Matt, your simplistic economic analysis betrays your political
bias. Trump's policies from his first Administration
contributed to the oncoming recession. Trump promised tax
cuts that would favor working and middle-class Americans, but in
reality gave tax cuts only to the most wealthy, widening income
inequality and encouraging massive tax fraud. Trump promised that
his tax cuts would pay for themselves by generating strong economic
growth, but that never occurred, and the tax cuts for the wealthy
ended up adding between 1 trillion and 2 trillion to the federal
debt
In addition, the Covid-19 pandemic, Russia's war in the Ukraine
and Federal Reserve policy mistakes were largely beyond Biden's
control. Were Biden's economic policies blame free? And were
all of Trump's policies unproductive? Of course not. But to
blame oncoming economic problems entirely on Biden and and Harris
detracts a little from your credibility on more pertinent issues to
subscribers. Oh - one more thing. Kamala has a last name,
just like Donald...
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Matt, your simplistic economic analysis
Unemployment rate, and Yield Curve, the economy and big picture, and some politics
Posted by jimsim on 3rd of Aug 2024 at 02:57 pm
Matt, your simplistic economic analysis betrays your political bias. Trump's policies from his first Administration contributed to the oncoming recession. Trump promised tax cuts that would favor working and middle-class Americans, but in reality gave tax cuts only to the most wealthy, widening income inequality and encouraging massive tax fraud. Trump promised that his tax cuts would pay for themselves by generating strong economic growth, but that never occurred, and the tax cuts for the wealthy ended up adding between 1 trillion and 2 trillion to the federal debt
In addition, the Covid-19 pandemic, Russia's war in the Ukraine and Federal Reserve policy mistakes were largely beyond Biden's control. Were Biden's economic policies blame free? And were all of Trump's policies unproductive? Of course not. But to blame oncoming economic problems entirely on Biden and and Harris detracts a little from your credibility on more pertinent issues to subscribers. Oh - one more thing. Kamala has a last name, just like Donald...