General Discussion

FightFight

(235 posts) Mon Jan 13, 2025, 09:51 AM Jan 13

Suddenly Donald Trump doesn't want to talk so much about the economy

On his Truth Social account, Donald Trump has spent the last few days posting maps of Greenland, picking fights with California’s governor, whining about his legal cases and sharing letters from has-been celebrities (Don King, anyone?). In opening his press conference Tuesday, the former and future president briefly (and falsely) claimed that “inflation is continuing to rage” before devoting his time to griping about the Green New Deal, Democrats “playing with the courts,” showerheads and windmills “driving the whales crazy,” among other subjects.
-------------------------------------------------------------------------------------------------------------------------------------

JOE BIDEN ISN’T GIVING HIM MUCH BAD ECONOMIC NEWS TO TALK ABOUT. LAST WEEK, OFFICIALS REPORTED THAT THE U.S. ADDED 256,000 JOBS IN DECEMBER AS THE UNEMPLOYMENT RATE DROPPED TO 4.1% AND WAGES GREW 3.9% FOR THE YEAR. INFLATION HAS BEEN UNDER 3% SINCE THE SUMMER AND ECONOMIC GROWTH IS STILL STRONG.

---------------------------------------------------------------------------------------------------------------------------------------

**Want A Better Economy? History Says Vote Democrat**

1. Personal disposable income has grown nearly 6 times more under Democratic presidents

2. Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents

3. Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)

4. Republican presidents added 2.5 times more to the national debt than Democratic presidents

5. The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations

**Why Are Republican Presidents So Bad for the Economy?**
G.D.P., jobs and other indicators have all risen faster under Democrats for nearly the past century. https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html

**U.S. Jobs, Income, GDP Growth 'Startlingly' Higher Under Democratic Presidents** https://www.newsweek.com/us-jobs-income-gdp-growth-startlingly-higher-under-democratic-presidents-analysis-1566313

**Over the last 6 decades--60 years or so, history has tended to favor Democratic presidents in terms of economic performance** https://www.usnews.com/news/blogs/data-mine/2015/10/28/which-presidents-have-been-best-for-the-economy

**During the final 3 years of Barack Obama's presidency 2014. 2015 . 2016 , the number of jobs added was 1.5 million greater than the number added during Trump's first 3 years in office 2017 2018 2019** https://www.snopes.com/fact-check/obama-created-more-jobs-trump

**Trump inherited a booming economy — and handed Biden a nation 'in shambles'** https://www.nbcnews.com/business/economy/trump-inherited-booming-economy-handed-biden-nation-shambles-n1255033

**Trump to leave office with the worst jobs record since Herbert Hoover** https://finance.yahoo.com/news/trump-leave-office-worst-jobs-030044152.html

Trump will be first president since WWII to lose jobs during tenure. The U.S. lost 140,000 jobs in December 2020 in the final jobs report of Trump’s presidency. This means the nation has about 3 million fewer jobs than it did 4 years ago UNDER THE BLACK GUY --OBAMA, meaning Trump will be the first president to lose jobs over his term since employment data was collected in this way. NBC News Now correspondent Simone Boyce explains how it all unfolded.

https://www.nbcnews.com/now/video/trump-will-be-first-president-since-wwii-to-lose-jobs-during-tenure-

22 replies

= new reply since forum marked as read

Highlight:

Suddenly Donald Trump doesn't want to talk so much about the economy (Original Post) FightFight Jan 13 OP

**Want A Better Economy? History Says Vote Democrat** CrispyQ Jan 13 #1

Politics is like driving Turbineguy Jan 13 #5

Bartcop . . . Scubamatt Jan 13 #20

Shirley Manson is still at it. Mblaze Jan 13 #21

It is amazing that Biden is leaving office Johonny Jan 13 #2

MAGA propaganda in MSM and social media wnylib Jan 13 #4

The republican hate machine. Turbineguy Jan 13 #6

Probably more than that Johonny Jan 13 #10

Also Joe was loathe to toot his own horn much to his detriment. bluesbassman Jan 13 #12

Agree. wnylib Jan 13 #13

Yes, I do believe the era of bragging Johonny Jan 13 #15

I think they should. The public expects it. bluesbassman Jan 13 #16

It was like that with Jimmy Carter IronLionZion Jan 13 #9

Yes, I remember the RW attacks on Carter. wnylib Jan 13 #14

The New Republic's Greg Sargent wrote Friday, "this will be the second time Trump inherits a good sop Jan 13 #3

Born on third base and claim he's fixing "American carnage". Yup, read that script before. . . . . nt Bernardo de La Paz Jan 13 #11

Trump will crater the economy. His real constituents bronxiteforever Jan 13 #7

If you want the economy to crash and burn, vote GOP IronLionZion Jan 13 #8

all of a sudden he will take credit for the "great economy' Klarkashton Jan 13 #17

Why doesn't he just fucking die already? Orrex Jan 13 #18

We have the best economy this millennium. DemocratSinceBirth Jan 13 #19

Another little consequence of deporting undocumented workers dickthegrouch Jan 13 #22

CrispyQ

(38,937 posts)

1. **Want A Better Economy? History Says Vote Democrat**

Reply to FightFight (Original post)

Mon Jan 13, 2025, 10:00 AM

Jan 13

This should be our battle cry every election along with charts & ads & clever slogans.

Turbineguy

(38,675 posts)

5. Politics is like driving

Reply to CrispyQ (Reply #1)

Mon Jan 13, 2025, 10:29 AM

Jan 13

Put the car in "D" to go forward, put it in "R" to go backwards.

Scubamatt

(112 posts)

20. Bartcop . . .

Reply to CrispyQ (Reply #1)

Mon Jan 13, 2025, 12:36 PM

Jan 13

used to say if only our side would constantly repeat the simple facts, we would win (missing him much these days).

Mblaze

(461 posts)

21. Shirley Manson is still at it.

Reply to Scubamatt (Reply #20)

Mon Jan 13, 2025, 12:54 PM

Jan 13

I'm sure Bartcop is smiling at that.

Johonny

(22,627 posts)

2. It is amazing that Biden is leaving office

Reply to FightFight (Original post)

Mon Jan 13, 2025, 10:06 AM

Jan 13

With less favorablity than when Trump left. Indeed, the vast majority of Americans think Biden was not a good president.

It will be historians main task to understand why Biden, who will be considered a great president while in office, was not better recieved. He is hardly the first president that did many things well and whom the public simply didn't understand and appreciate the job done for them.

wnylib

(25,183 posts)

4. MAGA propaganda in MSM and social media

Reply to Johonny (Reply #2)

Mon Jan 13, 2025, 10:27 AM

Jan 13

pushed the image of Biden as a bad president.

Turbineguy

(38,675 posts)

6. The republican hate machine.

Reply to wnylib (Reply #4)

Mon Jan 13, 2025, 10:30 AM

Jan 13

Johonny

(22,627 posts)

10. Probably more than that

Reply to wnylib (Reply #4)

Mon Jan 13, 2025, 10:52 AM

Jan 13

As incumbents are losing post Covid globally. However, few are losing to the very man that botched their Covid response . . .

bluesbassman

(20,040 posts)

12. Also Joe was loathe to toot his own horn much to his detriment.

Reply to Johonny (Reply #10)

Mon Jan 13, 2025, 11:02 AM

Jan 13

The public was used to TSF’s non stop self aggrandizement and when Joe came in, put his head down and plowed forward doing the work without a lot of fanfare, it was perceived as him not doing anything. The MSM could’ve helped but they were too busy trying to keep TSF in the news.

wnylib

(25,183 posts)

13. Agree.

Reply to bluesbassman (Reply #12)

Mon Jan 13, 2025, 11:03 AM

Jan 13

Johonny

(22,627 posts)

15. Yes, I do believe the era of bragging

Reply to bluesbassman (Reply #12)

Mon Jan 13, 2025, 11:08 AM

Jan 13

Is upon us so long as social media dominates.

I do wonder if Democratic contenders should take a page from Trump and act as president basically pretending to have daily policy rants. If Mark Cuban is serious, we may see just that.

bluesbassman

(20,040 posts)

16. I think they should. The public expects it.

Reply to Johonny (Reply #15)

Mon Jan 13, 2025, 11:20 AM

Jan 13

Within reason of course.

IronLionZion

(47,369 posts)

9. It was like that with Jimmy Carter

Reply to Johonny (Reply #2)

Mon Jan 13, 2025, 10:51 AM

Jan 13

his foresight and impact of policies such as creating FEMA and deregulating craft beer brewing were only appreciated much later.

wnylib

(25,183 posts)

14. Yes, I remember the RW attacks on Carter.

Reply to IronLionZion (Reply #9)

Mon Jan 13, 2025, 11:04 AM

Jan 13

sop

(12,314 posts)

3. The New Republic's Greg Sargent wrote Friday, "this will be the second time Trump inherits a good

Reply to FightFight (Original post)

Mon Jan 13, 2025, 10:12 AM

Jan 13

economy from a Dem president, the second time Trump takes credit for his inheritance, and quite possibly the second time he destroys it."

Bernardo de La Paz

(52,249 posts)

11. Born on third base and claim he's fixing "American carnage". Yup, read that script before. . . . . nt

Reply to sop (Reply #3)

Mon Jan 13, 2025, 10:57 AM

Jan 13

bronxiteforever

(9,805 posts)

7. Trump will crater the economy. His real constituents

Reply to FightFight (Original post)

Mon Jan 13, 2025, 10:42 AM

Jan 13

The billionaire boys club will get their large portion of our economy while the rest of us eat their dust.
The GOP will wreck the economy. It is what they are good at.

IronLionZion

(47,369 posts)

8. If you want the economy to crash and burn, vote GOP

Reply to FightFight (Original post)

Mon Jan 13, 2025, 10:48 AM

Jan 13

it's not a coincidence if you look at Trump's last presidency and both Bushes. When will people learn.

Klarkashton

(2,756 posts)

17. all of a sudden he will take credit for the "great economy'

Reply to FightFight (Original post)

Mon Jan 13, 2025, 12:12 PM

Jan 13

By the end of the month.

Orrex

(64,604 posts)

18. Why doesn't he just fucking die already?

Reply to FightFight (Original post)

Mon Jan 13, 2025, 12:21 PM

Jan 13

DemocratSinceBirth

(100,513 posts)

19. We have the best economy this millennium.

Reply to FightFight (Original post)

Mon Jan 13, 2025, 12:33 PM

Jan 13

Structural problems still exist.

dickthegrouch

(3,860 posts)

22. Another little consequence of deporting undocumented workers

Reply to FightFight (Original post)

Mon Jan 13, 2025, 04:34 PM

Jan 13

Almost all the responsible articles about deportations talk about the workers paying into programs that they are extremely unlikely to collect from.
The corollary to employing citizens in those jobs is that they will have an expectation of collecting from the programs that Musk and TFG want to steal from.

Reply to this discussion