trump's economy failing; worse than Obama's last 3

LIFTING UP ALL AMERICANS: President Trump’s pro-growth policies are reducing inequality and benefiting Americans who were previously left behind. 

Nearly 2.5 million Americans have been lifted out of poverty, including nearly 1.4 million children.

The poverty rates for African Americans and Hispanic Americans hit new lows in 2018.

Wages are rising faster for the bottom 10 percent of earners than for the top 10 percent of earners, and wage growth for employees has surpassed wage growth for managers.

Since President Trump’s historic tax reform, the lowest earners have enjoyed faster wage gains than every other income group.

The net wealth held by the bottom half of households has grown by 47 percent—more than three times the rate of increase for the top 1 percent of households.

Cool, so he gave the rich business owners greater tax breaks. You own a corporation? That didn't help the masses, especially when it is isn't being funneled back into creating more jobs or higher wages, and wage growth for the masses has been stagnant under Trump. 

DELIVERING REAL GAINS FOR FAMILIES: American families are benefiting from President Trump’s pro-growth policies.

Real household wealth has increased by nearly $12 trillion since the start of 2017.

The President’s historic efforts to cut costly regulations are projected to increase household incomes by $3,100 a year.

The domestic energy boom is resulting in real savings for families.

The shale energy revolution saves American families an average of $2,500 a year.

The President is expanding affordable healthcare and child care options for families.

Eliminating the individual mandate penalty, expanding Association Health Plans, and expanding short-term plans are expected to generate $450 billion in economic benefits.

Doubling the Child Tax Credit has saved nearly 40 million families an average of $2,200.

False False False. Sources? Fubah and I have posted numerous articles from Forbes, Pew Research, Washington Post, and more, which pretty much refute all of this. Wage and Wealth inequality are growing not shrinking, which means lower wager earners are not earning more at a faster pace than the wealthy. it is actually the opposite, which is why the gap is growing. 

Stop copy and pasting from Trump's Twitter shill. 

https://www.npr.org/2019/12/20/789540931/2-years-later-trump-tax-cuts-have-failed-to-deliver-on-gops-promises

Interesting read on corporate tax cuts. "Corporate tax revenues fell 31% in the first year after the cut was passed. Overall tax revenues have declined as a share of the economy in each of the two years since the tax cut took effect."

The federal deficit this year was $984 billion — an extraordinary figure at a time when the country is not mired in recession or widespread war.

The tax cut also failed to produce a permanent boost in economic growth, despite promises from Republican supporters. 

In fact, the economy grew 2.9% last year — exactly the same as in 2015.

The tax cut, along with increased government spending, did give a short-term lift to the economy and businesses temporarily boosted investment. But the rocket fuel burned off quickly. Business investment declined in the last two quarters.

This article is from December 2019. Pre-Pandemic as well. 

You sure the business tax cuts were beneficial? Clearly you have not read up on them. 

Deezy... O'bama signed the $787B stimulus package in his 1st month in office in the throes of the financial crisis... Feb. 2019.   I'll give you that.   He HAD to do it , in much the same way Trump has worked to pass stimulus measures in this Virus Crisis.  When things settled down, though,  O'bama chose to pass the ACA in 2010, effectively pissing into the wind..     That WAS and STILL IS a disaster for many families... and completely nonsensical when you get right down to it...   

In what other type of Insurance policy am I subsidizing your policy ?  Do I have to pay more in Auto Insurance because you don't know how to drive ??

Lol... Job growth for the masses stagnant ??  This lie again ??  

Everything I posted was True True True.

Trump's Economy Success can be directly attributed to his magic wand. 

Do you own stocks ??  Do you have a 401k ?? 

And , to answer you question... Yes, I actually own parts of many corporations...   

ECONOMIST/YouGov survey

1500 (1242 RV) 3.3% MOE, July 12 - 14, 2020
Source: https://docs.cdn.yougov.com/hpupr0zhkl/econTabReport.pdf

*NOTE:
Before adolf-lovers here wet their collective panties as usual,
to eliminate poll bias, I show the responses from "MODERATES"
(ie, niether Liberals, nor Conservatives)
MODERATES decide elections!

Q: Is the USA better off now than four years ago?
MODERATES say:
21% ...better now
56% ...better off 4 years ago under Obama!!!

Q: Are YOU personally better off now than you were four years ago?
MODERATES say:
34% ...better now
41% ...better off 4 years ago under Obama!

more key results to come in other thread...

It actually isn't, read the articles that are being posted. I know you hate being presented with facts. 

So, are we ignoring the benefits of the business tax cuts ?  

Yes, and yes. I am not talking stock ownership bro. I should not have to get literal with you. You understand what I am saying. Most Americans do not regularly engage in stock trading. Read the NPR article I just posted excerpts of on the business tax cuts. It has not been a huge benefit for the economy, sorry. Men lie, women lie...numbers don't. 

Reading comprehension is fundamental. Corporate tax cuts =business tax cuts bro...Cmooonnnnn.

"Corporate tax revenues fell 31% in the first year after the cut was passed. Overall tax revenues have declined as a share of the economy in each of the two years since the tax cut took effect."

The federal deficit this year was $984 billion — an extraordinary figure at a time when the country is not mired in recession or widespread war.

The tax cut also failed to produce a permanent boost in economic growth, despite promises from Republican supporters. 

In fact, the economy grew 2.9% last year — exactly the same as in 2015.

The tax cut, along with increased government spending, did give a short-term lift to the economy and businesses temporarily boosted investment. But the rocket fuel burned off quickly. Business investment declined in the last two quarters.

This article is from December 2019. Pre-Pandemic as well. 

I've mentioned similar facts to Deezy... but he and Fubah continue to disbelieve the truth..  

https://www.npr.org/2019/12/20/789540931/2-years-later-trump-tax-cuts-have-failed-to-deliver-on-gops-promises

 It's clear you simply avoid reading facts you don't want to acknowledge. 

Because it isn't true. You simply have opinions with no source facts. Fubah and I continuously refute this with proven data from Pew Research Center, etc. 

Oh HEAVEN FORBID actual FACTS!   That just wouldn't ft their narrative. 

Never let FACTS get in the way of a good redneck-partisan narrative.

Deezy......Am I to believe your "Pew Research Center" source or the "Wall Street Journal ??" 

You are not building a very good case for your argument.  

The facts are irrefutable..  but continue to plug your ears, cover your mouth, and cover your eyes (insert emoji here. Lol) 

Hilarious. But we should all just believe you???? Because you are such an unbiased source. My argument isn't the weak one here, when yours appears to be "Fake News" Do not believe what you are seeing and hearing folks....I am the chosen one....only listen to me. No point in arguing with someone as clueless as yourself. 

You should believe the Wall Street Journal considering your were praising it 2 days ago and it is a conservative source....

[Quote: Originally Posted by Rush51]Deezy... O'bama signed the $787B stimulus package in his 1st month in office in the throes of the financial crisis... Feb. 2019.   I'll give you that.   He HAD to do it , in much the same way Trump has worked to pass stimulus measures in this Virus Crisis.  When things settled down, though,  O'bama chose to pass the ACA in 2010, effectively pissing into the wind..     That WAS and STILL IS a disaster for many families... and completely nonsensical when you get right down to it...    In what other type of Insurance policy am I subsidizing your policy ?  Do I have to pay more in Auto Insurance because you don't know how to drive ??[/Quit

As i said rush, it is wayyy easier to stomach Democratic policy on the receiving end.