- Joined
- Oct 10, 2017
- Messages
- 1,303
- Reaction score
- 956
- Points
- 121
Economy should be top priority, we’ll never see a healthy economy under democrat leadership again.
The economy under Obama was doing pretty good. Under Clinton it was doing pretty good. Under the last deregulation repugnant conartist it cratered, and under this POS it is following suit. Another promise that Trump made that is left out of this conversation is his promise to balance the budget in 8 years. He has doubled deficit spending in his first 3 years from the last 3 years of the Obama administration.
The Trump economy has done some good things too, but he is riding on the coattails of a real leader.
- The economy added 6.7 million jobs, and unemployment fell to the lowest rate in half a century.
- The economy grew more slowly than Trump promised — at a 2.1% rate most recently.
- Stock prices hit record levels, a 50% market gain since Trump was elected, but that has been reduced because of market concerns with COVID.
- Household income grew; poverty decreased, and paychecks grew 2.5% after inflation.
- Home prices reached record levels; homeownership increased.
- The number of people lacking health insurance rose by nearly 2 million.
- Federal deficits soared, adding $2.8 trillion to the national debt