Rather than cherry picking numbers to make Trump look good or bad, let's use an independent source, Bankrate, to compare the last two presidents with respect to the financials:
- Inflation: Prices have risen 19.3% since Biden took office, almost four times faster than the 5% increase three years and five months into Trump’s term.
- Hiring: Three years and five months into Biden’s term, the U.S. economy has created 15.6 million jobs. That compares with job losses totaling 12.6 million for Trump.
- National debt: Biden has so far added $4.3 trillion to the national debt, while Trump approved twice as much during his full term in office ($8.4 trillion).
- Growth: Since Biden took office, the U.S. economy has grown 8.4% when adjusted for inflation, versus a 6.5% growth rate for the same time period under Trump, though the economy was growing at a similar speed to Biden’s before the pandemic.
- Stocks: Overall, the S&P 500 stock index has risen 42.1% since Biden took office, compared with a 33.6% increase over the same time period for Trump, but stocks rose at a faster pace under the second and third year in Trump’s term than they did in Biden’s.
- Consumer sentiment: Confidence in the economy and Americans’ overall personal financial situations has been slumping under Biden, as inflation stays stubborn and consumers’ paychecks lose ground to price increases.
.png)
Trump gives money to relatives, to friends, to his lawyers and to his dictators: Russia and China. The money of the USA is his personal bank. This explains his issues with finances. He himself has little money: all is invested in properties. That is how his father designed his fortune. Trump has to steal from the USA in a way that he doesn't get in trouble legally. His plan is to raise tariffs and the plan of the other countries is to raise their tariffs too. Then he is going to send all illegal aliens back to their home country. Thus the prices of food and other goods will go higher. Will he do it? Will he let go of his latinos that work at mar a lago? at his properties?
ReplyDeleteThe Conservatives and The Heritage Foundation are behind Trump. In the first 180 days, Trump will appoint the staff that will help him accomplish all the ideas from the Conservatives. The current employees will be fired and the Trump followers will take their place. There will be a Federal Freeze in jobs after this. The employees will follow the instructions of the President. This will make Americans happy, rich and closer to each other. Most of the agencies that protect the rights of citizens will be dismantled. The Heritage Foundation has worked with Trump before and now they need him to continue their work. That is why Trump had to lie to voters because he wanted to help the conservatives. In exchange he will be sold to the world as a great leader and the best president of the USA. Ronald Reagan also followed the instructions of The Heritage Foundation. China is the enemy. TikTok will disappear. etc
ReplyDelete