The Trump Economy

[bobabode]

Originally Posted by Dondilion

If the Biden economy was such a roaring success then majority of the people would have sensed it.

No real offense intended Dondi but are your shitting me?
C'mon, man.

[Dondilion]

Originally Posted by bobabode

C'mon, man.

C'mon, man.
Now you sounding like Biden.

Anyhow, the Biden economy has a huge affordability issue and consequently a huge debt issue. Debt is pervasive. Credit card is now a whopping $1.17 trillion...a record. The consumer being maxed out has turned to Buy Now Pay Later. And this BNPL is now being applied to grocery!
Now what about National Debt?

But, but, but the Biden economy is doing better than others in nominal terms.
Well it has the reserve currency which gives it room to mask/mitigate the effects of its huge money printing machine. Plus Biden's admin is telling a number of important economies what they can and cannot trade.

[Human]

Originally Posted by Dondilion

C'mon, man.
Now you sounding like Biden.

Anyhow, the Biden economy has a huge affordability issue and consequently a huge debt issue. Debt is pervasive. Credit card is now a whopping $1.17 trillion...a record. The consumer being maxed out has turned to Buy Now Pay Later. And this BNPL is now being applied to grocery!
Now what about National Debt?

Ok, sure.

Now tell me how anything Trump has proposed is going to address these issues.

[Dondilion]

Originally Posted by Human

Ok, sure.

Now tell me how anything Trump has proposed is going to address these issues.

Unfortunately not much...just bluster and noise.

[Human]

Unfortunately I think that's the best case scenario.

I just don't see how putting a bunch rich guys in charge is going to do anything but make things worse for the average person.

I hope I'm wrong.

[Rajoo]

Originally Posted by Dondilion

C'mon, man.
Now you sounding like Biden.

Anyhow, the Biden economy has a huge affordability issue and consequently a huge debt issue. Debt is pervasive. Credit card is now a whopping $1.17 trillion...a record. The consumer being maxed out has turned to Buy Now Pay Later. And this BNPL is now being applied to grocery!
Now what about National Debt?

But, but, but the Biden economy is doing better than others in nominal terms.
Well it has the reserve currency which gives it room to mask/mitigate the effects of its huge money printing machine. Plus Biden's admin is telling a number of important economies what they can and cannot trade.

Do you even realize that the First Trump era contributed to about 25% of our current national debt. And if you say Covid, Trump gets a pass while Biden does not?

Originally Posted by Dondilion

Unfortunately not much...just bluster and noise.

Yet Trump is good, Biden is bad because when it really comes down to it, can any president impact the economy significantly since the purse strings are controlled by the congress? They can do a few trade deals and hope for the best or levy tariffs which mostly backfire. But they always get the credit or the blame.

[Dondilion]

Originally Posted by Rajoo

Do you even realize that the First Trump era contributed to about 25% of our current national debt. And if you say Covid, Trump gets a pass while Biden does not?



Yet Trump is good, Biden is bad because when it really comes down to it, can any president impact the economy significantly since the purse strings are controlled by the congress? They can do a few trade deals and hope for the best or levy tariffs which mostly backfire. But they always get the credit or the blame.

In modern times.
Two presidents who impacted the economy significantly: FDR and Reagan.

Bill Clinton with his triangulation and globalization push ironically helped Reagan's agenda.

Surprisingly Trumps has been very consistent with his arguments from the time when Japan had heft. However as usual he is heavily influenced by showmanship.

Every now and then there arise a politician who has enough influence and presence to enact important legislations.

Kennedy was promising, Johnson was phenomenal for a limited time.

Biden admin got crushed by the affordability issue and unsympathetic attitude to the complaint of many...Why the f**k are you complaining, don't you know this is the best economy there is?

[bobabode]

Originally Posted by Dondilion

C'mon, man.
Now you sounding like Biden.

Anyhow, the Biden economy has a huge affordability issue and consequently a huge debt issue. Debt is pervasive. Credit card is now a whopping $1.17 trillion...a record. The consumer being maxed out has turned to Buy Now Pay Later. And this BNPL is now being applied to grocery!
Now what about National Debt?

But, but, but the Biden economy is doing better than others in nominal terms.
Well it has the reserve currency which gives it room to mask/mitigate the effects of its huge money printing machine. Plus Biden's admin is telling a number of important economies what they can and cannot trade.

Thanks for the compliment.

[Noogies]

Originally Posted by Dondilion

In modern times.
Two presidents who impacted the economy significantly: FDR and Reagan.

Bill Clinton with his triangulation and globalization push ironically helped Reagan's agenda.

Every now and then there arise a politician who has enough influence and presence to enact important legislations.

Kennedy was promising, Johnson was phenomenal for a limited time.

Biden admin got crushed by the affordability issue and unsympathetic attitude to the complaint of many...Why the f**k are you complaining, don't you know this is the best economy there is?

This is not wrong.

[Chicks]

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
https://finance.yahoo.com/news/trump...120023064.html

He's already destroying Biden's great economy, which he lied about to get elected. This will get MUCH worse from here on in. Buckle up! MAGAMorons, you will get the disaster you voted for - good luck.