.
And those countries like Chins will put tariffs on our goods , like Tar sand oil that they use to make plastics and sell back to us.
And with 20, 30 40% or higher tariffs the prices on everything we buy will go up and up.
And when and IF he does put tariffs on the MAGA will try to blame somebody else and cry like babies .
Biden's inflation will look like pennies compared to Trumps tariffs.
Trump is just asking for a trade war we will lose.
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stfu.gif
 
I'm hoping that there are enough sane Republicans in the Senate who also have enough of a spine, to stand up to trump and make it as difficult as possible to get some of his more extremist and destructive ideas passed.
I hope there are enough sane Republicans in the Senate too because there isn't a sane Democrat anywhere in America
 
I have my doubts that many/most of his more extreme "policy" ideas will see the light of day.

My guess is that he knows that saying outrageous shit and making false promises are what pulls in the idiot vote, which gets him elected, after which he works mostly on enriching himself and increasing the value of the trump brand name by whatever means necessary, legal, borderline legal or flat out illegal.

My hope is that he doesn't last four years.
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stfu.gif
 
That is complete and utter bullshit. Agreed upon with you of course by other ignorant uneducated democrats.

https://thehill.com/opinion/finance...-republican-president-better-for-the-economy/

It’s the economy, stupid!


"With presidential elections looming, the question is, who has been historically better for the economy — Republicans or Democrats? For that answer, let’s take a look at Gross Domestic Product and inflation. We’ll use government data going back to 1969, when Richard Nixon took office.


Under the eight years of the Nixon/Ford administration, the economy grew by 100 percent with an average inflation rate of 6.3 percent. Under Ronald Reagan and George H.W. Bush’s three terms, GDP rose 115 percent, with inflation at an average of 4.3 percent. George W. Bush’s eight years saw a 38 percent increase in GDP, with an average 2.7 percent inflation rate. Donald Trump’s four years as president saw GDP increasing 17 percent and inflation averaging 1.9 percent.


How did the Democrats do?


The economy grew 57 percent under Jimmy Carter, with an 8.9 percent average inflation rate. Under Bill Clinton’s eight years, the economy grew 56 percent and inflation was 2.6 percent on average. Barack Obama’s administration saw an economic increase of 34 percent with an average of just 1.4 percent during his two terms. In three years, President Biden has overseen economic growth of 25 percent with inflation on average at 5.6 percent.


Here are the takeaways: In the 32 years that Republican presidents have held office since 1969, the average economic growth was 8.4 percent and average inflation was 4.75 percent. Under the 23 years of Democratic administrations, the economy grew on average 7.5 percent and inflation averaged 8 percent. "


So a Republican president is better for the economy, right?


Maybe. Maybe not so much. A good economist can easily argue that there is more to these numbers.


For example, the GDP numbers that I’m using above are in real dollars and don’t reflect inflation, which factored significantly during some of these periods. This is why I’m also taking inflation into consideration separately, rather than baking it in, so we keep things apples-to-apples.


There’s no argument that the huge GDP growth we saw in the 1970s and 1980s had a lot to do with inflation, both under Republican and Democratic administrations. But even during the Reagan/Bush growth period at 115 percent, GDP was at 26.7 times inflation, which was still better than Clinton’s 21.5.


Many argue, rightfully, that an administration’s policies can only affect so much in such a giant economy. Industry trends, technologies, banking crises, dot-com boom/busts, scientific discoveries, foreign trade, emerging markets, population movements and other demographic factors have more of an impact on a country’s economy than rules and regulations coming from Washington.
Let's not forget the pertinent fact that for MOST Republican Presidencies, Democrats controlled the House and the Senate.

It's hard for a Republican President to put his agenda forward when you have Democratic halfwits doing everything they can to sabotage any progress.
 
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