Lets NOT forget it was Trump that brought us the Covid Grift. He signed the order to shut the borders in March of 2020, after hired Fauci as “Head of the White House Coronavirus Task Force” who said we all have 2 weeks or the world is over if we don’t shut down our economy now! Trump then called all the Governors and told them to shut down their States, thus ruining the economy even more. But wait, there is more, he then went on to sign bill after bill of stimulus , doubling the amount of fiat money into the system, spending $3 trillion on top of what we already didn’t have, paying off businesses to shut down, thus leading to the most inflation I have ever seen in my life by flooding the market with cheap American dollars causing a collapse in the USA’s currency, and , wait, there is more, losing our AAA rating as a result and thus tanking the rest of the West’s economy along with it.
I think I stated that accurately. This is why I call Trump, “Trump the Chump”. Either he was in on it, and now owns a million shares of Pfizer or he’s the biggest DOOP I have ever seen next to Carter.
The economy had already crashed under Trump.
The economy grew by 3% and how many percent did inflation go up. Its the Fed, doesnt matter whos in office. The Fed pulls the strings and the politicians dance
He’s a paid talking head. His opinion means nothing.
He’s a paid shill
As much as I dont like Trump its disingenuous to compare the economy during a pandemic to another time.
Aside from appointing the chair of the Federal Reserve, the President has little to do with the inflationary frenzy leading the economic downturn.
Trump appointed Powell. Biden appointed Powell AGAIN.
The Fed & the banks drive the economy and are the real rulers of the world. The Presidents and Prime Ministers and kings are all a puppet show.
Government spending and war really pushing up those GDP numbers.
Seems more like a debt spiral than anything political.
Bank Term Funding Program announced it would be ending in March today.
We live in great times when the sheep are still bringing up politics (as if red or blue matter, the Collectivist both hate you.)
Since GDP is not adjusted for inflation, the economy actually contracted 0.3%.
Why y’all dumb asses think that US economy crashed??
Democrats are saying if Trump wins, we’ll have a dictatorship. That’s a much bigger lie. Trump’s a POS, but there’s no way he has the power to undo American democracy.
In Trump’s defense the Republican party & Jerome Powell tried *real* hard to crash it.
Why are 60+% of people in the USA living paycheck to paycheck! Groceries,gas,electric,etc are still at all time highs! Take your democratic socialist commie spin and sell it somewhere else!
Only took printing trillions
People in the comments have no fucking clue how inflation works. You can elect whoever the fuck you want and it’s not going to effect the long term inflation rates.
Get ready to pay $10 for a gallon of gas and $20 for a hamburger that looks like someone sat on it… and you’ll like it 🤡
I know lots and lots of people that feel as though their lives are worse. saying the economy is good because CEOs and high level executives are getting fat bonuses and raises doesn’t mean it’s going great for the people they laid off.
Well it has from a cost of living standpoint.
OK the economy grow 3% last year… and what was the percentage it was down the first two years of his presidency??? that’s like when Joe Biden said that gas prices have gone down by $.40 that doesn’t explain the fact that they are still $1.50 more than they were under Donald Trump Lolol liberals love the cherry pick numbers
Plus there was covid!
Reich isn’t even an economist. He’s a lawyer, by education.
The sky is falling!
There really needs to be more education on the distinction between the Economy Macro vs the economy us people feel on an everyday level.
Stock market was good both under Trump (not including Covid Peak) and Biden. But Inflation is killing us Americans at the grocery store, at the pump, Interest rates etc
23 comments
Lets NOT forget it was Trump that brought us the Covid Grift. He signed the order to shut the borders in March of 2020, after hired Fauci as “Head of the White House Coronavirus Task Force” who said we all have 2 weeks or the world is over if we don’t shut down our economy now! Trump then called all the Governors and told them to shut down their States, thus ruining the economy even more. But wait, there is more, he then went on to sign bill after bill of stimulus , doubling the amount of fiat money into the system, spending $3 trillion on top of what we already didn’t have, paying off businesses to shut down, thus leading to the most inflation I have ever seen in my life by flooding the market with cheap American dollars causing a collapse in the USA’s currency, and , wait, there is more, losing our AAA rating as a result and thus tanking the rest of the West’s economy along with it.
I think I stated that accurately. This is why I call Trump, “Trump the Chump”. Either he was in on it, and now owns a million shares of Pfizer or he’s the biggest DOOP I have ever seen next to Carter.
The economy had already crashed under Trump.
The economy grew by 3% and how many percent did inflation go up. Its the Fed, doesnt matter whos in office. The Fed pulls the strings and the politicians dance
He’s a paid talking head. His opinion means nothing.
He’s a paid shill
As much as I dont like Trump its disingenuous to compare the economy during a pandemic to another time.
Aside from appointing the chair of the Federal Reserve, the President has little to do with the inflationary frenzy leading the economic downturn.
Trump appointed Powell. Biden appointed Powell AGAIN.
The Fed & the banks drive the economy and are the real rulers of the world. The Presidents and Prime Ministers and kings are all a puppet show.
Q4 GDP Increase: 328.7 Billion
Q4 Budget Deficit Increase: 509.9 Billion
Q4 Debt Increase: 833.7 Billion
Government spending and war really pushing up those GDP numbers.
Seems more like a debt spiral than anything political.
Bank Term Funding Program announced it would be ending in March today.
We live in great times when the sheep are still bringing up politics (as if red or blue matter, the Collectivist both hate you.)
Since GDP is not adjusted for inflation, the economy actually contracted 0.3%.
Why y’all dumb asses think that US economy crashed??
Democrats are saying if Trump wins, we’ll have a dictatorship. That’s a much bigger lie. Trump’s a POS, but there’s no way he has the power to undo American democracy.
In Trump’s defense the Republican party & Jerome Powell tried *real* hard to crash it.
Why are 60+% of people in the USA living paycheck to paycheck! Groceries,gas,electric,etc are still at all time highs! Take your democratic socialist commie spin and sell it somewhere else!
Only took printing trillions
People in the comments have no fucking clue how inflation works. You can elect whoever the fuck you want and it’s not going to effect the long term inflation rates.
Get ready to pay $10 for a gallon of gas and $20 for a hamburger that looks like someone sat on it… and you’ll like it 🤡
I know lots and lots of people that feel as though their lives are worse. saying the economy is good because CEOs and high level executives are getting fat bonuses and raises doesn’t mean it’s going great for the people they laid off.
Well it has from a cost of living standpoint.
OK the economy grow 3% last year… and what was the percentage it was down the first two years of his presidency??? that’s like when Joe Biden said that gas prices have gone down by $.40 that doesn’t explain the fact that they are still $1.50 more than they were under Donald Trump Lolol liberals love the cherry pick numbers
Plus there was covid!
Reich isn’t even an economist. He’s a lawyer, by education.
The sky is falling!
There really needs to be more education on the distinction between the Economy Macro vs the economy us people feel on an everyday level.
Stock market was good both under Trump (not including Covid Peak) and Biden. But Inflation is killing us Americans at the grocery store, at the pump, Interest rates etc
Diaper Donnie just loves being a loser and WRONG