Truesee's Daily Wonder

Truesee presents the weird, wild, wacky and world news of the day.

Sunday, April 30, 2023

 

Americans weigh in on a potential 2024 Biden-Trump rematch

https://www.foxnews.com/politics/biden-trump-americans-weigh-in-on-possible-2024-rematch


Comments:
* The voters rejected Trump in 2020, what makes him & his supporters think they will welcome him back to the WH. They dumped him BEFORE the " the Jan 6th insurrection & the fake electors etc etc."

* Just stop thinking Americans did not live through that mess.
Another big steal on the horizon.
* lf confused : Read post #1.
Talk about living through a mess. Highest inflation in 40 years, highest gas prices ever, 5.5 illegals across the border, rising interest rates, weak military, depending on foreign countries for our energy supply needs, huge crime increases, higher taxes, increased spending, low GDP, wage, and job growth. And you want another 4 years of it just because you don't like mean tweets.
* The " Mess" was left by 45. Don't believe me, he fool pressured the Saudi's to cut production when Covid hit, he inherited a growing economy & when it went South under his watch, he had NO plan. We have touched on this before....but

* lf Trump was not running, l would want Biden to sit this one out, however he has & had 45's number, so let him run. Getting someone else in there right now would be foolish.

* Finally: The voters want neither to run in 2024, but the country would rather have a steady hand with Joe, than a lunatic loser in Trump. He took a dump on the Constitution which he swore to uphold & now his attempting to lie his way back to power.
* You know that l am telling the truth, but you to afraid to admit it, but hey- who cares! Your Toddler has the attention span of a gecko & you guys know it, but whether it's the Red Tie or the Kool-Aid, one thing is certain, his worshipped by you guys. I mean who in their right mind is willing to die for this fool, apparently the " Proud Boys, Oath Keepers & you wallet opening fools" for a 76 year old Con man.
As usual you never produce any facts to back up what you say. Here are the gas prices for last the 50 years. It shows as monthly, but if you look at the weekly rates you will see the price never hit $3.00 during Trump's entire term.
When Biden started gas was $2.47 a gallon. It only took till May 2021 (4 months) to go over $3.00 . They even hit $5.00 in June '22. As of this past Monday they were $3.76.  See the link.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m

Obama made the economy worse when he started and took 4 years to get it back to where it was when he began. He didn't start improving it till his 2nd term. Trump improved on that for 3 years. Then things reversed for 4 months during 2020 due to covid (which was a CDC ordered lockdown) and then started improving again immediately . 27 months later Biden still hasn't gotten it back to where Trump had it.  Look at the unemployment figures. You can go back to 1948.
https://data.bls.gov/timeseries/LNS14000000
You can see the inflation rates here for the last 100 years. https://www.usinflationcalculator.com/inflation/historical-inflation-rates/
* Generally, l am not a " cut and paste" person- but you force me to be...

* President Donald Trump campaigned as a billionaire businessman and champion of the working class with the economic prowess and deal-cutting skills that politicians in Washington, D.C., lacked.
He summed up his position neatly during the campaign: "I'll be the greatest jobs president that God ever created."

On the campaign trail, Trump claimed to be laser-focused on bringing back manufacturing and mining jobs, renegotiating trade deals that led to work disappearing overseas and curtailing immigration.

His Clintonian tack of "it's the economy, stupid," despite the myriad scandals and investigations that dogged him, largely worked as GDP grew at a healthy clip, the stock market soared and unemployment rates hit a half-century low, until the coronavirus pandemic gutted the job market.

Economists say Trump�s economic legacy will be defined by his failure in leadership during the COVID-19 pandemic that exacerbated the financial downturn, domestic policies that overwhelmingly benefited the wealthy, and international trade policies that hurt U.S. industry while simultaneously alienating allies.

By attempting to implement economic policy through the so-called "art of the deal" and ignoring lessons that many economists have learned over the last 50 years -- such as the importance of Fed independence, the effects of large budget deficits on trade deficits, the value of multilateral institutions such as the World Trade Organization and more -- he failed to achieve his own self-proclaimed goals of reducing the trade deficit with China, controlling the national debt or strengthening the American manufacturing sector.

Trump inherited an economy from the Obama administration that was expanding, and it continued to do so during the first three years of his presidency. While real wage growth was slow or stagnant for most Americans, and had been under Obama, unemployment continued to trend downward and GDP continued to grow.

In the last year of Trump�s presidency, the unemployment rate reached a 50-year low of 3.5% in February. The coronavirus pandemic soon walloped the economy, forcing swaths of businesses across the country to close. The unemployment rate skyrocketed to 14.7% in April. It receded to 6.7% as of last month but remains above the level of 4.8% when Trump took office in 2016.

As the pandemic raged in the U.S., however, Trump consistently downplayed its severity. Instead of focusing on getting the virus under control, he concentrated on reopening the economy and several surges in the virus followed, including the most severe as he left office.

The lack of leadership during the health crisis was not only deadly -- with thousands of Americans dying every day -- but also disastrous for the economy. Other countries such as China and South Korea were better able to control the spread of the virus. As a result Chinese GDP is forecasted by the Organization for Economic Cooperation and Development to increase by 1.8%, and Korean GDP is forecasted to fall by only 1.1% -- considerably less than the 3.7% drop forecast for the U.S.

�There are many countries that have made mistakes, but there are some countries that have done it right,� Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth at Harvard University's Kennedy School, told ABC News.

Frankel cited the numerous times Trump didn�t take the virus seriously �and actively undermined the practices that we need, like avoiding large crowds, masks and so on� as evidence that the president was not taking the crisis seriously as a policy matter.

�You can't leave something like that entirely to the free market, certainly, or to the states,� Frankel said.

Even before the virus further exacerbated U.S. income inequality, some experts say Trump�s economic policies favored the wealthy -- and left the poor and middle class behind.

His Tax Cuts and Jobs Act in December 2017 provided major tax breaks to corporations and wealthy individuals. The policy, among other things, reduced the corporate income tax rate from 35% to 21%.

Frankel called the policy "beyond ironic" for a president "who campaigned in 2016 on being the champion of the working man or working person and campaigned on 'draining the swamp' in Washington."

* That's enough because you don't listen, regardless of what l put out. There's a reason he lost the Presidency- Incompetence and laziness.
* i know that the Maga folks and those who lean Trump would have us believe that the economy was extremely bad under Obama- but the moment Trump stepped into the Oval Office * The Heavens opened and poured down its blessings on America. Right, then we have to assume that Satan entered the picture and gave is the pandemic.

*You guys are so silly, so gullible.
You didn't have to C&P all that. You could have just posted the link. https://abcnews.go.com/Business/trumps-economic-legacy/story?id=74760051
* No!
*I wanted you to READ it ,instead " Oh, it's from ABC News," point is: Do you agree with what's said or are you going to stick your head in the sand & hum?
Post a Comment

<< Home

Archives

May 2024   April 2024   March 2024   February 2024   January 2024   December 2023   November 2023   October 2023   September 2023   August 2023   July 2023   June 2023   May 2023   April 2023   March 2023   February 2023   January 2023   December 2022   November 2022   October 2022   September 2022   August 2022   July 2022   June 2022   May 2022   April 2022   March 2022   February 2022   January 2022   December 2021   November 2021   October 2021   September 2021   August 2021   July 2021   June 2021   May 2021   April 2021   March 2021   February 2021   January 2021   December 2020   November 2020   October 2020   September 2020   August 2020   July 2020   June 2020   May 2020   April 2020   March 2020   February 2020   January 2020   December 2019   November 2019   October 2019   September 2019   August 2019   July 2019   June 2019   May 2019   April 2019   March 2019   February 2019   January 2019   December 2018   November 2018   October 2018   September 2018   August 2018   July 2018   June 2018   May 2018   April 2018   March 2018   February 2018   January 2018   December 2017   November 2017   October 2017   September 2017   August 2017   July 2017   June 2017   May 2017   April 2017   March 2017   February 2017   January 2017   December 2016   November 2016   October 2016   September 2016   August 2016   July 2016   June 2016   May 2016   April 2016   March 2016   February 2016   January 2016   December 2015   November 2015   October 2015   September 2015   August 2015   July 2015   June 2015   May 2015   April 2015   March 2015   February 2015   January 2015   December 2014   November 2014   October 2014   September 2014   August 2014   July 2014   June 2014   May 2014   April 2014   March 2014   February 2014   January 2014   December 2013   November 2013   October 2013   September 2013   August 2013   July 2013   June 2013   May 2013   April 2013   March 2013   February 2013   January 2013   December 2012   November 2012   October 2012   September 2012   August 2012   July 2012   June 2012   May 2012   April 2012   March 2012   February 2012   January 2012   December 2011   November 2011   October 2011   September 2011   August 2011   July 2011   June 2011   May 2011   April 2011   March 2011   February 2011   January 2011   December 2010   November 2010   October 2010   September 2010   August 2010   July 2010   June 2010   May 2010   April 2010   March 2010   February 2010   January 2010   December 2009   November 2009   October 2009   September 2009   August 2009   July 2009   June 2009   May 2009   April 2009   March 2009   February 2009   January 2009   December 2008  

Powered by Lottery PostSyndicated RSS FeedSubscribe