Comparing Trump and Biden's economies — who had more successful strategies?

[Peter1469]

Comparing Trump and Biden's economies — who had more successful strategies?

Trump's economy. It helped everyone, but the young, the less educated, and minorities the most.

At their rambunctious debate on September 29, former Vice President Joe Biden said this about President Donald J. Trump: “We handed him a booming economy. He blew it.”

Not so fast, Sleepy Joe.


In fact, rather than “booming,” Biden and Obama bequeathed President Trump an economy that resembled a dehydrated garden. It was alive, but drooping. Obama-Biden’s recovery from the Great Recession was the most parched since the Great Depression.

Ha, I use the term flaccid to describe the Obama / Joe economy. Obama used the term "new normal."

The president treated the garden with Trumponomics: He irrigated it with the GOP’s Tax Cuts and Jobs Act (which every congressional Democrat opposed). He fertilized it with robust deregulation that junked eight old rules for every new one imposed. And he serenaded it with a pro-enterprise tone.

Job creators welcomed Trump’s words of gratitude and encouragement rather than the threats, class-warfare hectoring, and success shaming of Barack “You didn’t build that!” Obama.


The result?


President Trump’s garden flourished. Companies budded, entrepreneurs bloomed, and workers blossomed – often reaching unprecedented heights. As late as February, the U.S. economy in winter recalled an arboretum in April.

• In terms of household finances, Trumponomics parted Obama’s gray skies and let the sun shine. Census Bureau data released September 15 show that inflation-adjusted median household income increased from $64,324 in 2018 to a record $68,703 in 2019, up 6.8 percent. This extra $4,379 in the typical American home is the largest one-year hike in this key barometer of well-being.

During Trump’s first three years, this metric advanced from $59,039 in 2016 to $68,703 in 2019. This $9,664 represents a 16.4 percent income boost (5.5 percent per annum on average) for everyday Americans.

More on how flaccid the new normal was at the link.

[MMC]

Democrats are extremely worried that the economy is rebounding despite their intentional tanking of their Blue State economies. They were hoping Dementia Joe would win to get the bailout. Now they know that is not going to happen.


Pelosi is back to negotiating with Mnuchin. After she said, it wasnt going to happen. She now knows the people are blaming her and Democrats for not getting any relief out to small businesses and the people on unemployment. The Demos are taking the hit and she knows it. Trump tricked her dumbass and now its a known fact.

[Peter1469]

Democrats are extremely worried that the economy is rebounding despite their intentional tanking of their Blue State economies. They were hoping Dementia Joe would win to get the bailout. Now they know that is not going to happen.


Pelosi is back to negotiating with Mnuchin. After she said, it wasnt going to happen. She now knows the people are blaming her and Democrats for not getting any relief out to small businesses and the people on unemployment. The Demos are taking the hit and she knows it. Trump tricked her dumbass and now its a known fact.

It will be funny to see what happens. Cocaine Mitch better stay strong and say no to any state bailouts. Any money needs to go directly to the people.

Reason: because Pelosi's goal is money to bail our blue states that have mismanaged their money for decades. The nation should not subsidize over spending by the states. Or their underfunded pension funds.

[MMC]

It will be funny to see what happens. Cocaine Mitch better stay strong and say no to any state bailouts. Any money needs to go directly to the people.

Reason: because Pelosi's goal is money to bail our blue states that have mismanaged their money for decades. The nation should not subsidize over spending by the states. Or their underfunded pension funds.

Trump has said he wont sign any bill with bailouts for Demos States. Let the Demos suffer. Then the people in their states will see that the Demos live high on the hog and they dont even get scraps.

[Calypso Jones]

The optimism rate is higher under the Trump Administration. When people are happy they prosper.

[barb012]

Biden will not do anything that helps the economy since they have been working hard since 2000 to help businesses move out of the US. The Covid excuse has and is working to destroy the small businesses. I don't believe any Dem that says they want to build a better economy.

[Crepitus]

Comparing Trump and Biden's economies — who had more successful strategies?

Trump's economy. It helped everyone, but the young, the less educated, and minorities the most.



Ha, I use the term flaccid to describe the Obama / Joe economy. Obama used the term "new normal."



More on how flaccid the new normal was at the link.

By 2019 hiring was slowing, job growth was slowing, manufacturing was slowing..m. By all indications we were headed for a recession even before the pandemic, and records show it actually started a month before the first shutdowns.

On a side note, when you repeat words like "flaccid" we can all tell you got you talking points from a RWNJ infotainment site. You might try some real news once in a while.

[Peter1469]

Incorrect. Overall the economy was booming until the COVID lockdowns.

By 2019 hiring was slowing, job growth was slowing, manufacturing was slowing..m. By all indications we were headed for a recession even before the pandemic, and records show it actually started a month before the first shutdowns.

On a side note, when you repeat words like "flaccid" we can all tell you got you talking points from a RWNJ infotainment site. You might try some real news once in a while.

Actually I have never seen the word flaccid used to describe growth under Obama. I am the first and only to use it so far as I know.

[Crepitus]

Incorrect. Overall the economy was booming until the COVID lockdowns.


Actually I have never seen the word flaccid used to describe growth under Obama. I am the first and only to use it so far as I know.

Two lies in one post.

The infection is getting worse.

[MMC]

By 2019 hiring was slowing, job growth was slowing, manufacturing was slowing..m. By all indications we were headed for a recession even before the pandemic, and records show it actually started a month before the first shutdowns.

On a side note, when you repeat words like "flaccid" we can all tell you got you talking points from a RWNJ infotainment site. You might try some real news once in a while.

Link up the records.