Trump begins reclamation of legacy with list of policy wins, from COVID vaccine to Middle East peace

Discussion in 'Current Events' started by XXJefferson#51, Jan 20, 2021.

  1. Athelite

    Athelite Well-Known Member Past Donor

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    Right, that's all it was. "Orange man bad."

    If he was half-decent he would have been re-elected, but I'm not going to bother convincing any Trumper. Irrelevant at this point since he got kicked out. Worst president. Good riddance.
     
    ChiCowboy and AZ. like this.
  2. nopartisanbull

    nopartisanbull Well-Known Member

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    Now, in reference to the above, and if we were to assume that Biden's 2021 Real GDP will equate to a 2% plus growth, Trump's loyalists could also remind the Democrats of the additional spending that boosted Biden's 2021 GDP, and I'm quite certain they will, such as;

    Congress approved $900 billion Stimulus Package
    + the $1.9 trilllion stimulus package recently requested by Biden

    NOTE: All that money will undoubtedly and undisputedly boost Biden's 2021 GDP.
     
  3. Moolk

    Moolk Banned

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    You can pretend it didn’t happen but I’ve posted the metrics that Trump reversed such as the lfpr, and he clearly outperformed Obama while spending less.
    It wasn’t until the democrats handled the virus in thier cities so poorly that crashed our economy and cost so many lives that the economy suffered.
     
  4. nopartisanbull

    nopartisanbull Well-Known Member

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    In this thread, you haven't posted any metrics, but I did! However, in one ear, out the other.

    Once again......

    Indisputable fact; Over three years, Trump's REAL FGCEA increased by $110 billion, thus, from $1.191 trillion to $1.301 trillion.

    https://fred.stlouisfed.org/series/FGCEC1

    Question; Had we maintained Obama's REAL FGCEA at $1.191 trillion, RECALCULATE Trump's 2019 REAL GDP;

    1. ACTUAL

    2018 REAL GDP; $18.688 trillion

    + 2.2% ($404 billion)

    2019 REAL GDP; $19.092 trillion

    ---------

    2. RECALCULATE (Minus $110 billion)

    2018 REAL GDP; $18.688 trillion

    + 286 bilion ($404 billion - $110 billion)

    = 2019 REAL GDP; $18.974 trillion, thus, an increase of near 1.6%

    Who remembers OBAMA's 2016 ''DISMAL'' GDP Growh Rate of 1.7%?

    CONCLUSION; Nothing magical Trump did to boost his economy, and historically, we've never, never, never, nearly doubled the deficit over three years prior to a PEAK, for example;

    FY1986 Deficit; $221 B
    FY1987 Deficit; $150 B
    FY1989 Deficit; $155 B
    FY1990 Deficit; $221B
    Peak month/year; July 1990

    FY1997; Deficit; $22B
    FY1998; Surplus; $69 B
    FY1999; Surplus; $129B
    FY2000; Surplus; $221B
    Peak month/year; March 2001

    FY2004 Deficit; $413B
    FY2005 Deficit; $318 B
    FY2006 Deficit; $248 B
    FY2007 Deficit; $161 B
    Peak month/year; December 2007

    TRUMP

    FY2016 Deficit; $585B
    FY2017 Deficit; $665B
    FY2018 Deficit; $779B
    FY2019 Deficit; $984B
    Peak month/year; Feb 2020

    Question; Did increasing the deficit by $400 billion over three years boosted Trump's economy?

    Answer; Only the below average intelligent people would answer NO

    Conclusion; Due to the above-mentioned indisputable fact, we can't fairly compare Trump's economy to Obama, Bush, Clinton, Bush Sr, Reagan, ect.

    https://www.nber.org/research/data/us-business-cycle-expansions-and-contractions
     
    Last edited: Jan 21, 2021
  5. nopartisanbull

    nopartisanbull Well-Known Member

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    In fact, due to different factors and scenarios, we can't fairly compare any economies. To me, it's a partisan sickness.
     
    Last edited: Jan 21, 2021

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