The Trump Economy

I assume we will all agree that this is the Trump economy. No more blaming Biden. So, how goes the Trump economy? Are prices down as he promised? Is the economy flourishing and the average person doing better today than they were when Trump took office? Is Trump really an economic genius?

The level that he has fucked the economy too is barely showing at this point. People are in for a shock I fear.

Six months in a row of a declining economy due to tariffs.


And this is just the beginning.

Originally Posted by offshoredrilling

Dollar is down almost 3% YTD, gas is still over 3.00, used car prices going up because of the tariffs that are hitting new car production, john deere lays off hundreds pointing to strains in the ag industry.

I assume we will all agree that this is the Trump economy. No more blaming Biden. So, how goes the Trump economy? Are prices down as he promised? Is the economy flourishing and the average person doing better today than they were when Trump took office? Is Trump really an economic genius? Originally Posted by 1blackman1

Of course you can still blame Sleepy Joe. Imagine the logistics it takes to take care of 10 million-20 million illegals that weren't here before 2020 as in housing, food, water, medical expenses, etc. The more people you have chasing the same item in the store causes prices to go up. Inflation up and going to keep going up for the forseeable future. Rents are way up because of Biden bringing in millions of illegals. America is still feeling the full effects of the Biden Administration 100%. Biden made things way worse.

Six months in a row of a declining economy due to tariffs.


And this is just the beginning. Originally Posted by VitaMan

The beginning was 1913, what we're seeing today is the END GAME.

That makes ZERO sense.


Trump also wrecked the soybean markets and the copper markets by his wishy washy back and forth
policies.

A grand 53,000 jobs added to the workforce. We know for sure these are the best numbers because Trump put in his own people.

That makes ZERO sense.


Trump also wrecked the soybean markets and the copper markets by his wishy washy back and forth
policies. Originally Posted by VitaMan

It makes perfect sense to me. Allow me to rephrase. Since 1913 the dollar has been declining for a long time and has lost 96% of it's purchasing power. 112 years of losing. Six months represents a blink of an eye in an already wrecked economy with a fiat currency in collapse. Nobody can pin this on one man when it's been a collective effort.

Incorrect. It has never been clearer 1 man is responsible for Trump administration policies. Using your reasoning 4 years is also a blink of an eye and no one would ever be responsible

Is it the Trump economy? Or the Fed's economy? Maybe the tech economy since technology has contributed more to our high standard of living than any living politician. How about the business cycle's economy? Or Biden's economy? ( We're still struggling to get inflation down from the Democrats' excessive stimulus spending, although admittedly Trump's tariffs may have more to do with that.) Or for that matter maybe we should call it the "Wuhan Economy", as certain sectors haven't recovered from from the pandemic yet. Maybe the governors' economy. Collectively Gavin Newsome, Greg Abbott and other governors' and legislatures' policies perhaps had a bigger effect on their economies during their terms than Trump has during the last 7 months. How about Congress' economy. Spending bills originate in the House, although admittedly the current crop of Republican representatives is a meek bunch.

In other words, usually other factors and people collectively have a lot more influence over the economy than the president. But yes, it's possible Trump may have made a monumental fuckup with his tariffs like Biden did with the American Rescue Plan. If that's the case, then it will be appropriate to call it the Trump Economy. However, the fat lady hasn't sung yet.

Originally Posted by TheDaliLama

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#### Salty

Is it the Trump economy? Or the Fed's economy? Maybe the tech economy since technology has contributed more to our high standard of living than any living politician. How about the business cycle's economy? Or Biden's economy? ( We're still struggling to get inflation down from the Democrats' excessive stimulus spending, although admittedly Trump's tariffs may have more to do with that.) Or for that matter maybe we should call it the "Wuhan Economy", as certain sectors haven't recovered from from the pandemic yet. Maybe the governors' economy. Collectively Gavin Newsome, Greg Abbott and other governors' and legislatures' policies perhaps had a bigger effect on their economies during their terms than Trump has during the last 7 months. How about Congress' economy. Spending bills originate in the House, although admittedly the current crop of Republican representatives is a meek bunch.

In other words, usually other factors and people collectively have a lot more influence over the economy than the president. But yes, it's possible Trump may have made a monumental fuckup with his tariffs like Biden did with the American Rescue Plan. If that's the case, then it will be appropriate to call it the Trump Economy. However, the fat lady hasn't sung yet. Originally Posted by Tiny

... Great Post, Tiny!

#### Salty