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Exactly. Trump's policies are just as harmful to the economy as Biden's policies. Don't let the MAGA crowd fool you into thinking otherwise. |
Biden is great for the economy. Trump’s tariffs would crash the global economy, and missing from the article is that he would offer exemptions to his tariffs for a very high price. There is zero chance that he would not use tariffs as an extortion racket. It’s what he does. |
The only way tariffs would make sense would be if they are coupled with specific and coherent targets to improve global industry and competitiveness, such as tariffs to offset slave wages, or tariffs to offset a lack of worker protections, or tariffs to offset poor environmental protections, or tariffs to offset government subsidies. That way, whatever sleazy things other countries do then gets canceled out by the tariffs that would make it cost as much as if it were done properly. |
How have Biden's policies been harmful to the economy? I ask because by every metric, the economy is better now than what Biden inherited. It is also better than every country but Japan. Including inflation. So where is the harmful stuff? Please be specific. |
Go ask your MAGA buddies. You aren't fooling anyone. |
So, no answers for PP. Noted. |
For all of you who have been b|tching and moaning about inflation, either of those things and especially both of them together will be inflationary AF. |
Of course there are no answers for that one. Anyone who lumps the thoughtful and sober actions of Biden and the Democrats in with Trump and the GOP isn’t a serious person. The GOP loves destroying the economy, first because they don’t care, second because everytime they do that, the rich get richer and there’s greater wealth inequality. |
When the economy is good for a Republican President, I sm told that economic results are delayed and that it was the work of the previous administration. Now I hear economic results are practically instantaneous, and the current administration basically has a knob they turn to make things better in a matter of months. |
the facts speak for themselves, accounting for the 12-18 month lag in a president's impact on the economy, the Dems account for 96% of job creation in the US since 1989 and if you look at the long term GDP charts, the GDP growth under democrats is significantly better than under the GOP. Also, the last three GOP presidents left office with recessions and job contraction. THAT cannot be blamed on democratic presidents, particularly W who was a two term president. |
When the GOP gets control, they can’t help themselves. They fiddle with every knob and set it to “maximum profit for the ultrawealthy.” It’s a compulsion. Meanwhile under Democratic leadership and specifically Biden’s Inflation Reduction Act, the IRS has collected 520 million dollars from high wealth individuals (rather than the middle income and poor people that the IRS used to target when they were underfunded and didn’t have the money to pursue the wealthy tax cheats). https://www.nbcnews.com/business/taxes/irs-back-taxes-collected-delinquent-millionaires-how-much-rcna133653 Taxes and tax collection are just one little thing. Supporting labor is another thing that Biden has done. The country looks up when there’s a Democrat in the White House. So yeah, there’s an effect. |
US Steel was sold to a foreign corporation. That's probably not the effect we want. |
When has the economy been good for a republican president? Serious question. Bush 41 and Bush 43 both left recessions and in W's case, a total economic collapse. Trump left a dumpster fire in 2021. Contrast that with Clinton, Obama and now Biden, who have managed to right the ship of their precedessors and then install policies that create jobs, grow the GDP and reduce unemployment all while investing in our country. What has the GOP done other than get us into Iraq and Afghanistan and pass legislation that consolidates wealth at the top? |
A foreign company has offered to buy it. It has not been sold and likely won't be. Anything else you want to counter with? |
You want the government to step in there? Really? You want the government to control the means of production? |