Quote:
Originally Posted by blankall
The USA is a great example, as they just had 8 years of one of the most left wing presidents in history and it now being followed up by a very non-left wing president, in Trump.
|
Sorry, but what makes Obama "one of the most left wing Presidents in history" exactly? By most non-partisan accounts he was largely centrist. The only really lefty thing Obama did was the Affordable Care Act and even that was for-profit health insurance.
Quote:
|
The unfortunate reality is that growth for the working class in America was stagnant during Obama's administration. They watched globalization push real estate out of their grasp and force jobs out of America. The wealth gap between the rich and the working class grew to new heights. Under Trump things are much better economically for the working class. Part of this may just be luck and outside economic conditions. Obama, however, did little to challenge globalization and outside forces like China.
|
The decline of the wages and jobs for the working class have been in decline since the Great Recession. Those jobs have not returned with Trump despite his lies to the contrary.
https://www.americanprogress.org/iss...s-wages-arent/
Quote:
|
Essentially, the administration was in a position to do nothing and take credit for the continuing improvement of the economy—but that’s not what happened. A large tax cut for corporations and the wealthy put upward pressure on interest rates, making large purchases more expensive. Changes in the U.S. posture toward the Middle East have contributed to significantly higher gas prices, while the early effects of the administration’s trade shenanigans have started to drive up the price of imports.6 Each of these issues by itself is not huge, but the sum total is enough that for the second month in a row, real wages are lower today than they were a year ago.
|
According to this^ Trump's anti-globalization agenda is actually costing the working class.