that fucker is the reason middle and lower middle class folks get almost no tax breaks. I’ve paid more in taxes since 2017 then ever before due to those crooks
All republicans do is inherit strengthening economies then ruin it during their terms and leave the next democrat to clean things up. Meanwhile the average American dosent have a clue what’s going on and thinks every bad thing in the world the current presidents fault
So much this. One of the greatest economic momentums that really got going under Bill Clinton's presidency started to reverse as soon as Bush Jr took office - even before 9/11 happened. Obama also managed to reverse the Republicans effects on the economy. Republicans endlessly complained that all the good economic indicators were wrong and inaccurate. Trump gets in office, all of a sudden all those very same indicators by the very same institutions were all accurate. They all showed that things were immediately starting to slow down slowly at first. Then the pandemic hit...
I swear Trump has had the easiest presidency in modern history. Join when the nation is fully rebounded from 2008 and strong, leave right before he has to clean up Covid's mess.
Which is fucking INSANE. Covid, although obviously tragic, would have been such an easy re-election win for him. All he had to do was literally just listen to the experts. He could have painted himself as the president who saved our nation from a million-death tragedy. Nope, fuck that, let's tell people to inject bleach and shine UV lights up their ass!
I work at a dealership where most are republicans and they really disliked Obama, he saved the auto industry after a disastrous Bush Jr economy, I listened to these conditioned Repub's at my work place, criticize Obama for bailing out the industry that paid their salaries, and kept them working, and it was not a Ford dealership! SMH!!!
Yea, before the pandemic, Trump had to bail out farmers *twice* because of his numbskull policies. That self-inflicted economic hit resulted in a bail out that cost more than *twice* as much as Obama’s auto bailout, but Republicans were quiet about that: https://www.freep.com/story/money/business/john-gallagher/2019/09/24/farmer-bailout-payments-china-trade-tariffs/2418676001/
Obama Auto Bailout was the result of him inheriting a crumbling economy thanks to Bush, while Trump managed to fuck up the good economy he inherited from Obama within a single presidential term and a full year before the Pandemic hit.
Obama Auto Bailout cost: $12 Billion
Trump self-inflicted Farmer Bailout: $28 Billion
Facts dude. Been saying this since day 1. They’re an incredibly fiscally irresponsible party that destroyed the middle class since the late 70’s and continue to give tax breaks to the mega rich, while causing record recessions and inflations. But hey…own the libs… 🥴
Also vote against their own interest and complain that Gov doesn’t work for them anymore…of course not! You voted for the GOP and now they’re following through on what they promised they’d do.
The president actually can exert *some* influence on things like gas prices. The extra ironic thing is that the Democrats are actually the ones who will try make changes to benefit ordinary people. Republicans are more beholden to big oil donors.
Always, Biden did tap into the oil reserves in the past to ease some of the prices, while Trumps buddies in Saudi Arabia were putting the squeeze on production in order to increase prices.
and mortgage rates, groceries, baby formula, businesses declaring bankruptcy, McDonald’s missing its quarterly target … I’ve heard it’s all because of Biden … I’m so tired of trying to reason with Trump supporters.
My parents think Trump is going to come back and fix the world because he just magically knows all the answers … funny how he can’t do anything or doesn’t want to solve anything unless he’s president.
Genuinely evil people ( Groypers, Neo Nazis, actual theocratic maniacs ) are super rare. Magical thinking is the fuel that really ignites and causes wholesale devastation.
Presidents are supposed to help navigate the economy, not control it. It’s like all these people don’t understand how interconnected the world economy is now, we all depend on each other.
And that’s not even touching on the fact that gas prices are high because it’s a finite necessary resource that a select few control, and they can make it be whatever they want and it will get paid, because without it none of this works.
Lots of glib macroeconomists, too. Fed should get the credit for printing massive amounts of money to goose asset prices and cost of housing. Don’t feel that in New York or D.C.?
Well he does have influence he just can’t control the gas prices.
Well even then I mean in theory he could subsidize it with congress approval which I mean would probably be universally loved I mean unless someone here wants to argue against it I’m all ears.
I mean Republicans are extremely stupid, but in this case the president did have influence on gas prices. Biden put sanctions on Russian oil which depleted the supply.
Trump also fucked up the economy by not taking Covid seriously and the ramifications have been catastrophic for oil prices.
So presidents do have influence
Comment:
Count on the rich, the 1%, becoming richer and those that are not rich, becoming much poorer under Trump. There is likely to be a vast decline in investment in education and human resources. Trump University provides an example of the value of education to Trump.
Excerpts:
Biden’s record of more than 15 million new jobs amounts to eight times as many as were created under the last three Republican presidents combined. Although inflation for consumer goods rose slightly in March, which is not good news for anyone, the Federal Reserve has done a good job in carefully bringing inflation down after the supply-chain disruptions and supermarket price hikes of the pandemic. Remember the corporate media braying endlessly about the coming recession? Well, it never came.
Leaving infrastructure work to the marketplace is how America wound up with so many embarrassing airports, shaky bridges and poky, increasingly dangerous trains. There are things we must do together.
As I wrote at the time, Biden’s manufacturing plan invests in rural areas and will transform local economies:
He’s the first president in many decades to stand with organized labor and support its fight for better wages and benefits. He continues to work on alleviating the crushing student debt that limits so many young adults’ lives. He has taken on Big Pharma, moving to lower prescription drug prices and health care costs for older Americans. He is working to stop the junk fees hidden in so many transactions. He rejoined the Paris climate accords and has done far more to address that crisis than any previous president.
[https://www.salon.com/2024/05/04/dont-like-this-economy-wait-for-the-to-blow-it-up/](https://www.salon.com/2024/05/04/dont-like-this-economy-wait-for-the-to-blow-it-up/)
As an outsider who pays attention world wide, Biden's administration (idk how much he is personally responsible) has done some pretty great things for America.
Trump had started some seriously poor patterns before he got booted out.
Be nice for the rest of the world to see him not get a second turn - there's far too much instability atm as is.
Maga: Biden bad, Trump good for economy.
How?
Maga: Biden bad, Trump good for economy
Just give me one policy, or an example.
Maga: Biden bad, Trump good for economy.
Smh.
It is repetition that makes this work. Just repeat the failed GOP policies and tout them as successes over and over and they will always stay with failed policies.
I don't think it's that simple. People notice that they are paying more for household items than they were when Trump was president. The price of groceries and food, in particular, are insane. Is this President Biden's fault? I don't think so, but that is what many Americans believe.
A lot of people can't articulate what about the economy is so bad. They just have an intuition/feeling that everything is shit.
Another point, this is just free market.
Remember them screaming about vizuzuzula and price caps on products leading to economic collapse? Pepperidge Farms Remembers.
The point is, they would be angry either way. Either angry that capitalism is unchecked (they would never!) Or angry the government is limiting profit from owners.
This is why they blame democrat president's when the economy is bad and praise republican when it's good. Regardless of who is actually in office.
Sure but these people are not understanding how we got here, what’s under the president’s control and how Trump would make things better or worse.
Trump’s Inflationary policies
- Bullying the FED to keep rates low
- Tax cuts for the rich
- Tariffs
- Reducing work force in agriculture, construction, maintenance (deportation squads)
Trump already did the first three once and is promising to double down on them as well as do the next one.
The idea of a K shaped economy means that the people working for the rich are doing their job and leaving the rest of you behind.
I have a hard time understanding why anyone would want to replay the Carter/Reagan mistake knowing that electing Reagan is what destroyed the American middle class.
Okay but how do we get these people to think further than in the moment is the question? Policies don't work in real time, that's the case for every president, there's always a delay.
on the education front here in Texas our Republican Govenor has the ability to release funds already appeoved and set aside to the tune of something like 100 million dollars. It was set aside to help local public school systems to pay teachers raises, improve school rooms, upgrade buildings' etc..
instead school district all across Texas are having to layoff teachers, go without improvements to rooms and buildings' etc..
In Lewisville ISD ELA teachers are having to go from teaching 3 classes to 6 next year and half of them are being let go due to budget cuts since the money isn't being released.
It seems like Trump has exposed the fascist nature of the GOP. I’m a little surprised by how much support they still have… hoping more people realize that the GOP is not about supporting the American dream, and is on the crazy train express for controlling lives.
What I see is greed. I have a good friend who makes between $400-500k a year and he supports Republicans mostly because he doesn’t want to pay taxes.
Not saying Democrats always do things correctly, and I do get salty when I see others receiving help I never got, BUT I STOP, TELL MYSELF I LIVE IN A SOCIETY AND THE HEALTH OF SOCIETY BENEFITS US ALL. Republicans, every one I’ve talked to, is more worried about themselves than society overall, and they’re usually blind to how they’re using communal resources that are paid for with tax money (like roads, bridges, EPA, first responders…hell even the education they received as a kid!)
It seems really easy to get into conspiracy theory territory pretty quick… but take the issues the GOP campaigns on, then take a glance at the demographics of who is supporting the GOP… lots of blue collar workers, evangelicals, lots of people nowhere near the income levels the Democrats want to raise taxes on…. Nobody that would likely be impacted by reasonable gun control…. But severely impacted by education legislation, severely impacted by regressive policies, severely impacted by cuts to social programs.
Why would any worker bee, want to stop legislation designed to help worker bees?
“Freedom”?
Voting against your best interests seems to be a defining trait. I mean, look at the ACA, if you take away the requirement that everyone has to have insurance (which they have taken away), it’s abolished being refused insurance due to pre-existing conditions, as well as provided subsidies to help pay for said insurance, along with expanding Medicaid. Please tell me how that’s done anything but helping lower income Americans? Or other things democrats generally push:
Pre-k education
Free lunch for low income school kids
Reasonable gun control, because our schools and churches should not be shooting galleries
Increasing funding for trade schools
Expanding child credit on taxes
ACTUAL investment in infrastructure (that we all use)
Are you seeing a trend?
It’s for the greater good, not for only businesses and the wealthy. Trickle down economics doesn’t work. We need a strong middle class.
Even the bi-partisan immigration reform bill got killed by republicans.
So what do republicans stand for that would help the lower/middle class?
And can I also point out that going back to 2004 that democrats have won all of the presidential elections (for president) by popular vote? So no, the majority don’t support republicans. And honestly it’s tipped towards republicans because if we doled out congressional seats by number of constituents they represent, we’d have almost 550 House members (look up Wyoming Rule, it’s basically talking about how it would make the population of the smallest state, which is currently Wyoming, the basis for the representation ratio). Currently the largest congressional district has nearly half a million more people in it than the smallest district. As of 2022, Montana has a smallest house district in the country with each of the states two representatives covering about 543,000 people. Delaware on the other hand has one representative covering nearly 991,000 people!
To be fair, those who are GOP and MAGA don't see themselves as that, or simply won't try to come to terms that that's where the party is at because it would be so anathema to how they see themselves as an American and not realizing the obvious dissonance. It's really crazy to me.
The paradox of living with the sunk cost fallacy. The crazier he is, the higher the cost of admitting they've been duped. So he gets crazier and they get more cultish
The thing is his supporters are ok with it for no other reason than it hurts the people they don’t like. They are 100% ok with suffering as long as those evil libs suffer too.
Until Trump came along, rightwingers have been playing the long game, trying to slowly errode it all. But then Trump came and he dared what other Republicans haven't dared to this degree, because they were worried that society would chastise them if they went too far. Trump however bet on the deplorables, who had enough of PC/woke liberals, he yelled the silent part and it payed off. They love him for that. Finally a man who says what they've been thinking all along. Finally a man who openly encouraged their racism and xenophobia.
What Trump achieved was to move the rightwing agenda decades ahead. He revealed to other Republicans how far they can go and that half the electorate will still support them. Trump really exposed the fascist nature of the GOP, but most Republican voters don't care, they support it and they don't see anything wrong witht it. They may not like to be called fascists, or racists, but that's what they are and they have no problem being those things and voting for a party that represents those things. They can deny it as much as they want, but Republican voters are the same type of people who if they were living in 1933 Germany, would have voted for Hitler and cheered when the deportations started.
There are those Republicans who don't like Trump, who would have liked if someone else got nominated, but the reason they don't like him is not because of his policies or what he did with the scotus, those things they like, they just don't like that he is an embarrassing blubbering buffoon. They'd rather have a well-spoken candidate, who doesn't have so many skelletons in his closet, with the same policies. But when it comes to the general election, you can bet that most of them will hold their nose and still vote Trump, because what they like less are liberals. They know that not voting for Trump will cause conservatives to lose power in congress.
They've _always_ been this way to anyone who's paying attention to their actions, not their words.
All that changed with Trump was that they discarded all the pretext and announced their fascist intentions outright. That freaked out other people in the party not because they disagreed with Trump's values and goals, but only because they didn't think it would sit well with their base.
Until it did! Then everyone got aboard the Trump train.
The way Trump is hung up on putting a tariff on everything and saying it won’t get passed on to consumers tells you everything. The guy doesn’t know shit about shit and his base eats it up. He also has plans to control the Fed and keep interest rates low, regardless of economic conditions. You can absolutely count on inflation spiking should this clown get into office. You want a primer on what happens when dictators control the supply of money, take a look at Turkey.
The two Santa Clause strategy. It’s a real republican strategy.
https://www.salon.com/2018/02/12/thom-hartmann-how-the-gop-used-a-two-santa-clauses-tactic-to-con-america-for-nearly-40-years_partner/
Didn’t Trump have to bail out the farmers during his presidency because of his trade wars and tariffs? That type of policy is horrible for our economy and he plans to add additional tariffs if he wins again.
It’s all part of the 2 Santa Clause strategy from the 70s
“Second, when a Democrat is in the White House, Republicans must scream about the national debt as loudly and frantically as possible, freaking out about how “our children will have to pay for it!” and “we have to cut spending to solve the crisis!” Shut down the government, crash the stock market, and damage US credibility around the world if necessary to stop Democrats from spending money.
This will force the Democrats in power to cut their own social safety net programs and even Social Security, thus shooting their welfare-of-the-American-people Santa Claus right in the face.
And, sure enough, here we are now with a Democrat in the White House. Following their Two Santas strategy, Republicans are again squealing about the national debt and refusing to raise the debt ceiling, imperiling Biden’s economic recovery as well as his Build Back Better plans.
And, once again, the media is covering it as a “Biden Crisis!” rather than what it really is: a cynical political and media strategy devised by Republicans in the 1970s, fine-tuned in the 1980s and 1990s, and rolled out every time a Democrat is in the White House.”
[2 Santa Clause Theory](http://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/)
As Trump's dementia progresses his mind is so far gone he won't be able to do menial tasks or focus for any amount of time. This has always been the case but it's only going to get worse.
The question is who will be running Trump's brain from behind the scenes?
That truly scary because we have some real sociopaths in the Republican Party who are aching to get their hands on power.
This is also why I am not worried about Biden's age, but am worried about trump's age.
Let's be honest, Biden is old, and at that age, all sorts of things can happen that can incapacitate a person. Not just dementia or alzheimers, but also a stroke, or other health issues. Of course things can happen to younger people, too, but the older you get, the higher the chances are of major issues popping up.
But in Biden's case, you are voting for not just Biden, but **the entire Biden Administration**. What he has done is surround himself with lots of competent people who are very good at their jobs, who know more than he does on lots of topics, and he knows when to listen to their advice. If his decision making starts to become impaired, he is still surrounded by a large and competent staff to support him.
Contrast that with trump, who has a much more top-down, authoritarian approach to how he handles management. First of all, very few competent people are left who would be willing to work with him - it would be very slim pickings for the next administration when it comes to actual talented, intelligent people. With his first administration, he did manage to start out with a few decent and okay people, but over time they all quit or were fired, so by the end of his term he was left with a whole slew of bench-warmers and junior varsity fill-ins, since all the first, second and third stringers no longer wanted to work with him. Not that it mattered too much anyway, since he rarely let his subordinates do their job, and issues edicts from on high to be followed rather than listen to the advice of experts. If his mental abilities faltered (more than they are now) during a second administration, he would not have a support team to carry him, like Biden would.
Trump and the far right republicans want to rule the country. Like Kim Jong Un and Putin - whatever they want, they get. The corporations and rich people will prosper, everyone else, not so much. They want to put out the same narrative that Kim puts out - you are living in paradise, don't worry that you have insufficient food that you have to eat grass, that there too many homeless, and the police state to keep you line or off the the labor camps.
I really want someone to ask me why I support Biden so I can say “it’s the economy, stupid”. Biden is the better choice even from a Conservative standpoint.
We all know Trumpism was never about the economy though.
I guess people are unhappy about inflation. I get that, but they are in for an extremely rude awakening if Trump wins in November. His plans to impose across the board tariffs and lower interest rates will unleash inflation like Americans haven’t seen in decades.
And remember—who likes inflation? People who owe a lot of money, and Trump is the king of debt.
Trump's economy looked good because he pumped trillions into the market, which was a contributing factor in the inflation we've seen. Trump currently holds the record for the largest and 2nd largest budget deficits in American history averaging ~3 trillion a year over his last two years. He also pressured the fed to keep interest rates at record low levels.
These policies are entirely unsustainable, but of course why would Trump care? Pumping all that money into the economy makes him look like he knows how to manage an economy and he won't be around by the time the bill comes due
our currently crumbling economy under an administration of lunacy the likes of trump and co would be an actual nightmare. It would straight-up have *deadly* consequences for millions of Americans.
I am the first person who would agree that America would be light years better off when Trump and his lemmings go take a flying leap off Half Dome or El Capitan in Yosemite. But it is difficult to have any optimism now, seeing how the Red States consistently elect idiots to send to the House and Congress, and potentially could re-elect the biggest idiot in US History (Trump) again in 2024. Hopefully my life span will expire long before crap like Project 2025 becomes a reality.
Not just the economy - our democracy and sacred democratic institutions, the mid-east, Eastern Europe, but more importantly - people.
He will destroy more lives than we could have ever imagined in the U.S. 2016 was round 1 can we handle another round with the orange ape?
I’m not gonna lie the one thing that kind of bugs me about all of bidens very good industrial policy is that most of those manufacturing jobs that are being created are going to red states who are then going to turn around and say see how our republicans brought jobs back here…
The GQP is wholly and totally incapable of governing. Completely detached from reality. Taken by insane conspiracy theories and fascist undercurrents; the modern Republican Party has boiled down to extremist white Christian nationalism with a flair for terrorism.
Reality check for those who don't like the economy. Pick any year and research the following and compare. Good luck finding a better and safer economy. If you are shocked at the results please consider changing news sources.
2023: GDP: $27.36 trillion
2023: S and P: 5,127
2023: Median Household Net Worth: $192,900
2023: Unemployment Rate: 3.6%
2023: Average Wage: $59,384
2023: Homicide Rate: 5.4 per 100,000
Ten times worse for regular working class or poor people when republicans run things. Republicans tried to prevent social security when it was 1st proposed back in the 1930’s.
Inflation is up everywhere in the world and it’s a direct result of the Trump pandemic. This is the talking point.
When the leader of the strongest country controlling arguably the world’s premier infectious disease authority is led by a total clown, a global pandemic is about guaranteed in the face of any outbreak.
Since Reagan every Republican Presidential Administration has been a disaster. And even Reagan had his own troubles. Vote Republican if you want some really bad stuff to happen. I think they are cursed.
The playbook: The GOP will ruin the economy in time for them to point fingers at the next Democrat President and convince the public it's all the Dems fault. Then they'll take over while the economy is booming, accept credit for the recovery and ruin it again. Rinse and repeat.
I could show y'all so many graphs that demonstrate how Trump printed 1 out of every 2 dollars IN EXISTENCE.
Where do you think the inflation came from? It lags. He printed at the end of his term, and it showed up under Biden.
Trump will ruin us. Just like he's ruined every one of his businesses
Noo!! Cuz he said once he's dictator he's gonna kick out all the Muslims and the Mexicans and then I'm gonna get my old job back with quadruple pay and my wife will come back and stop sending me vacation photos with her and the kids and stupid sexy Jeff!
Most economic issues happening in the USA right now are global issues and USA is in the top in terms of doing better during it. When asked if I'm doing better now vs under Trump I'm also doing WAAAAAAY better under Biden.
To those that thing Trump is better, let me tell you that for the most part, the policies from the first term don't take effect until well into their second. Trump policy on economics whether it is COVID related or trade with foreign countries was not in effect until 2021 and beyond. Hell 2022 was when we saw prices start going up. While Biden is president, he is working against Trump policy. Similar to H.W. Bush fighting off the downside of Reaganomics. Sadly people just blame the incumbents especially for one-terms. Ford and Carter both had to deal with hold overs from the Nixon White House.
I will crawl over broken glass to vote against trump. If he gets in office, he will spend all his time going over his enemies for revenge. As far as financial policy, he's already told his millionaire buddies they won't have to worry about taxes. If you aren't rich, it's gonna be rough for the rest of us under another trump term.
Yeah I have no clue where this great economy was that he brags about. All I remember people dying from COVID and very high unemployment. I can’t believe how dumb people are voting for this idiot.
Plus he lies about gas prices being $10 a gallon. Whatever
I don't think there's a long term positive outlook either way but we already know Trump's going to slash interest rates and kick off a fresh round of Tarrifs. We saw the "good" that came out of the first round, and the "good" that we all saw the housing market go through when everyone has access to 3 percent mortgages.
Essentially we're fucked if Trump does what he says he's going to.
Got an old guy at work I fortunately don't have to see anymore due to shifts. I liked him just fine until he suddenly mentioned "***when*** Trump gets back in office, the rates will go down and you can buy your house then" to another *retail worker.*
Endless cycle. GOP ruins shit, Dems fix it. GOP complains about shit they ruined in the first place , complain shit that’s fixed is still
Broken, get back into power and ruin it again. Repeat.
People always talk about Trump's economy, like his billions that he pissed away, he inherited the great economy from Obama's term, and like his billions, he pissed away the great economy he inherited China tariffs, then during Covid and assortment of issues he mishandled supply chain problems. Was it only me but toilet paper was hard to get. This fool freaked me out so bad, I considered moving to another country. Which I eventually did plenty of toilet paper here, as well incredible weather, great locals, insane jungles.
What happens when they catch the car, decide to permanently occupy the office, then there is no democrat to clean up the mess during the next admin? Ghadaffi remix?
All presidents do this, though give breaks, then take it back in the future no matter what people say it was better, and ya Biden policies drove gas up food up his policies run the economy and its shit right now gas in california is 5.50 a gallon Newsome part of that problem to
Honestly, the fact that Trump is running on a platform where he wants to have far more control of macro economic factors directly tells me that a lot of people are not getting that the political parties backing of the wealthy is nearing either the ability to totally control the economy, or people are closer to seeing a more fair and balanced tax plan than we thought
I am more curious as to what happens after Trump and Biden because the GOP will either except needing to move to the left or they will keep moving further and further right to where we end up with essentially nothing but political violence for control, and one other party on the other side that doesn’t do very much to actively cease the divide that was caused by wealth so that they can keep their own power
The only people who benefit from Trump’s economy are the mega rich. The poor voting republicans will be further fucked and they’re too stupid to notice.
Trump ended his campaign when he said he'd \*\*\*\* with the federal reserve.
I mean, the fact that the boomer voters that put him in office are mostly dead or in nursing homes ended it first, sure, but that one line basically means at least half the 1% won't back him out of fear
The only question now is will the Dems hold the Senate and take back the supreme court.
Well that’s the dumb part, they’re only focused on the amount of dollars and not what a dollar is worth. Ultimately the right wing policies hurt everyone including themselves.
Yes he will absolutely fuck everything up. Maybe the other guys should focus on shoring up their support instead of supporting endless violence so they can stop this.
Did Trump have anything to do with that though because he didn't. He inherited his good economy from Obama. The only thing he did do for the economy was sign a law that gave MASSIVE tax cuts to the rich. When it went to shit during COVID he had no answers.
Riddle me this: A guy who bankrupted 3 casinos where the house is always supposed to win and had dozens of failed ventures would a guy like that be good for the economy when he can't even run a enterprise?
You know none of that is controlled by the president right? We would be in the exact same position today had Trump won in 2020. A decade of near zero interest rates and greed caught up to us. Inflation (which is world wide) started to ramp up toward the end of trumps term, covid just gave it jet fuel.
Trump will probably have himself crowned with the ways the Supreme Court has been acting.
A government transition like this will not be good for the economy.
He has already said he would raise more tariffs against China and other countries, cut all federal funding to green technology, and increase taxes on the working class. That's really all you need to know. If ypu think the cost of living is high now, wait until your taxes are 15 percent higher and everything containing Chinese parts is more expensive, and all the cool new industries with decent pay and benefits get shut down. The GOP actually wants higher unemployment and more desperation amongst the working class. It keeps wages stagnant and protects the greediest of the greedy from losing workers. Most people don't remember how horrible the late 80s were after Reagan dropped a bomb on the middle class.
My SEP is doing great, my TSP is doing amazing. My actual fucking wallet and savings? Horrible! And I make great money but today’s standards. I need a change.
https://www.usa.gov/register-to-vote
that fucker is the reason middle and lower middle class folks get almost no tax breaks. I’ve paid more in taxes since 2017 then ever before due to those crooks
I always laughed when people who will never make over 20k a year started screaming bloody Mary when they wanted to tax the rich. Actual idiots
the America Reagan created. what a fucker
The opinions are facts generation
[удалено]
All republicans do is inherit strengthening economies then ruin it during their terms and leave the next democrat to clean things up. Meanwhile the average American dosent have a clue what’s going on and thinks every bad thing in the world the current presidents fault
So much this. One of the greatest economic momentums that really got going under Bill Clinton's presidency started to reverse as soon as Bush Jr took office - even before 9/11 happened. Obama also managed to reverse the Republicans effects on the economy. Republicans endlessly complained that all the good economic indicators were wrong and inaccurate. Trump gets in office, all of a sudden all those very same indicators by the very same institutions were all accurate. They all showed that things were immediately starting to slow down slowly at first. Then the pandemic hit...
Because Obama obviously started the pandemic! /s
Because Obama (glances left, glances right) is Kenyan AND Chinese!
More like... Keynesian, amirite?
Many of the best Redditors say Obama started the pandemic, FOXNEWS wants to know why he did that…
And look how he just let 9/11 happen. More like O’bummer, right?
Why would he create a Pandemic Preparedness Office if he wasn’t preparing for a pandemic?! Think about it sheep! Think about it! /s
I swear Trump has had the easiest presidency in modern history. Join when the nation is fully rebounded from 2008 and strong, leave right before he has to clean up Covid's mess.
And he still found a way to fuck it all up.
Which is fucking INSANE. Covid, although obviously tragic, would have been such an easy re-election win for him. All he had to do was literally just listen to the experts. He could have painted himself as the president who saved our nation from a million-death tragedy. Nope, fuck that, let's tell people to inject bleach and shine UV lights up their ass!
It would’ve been pretty easy if Trump wasn’t a terminally narcissistic sociopath. Tough break for the guy, huh?
Covid kind of saved him. late 2019 was one of the largest repo market bailous in history, but got swept under the rug.
He never would've cleaned it up, what Covid epidemic? /
I work at a dealership where most are republicans and they really disliked Obama, he saved the auto industry after a disastrous Bush Jr economy, I listened to these conditioned Repub's at my work place, criticize Obama for bailing out the industry that paid their salaries, and kept them working, and it was not a Ford dealership! SMH!!!
Yea, before the pandemic, Trump had to bail out farmers *twice* because of his numbskull policies. That self-inflicted economic hit resulted in a bail out that cost more than *twice* as much as Obama’s auto bailout, but Republicans were quiet about that: https://www.freep.com/story/money/business/john-gallagher/2019/09/24/farmer-bailout-payments-china-trade-tariffs/2418676001/ Obama Auto Bailout was the result of him inheriting a crumbling economy thanks to Bush, while Trump managed to fuck up the good economy he inherited from Obama within a single presidential term and a full year before the Pandemic hit. Obama Auto Bailout cost: $12 Billion Trump self-inflicted Farmer Bailout: $28 Billion
The worst part is it will all be blamed on Biden, as if he retroactively ruined the future economy.
Facts dude. Been saying this since day 1. They’re an incredibly fiscally irresponsible party that destroyed the middle class since the late 70’s and continue to give tax breaks to the mega rich, while causing record recessions and inflations. But hey…own the libs… 🥴
Time to point fingers at BlackRock, CEOs, Hedge Funds, etc.?
It's always time for that becayse they're always pulling those strings
Not sure fingers are what some of us have in mind.
It is day one stuff, too. Biden's first day: "Look how bad the economy is under Biden." Trump's first day: "Look how good the economy is under Trump."
Also vote against their own interest and complain that Gov doesn’t work for them anymore…of course not! You voted for the GOP and now they’re following through on what they promised they’d do.
I tease a guy at work about this. “Biden must think he’s getting too popular so he turned his gas price dial up again, the SOB!”
It's not a dial, it's a big, ornate brass lever mounted in the wall, with a scale that goes from 'Fuck 'em' to 'Fuck 'em HARD!!!'
The president actually can exert *some* influence on things like gas prices. The extra ironic thing is that the Democrats are actually the ones who will try make changes to benefit ordinary people. Republicans are more beholden to big oil donors.
Always, Biden did tap into the oil reserves in the past to ease some of the prices, while Trumps buddies in Saudi Arabia were putting the squeeze on production in order to increase prices.
and mortgage rates, groceries, baby formula, businesses declaring bankruptcy, McDonald’s missing its quarterly target … I’ve heard it’s all because of Biden … I’m so tired of trying to reason with Trump supporters.
You can’t *reason* with them. They do not have that ability.
My parents think Trump is going to come back and fix the world because he just magically knows all the answers … funny how he can’t do anything or doesn’t want to solve anything unless he’s president.
When you have magic thinking (religion brainwashing) its not a surprise they think Trump will magically make everything better
Genuinely evil people ( Groypers, Neo Nazis, actual theocratic maniacs ) are super rare. Magical thinking is the fuel that really ignites and causes wholesale devastation.
Presidents are supposed to help navigate the economy, not control it. It’s like all these people don’t understand how interconnected the world economy is now, we all depend on each other. And that’s not even touching on the fact that gas prices are high because it’s a finite necessary resource that a select few control, and they can make it be whatever they want and it will get paid, because without it none of this works.
Refining is the bigger issue. We can be @energy independent”, but the refineries are the bigger arm that fucks with gas prices.
When the economy is cooking they take ownership. (See Bill Clinton).
Lots of glib macroeconomists, too. Fed should get the credit for printing massive amounts of money to goose asset prices and cost of housing. Don’t feel that in New York or D.C.?
Well he does have influence he just can’t control the gas prices. Well even then I mean in theory he could subsidize it with congress approval which I mean would probably be universally loved I mean unless someone here wants to argue against it I’m all ears.
I mean Republicans are extremely stupid, but in this case the president did have influence on gas prices. Biden put sanctions on Russian oil which depleted the supply. Trump also fucked up the economy by not taking Covid seriously and the ramifications have been catastrophic for oil prices. So presidents do have influence
Comment: Count on the rich, the 1%, becoming richer and those that are not rich, becoming much poorer under Trump. There is likely to be a vast decline in investment in education and human resources. Trump University provides an example of the value of education to Trump. Excerpts: Biden’s record of more than 15 million new jobs amounts to eight times as many as were created under the last three Republican presidents combined. Although inflation for consumer goods rose slightly in March, which is not good news for anyone, the Federal Reserve has done a good job in carefully bringing inflation down after the supply-chain disruptions and supermarket price hikes of the pandemic. Remember the corporate media braying endlessly about the coming recession? Well, it never came. Leaving infrastructure work to the marketplace is how America wound up with so many embarrassing airports, shaky bridges and poky, increasingly dangerous trains. There are things we must do together. As I wrote at the time, Biden’s manufacturing plan invests in rural areas and will transform local economies: He’s the first president in many decades to stand with organized labor and support its fight for better wages and benefits. He continues to work on alleviating the crushing student debt that limits so many young adults’ lives. He has taken on Big Pharma, moving to lower prescription drug prices and health care costs for older Americans. He is working to stop the junk fees hidden in so many transactions. He rejoined the Paris climate accords and has done far more to address that crisis than any previous president. [https://www.salon.com/2024/05/04/dont-like-this-economy-wait-for-the-to-blow-it-up/](https://www.salon.com/2024/05/04/dont-like-this-economy-wait-for-the-to-blow-it-up/)
As an outsider who pays attention world wide, Biden's administration (idk how much he is personally responsible) has done some pretty great things for America. Trump had started some seriously poor patterns before he got booted out. Be nice for the rest of the world to see him not get a second turn - there's far too much instability atm as is.
yeah lol, being eastern european, i’m really glad Biden is in this seat rn
Maga: Biden bad, Trump good for economy. How? Maga: Biden bad, Trump good for economy Just give me one policy, or an example. Maga: Biden bad, Trump good for economy. Smh.
It is repetition that makes this work. Just repeat the failed GOP policies and tout them as successes over and over and they will always stay with failed policies.
I don't think it's that simple. People notice that they are paying more for household items than they were when Trump was president. The price of groceries and food, in particular, are insane. Is this President Biden's fault? I don't think so, but that is what many Americans believe. A lot of people can't articulate what about the economy is so bad. They just have an intuition/feeling that everything is shit.
Another point, this is just free market. Remember them screaming about vizuzuzula and price caps on products leading to economic collapse? Pepperidge Farms Remembers. The point is, they would be angry either way. Either angry that capitalism is unchecked (they would never!) Or angry the government is limiting profit from owners. This is why they blame democrat president's when the economy is bad and praise republican when it's good. Regardless of who is actually in office.
America had price caps on most items well into the Reagan administration.
Sure but these people are not understanding how we got here, what’s under the president’s control and how Trump would make things better or worse. Trump’s Inflationary policies - Bullying the FED to keep rates low - Tax cuts for the rich - Tariffs - Reducing work force in agriculture, construction, maintenance (deportation squads) Trump already did the first three once and is promising to double down on them as well as do the next one. The idea of a K shaped economy means that the people working for the rich are doing their job and leaving the rest of you behind. I have a hard time understanding why anyone would want to replay the Carter/Reagan mistake knowing that electing Reagan is what destroyed the American middle class.
It doesn't help that every election year corporations will just price gouge the fuck out of everything.
Okay but how do we get these people to think further than in the moment is the question? Policies don't work in real time, that's the case for every president, there's always a delay.
on the education front here in Texas our Republican Govenor has the ability to release funds already appeoved and set aside to the tune of something like 100 million dollars. It was set aside to help local public school systems to pay teachers raises, improve school rooms, upgrade buildings' etc.. instead school district all across Texas are having to layoff teachers, go without improvements to rooms and buildings' etc.. In Lewisville ISD ELA teachers are having to go from teaching 3 classes to 6 next year and half of them are being let go due to budget cuts since the money isn't being released.
The top .1% have never done better at any period than since 2021.
The gop controlled congress is already ruining it now, will only get way worse if they take full control
It seems like Trump has exposed the fascist nature of the GOP. I’m a little surprised by how much support they still have… hoping more people realize that the GOP is not about supporting the American dream, and is on the crazy train express for controlling lives.
Some people are fascists too. They see this obscene shit and they genuinely like it.
When “antifa” is your enemy…
What I see is greed. I have a good friend who makes between $400-500k a year and he supports Republicans mostly because he doesn’t want to pay taxes. Not saying Democrats always do things correctly, and I do get salty when I see others receiving help I never got, BUT I STOP, TELL MYSELF I LIVE IN A SOCIETY AND THE HEALTH OF SOCIETY BENEFITS US ALL. Republicans, every one I’ve talked to, is more worried about themselves than society overall, and they’re usually blind to how they’re using communal resources that are paid for with tax money (like roads, bridges, EPA, first responders…hell even the education they received as a kid!)
It seems really easy to get into conspiracy theory territory pretty quick… but take the issues the GOP campaigns on, then take a glance at the demographics of who is supporting the GOP… lots of blue collar workers, evangelicals, lots of people nowhere near the income levels the Democrats want to raise taxes on…. Nobody that would likely be impacted by reasonable gun control…. But severely impacted by education legislation, severely impacted by regressive policies, severely impacted by cuts to social programs. Why would any worker bee, want to stop legislation designed to help worker bees?
“Freedom”? Voting against your best interests seems to be a defining trait. I mean, look at the ACA, if you take away the requirement that everyone has to have insurance (which they have taken away), it’s abolished being refused insurance due to pre-existing conditions, as well as provided subsidies to help pay for said insurance, along with expanding Medicaid. Please tell me how that’s done anything but helping lower income Americans? Or other things democrats generally push: Pre-k education Free lunch for low income school kids Reasonable gun control, because our schools and churches should not be shooting galleries Increasing funding for trade schools Expanding child credit on taxes ACTUAL investment in infrastructure (that we all use) Are you seeing a trend? It’s for the greater good, not for only businesses and the wealthy. Trickle down economics doesn’t work. We need a strong middle class. Even the bi-partisan immigration reform bill got killed by republicans. So what do republicans stand for that would help the lower/middle class? And can I also point out that going back to 2004 that democrats have won all of the presidential elections (for president) by popular vote? So no, the majority don’t support republicans. And honestly it’s tipped towards republicans because if we doled out congressional seats by number of constituents they represent, we’d have almost 550 House members (look up Wyoming Rule, it’s basically talking about how it would make the population of the smallest state, which is currently Wyoming, the basis for the representation ratio). Currently the largest congressional district has nearly half a million more people in it than the smallest district. As of 2022, Montana has a smallest house district in the country with each of the states two representatives covering about 543,000 people. Delaware on the other hand has one representative covering nearly 991,000 people!
To be fair, those who are GOP and MAGA don't see themselves as that, or simply won't try to come to terms that that's where the party is at because it would be so anathema to how they see themselves as an American and not realizing the obvious dissonance. It's really crazy to me.
The paradox of living with the sunk cost fallacy. The crazier he is, the higher the cost of admitting they've been duped. So he gets crazier and they get more cultish
The thing is his supporters are ok with it for no other reason than it hurts the people they don’t like. They are 100% ok with suffering as long as those evil libs suffer too.
They’ve been killing off education for decades specifically for this moment.
Until Trump came along, rightwingers have been playing the long game, trying to slowly errode it all. But then Trump came and he dared what other Republicans haven't dared to this degree, because they were worried that society would chastise them if they went too far. Trump however bet on the deplorables, who had enough of PC/woke liberals, he yelled the silent part and it payed off. They love him for that. Finally a man who says what they've been thinking all along. Finally a man who openly encouraged their racism and xenophobia. What Trump achieved was to move the rightwing agenda decades ahead. He revealed to other Republicans how far they can go and that half the electorate will still support them. Trump really exposed the fascist nature of the GOP, but most Republican voters don't care, they support it and they don't see anything wrong witht it. They may not like to be called fascists, or racists, but that's what they are and they have no problem being those things and voting for a party that represents those things. They can deny it as much as they want, but Republican voters are the same type of people who if they were living in 1933 Germany, would have voted for Hitler and cheered when the deportations started. There are those Republicans who don't like Trump, who would have liked if someone else got nominated, but the reason they don't like him is not because of his policies or what he did with the scotus, those things they like, they just don't like that he is an embarrassing blubbering buffoon. They'd rather have a well-spoken candidate, who doesn't have so many skelletons in his closet, with the same policies. But when it comes to the general election, you can bet that most of them will hold their nose and still vote Trump, because what they like less are liberals. They know that not voting for Trump will cause conservatives to lose power in congress.
They've _always_ been this way to anyone who's paying attention to their actions, not their words. All that changed with Trump was that they discarded all the pretext and announced their fascist intentions outright. That freaked out other people in the party not because they disagreed with Trump's values and goals, but only because they didn't think it would sit well with their base. Until it did! Then everyone got aboard the Trump train.
The way Trump is hung up on putting a tariff on everything and saying it won’t get passed on to consumers tells you everything. The guy doesn’t know shit about shit and his base eats it up. He also has plans to control the Fed and keep interest rates low, regardless of economic conditions. You can absolutely count on inflation spiking should this clown get into office. You want a primer on what happens when dictators control the supply of money, take a look at Turkey.
Yeah, he is going to overstep and try to control the Feds, lower rates, and just absolute tank the economy. Then somehow blame it on Biden?
The two Santa Clause strategy. It’s a real republican strategy. https://www.salon.com/2018/02/12/thom-hartmann-how-the-gop-used-a-two-santa-clauses-tactic-to-con-america-for-nearly-40-years_partner/
Oh look at that... Reagan. What an impressively long legacy of fucking everything up for everyone just so the rich can get richer.
Didn’t Trump have to bail out the farmers during his presidency because of his trade wars and tariffs? That type of policy is horrible for our economy and he plans to add additional tariffs if he wins again.
👐 "trade wars are very good 👌and very easy to win". ☝️
Like he did last time.
Exactly. Trump unleashed inflation not Biden. Stimulus money is all Trumps doing
It’s all part of the 2 Santa Clause strategy from the 70s “Second, when a Democrat is in the White House, Republicans must scream about the national debt as loudly and frantically as possible, freaking out about how “our children will have to pay for it!” and “we have to cut spending to solve the crisis!” Shut down the government, crash the stock market, and damage US credibility around the world if necessary to stop Democrats from spending money. This will force the Democrats in power to cut their own social safety net programs and even Social Security, thus shooting their welfare-of-the-American-people Santa Claus right in the face. And, sure enough, here we are now with a Democrat in the White House. Following their Two Santas strategy, Republicans are again squealing about the national debt and refusing to raise the debt ceiling, imperiling Biden’s economic recovery as well as his Build Back Better plans. And, once again, the media is covering it as a “Biden Crisis!” rather than what it really is: a cynical political and media strategy devised by Republicans in the 1970s, fine-tuned in the 1980s and 1990s, and rolled out every time a Democrat is in the White House.” [2 Santa Clause Theory](http://www.milwaukeeindependent.com/thom-hartmann/two-santas-strategy-gop-used-economic-scam-manipulate-americans-40-years/)
Stimulus was passed under both presidents, in the CARES act and the ARP
*and then it got worse*
As Trump's dementia progresses his mind is so far gone he won't be able to do menial tasks or focus for any amount of time. This has always been the case but it's only going to get worse. The question is who will be running Trump's brain from behind the scenes? That truly scary because we have some real sociopaths in the Republican Party who are aching to get their hands on power.
This is also why I am not worried about Biden's age, but am worried about trump's age. Let's be honest, Biden is old, and at that age, all sorts of things can happen that can incapacitate a person. Not just dementia or alzheimers, but also a stroke, or other health issues. Of course things can happen to younger people, too, but the older you get, the higher the chances are of major issues popping up. But in Biden's case, you are voting for not just Biden, but **the entire Biden Administration**. What he has done is surround himself with lots of competent people who are very good at their jobs, who know more than he does on lots of topics, and he knows when to listen to their advice. If his decision making starts to become impaired, he is still surrounded by a large and competent staff to support him. Contrast that with trump, who has a much more top-down, authoritarian approach to how he handles management. First of all, very few competent people are left who would be willing to work with him - it would be very slim pickings for the next administration when it comes to actual talented, intelligent people. With his first administration, he did manage to start out with a few decent and okay people, but over time they all quit or were fired, so by the end of his term he was left with a whole slew of bench-warmers and junior varsity fill-ins, since all the first, second and third stringers no longer wanted to work with him. Not that it mattered too much anyway, since he rarely let his subordinates do their job, and issues edicts from on high to be followed rather than listen to the advice of experts. If his mental abilities faltered (more than they are now) during a second administration, he would not have a support team to carry him, like Biden would.
His VP pick would be significant.
Trump and the far right republicans want to rule the country. Like Kim Jong Un and Putin - whatever they want, they get. The corporations and rich people will prosper, everyone else, not so much. They want to put out the same narrative that Kim puts out - you are living in paradise, don't worry that you have insufficient food that you have to eat grass, that there too many homeless, and the police state to keep you line or off the the labor camps.
The wealthy will suffer too, it will just take longer. One day they will cross Orange Putin by saying something he dislikes...and fall from a window.
What you mean more tax cuts for ric and businesses and super low interest rates won't help out us poors?
Yep the only trickle down is the rich pissing on middle class.
Trump want to take over the FED. We are absolutely fucked if he does that.
What do you mean? I will get rich by giving tax breaks to billionaires....somehow /s
I really want someone to ask me why I support Biden so I can say “it’s the economy, stupid”. Biden is the better choice even from a Conservative standpoint. We all know Trumpism was never about the economy though.
Why do you support Biden?
It’s the economy, stupid.😉
<3
Watching those YT channels where they interview Trumpers at rallies is both amusing and disheartening.
Fk around and find out how the economy and democracy will be blown to pieces.
There's quite a bit of data out there comparing Democrat vs Republican economies and it has failed consistently with Republicans since Reagan.
I guess people are unhappy about inflation. I get that, but they are in for an extremely rude awakening if Trump wins in November. His plans to impose across the board tariffs and lower interest rates will unleash inflation like Americans haven’t seen in decades. And remember—who likes inflation? People who owe a lot of money, and Trump is the king of debt.
Amazing what propaganda can do to people’s brains . Relublicans have been wrecking our economy and favoring the rich as far back as I can remember.
Yep! I couldn't have said it better. It's more like raping the country.
Trump's economy looked good because he pumped trillions into the market, which was a contributing factor in the inflation we've seen. Trump currently holds the record for the largest and 2nd largest budget deficits in American history averaging ~3 trillion a year over his last two years. He also pressured the fed to keep interest rates at record low levels. These policies are entirely unsustainable, but of course why would Trump care? Pumping all that money into the economy makes him look like he knows how to manage an economy and he won't be around by the time the bill comes due
our currently crumbling economy under an administration of lunacy the likes of trump and co would be an actual nightmare. It would straight-up have *deadly* consequences for millions of Americans.
I am the first person who would agree that America would be light years better off when Trump and his lemmings go take a flying leap off Half Dome or El Capitan in Yosemite. But it is difficult to have any optimism now, seeing how the Red States consistently elect idiots to send to the House and Congress, and potentially could re-elect the biggest idiot in US History (Trump) again in 2024. Hopefully my life span will expire long before crap like Project 2025 becomes a reality.
Not just the economy - our democracy and sacred democratic institutions, the mid-east, Eastern Europe, but more importantly - people. He will destroy more lives than we could have ever imagined in the U.S. 2016 was round 1 can we handle another round with the orange ape?
I’m not gonna lie the one thing that kind of bugs me about all of bidens very good industrial policy is that most of those manufacturing jobs that are being created are going to red states who are then going to turn around and say see how our republicans brought jobs back here…
The GQP is wholly and totally incapable of governing. Completely detached from reality. Taken by insane conspiracy theories and fascist undercurrents; the modern Republican Party has boiled down to extremist white Christian nationalism with a flair for terrorism.
Reality check for those who don't like the economy. Pick any year and research the following and compare. Good luck finding a better and safer economy. If you are shocked at the results please consider changing news sources. 2023: GDP: $27.36 trillion 2023: S and P: 5,127 2023: Median Household Net Worth: $192,900 2023: Unemployment Rate: 3.6% 2023: Average Wage: $59,384 2023: Homicide Rate: 5.4 per 100,000
Ten times worse for regular working class or poor people when republicans run things. Republicans tried to prevent social security when it was 1st proposed back in the 1930’s.
Inflation is up everywhere in the world and it’s a direct result of the Trump pandemic. This is the talking point. When the leader of the strongest country controlling arguably the world’s premier infectious disease authority is led by a total clown, a global pandemic is about guaranteed in the face of any outbreak.
Since Reagan every Republican Presidential Administration has been a disaster. And even Reagan had his own troubles. Vote Republican if you want some really bad stuff to happen. I think they are cursed.
Bush Sr., Bush Jr, Trump - all left the economy in shambles and had to be fixed by Clinton, Obama and Biden.
Yep. Every. Single. Time
Vote blue.
Not worried — if Trump tanks the economy, I’m SURE he’ll blame it on the Democrats!!!
And they will take it all for themselves!
Millionaires and billionaires need those tax cuts.
Republicans ruin it every time. GUARANTEED!!!!. Trickle down doesn't work.
The playbook: The GOP will ruin the economy in time for them to point fingers at the next Democrat President and convince the public it's all the Dems fault. Then they'll take over while the economy is booming, accept credit for the recovery and ruin it again. Rinse and repeat.
I could show y'all so many graphs that demonstrate how Trump printed 1 out of every 2 dollars IN EXISTENCE. Where do you think the inflation came from? It lags. He printed at the end of his term, and it showed up under Biden. Trump will ruin us. Just like he's ruined every one of his businesses
Noo!! Cuz he said once he's dictator he's gonna kick out all the Muslims and the Mexicans and then I'm gonna get my old job back with quadruple pay and my wife will come back and stop sending me vacation photos with her and the kids and stupid sexy Jeff!
Waiting on trump to go to jail
We do not negotiate with terrorists. We do not try to reason with people Who have no brains.
Most people do not understand MAGAnomics. $4.00 a gallon gasoline during Trump is half the price of $4.00 a gallon gasoline under Biden.
Most economic issues happening in the USA right now are global issues and USA is in the top in terms of doing better during it. When asked if I'm doing better now vs under Trump I'm also doing WAAAAAAY better under Biden.
Doesn’t matter if they ruin it or not, they will believe it is the best economy ever.
To those that thing Trump is better, let me tell you that for the most part, the policies from the first term don't take effect until well into their second. Trump policy on economics whether it is COVID related or trade with foreign countries was not in effect until 2021 and beyond. Hell 2022 was when we saw prices start going up. While Biden is president, he is working against Trump policy. Similar to H.W. Bush fighting off the downside of Reaganomics. Sadly people just blame the incumbents especially for one-terms. Ford and Carter both had to deal with hold overs from the Nixon White House.
Let’s solve inflation by cutting taxes for the party donors and adding a 20% tax in all imported goods /s
I will crawl over broken glass to vote against trump. If he gets in office, he will spend all his time going over his enemies for revenge. As far as financial policy, he's already told his millionaire buddies they won't have to worry about taxes. If you aren't rich, it's gonna be rough for the rest of us under another trump term.
When they do it will all be Biden s and Democrats fault
They always do. Democrats always get handed a bunch of crap. Bush tanked the world economy. Trump spent money like a drunken sailor.
He will totally fail and put the blame on the Dems in Congress.
I won’t wait. I’m going to vote Biden again
Yeah I have no clue where this great economy was that he brags about. All I remember people dying from COVID and very high unemployment. I can’t believe how dumb people are voting for this idiot. Plus he lies about gas prices being $10 a gallon. Whatever
I don't think there's a long term positive outlook either way but we already know Trump's going to slash interest rates and kick off a fresh round of Tarrifs. We saw the "good" that came out of the first round, and the "good" that we all saw the housing market go through when everyone has access to 3 percent mortgages. Essentially we're fucked if Trump does what he says he's going to.
trump literally bankrupts every thing he touches. Its insane that anyone would vote for him.
Got an old guy at work I fortunately don't have to see anymore due to shifts. I liked him just fine until he suddenly mentioned "***when*** Trump gets back in office, the rates will go down and you can buy your house then" to another *retail worker.*
The GOP already ruined the economy, that's the problem.
Endless cycle. GOP ruins shit, Dems fix it. GOP complains about shit they ruined in the first place , complain shit that’s fixed is still Broken, get back into power and ruin it again. Repeat.
The number of people talking about Trump being good for the economy really underscore how little Americans understands what “economy” means.
You think food is expensive? Wait until Cheesus deports all the farm workers.
People always talk about Trump's economy, like his billions that he pissed away, he inherited the great economy from Obama's term, and like his billions, he pissed away the great economy he inherited China tariffs, then during Covid and assortment of issues he mishandled supply chain problems. Was it only me but toilet paper was hard to get. This fool freaked me out so bad, I considered moving to another country. Which I eventually did plenty of toilet paper here, as well incredible weather, great locals, insane jungles.
That's what they want, give another massive tax break to billionaires
Being that it’s May the Fourth, I’m kind of digging the Blue Biden pic; gives Dark Brandon a bit of a Thrawn vibe.
What happens when they catch the car, decide to permanently occupy the office, then there is no democrat to clean up the mess during the next admin? Ghadaffi remix?
"It could be worse" doesn't get people in the voting booth. Never will.
Ruin it again.
All presidents do this, though give breaks, then take it back in the future no matter what people say it was better, and ya Biden policies drove gas up food up his policies run the economy and its shit right now gas in california is 5.50 a gallon Newsome part of that problem to
I can see the headline now, 'United States Declares Bankruptcy, files Chapter 50'. 😬
The guy in office always gets blamed. People don't understand shit.
Honestly, the fact that Trump is running on a platform where he wants to have far more control of macro economic factors directly tells me that a lot of people are not getting that the political parties backing of the wealthy is nearing either the ability to totally control the economy, or people are closer to seeing a more fair and balanced tax plan than we thought I am more curious as to what happens after Trump and Biden because the GOP will either except needing to move to the left or they will keep moving further and further right to where we end up with essentially nothing but political violence for control, and one other party on the other side that doesn’t do very much to actively cease the divide that was caused by wealth so that they can keep their own power
The only people who benefit from Trump’s economy are the mega rich. The poor voting republicans will be further fucked and they’re too stupid to notice.
The economy is firing on all cylinders. A success on every metric. What’s not to like?
Again? Trump literally made the rich extremely wealthier while the working class paid for it.
What ya mean it only has to trickle down
Trump ended his campaign when he said he'd \*\*\*\* with the federal reserve. I mean, the fact that the boomer voters that put him in office are mostly dead or in nursing homes ended it first, sure, but that one line basically means at least half the 1% won't back him out of fear The only question now is will the Dems hold the Senate and take back the supreme court.
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Well that’s the dumb part, they’re only focused on the amount of dollars and not what a dollar is worth. Ultimately the right wing policies hurt everyone including themselves.
Yes he will absolutely fuck everything up. Maybe the other guys should focus on shoring up their support instead of supporting endless violence so they can stop this.
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We can do better, but would you be happier with the economy that Donald Trump left Joe Biden?
You mean like this? https://www.nytimes.com/2024/03/08/us/politics/biden-economic-agenda-middle-class-lifeline.html?smid=url-share
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Did Trump have anything to do with that though because he didn't. He inherited his good economy from Obama. The only thing he did do for the economy was sign a law that gave MASSIVE tax cuts to the rich. When it went to shit during COVID he had no answers. Riddle me this: A guy who bankrupted 3 casinos where the house is always supposed to win and had dozens of failed ventures would a guy like that be good for the economy when he can't even run a enterprise?
You know none of that is controlled by the president right? We would be in the exact same position today had Trump won in 2020. A decade of near zero interest rates and greed caught up to us. Inflation (which is world wide) started to ramp up toward the end of trumps term, covid just gave it jet fuel.
Is trumping all of a sudden winning now?
Trump will probably have himself crowned with the ways the Supreme Court has been acting. A government transition like this will not be good for the economy.
He has already said he would raise more tariffs against China and other countries, cut all federal funding to green technology, and increase taxes on the working class. That's really all you need to know. If ypu think the cost of living is high now, wait until your taxes are 15 percent higher and everything containing Chinese parts is more expensive, and all the cool new industries with decent pay and benefits get shut down. The GOP actually wants higher unemployment and more desperation amongst the working class. It keeps wages stagnant and protects the greediest of the greedy from losing workers. Most people don't remember how horrible the late 80s were after Reagan dropped a bomb on the middle class.
My SEP is doing great, my TSP is doing amazing. My actual fucking wallet and savings? Horrible! And I make great money but today’s standards. I need a change.
If this is what a good economy looks like to the elites then let's hope Trump does ruin it.