Trump 47 Economy
![[Post New]](/jforum/templates/default/images/icon_minipost_new.gif){kind=icon}
Anonymous
In the '60s and early '70s, between 50 and 55% (a majority) of US households made ends meet with only one breadwinner, typically husband working, wife not working or SAHM. And around 89% of US households were able to make ends meet without anyone holding a college degree. |
Anonymous
I have to admit, the numbers look great presently. |
Anonymous
+1 Just imagine what our resilient country could do with a legitimate POTUS leading the way. |
Anonymous
President Harris? No bueno. |
Anonymous
|
You all need to read the footnotes on that topline number. It was discussed a few pages back.
Critical thinking is an important feature in a functioning democracy. |
Anonymous
I am not sure why not? She was the vice president during one of the most trying economic times in modern history and left office with an economy that was the envy of the world. Every GOP president since Reagan left office with an economic disaster that democrats had to clean up. Bush 41 - recession, Bush 43 - Bank meltdown and recession, Trump 45 - CoVID recession and broken supply chains. And look at record of the democrats: Clinton - left office with no deficit spending and a growing economy; Obama, left office with a growing economy; Biden, left office with a growing economy. In fact, almost ALL of the GDP growth in the US since 1988 happened under democrats. same with job growth and innovation. The idea that "tax and spend" democrats are bad for the economy is simply another right wing myth. The opposite is true, the GOP is not for fiscal restraint or job growth in the US and their record over the last 40+ years proves the point. |
Anonymous
|
Oh and on the point about fiscal restraint....about 60% of the TOTAL federal debt can be attributed to both Trump and Bush 43. two modern GOP presidents responsible for most of the accumulated debt over 250 years.
|
Anonymous
|
https://www.ft.com/content/10a8a099-5719-42ce-a2eb-edc3045a632f
US stocks eclipsed by rest of world in 2025 as investors diversify; Trump's trade war backfires on the USA. |
Anonymous
You expect MAGA to read footnotes? Lol. They just parrot the administration. |
Anonymous
The Mag 7 is carrying the entire market. The rest of the market is barely squeaking along. Also, it's becoming clear that the rest of the economic figures being released by this administration are being fudged to look better than they actually are. Trump's economy is not so great. You won't be able to keep this lie up. |
Anonymous
They will be able to until their voters realize that they are losing jobs and things are more expensive. Hopefully the full control of the US military and other institutions haven't taken hold by then. I give it another 3-6 months until it is "too late" |
Anonymous
Another example of what's so very wrong with our economy:
|
Anonymous
|
US corporate bankruptcies hit a 15 year high.
https://www.independent.co.uk/bulletin/news/trump-tariffs-bankruptcies-trade-war-b2891032.html It's the tariffs, stupid. |
Anonymous
Welcome to capitalism. |
Anonymous
Look at that number in context. While the "headline" number suggests an economic surge, several underlying factors indicate the growth may be more fragile or "statistical" than it appears: 1. The "Trade Deficit" Distortion A significant portion of this growth—roughly 1.59 percentage points—came from a sharp decline in imports. In GDP math, fewer imports increase the final number. However, this often reflects weak domestic demand or businesses pulling back on spending due to tariffs, rather than a boom in local production. 2. Rising Healthcare Costs Growth was also driven by a 3.7% increase in services consumption, largely fueled by rising healthcare costs. When Americans spend more on essential medical services or prescription drugs, it raises the GDP, but it doesn't necessarily mean they are "wealthier" or have more disposable income for other things. 3. Data Gaps from the Government Shutdown The recent government shutdown (October to November 2025) delayed data collection. Some analysts argue that because inflation data for housing and services was "missing" or incomplete during the shutdown, the "Real GDP" calculation (which subtracts inflation from nominal growth) might be artificially inflated. 4. Comparison to Gross Domestic Income (GDI) While GDP (output) grew at 4.3%, Gross Domestic Income (GDI)—which measures the economy from the income side—grew at a much slower 2.4% rate. Historically, when there is a large gap between these two, the GDP number is often revised downward in later reports. |