Restoring the Trump economy
Link to quote: Here’s what Trump has promised to do in a second term
In 2017 amid massive resistance, a faux investigation and the impossible plan to repeal & replace Obamacare, President Trump managed to get a tax cut passed as well as implementing some fair-trade deals to protect union workers and American businesses. It is a big part of why he won the last election. Congressional Republicans scheduled many of the provisions of the 2017 Tax Cut to expire after 2025, betting that a future Congress would continue them. That gamble paid off and now they may even be extended and enhanced. In his campaign, Trump proposed several new tax cuts. He said that tips and overtime pay shouldn’t be taxed, for instance, and that domestic manufacturers should pay lower taxes. All of that is now in the mix.
There will have to be spending cuts in order to make the Tax cuts work. At the top of the list would be the end of Biden’s Inflation Reduction Act , which mainly meant funding for both clean energy and the Internal Revenue Service. Ending subsidies for clean-energy industries would also help. Then of course, there is the tariff that Trump proposed for all imported goods. All of these measures should offset the cost of a tax cut.
The President-elect also intends to help the middle class crippled by inflation:
The former president unveiled on the campaign trail several measures aimed at helping Americans afford the cost of living.
He has said he would temporarily cap credit card interest rates at around 10%, which is less than half the current rate.
And Trump promised to make the interest paid on car loans fully tax deductible, similar to the popular existing deduction for mortgage interest. While he argues this will stimulate car ownership, some experts say it will mainly help wealthier Americans who itemize their deductions – and who typically buy more expensive cars.
To assist aging seniors and their family members, Trump has said he would push for a tax credit for family caregivers . Also, he would shift resources to at-home care and end disincentives that lead to care worker shortages, according to his platform.
Trump’s running mate, Ohio Sen. JD Vance , has floated beefing up the child tax credit to $5,000 per child, but the president-elect has not formally adopted that idea.
Here’s what Trump is proposing for the economy | CNN Politics
Any additional economic growth created by lower taxes would help many Americans.
In other news:
Trump picked Robert F. Kennedy Jr to lead the Department of Health and Human Services, overseeing the FDA, CDC, Medicare and Medicaid. He is an outsider who will be replacing a lot of highly educated professionals who lied and misled the American public during the covid pandemic. He would also oversee the National Institutes of Health, which studies diseases and may have funded the experiments at the Wuhan Lab.
Kim Jong-un wants to modernize the North Korean military with drones.
The owner of the LA Times has fired the entire editorial board. He said, "we conflated news with opinion."
A soccer game between France and Israel proceeded under heavy security after recent antisemitic attacks in Amsterdam. France has many Muslim residents living in enclaves throughout Paris.
Nearly three quarters of US adults are overweight or obese, according to a sweeping new study. That number has increased steadily over the past three decades. Processed foods are to blame.
The ice cream maker Ben & Jerry’s accused Unilever, its parent company, of trying to prevent it from supporting Palestinians.
The Onion, a satirical publication, won a bid to buy Alex Jones opinion piece " infowars " at a bankruptcy auction. If the sale goes through, The Onion plans to turn Infowars into a parody of itself.
Democracy Forward, a liberal legal group, is planning a flurry of lawsuits to thwart Trump's second term agenda (aka the will of the people)
Doug Burgum, the governor of North Dakota who ran for president this year, is Trump’s pick to lead the Interior Department. Burgum, who is close to fossil fuel executives, will most likely help to open federal lands to drilling.
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Good morning
News from NYC
A Big Apple migrant armed with a loaded AR-15 assault rifle and his Mexican cartel pal are both back on the streets — despite allegedly ganging up on NYPD cops at a Bronx subway station.
Abraham Sosa, 20, a migrant living above a Bronx day care center, was hit with assault, gun possession, resisting arrest and trespassing charges after being nabbed urinating in a subway tunnel on Nov. 5 — while lugging the assault weapon in his backpack, according to sources and records.
His pal, 21-year-old Christopher Mayren, allegedly jumped into the fray when Sosa got into a scuffle with New York’s Finest, leaving two cops injured, according to a criminal complaint.
“This is crazy,” one frustrated Bronx detective told The Post Thursday. “You have a member of a Mexican cartel running around. That tattoo is a billboard for ‘I am a criminal. I don’t care about your laws.’
“Can it get more dangerous than riding a subway with a loaded rifle? And when he’s not on a train, he’s upstairs from little children in the day care center,” they said. “These are two very dangerous scenarios.”
It was not immediately clear if one or both of the suspects are in the US illegally.
According to police, the melee unfolded after Sosa strolled past a “No Trespassing” sign at the Kingsbridge Road B and D train station around 4:30 p.m. Nov. 5.
Cops spotted him urinating in the subway tunnel and questioned him.
“Really?” Sosa allegedly told the officers, according to a criminal complaint. “For using the bathroom?
“I hurt my ankle,” he told the cops. “Let me show you my ankle.”
But when police started to handcuff him, Sosa allegedly went nuts and fought back — and Mayren jumped in and started fighting with the officers, knocking two of them to the ground.
Both men were busted and charged, and arraigned in Bronx Criminal Court the following day.
However, Mayren was released without bail and Sosa was sent to Rikers Island on a $25,000 bond — which he posted on Nov. 12, jail records show.
Both are due back in court on Dec. 9.
Migrant with loaded AR-15, suspected Mexican cartel member freed from jail after alleged assault on cops
Do white people ever commit crimes in your world Vic ?
One would never know it.
Legal ones do, yes
Oh yes, they do...
AND THEY GET PUNISHED FOR IT!
Btw, how do you know this guy isn't white?
Badfish used to do the same thing you do. He would regularly post stories about crime often accompanied by photos of the perps. Somehow the white criminals never made the cut .
Notice I didn't post a picture.
Btw the point of the story is that he assaulted police and was released. Am I to believe that you are ok with that?
Is everything about race? Let me help. The answer is no. Also note that the author never said anything about race, that would be you. And the reason for the story is not about race no matter how much you try to make it so
I just asked him why all his articles about crime feature people of color. Does that offend you?
He is talking about racial discrimination against whites. He wants tangible reparations for white people.
Are you saying that this guy is a person of color?
Could you show us?
It is called the equal protection clause.
It is in the Constitution.
Why do you always seem to support criminals of color?
Is racial discrimination against whites OK?
He never said it was a person of color. Can you look at anything and not try to interject color into it, even an article about attacking cops and not being stuck in jail? Unless of course your conjecture is people of color are the only ones that do that.
I dont believe Vic thinks that is a white person.
That's what he arguing.
We have to remember that the "bylaws for liberalism" state that if a Hispanic is one they don't like, then that Hispanic is considered white and put into a lower category to them. Maybe even labeled as a supremacist.
If the Hispanic is one in which they like (criminals being a prime example) then they are considered a "person of color" and put on a higher pedestal.
Like how they started using the term "white hispanic" to attack Zimmerman.
Exactly that...
There is an article on here with postings of photos and crap from Reddit very similar to the fish. Hmmmmmm..
Yet he didn't mention it and it is not even part of the story. It is only about race if someone wants it to be about race which you were kind enough to confirm
restoring the trump economy = destroying the biden economic comeback from trump's incompetent mismanagement of a global pandemic ...
They bought it in 2020.
They knew better in 2024.
He'll be too busy paying back putin and others........
'Just one week has passed since Donald Trump’s electoral triumph, and already Russian President Vladimir Putin—one of the strongman leaders Trump admires most—is messing with his head.
First, Putin waited two days before congratulating Trump on his victory . One can imagine Trump receiving phone calls from kowtowing leaders the world over—Ukraine’s Volodymyr Zelensky, Israel’s Benjamin Netanyahu, the Palestinian Authority’s Mahmoud Abbas, the chief of NATO, the European heads of state—all the while wondering about the man whom he’s admired publicly and privately for the past eight years: When is Vladimir going to call?
Then, in response to Trump’s claim that during their phone call, he asked—in some accounts, warned —Putin not to escalate the war in Ukraine, a Kremlin spokesman denied that the two had spoken on the phone at all. (Putin issued his belated congratulations at a news conference.)
The final twist of this saga came on Monday when Russia’s intelligence chief, Nikolai Patrushev , made the following comment in an interview with the Moscow newspaper Kommersant:
This is a mind-blowing bit of psychological warfare! The Russians are basically telling Trump: We put you in office. Now it’s time for you to pay us back.
Here is a different link to the same article
I only post truth and facts.
Trump's 1st economy was the coattails of the successful Obama economy, momentum kept it going until towards the end of Trump's administration where it was taking a downward turn.
Trump's 2nd administration's economy will be the momentum of Biden's economy until Trump's policies cause it to start a downturn.
I think that's called click bait propaganda. I wonder who it's aimed at?...
What the fuck are you talking about?
It's the truth as you can see by the multiple sources provided.
Also, you can go back to ignoring me. I prefer that.
I prefer that you go back to ignoring me.
Sure, just stop posting...
I think most do no matter if there are posts or not.
Nope.
‘It's the truth as you can see by the multiple sources provided.’
Can you provide a source that is reliable and not left wing nuttery?
So, you commenting on my every comment most days is ignoring me.
Got it!
You mean the Obama economy that was the slowest and longest recovery from a recession ever? That economy?
Leftist revisionist history is wonderful. Facts mean nothing.
As for your Covid BS. Trump left it up to governors to decide how to handle it. Democrats responded by shutting their states' economies down. But that is all Trump's fault right? That Democrat controlled bastions of stupidity purposely damaged their state's economies to harm Trump.
"It worked right" to quote Harry Reid after purposely lying about Romney's taxes to win an election.
Which president mismanaged Covid more?
Trump didn't have the benefit of the three vaccines- which his administration rushed into production; or the therapeutics that Biden did. Yet more people died under Biden's watch. Guess Joe really sucks at his job.
Also, name one damn country that handled Covid well. Answer there isn't one. Covid wrecked every country- including the left's wet dream China.
Biden's economy sucks shit. It has been on the precipice of recession for years. The economic downturn you are complaining about, along with inflation, high gas prices, shortages, etc occurred under Biden's watch.They are a direct result of his policies and Democrats of a wide open border bringing in millions of illegal immigrants that needed to be cared for; Covid give aways that were extended far too long; Biden's illegal tuition debt forgiveness programs; war on energy; government bloated spending in "Build Back Better" and "The Inflation Reduction Act"; funding the proxy war in Ukraine (along with putting US troops in countries bordering Ukraine); the proxy war in Israel vs Hamas, Hezbollah, and Iran; and deploying three fourths of the US fleet in the ME to protect Israel and trying/failing to protect international shipping lanes in the Red Sea.
Inflation is creeping back up again because they lowered interest rates too soon and too quickly; while the government continues to spend like there is no tomorrow.
But keep spinning the lie that Biden's economy is great. It is what lost Democrats the election; so the majority of voters aren't fooled.
Trump inherited a great economy from Obama and then proceeded to run it into the ground in numerous ways.
The myth of Trump's "great economy" is just another Trump lie.
Trump supporters are just too dumb to do the research.
It was great possibly the best ever until China unleashed Covid on the world. Your memory seems a bit clouded.
He did have a great economy until about March or April of 2020 when COVID became a real problem.
Obama had nothing to do with Trump's economy.
Let me guess.
When Trump once again, with his policies, brings the economy out of the tank, we are sure you are going to say he coattailed off of Biden and his "great" economy.
Leftists are too predictable.
Not true - and it would be your memory that would be a bit clouded.
It was his ignoring co-vid until it was pretty much a full blown pandemic and the tax breaks for the rich etc.
I would agree with you but then we would both be wrong.
it’s extremely true and you know it.
Extremely true - lol
Wrong. Not true.
S peaker Emerita Nancy Pelosi (D-CA) has filed for reelection in 2026 , setting the stage to one again become a key anti- Trump force.
The 84-year-old filed a statement of candidacy Thursday with the Federal Election Commission after winning a 20th term last week. A spokesperson for Pelosi declined to say whether she is running for reelection, but the paperwork is an early indication of her intentions ahead of the next election.
Pelosi sets stage for 2026 reelection run to return as Trump antagonist
A Trump-hating evil old bag till the bitter end.
She needs to take her ill-gotten gains and retire to a nice warm climate.................of course, if she did, the ambient temperature would drop by 10 degrees.
I agree. End the grievance and enjoy life.
of course, if she did, the ambient temperature would drop by 10 degrees.
Maybe then I could put aside the blemish she put on her heritage.
She is 6 years older than Trump , but intellectually and morally about 600 years beyond him.
Really?
A person who forced representatives to drop the concerns of their constituents as well as their own ideas and vote as one, whatever the Speaker asked them to vote for?
A person who made millions from insider trading?
A person who used two faux impeachments against a sitting President?
A person who ran to San Fransisco's China town at the onset of the pandemic because she thought the President trying to respond was racist?
I have to question the rationale of that.
That’s because their is nothing rational about the comment in question.
Like Trump telling republicans to not vote for a republican authored bill?
Like a person who made millions illegally with his position in government?
Are you saying it should be okay for a sitting president to be able to threaten an outside nation to interfere in an election? Then when that doesn't work to incite an insurrection?
You don't think those should be impeachable offenses?
First of all, Trump is racist. 2nd, is that worse than causing the unnecessary deaths of thousands of Americans because of his ineptitude of responding to the pandemic?
And I have to question the rationale and hypocrisy of a person being fine with almost identical actions by a republican but condemning them for a democrat.
BTW, you may notice that every statement I made has a link to support it. If all you can do is respond with a nuh uh, please do not bother. It would be a waste of everybody's time and just make you look foolish.
The bond market is having a fire sale on Trump's economic plans on the idea that Trump might, in fact, cause interest rates to rise again.
Did you see that inflation is up again?
Inflation's up again. Here's what it could mean for mortgage interest rates.
in fact, cause interest rates to rise again.
Why the hell was the Fed in a damn rush to cut rates?
To help Biden/Harris.
Bingo.
Perhaps Trump isn't the economic hero you want him to be? His ideas look like a precursor to increased interest rates and a recession.
He does have a tall order in front of him. Time will tell.
His ideas look like a precursor to increasing interest rates and a recession.
Two things that kill inflation. Let us hope we don't need that.
keep your eye on what warren buffet is doing now ...
Admittedly I know next to nothing about these things - looking into it, I see he's selling a lot of his Apple stock and Bank of America and building up his cash reserves (???).
Should I see if my IRA account invests in either?
Good grief, Vic.
source: tradingeconomics.com
Look where inflation is now in context of the last 10 years. Now, given the fluctuating rate of inflation went from 2.4% to 2.6% (the wrong direction, we want to get to 2%) but in the big picture, this is still a historical norm ... even with the Trump years.
So what specifically will Trump do to reduce the inflation rate?
Beyond the Black and white of Democrat politics, the rest of the world is preparing for Prez 47. Trump's mandate is a perishable asset and Trump seems be trying to whip Republicans in line with his mandate while it lasts.
Bond investors have sent a clear message that Federal deficits matter. Or, maybe, they're trying to make investing in America too costly to compete with China. Financial finaglers will try to position themselves to exploit opportunities (without actually having to do anything) so they can grab any prosperity before the common folk have a chance. Looks like somebody needs a haircut. Will Trump jump to crypto?
Biden is making a 'Hail Mary' effort prop up his puppet, Zelensky. Will Biden empty US stockpiles before Trump can stop it? At this rate our military will need to raid the civilian stockpile if there is any fighting to be done. Europe certainly won't be riding over the horizon wearing white hats. Germany has fallen and can't get up. Emmanuel Macron is not Charlie Hebdo and Ukraine doesn't need submarines. The UK is distracted by an imploding monarchy. And some of the old bloc are reacquainting themselves with their history written in Cyrillic. And Trump is supposed to save this mess?
Democrats are trying hard to avoid becoming irrelevant. So far, they're failing. DEI won't save the party now. Just think, the midterm elections fall on the 250th anniversary of the Declaration of Independence. With Trump in the White House. Hard to imagine Democrats marching around in tricorn hats but desperate times calls for desperate measures. Democrats trying to win midterm elections by bad mouthing America on a patriotic anniversary doesn't seem like a winning strategy. Democrats are going to have a difficult time regaining relevance.
Trump is inheriting a damn good economy, just like he did in 2016.
I bet you'll be laughing all the way to losing another 3 million jobs while that fat fuck golfs every day.. LOL
You expecting another pandemic?
People going back to work after forced shutdown's is not increasing jobs. But you go on with the fiction.
Fauci was able to create a virus with the Chinese under Obama, how much easier would it be to create another under a senile old fool like Biden?
The funny part is there are still people fucking stupid enough to believe it came from the wet market.
Good point.
The funny part is there are still people fucking stupid enough to post claims they don't have any evidence of and most likely never will. Both lab and market scenarios are possible and you will never know definitely where it came from. Oh...and that lab got it's virus samples from that market for study. I got that from the virologist who was the first person to claim a lab leak was probable.
[ deleted ][ ✘ ]
Save your breath. Fauci spent a lifetime protecting the public from viruses but trump says he's bad and they gobble it up.. Really makes you sick.
He may have helped create the covid epidemic.
trump was instrumental in bringing covid to north america.
How? by blocking flights from China after the virus was already here while the retarded Democrats called him a xenophobic? Or by allowing American citizens to travel back home?
'trump was instrumental in bringing covid to north america.'
Ya. And responsible for 100s of thousands of deaths, if not more.
infected citizens, without quarantining them after arrival ...
So he should have imprisoned US citizens without due process but was a xenophobic for blocking non-citizens. TDS is a horrible affliction.
Too bad there's no vaccine against maga.
How so? When he tried to stop flights from China the left screeched ‘racist’, not unlike they do constantly today.
And Biden was responsible for far more. What’s your point?
If there was this country would be a real life ‘idiocracy’.
If you haven’t seen the movie to see what liberalism can do to a country, I suggest you do. Maybe it can act as a wake up call.
didn't trump claim in 2020 ...
no doubt. I'm surprised some maga entrepreneur hasn't marketed knee pads and plastic bibs with velcro straps, now that the trump flag biz has cratered ...
Trump was wrong, shocking right? So how many Americans did Fauci kill by lying about masks?
Which one of Fauci’s recommendations did Trump not follow? Be specific.
There is a distinct difference between trump and senile grandpa, Trump had to start from scratch with no idea how bad it would be, Biden had treatments and Vaccines his entire presidency and still mismanaged it into more deaths than Trump.
Not true.
“Too bad there's no vaccine against maga.”
But there is.
Not an inoculation, but in building up an immunity against the virus of hate and division. Not an easy task, but it begins by holding them to account through our collective voices and holding true to our country’s values, ideals and promise.
No room for resentment as that leads to resignation. (hence the entire maga movement)
Time to stay engaged, get involved, and never, ever stop working to expose the lies in embracing the truth. Too many societies have succumbed to less threatening consequences…so let us not forget those examples and use them as inspiration in fighting for our rights, every one’s rights. Peace.
The movie Idiocracy is not about liberalism ruining a country.
That’s not the story line but the consequences of liberals running the country
the virus of hate and division.’
Hence the ass whooping Harris and her supporters took.
Does ‘you’re a racist, nazi, fascist, white supremacist, Hitler’ bring back any memories?
Hate and division is all they have.
America suffered 400,000 deaths during the Trump admin, where there was no vaccine until close to the end of his term.
Biden admin COVID deaths are over 1 million and he had a vaccine his entire term.
Prove me wrong
PD and D is all you have
“Does ‘you’re a racist, nazi, fascist, white supremacist, Hitler’ bring back any memories?”
Not to me. And it shouldn’t to you, unless of course, you somehow bought into that notion being constantly spoon fed to you.
Not surprising since, because of your ideology, you were not on the receiving end if the name calling. Hell, it happened right here on NT, with garbage and nazi being the two most used names against NT members.
The truth is the truth
And what is your truth?
The truth.
I see. So you didn't buy into that nazi, garbage rhetoric? Good for you.
You forgot to put the s/ after your response
Get real. He tried to stop flights from coming in from China but was deemed racist.
Repeating what someone else said in a different way doesn't make it true.
What did I repeat and from whom? Keep trying.
No need. I'm correct. Dev. is correct, as always
If we look at the graphs in comment 6 you’ll see that it is quite evident that Biden’s numbers are much better than Trumps.
What did I repeat and from whom?
After the vaccine became available the majority of deaths were non vaccinated people and the unvaccinated majority were conservatives. In this case you can offer the vaccine but you can’t made dumb asses take it.
Hard to believe so many dumbasses survived..../s in case it's needed
It was Trump who belittled masks not Fauci.
we won't have to worry about that next time, if RFK jr gets confirmed. anti-vaxer maga, amf ...
Nancy Pelosi won't allow the reelection of Joe Biden -- even with those bogus numbers.
97 pct of the national debt has been created since Ronald Reagan was inaugurated. 68 pct of the national debt has been created since Barack Obama was inaugurated. (Over two thirds of the national debt has been created by the last 3 Presidents over the last 16 years. Let that sink in.) Joe Biden, alone, is responsible for 19 pct of the national debt and his final numbers aren't in yet.
Joe Biden presided over a record decline in labor force participation. And the number of workers still hasn't recovered. (So, how does this fit with your unemployment data? Something doesn't add up - and - I have a reliable source.)
Joe Biden presided over a huge spike in inflation. And inflation is still higher than any time during Trump's time in office - including the pandemic.
Joe Biden presided over the largest trade deficit the country has experienced over the last 32 years. Even those cheap imports didn't help lower inflation.
Joe Biden's record doesn't look that great out here in the real world. That's why Kamala Harris didn't want to talk about her incumbent legacy. The country wants to return to the economic levels before the pandemic, when Donald Trump was President. Joe Biden and his Democratic Congress had other priorities and that shows in the real world data.
So why did he have to step down?
Vaxxed Americans- He should thank Trump for instrumentally getting the vaccine available his entire term, where Trump only had it available for a few months of his term.
Schools open- Leftist governors kept their schools closed far longer than any red city/ state. Even the leftist teachers unions fought to keep schools closed longer. They finally had no choice when parents started rebelling against those idiots.
Unemployment- Many leftist cities and states shut down far longer than any red city/state. Florida was closed only 2 or 3 weeks then back open again. Most blue stated shut down for months. That is where the majority of your unemployment came from. When the rate started coming down it was because blue cities/ states opened and people were finally able to go back to work. Biden had zero to do with the UR rate.
Child poverty- you are going to have to show proof of that
Foreign wars- we are in proxy wars with Russia and Iran. We were in zero wars when Trump was in office
Economy- the biggest reason why Biden/ Harris was tossed out of office. The American people should did not think we have the best economy ever.. .
What does the typical Trump supporter think Trump will accomplish in terms of the economy?
The GDP is great. Wages are in good shape. Unemployment is at a normal rate. Inflation is at a normal rate. Interest rates continue to lower naturally. Artificially inflated prices will give way to market forces.
So what, exactly, is Trump going to do? Make the stock market continue to break record highs? Magically reduce consumer prices??
He could do nothing other than give the claimed (in quote) tax break to the middle class (will not do much for those making less given they are not paying taxes). (Not convinced the middle class will see a tax break.) So where does that money come from? Tariffs?
Quite seriously, what is wrong with the economy and the direction it is moving right now and, if you identify what is wrong, how exactly do you think Trump will 'fix' it?
3rd Quarter GDP increase was 2.8%, below expectations and below historical averages.
Wages increased 1.6% from October 2023 to October 24, less than inflation.
Unemployment is at a normal rate
Only 12,000 jobs were created in October. The worst since pandemic.
Inflation is at a normal rate.
No, its at 2.6%, significantly above average, and trending in the wrong direction.
You can see Democrats trying to build the myth of a "strong economy" despite the actual evidence.
I don’t understand how some just can’t see that
Because it's all true. No myth involved.
Can you disprove what Sean posted?
True. No myth involved.
So what? Fluctuations occur. The GDP itself is doing great.
So what? Fluctuations occur. The unemployment rate is normal.
2.6% is within normal historical bounds. 2% is ideal. You might have a point if inflation were 4% and above. And what, specifically, would Trump do to address inflation?
Your argument is like looking at a rising stock and criticizing it due to hourly or daily fluctuations. It is a bullshit denial of reality. It is an attempt to create a problem for political purposes.
Can you prove Sean wrong?
Exactly what I expected. Ignoring reality as expressed in data in favor of blaming bad trend lines on amorphous, meaningless terms like "variability"."
When numbers are good, democrats cite them. When they aren't, they are dismissed as variable. It a version of the non-falsifiable argument democrats rely on in pretty much every sphere.
Stop with the bullshit Sean. You have nothing.
You cannot make the case that our economy is bad because it clearly is not bad.
Apparently how you view the economy and a majority of Americans view it is different.....
Apparently, you cannot answer the question
Explain then what you believe the majority of Americans (the majority of the electorate maybe) consider to be the key factors of the economy that are bad.
Explain then what they (or you) believe Trump will do to address these bad factors.
the major drug companies started working on the vaccine 7 months before the incompetent buffoon could admit there was even a problem ...
Rising prices and illegal immigration.
He's going to crackdown on the illegal immigration. As far as prices, I've already said I don't think most working class people see prices falling significantly, they're hoping that wages rise enough that they can afford to live with a little cushion.
Illegal immigration is a different point. I asked about the economy.
You acknowledge that Trump is not going to do anything to help with rising prices. So anyone who voted for Trump thinking he would magically fix prices were duped by Trump.
You think that those who knew Trump cannot magically lower consumer prices were instead hoping he can magically raise their wages. (He did not even claim that.) The closest Trump came to this is his promise to remove taxes on tips and overtime (an estimated $1 trillion hit on tax revenues). That, if done, would increase take home pay but not increase wages. Harris also promised to remove taxes on tips.
How, specifically, does a PotUS cause wages to rise? Wages are also a market; wages are not set by government. And if Trump could magically raise wages, how does he prevent consumer prices from raising as a result?
In your view, the problem with the economy per Trump voters is that prices are too high yet Trump cannot fix that problem. So they voted for Trump on the hope that he will raise wages (and not cause a rise in prices).
Thus Trump supporters ignore all the sound, positive factors of our economy and deem the economy bad merely because of prices but they do not think Trump will do anything on the economy other than magically raise their wages? Yet they vote for Trump with the economy as one of the key factors.
Do you find that to be rational?
How was Harris going to fix that problem again?....
Yep, amazing what an actual record of doing such things counts for huh?
She didn't know but it was going to be on day one
And what was the mortality rate Blue VS. Red state?
She was not going to fix prices across the board. Harris stated that she would go after price gougers ... enterprises who have artificially inflated select prices. This is a very targeted legal action. Not fixing high prices across the board.
What is amazing is that you actually believe that Trump fixed consumer prices or interest rates.
Ahhhhhh. a well known leftist deflection tactic.
Your fact free meme claimed that Trump only had 46 percent of schools opened and Biden got 99 percent. Because I correctly explained to you why that was, you want to move goal posts.
Sorry, my original response was what was needed and accurate and stays as is. Nothing else need be said.
It really doesn't matter, does it? The FACT remains that there were more than double the amount of COVID deaths during Biden era vs Trump era.
If the numbers were reversed, you (collective you) would be screeching to the top of the sky that Trump was one hundred percent responsible for every one of them.,
Who the fuck said that?
As determined by whom?...
Follow this:
You try to be vague but this time you run up against context. Trump has no record of magically making consumer prices palatable to the American people.
Now, you can set the record straight. Do you acknowledge that Trump cannot fix the problem of high prices across the board?
One would expect that she would organize an initiative and place someone in charge. No way to know since she was not elected.
I haven't made either of those claims so....
Huh? You would think someone with a truncated campaign would try to accurately get their message out.....
So you do acknowledge that Trump cannot fix the problem of high prices across the board.
Do you find it to be a shame that any voter would vote for Trump under the misconception that he was going to fix the high prices?
The message obviously got out, we are discussing the message. Her message was that regarding high prices, she was going to go after price-gouging on legal terms. She could have said that she would fix prices and leave it at that (which would be a very poor choice). But she stated clearly her approach for dealing with higher prices. It was sensible since she did not promise to magically change the dynamics of supply and demand but rather would target artificial inflation (price-gouging).
You, however, were asking details about how Harris would implement her message. Since when do politicians provide the detailed mechanics of their campaign promises? Never. So why do you expect this of Harris?
I foresee a Hillary 2.0 "everyone's else but mine fault" tour beginning in 2025. I wonder what the speaking fees will be and if she will use it to pay off her 20 million dollar debt.
I don't expect anything of Harris, she lost...
So you can't answer the question?
Quite an inelegant dodge.
Obviously you have no rebuttal.
There's nothing to rebut. She's no longer relevant...
Move that goalpost.
Obviously.
Dodge, Dip, Duck, Dive, and Dodge.
lol
Ha, I'm not the one moving it....
Indeed you are....
How so? What relevance do you think Harris has to a political conversation at this point?...
No….i answered it correctly and factually. Not my problem you dont see it..
What does the typical Trump supporter think Trump will accomplish in terms of the economy?
The GDP is great. Wages are in good shape. Unemployment is at a normal rate. Inflation is at a normal rate. Interest rates continue to lower naturally. Artificially inflated prices will give way to market forces.
So what, exactly, is Trump going to do? Make the stock market continue to break record highs?
He could do nothing other than give the claimed (in quote) tax break to the middle class (will not do much for those making less given they are not paying taxes). (Not convinced the middle class will see a tax break.) So where does that money come from? Tariffs?
Quite seriously, what is wrong with the economy and the direction it is moving right now and, if you identify what is wrong, how exactly do you think Trump will 'fix' it?
If that were true, Biden would never have been forced out and would likely have been reelected despite all the insane woke shit he forced onto the country.
So what, exactly, is Trump going to do?
Again, assuming your hypothesis is correct, he would do what Bill Clinton once did with the Reagan economy. Simply, don't screw it up.
He could do nothing other than give the claimed (in quote) tax break to the middle class (will not do much for those making less given they are not paying taxes). (Not convinced the middle class will see a tax break.) So where does that money come from? Tariffs?
There is something even more important. It is called restoring energy independence. We know he is going to unleash the energy producers again and I'm sure he will also replenish the strategic oil reserve, but I hope he also gets more oil refineries built. Our trade policy should be based on protecting our workers.
Quite seriously, what is wrong with the economy and the direction it is moving right now
Kamala Harris had her brains beaten in trying to sell that.
And btw inflation has recently risen again, and private sector employment (the important kind) is down.
But it is true. These are facts. You are fantasizing a problem for Trump to fix that does not exist. So what will Trump actually do here?
The USA exports more crude oil and refined petroleum products than we import. And we continue to increase our exports of crude oil.
If we want to be independent of foreign crude oil, we need to retool our refineries from using the cheaper sour crude that we import to using the sweet crude that we export. We have plenty of oil, we just do not have the ability to process all that we need due to our historic choice to import sour because it is cheaper than using our own sweet.
So what will Trump actually do here?
Our inflation and unemployment levels are within the historic norms.
So what will Trump actually do here?
Do you understand that if he pursues his gratuitous, excessive tariffs that he will spike inflation? Do you recognize that?
What, specifically, will Trump 'fix' in the economy? All you have done is deny economic truths. What actual problems will Trump fix?
Drill baby drill apparently
is the question and the answer
But we do not have a problem with domestic oil. Our crude exports are at an all time high.
I know that
Why is the SPR still so low?
And inflation rates still double what Trump had went he left office.
Covid did that, not Biden.
Please...
A little of it, yes, but we all know if Trump were in office when interest rates hit 9 percent, leftists would be screaming for his impeachment.
Wait, so trump gets to blame covid for everything, but Biden can't? STFU..
Well he obviously has, so...
You haven't been able to answer a single point I made.
That is why democrats got beat.
What a pathetic tactic to absurdly declare that your points were not rebutted. Just amazing.
Anyone reading my rebuttal @7.1.1 would see that I directly addressed your post with supporting links.
What, specifically, will Trump 'fix' in the economy? All you have done is deny economic truths. What actual problems will Trump fix?
Indeed...
Standard operating procedure from Trump and his minions. Double-down and say that you won. Ranks right up there with "Know you are, but what am I," and "Nuh-uhhh."
If one spreads enough bullshit on it, some can even start to believe it's true.
Biden declared war on fossil fuels and all but shut it down for 2 years. When the 2022 midterms came, he changed course because gas prices were through the roof. Then he started turning to Trump's energy policy. We had inflation for one reason - Biden's spending. Inflation may have come down from the high he created by food prices have not. You are telling us the Biden economy is all good on the one hand and that you can't conceive of how Trump will fix it on the other hand is a bit rich.
The worst part is that when you tell working people that butter at $7 per pound is a good economy, you are insulting their intelligence.
Only congress can declare war.
“When the 2022 midterms came, he changed course because gas prices were through the roof.”
He also started to drain down the strategic oil reserves to bring down gas prices, which is a far cry from what the reserve was intended. Complete foolishness
[deleted] [✘] Deny all of the obvious reasons for and occurrences that caused inflation and blame it on the one that you made in your fantasy self-fulfilling-prediction world. You just go on and keep believing, [deleted]
Well, here is your chance to shine. How is he going to do it?
Snicker. Who's having their intelligence insulted by whom? Your (and presumably the rest of MAGA voters) inability to disambiguate prices for commodities from the economy as a whole shows that we need better public education. The market which you are always kowtowing to in reverence has set the price of butter et al. and Trump can do no more than Biden did to control it. You blame Biden's IRA but that had nothing to do with it because the price peaks had already passed before it did.
[deleted] [✘] but the sooner you realize that you have been played for the fool the sooner you can stand with your mouth agape as TrumpCo runs us all over.
Face the facts, Vic. Stop denying facts.
Spending does indeed contribute to inflation. But Biden spent less than Trump did in his four years. It is absurd to ignore the effects of the pandemic and blame everything on Biden especially when he spent / borrowed less than Trump:
It is also a fundamental failure to ignore that inflation was not limited to the USA. Worldwide prices spiked in response to the pandemic.
But you ignore all this and dishonestly blame this on Biden. Do you not recognize the fundamental failure of logic?
What, specifically, is Trump going to do to lower consumer prices? Let's hear it, Vic. What is Trump going to do about food prices? What magical powers do you think Trump possesses?
What an amazing display of dishonesty. I argued that the economy is in good shape in response to your claim that it is not. I then asked you to identify, specifically, what you believe is bad in our economy and then how Trump is supposed to 'fix' it. You totally misrepresented what I wrote. How dishonest!
Prior to this I argued that our economy is in good shape. That is why I quoted 'fix' and why I asked you what actual problems Trump is supposed to fix.
So let's hear it, Vic.
What, specifically, is Trump going to do to 'fix' the economy that you (and he) claims (against actual fact) is in bad shape?
What??
Obviously...
Psst….Article today stating that Trump will inherit the greatest economy in the last 50 years.
You will not see dancing in the streets from our right leaning members but you will see logic being thrown under the bus.
Spot on!
This is a great video that explains the oil import and export situation. I have explained this numerous times but this video goes into great detail and expresses it in an easy to understand fashion.
Before you go off talking about energy independence, it would be very wise for you to familiarize yourself with how this works. It will also help you understand the lunacy behind Trump's ridiculous ' drill, baby, drill ' mantra.
( you will need to click the link to display this on YouTube )
This is another source (there are many sources):
You can lead a horse to water...
[deleted][✘]
You are quite correct and I have no expectation that Trump supporters will take the time to review these videos and for the very few who do I expect nothing but crossed-arm nuh-uhs.
I hope that I am wrong, but given they just put Trump in the White House, I suspect (unfortunately) that we are both quite correct in our assessments.
People really should know this though. People should understand at the very least that the US refineries were designed to process the cheaper-to-acquire sour/heavy crude. The majority of our refineries are set this way and it is cost prohibitive to retool them to process our domestic sweet/light crude. And even if they did, it still costs more for us to harvest our own sweet/light crude than it does to purchase sour/heavy crude from international suppliers.
We are as energy independent as we could expect to be. The best way for us to continue to full energy independence is to migrate to renewables. The other approach (migrating to sweet/light crude) is counterproductive, crazy-expensive (the reason it has not been done), taps a limited natural resource, and contributes to the looming threats of climate change.
"Drill, baby, drill" is brain-dead stupid. Trump is a buffoon.
EIA Confirms Historic U.S. Oil Production Record
S&P: US heads into 2024 producing more oil than any country in history | Oil & Gas Journal
And yet a majority of the population believed the lies by one candidate that the sky is falling unless we elect him again.
Day One; "Drill, Baby, Drill"
Sheer unadulterated nonsense; you have made the case many times over the past decade that US oil companies buy or lease drilling rights that they simply have no time or desire to use. The oil market is humming along like a perfectly balanced electric motor.
I heard a news report on NPR about an expected production surplus of 1M barrels a day next year.
Which we have to export or swap for what we need.
The government can't create a great GDP, legislate wage increases, and create jobs without shifting the burden onto taxpayers. The government cannot provide a record stock market without dumping cash into the parasitic financial sector. Joe Biden tried to create prosperity using a magic money tree. But only the gullible believes prosperity that depends upon the government credit card is sustainable.
The United States is not producing new domestic wealth using international trade. The US is running a trade deficit which devalues wealth in the US. We've been using public debt to offset the effects of trade deficits but the national debt has begun increasing at a much higher rate. The rest of the world won't allow the US Federal debt to consume the global economy. The US has to kick the debt habit and revive real wealth creation in the US economy. Trying to revive the economic engine of wealth creation in the US will require increasing tariffs while lowering domestic taxes.
Biden kept Trump's higher tariffs and raised taxes. Supposedly that would increase government revenue to pay for all the social spending that's responsible for Biden's artificially great economy. But that did not happen. Two thirds of our national debt has been created over the last 16 years under 3 Presidents. Joe Biden, alone, is responsible for creating 19 pct of our national debt and his term isn't finished yet. The available data speaks for itself.
Why would the national debt increase by 19 pct when the economy is so great? A great economy doesn't need to be propped up by Federal debt.
When you cherry pick data, or provide irrelevant charts, your credibility suffers.
I think we're past the point where any Trump supporters can be convinced that the economy is good.
most don't do their own thinking, they rely on trump to tell them what to think ...
Your certainly past the point of convincing someone who is working class that the economy is good...
And you're doubling down. Interesting...
what has trump ever done for the working class besides sell them overpriced junk ?
Is it partisan blindness or simply a refusal to admit an inconvenient truth?
It's ignorance and arrogance = agnorance
It's like President Obama said, they cling to their ignorance - and hate and white supremacy
It appears to be what defines them.
Possibly but we are years past the triggered be able to deal with reality of anything involving Trump. It’s Groundhog Day in here watching the usual suspects attempt to deny, deflect and gaslight reality related to Trump.
Regardless of the undertow in here, Democrats unconditionally refused Biden by giving him the boot. The electorate rejected Biden 2.0 by electing Trump via the electoral college and popular vote in 2024. Handily.
Most people are not stupid. They experienced “the best economy in 50 years” every day at the bank, at the grocery store, at the gas station, at the etc, etc …. And refused it ….. handily.
Gaslighting only works on the dim. Some will just never make that connection.
According to your source, 6 of the 10 states with the highest death rates were blue states at the time.
Now, because some of those states are now red or dark purple after the recent election and were considered blue prior to, the left will try and claim they were red states during COVID.
you mean the states that have indoor plumbing and no wheels on their homes?
No, the states that can't define a what a woman is and smell like weed no matter where you go.
Nailed It!!!!
Nailed it!
What will people experience in this newly 'returned' Trump economy?
What specifically are the defining characteristics of this romanticized Trump economy and what, specifically, will Trump do to make this happen?
When Trump won the first time, the stock market over reacted for about 72 hours before retreating.
The graphs show no change in the economic trajectory he was handed until they fumbled COVID
This time it was similar. The stock market has already taken back the gains of the last week.
The trajectory remains improving, slowly and steadily, the Fed hesitates to change the interest rates.
Current wage growth exceeds current inflation but it will be many months before wage growth can erase the price increases from the 9% inflation damage because sellers, rarely if ever, will reduce prices to what they were. They will simply keep the excess profits and in the short term and credit whoever is in office.