🤔 Age-old political question: "Are we better off today than we were 4 yrs ago?" - This day/month in history...

@thirdperson

 Facts!  The past two republican administrations (Bush; trump) have left unprecedented DISASTERS in their wake for the ensuing Democrat admin to pick up the pieces and save America.

Obama/Biden inherited the WORST in modern era history if not our entire history!

That was until the regime of the "downplayer-in-chief" - who owns that dubious record for disaster. 

FOUR years after the last republican admin's final year before being voted out of office America is once again far better off!

Four years ago . . .

Former pandemic agency head Rick Bright testifies to a US House Committee

"without better planning, 2020 could be the darkest winter in modern history"

For decades, Americans have been tricked into believing republican presidents do better with US economy.  But history shows democrats do better.  Don't like Biden economy?  Trump alternative is worse.  He promises to get revenge on enemies, replace experts with loyalists, cut taxes to weaken social safety net, abandon climate science, deport immigrants vital to US economy and force theocracy on nation.  Does anyone actually think living under that kind of autocracy would make life better?  Worldwide, authoritarians always ruin the economy.  Republican presidents have done that for decades.

 Associated press reveals numbers showing US economy during Trump presidency has never lived up to his own hype.  His tax cuts, deregulations and trade deals never delivered promised jobs and economic growth.  Instead Trump was lucky to inherit Obama economy which ended under his watch.  After 4 years, net loss of 2.7 million jobs and average annual GDP growth of 1.45%. . 

By contrast, Biden presidency has exceeded expectations.  Net gain of 15 million jobs and 3.4% average annual growth.  No recession, low inflation and low unemployment  in best economic recovery of any country in the world.  In 2020, government free money may have made people think pandemic recession wasn't so bad.  But governments usually provide no or little relief for higher inflation because it isn't as bad as high unemployment. 

After adjusting for inflation, household net worth is up by just 0.7% through Biden's first three years in office, whereas it was up 16% in Trump's first three years. At the time of Biden's inauguration in January 2021, year-over-year inflation in the U.S. economy was about 1.4%.

Yep.  Four years ago the republicans had dragged us into a mess of trump's making.  Today we are much better off than May 2020.

The man who’s slogan was Empty the Swamp. 

Trump cheated his way into office with a boost from Putin and escaped accountability with a boost from his replacement AG. Tried to cheat on his reelection by attempting to extort Ukraine and escaped accountability with a boost from Senate Republicans. Tried and failed to overturn his election loss through violent insurrection and once again escaped accountability with another boost from Senate Republicans. Stole classified documents and escaped accountability with a boost from a partisan judge he appointed.

One has to wonder if Herman Cain better off? How about Ashley Babbitt? Duncan Hunter? Chris Collins? Jeff Fortenberry? Aaron von Ehlinger? Paul Manafort? Peter Navarro? Jamal Khashoggi? Crede Bailey? Dominion Voting Systems? Fox News? Abbey Grossberg? Gretchen Carlson? Allen Weisselberg?Jason Ravnsborg? Jeff Sessions? Bill Barr? Mike Pence? Cassidy Hutchinson? Bryan Slaton? Wayne LaPierre? Maria Butina? Yevgeny Prigozhin? Nikki Haley? Ronna McDaniel? Ron DeSantis? Clarence Thomas? Stormy Daniels? Karen McDougal? John Kelly? Mark Esper? You Ken Chesebro? John Eastman? Rudy Giuliani? Sydney Powell? Trump University? Trump Foundation? Trump & Pam Bondi? Ty Cobb? John Bolton? Liz Chaney? Adam Kinzinger? Rex Tillerson? Kevin McCarthy? Mitch McConnell? Elaine Chao? James Mattis? HR McMaster? Alexi Navalny? Dr Mehemet Oz? Brian Kemp? Brad Raffensberger? Mark Meadows? Michael Cohen? Mick Mulvaney? Betsy DeVos? Alyssa Farrah Griffin, Sarah Matthew’s? Jerry Falwell Jr? Becki Falwell? Giancarlo Granda? Christian Ziegler? Marc Bernier? Dick Ferrel? Phil Valentine? Kevin Nunes? Colin Powell? Eric Spinato (Fox News)? Rep Ron Wright R) of TX? Adam Schlesinger? President Jair Bolsonaro? Keith Grayson (Kay Slay)? Jay Weaver? 97 people killed by Maui fire? Oak fire in CA? Tom Seaver? Ken Paxton? Tucker Carlson?  Carlos Marin? Tom Dempsey? Windmill wales? Solar energy? Heat pumps? Ronny Jackson? Taylor Swift? Kansas City Chiefs? Batak Obama? Paul Pelosi? Henry Kissinger? Elon Musk? George Floyd? Tamir Rice? Michael Brown? Eric Harris? Walter Scott? Freddie Gray? Alton Sterling? Philando Castile? Stephon Clark? Botham Jean? Breonna Taylor? Durante Wright? Patrick Lyoya? Ahmaud Arbery? Kyle Rittenhouse/Joseph Rosenbaum? 61 people killed and (411 injured) by Stephan Paddock? Melania Trump? E. Jean Carroll is better off than four years ago.

Anyone who looks back on those four corrupt, chaotic years as anything other than an epic disaster for the country and world at every conceivable level is a delusional cult member. It was a daily horror show that badly damaged US policy and credibility at home and abroad. The incoherent psychopath — guilty of prison-worthy crimes against this country — remains a global menace. Vote blue at every level of the ballot in November.

Boosting spending does NOT mean the economy is in better shape. It means the U.S OWES more money (US spending = more debt and excessive debt is NOT healthily, for anyone) and if that money being spent isn't spent well, we will be worse off in the future. But keep believing the headlines. bahhhaaa

Incase any of you brainiacs want to check the stats, you should do your own research instead of listening (and regurgitating the head lines like a sheep) and you'll see the real numbers. 

https://fred.stlouisfed.org/series/PMSAVE - personal savings as a % of disposable income (hint- it's draining and draining quickly under Biden, he thanks you for your contributions). 

https://fred.stlouisfed.org/series/W398RC1A027NBEA - Household savings (hint- it's draining and draining quickly under Biden, he thanks you for your contributions). 

https://fred.stlouisfed.org/series/PSAVERT - Personal savings rate (hint- it's draining and draining quickly under Biden, he thanks you for your contributions).  

https://fred.stlouisfed.org/series/CCLACBW027SBOG - Consumer loans Credit cards and other revolving plans (ALL commercial banks) Hint- going UP up and away. ummm when defaults? 

defaults you say? 

https://fred.stlouisfed.org/series/DRCLACBS deliquency rates on credit cards (all commercial banks) found em. Hint- Spiking like we're heading into 08, only bigger this time.

If some posters in here would take off their blinders, stop regurgitating headlines, did a few minutes of actual research, you'd see through the MSM lies. Bahhaaahhhh

Trump was lucky to inherit low inflation from Obama.  Reasons for low inflation include slow economic recovery from great recession, federal reserve actions and pandemic recession.  Outweighing Trump policies which tend to be inflationary.  For examples, tax cuts and tariffs.  However Biden was unlucky to inherit a economy damaged by pandemic recession.  Higher inflation is largely due to supply disruptions which he has no control over.  For example, Russia invasion of Ukraine.

They count all of that.  He gets credit for it; just as you would blame him if he had Biden's numbers.

@thirdperson

 After adjusting for inflation, household net worth is up by just 0.7% through Biden's first three years in office, whereas it was up 16% in Trump's first three years. At the time of Biden's inauguration in January 2021, year-over-year inflation in the U.S. economy was about 1.4%.

@thirdperson

 Trump was lucky to inherit low inflation from Obama. 

....and Obama was lucky from GW....and GW was lucky from Clinton....and Clinton was lucky from Herman Walker....and HW was lucky from Reagan....and Reagan was..... whoops end of the line 

@thirdperson

 Trump was lucky to inherit low inflation from Obama.

Biden was lucky to inherit low inflation from Trump and then what happened?  He ran it up to 40+ year highs.

Trump was lucky to inherit low unemployment from Obama and then what happened directly as a result of trump arrogance & incompetence? He ran it up to modern era record highs and became the only modern era president to pass off significantly higher unemployment rates than he was originally gifted.

@fubah2

You should ask Mr. Science what happened and caused unemployment in early 2020. Hint, it was NOT Trumps fault. I'd say that same statement if it was Biden who was president at the time. 

Trump was lucky to inherit low inflation from Obama.

Biden was lucky to inherit low inflation from Trump and then what happened?  He ran it up to 40+ year highs.

INFLATION was what he was stating -- stay focused.

@fubah2

another reason why we r  much better off today than 4 yrs ago 

"stay focused"  

@KellyM_1964

There are many reasons, that's just one of the biggest to be sure!

Last two times republicans were in the WH they exited leaving a complete DISASTER of epic proportions in their wake.

Yup, am way way better off now than I was in June 2020. Thank god Trump lost in 2020.

ya     thks to president biden     bad covid is from 2020 is but a bad memory    and  so is that ugly war in afghanistan that chump kept going for 4 yrs

ya     thks to president biden     bad covid is from 2020 is but a bad memory    and  so is that ugly war in afghanistan that chump kept going for 4 yrs

  "Four years ago the economy was in the toilet and people were dying largely because trump denied covid"

                                                   - CNN contributor, Maria Cardona, Aug. 26

We are far better off today than trump's 2020 disaster.