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If anyone thinks Trumps economic policies, tax cuts for the wealthy, massive deficit spending, deporting workers, and tariffs (Trump:"Trade wars are easy to win" No they are not!)
are gonna make the American economy great again, they are gonna get a harsh real-world lesson in economics if Trump wins.

"Moody's Analytics projects slower growth, higher inflation, and higher unemployment under a Trump presidency compared to Harris."
"The economy under Trump would grow more slowly and will suffer higher inflation and interest rates."
"Trump’s plan would spark a recession by mid-2025, Moody’s said. The economy would grow an estimated average 1.3% annually during his four-year term versus 2.1% under Harris."
"Goldman Sachs also forecasts slower growth and higher inflation under Trump."

Trumps tariffs during his 1st term did NOT bring back U.S. manufacturing employment as he promised, they actually led to retaliatory tariffs from other countries,
negatively impacting American workers and farmers, which cost up to 300,000 American jobs. The national debt also increased by 33.1% under Trump! (If any President increases the debt by 33% in 4 years the economy will boom and the you get runaway inflation.)

Here's the reality you cannot deny: Trump's job creation record was the worst of any American president on record, no other president has left the U.S. with a smaller workforce than it had when they took office.
All while adding a record setting $8 trillion in new debt in just 4 years. (Yes Trump's 1st year was pretty good because he inherited Obama's strong economy.)

And as we all know: Annual real GDP growth has been 1.2% faster during Democratic administrations (3.79%) compared to Republican ones (2.60%) since 1949.
From 1933 to 2020, the economy grew at an average rate of 4.6% per year under Democratic presidents, nearly double the 2.4% under Republican presidents.

https://www.usatoday.com/story/money/2024/09/10/ka...

https://www.jec.senate.gov/public/_cache/files/2c2...

To be fair, you should exclude the pandemic years.

To be fair, you should exclude the pandemic years.

Why? Doesn't every president face serious unexpected challenges, wars, terrorist attacks etc?
And wasn't Trump's mishandling of the pandemic at least part of the problem? (Americans were dying, while he was downplaying the danger, advocating bleach injections and sending covid tests to Putin.)

Should we exclude the financial crisis years of the Obama Presidency? It certainly was not his fault.

Should we exclude the Terror attacks and the financial collapse years of the Bush Presidency?

Should we exclude the Great Depression part of Hoovers Presidency? It certainly was not his fault.

Should we exclude OPEC's oil embargo against the U.S. that led to severe oil shortages and a spike in energy prices and inflation during the Carter Presidency?

Should we exclude the Panic of 1837 years of the Van Buren Presidency?

How about that record setting $8 Trillion Trump added to the national debt, should we exclude $6 Trillion?

Yes, if you're going to measure a President's performance, you should exclude those things which affect your measurement but which were not their fault. That's obvious isn't it?

Also, the pandemic relief which added so much to the debt was passed with broad bipartisan support. So aren't Dems equally responsible?

I'm not a Trumper but I bring this up because it's a common, and I think valid, complaint from Republicans.

"Musk is trying to clinch Trump’s victory with a bracing closing argument: If our side wins, you will experience severe economic pain."

Musk said that his extreme budget cutting — combined with Trump’s tariffs/trade war and mass deportation plan — would cause a market-crashing economic storm. (Thanks Captain Obvious!)

So...the guy who makes cars that burst into flames and rockets that burst into flames is now promising to make the US economy burst into flames?

Thus far the GOP response has been, "don’t worry, our candidate lies about everything, he will not do what he promised."

Who's looking forward to the Great Trump Depression?

"America isn't a house divided. It's a house lobotomized." WTH

Word.

https://www.vox.com/politics/381637/elon-musk-dona...

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