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Old 10-30-2024, 03:11 PM   #23312
Mathgod
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Quote:
Originally Posted by ThePrince View Post
People can't keep moving goal posts though. In this thread, the consistent messages have said Trump is terrible for the economy, but then when actual data is presented, it gets sidestepped as it was either Obama's policies that led to it, or that he actually didn't have much to do with the economic performance. At the same time, there are plenty of posters saying that Biden/Harris has been great for the economy and the US has had record growth, but that is directly attributable to Biden/Harris policies and Trump had nothing to do with it. You can't have it both ways.

Everything is just spun to fit the narrative, which is incredibly disingenuous.

Personally, I do think the economy did well under Trump. I also think the economy has done well under Biden/Harris. As you rightfully point out, there's a lot of factors for all of this. I don't feel the need to say everything Trump did is terrible and everything Biden is doing is wonderful.
When you balloon the national deficit like Trump did, you're basically withdrawing from the future to make things better now. It's not sustainable long term. Biden couldn't reverse the Trump tax cuts for the rich, which is why deficits continue to be high. Also, investments in infrastructure and climate action were badly needed, and were neglected under Trump.

Trump also slashed environmental regulations across the board and allowed companies to pollute rampantly. Of course removing regulations is economically stimulative, but it comes at a terrible cost.
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