Trump's policies drag US economy down

There's a reason countries don't engage in trade wars. There's a reason countries enter into multinational trade agreements.

The damage to the US economy is self-inflicted. Trump is leading the US into a recession.

Link

 

could have guessed this would happen when a multiple bankruptcy real estate shyster claimed he understood global trade economics better than the experts...

 

Other economic indicators:

Annual Job growth
Obama's second term: 216K
Trump's first two years: 201K

Trade Deficit
Trump takes office: 46.9B
October 2018: 55.4B



Foreign Direct Investment
2015: 439.5B
2017: 259.6B

Jobs & trade deficit link
Balance of trade link
Foreign investment link

 

Real Estate market tanking for the past 4 months.

 

By most indexes, were better off now than under Obama. And it's not even close.

 

Not on trade, foreign investment or job creation. And it's not even close.

 

We're doing better.

Obama led the slowest economic recovery in history from the Democratic Party's economic crash of 2008.

 

all that you have now was because of obama, there was a steady upward trend through the Obama years...trump is claiming the previous potus gains as his...

 

The economy recovered (slightly and slowly) from 2009 to 2017 in spite of Obama, not because of Obama.

Growing government only hinders growth.

 

You mean economic ideology, not actual logic?

Yes, by the ones now opposing Trump.

 

Unfortunately those experts are senseless and braindead and have bankrupt beliefs about how the economy works.

"Expert" doesn't make them right, in this case.
Economics isn't like an automechanic where it becomes obvious if you don't know how to solve the problem.

These hacks are just neoliberal progressives in an ivory tower.

 

I've noticed Progressives doing whatever they can to try to act like the economy is in bad shape.

 

1. Immediately withdraw from all multilateral treaties
2. Amend the constitution to make treaties go through both houses of Congress
3. Mirror all other nations tariffs, unless they have a similar law in which case it goes to 0%
4. Withdraw from the UN
5. Withdraw from NATO
6. Withdraw from the WTO and IMF.
7. Constantly talk **** to the international bureaucracy
8. Peace, commerce, and honest friendship with all nations; entangling alliances with none.

 

I love this argument. They are more federal employees under Trump's two years than Obama's last three.
The claim: Republicans are for smaller government.
The reality: federal jobs grow under Republican admins.
The claim: Republicans lower taxes.
The reality: under Republican admins spending increases while tax collections drop increasing deficits AKA tax deferrals not cuts.
The claim: Republicans are for responsible spending.
The reality: deficits grew under Reagan, Bush Jr and now Trump. Deficits shrank under Clinton and Obama.

 

So bigger government/less freedom is the way to go?

 

Wishing for an economic decline has been a self fulfilling activity in the past. You all are likely to get your way. But understand that none of it had to do with Trump.

 

tariff wars, shutting down the government with the possibility of triggering a recession? yeah that's all trump and he arrogantly boasted he takes credit for both...

 

Yes tariffs gave us The Great Depression. Of course Trump doesn't know the history of The Great Depression or its causes because he's intellectually incurious. By that I mean he can't read.

 

I was talking about things that hurt the economy. The tariff war is necessary to change China's trade practices. It will help our economy big time in the near future. Shutting the government is about a political dispute, not the economy. The only way it would help the economy would be if it were the start of a reduction in federal government. That isn't likely to happen.

 

trump doesn't understand trade, he wants trade parity and it can't happen so he is causing recessionary pressure your denying that doesn't make it not his fault, it is...

government shutdown affects the economy he's and idiot for not realizing that and yes he takes full credit for it, you can't remove 800,000 people from the workforce and not have an effect on the economy, and removing 800,000 from the workforce has a multiplying effect other industries and their employees are also affected...

 

We disagree. Who would have thought?

 

If you're a Republican it would seem so.

 

The Republican Party is the party of big government.

The Democratic Party is the party of really, really big government.

 

uh, the recession was entirely the fault of republican incompetence. He took a crashed economy with a UE of 10%, to under 5%. Trippled the stock market to record highs, and had the most consecutive months of job growth of any US president. ALL THAT, with a republican led congress after 2010, which did everything possible to cause the economy to fail while he was president.