Judgment Free Zone: "Do you think Trump was better for the economy?"
- Thread starter Ozymandeas
- Start date
RickyDiBiase
The Sword of Jesus of Nazareth
Republicans always have been pegged as better for the economy, its a set in stone kinda thing that I don’t see changing in my life time tbh
Scustin Bieburr
Baby baybee baybee UUUGH
Former President Bill Clinton made an astounding claim at the Democratic National Convention on Wednesday night .....
“Since the end of the Cold War in 1989, America has created about 51 million new jobs. I swear I checked this three times. Even I couldn’t believe it. What’s the score? Democrats 50, Republicans 1,” Clinton told the audience at the United Center in Chicago.
.....
Since January 1989, the U.S. has added 51.5 million jobs, U.S. Bureau of Labor Statistics data shows. During Democratic administrations, the nation has added nearly 50 million of those jobs. By contrast, Republican presidents have overseen the creation of some 1.5 million jobs over that period, according to BLS data.
....
In general, presidents exert limited control over the jobs created while they’re in office. Each of the last three Republican presidents – George H.W. Bush, George W. Bush and Donald Trump -- ended his term in office during a period of economic difficulty.
The economy added 23.2 million jobs during the Clinton administration, and another 10.5 million jobs during the presidency of Barack Obama.
Over the first three and half years of the Biden administration, the economy has added 16.2 million jobs.
Why Clinton's claim that Democratic presidents created more jobs than Republicans is slightly misleading
Clinton left out information when tallying job creation by rival parties.
abcnews.go.com
The key issues are inflation(companies choosing to charge more) Monopolies(limiting competition so you have no alternative but to pay outrageous prices) and wage suppression(crushing unionization attempts, outsourcing jobs)
Republicans don't want to go after companies for charging more money for inelastic goods(food, medicine, housing) they don't want to go after corporate landlords either. They won't expand the budget of the FTC so they can sue to break up Monopolies and cartels like Google or Amazon. They won't support unionization attempts or collective bargaining and in fact are the ones pushing "right to work" policies and standing in the way of making non-compete clauses illegal.
The economy is in the hands of a few billionaires who lord over thousands of non unionized workers and can jack up prices because they know you have less or no alternatives. You're not going to get a better economy under a republican president when it's blatantly obvious that they're an anti worker and anti-consumer rights party. Their policy for the last 40 years has essentially been socialism for corporations. They're not even in favor of cutting subsidies to fossil fuel companies or giving tax credits to people who want to buy EVs made by domestic automanufacturers.
The amount of political ignorance and media illiteracy in America is a direct result of years and years of underfunded schools mixed with disinformation and misinformation+ a for profit, views-at-any-cost 24hr news ecosystem.
There needs to be improved federal standards around education and people need to get activated at the local level. Your state representatives CAN access federal funding to improve your public schools, housing, and lower costs of goods in your state. Whether they choose to do so or not is entirely dependent on if you vote for someone who is an unhinged magat who will say and do anything to avoid giving democrats "a win" or if you vote for someone who, republican or not, wants to use that money to give people the things they're saying they need in the state.
Here is the annual GDP in chart form. Other than fukking up the pandemic and giving massive tax breaks to millionaires, Trump had zero impact:
If you prefer bar charts, you can see that the first three years of Trump look exactly the same as the previous years under Obama:
People were just spoiled by Trump getting to piggyback off the tail end of a growth cycle, and the average voter isn't bright enough to break it down.
If you prefer bar charts, you can see that the first three years of Trump look exactly the same as the previous years under Obama:
People were just spoiled by Trump getting to piggyback off the tail end of a growth cycle, and the average voter isn't bright enough to break it down.
Secure Da Bag
Veteran
If you're lov-income, then COVID was a very weird godsend, because the government sent you checks that was probably more than your paychecks. But overall, nope.
RennisDeynolds
I am untethered and my rage knows no bounds!
Only for rich people who got that tax cut 
CashmereThoughts
Veteran
No. The only thing he did that made it seem that way that take Obama's economy and browbeat the Fed to keep interest rates super low. THAT shyt directly lead to where we are now with tech jobs cuts, elevated housing prices, etc.
-Low borrow costs means businesses borrow to expand. They pull back on expansion when money is expensive (as it is now). That juiced the economy which came to it's head during Covid when tech hiring was at it's apex.
-Low borrow costs meant everyone who wanted to buy a home *could* and they could buy more expensive homes than they normally would due to low monthly payments. More buyers = market rate goes up. Interest rates have risen and prices have not come down because for years interest rates were so low that everyone is now conditioned to it. Not to mention with millions of folks getting 2-3% loans, they are not selling them any time soon perpetuating the housing issues. Letting the Fed raise rates when times were good would have curtailed a lot of fukkery.
There is more but those two alone let me know what time it was. Obama's economy was his start. Trumps economy is what we are coming out of.
*Facts, figures, graphs...*
"Nah, I don't believe that. I found some interesting information on Facebook and..."
There are so many times I would hear the "Democrats are poor on messaging" and over time I wondered what the hell that was supposed to mean.
Good messaging means nothing if:
-Media doesn't cover it the same way the headline grabbing, money making posts do (fearmongering over a recession for years when nothing pointed to it instead of celebrating what is good now.)
-Disinformation is coming a thousand ways but there is only one truth. Media literacy is terrible.
-For most people, if gas is too expensive and rent is too high, they do not give a solitary fukk about what work is being done to help in the mid and long term.
If its not immediate relief, it does not move the needle for them so truth is worth less than food for them.
There are bots and algorithms working 24/7 from the USA, China, Russia, etc saying all kinds of shyt and pushing outrage media to people. Its hard to send a message to someone who is used to getting hit with them a million times a day. I can tell you there is a medicare for all bill on the table and it needs to make it out of committee and pass a Republican house. For most people that translates to "Democrats failed to give us something useful AGAIN."
-Low borrow costs means businesses borrow to expand. They pull back on expansion when money is expensive (as it is now). That juiced the economy which came to it's head during Covid when tech hiring was at it's apex.
-Low borrow costs meant everyone who wanted to buy a home *could* and they could buy more expensive homes than they normally would due to low monthly payments. More buyers = market rate goes up. Interest rates have risen and prices have not come down because for years interest rates were so low that everyone is now conditioned to it. Not to mention with millions of folks getting 2-3% loans, they are not selling them any time soon perpetuating the housing issues. Letting the Fed raise rates when times were good would have curtailed a lot of fukkery.
There is more but those two alone let me know what time it was. Obama's economy was his start. Trumps economy is what we are coming out of.
"Hey Guys, here is the truth..."
*Facts, figures, graphs...*
"Nah, I don't believe that. I found some interesting information on Facebook and..."
There are so many times I would hear the "Democrats are poor on messaging" and over time I wondered what the hell that was supposed to mean.
Good messaging means nothing if:
-Media doesn't cover it the same way the headline grabbing, money making posts do (fearmongering over a recession for years when nothing pointed to it instead of celebrating what is good now.)
-Disinformation is coming a thousand ways but there is only one truth. Media literacy is terrible.
-For most people, if gas is too expensive and rent is too high, they do not give a solitary fukk about what work is being done to help in the mid and long term.
If its not immediate relief, it does not move the needle for them so truth is worth less than food for them.
There are bots and algorithms working 24/7 from the USA, China, Russia, etc saying all kinds of shyt and pushing outrage media to people. Its hard to send a message to someone who is used to getting hit with them a million times a day. I can tell you there is a medicare for all bill on the table and it needs to make it out of committee and pass a Republican house. For most people that translates to "Democrats failed to give us something useful AGAIN."
and that was congress. Trump just stamped his name on the 2nd wave of relief checksThat $1200 was LIFE CHANGING
He delayed them checks for weeks to do that dumb shyt
Of course its a Right-Wing account. They don't look at facts, they care about vibes. "Things felt better under Trump" should be their calling card.
