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Originally Posted by Lanny_McDonald
Yeah, not so fast there sparky. Take a closer look at that graph you sourced.
Trump's policies were not felt until late 2019 as the policy was finally implemented fully in early 2019. See the dip beginning? The pandemic exacerbated the speed at which those market forces were felt, but they hit the market and consumer hard.
People being happy does not equate to understanding what was happening to them. I'm sure people on the Titanic were pretty happy until someone wondered, "what was that bang?" and noticed the water coming in on the lower decks. That's the tough part of complex systems. Without understanding the machinations of what is put in play it is easy to become complacent and be happy while things sink around you.
Trumps policies certainly are catastrophic to much of the nation. For a party that likes to cry about wealth transfers, Trump's Tax Cuts and Jobs Act of 2017 did nothing but give billionaires free money and pass that cost onto the tax payers, most of which received very little in comparison. So not only did they get crumbs from the meal, they got left paying the tab, a bill that will take generations to paydown. But focus on happiness factor, until they see the bill and come to the realization they were duped.
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So you seriously think that none of Trump’s policies had any effect until #### hit the fan with the pandemic? And you’re arguing with me that you’re not shifting things to fit your narrative? Please show me any data that supports your position. I’ve shown you data that supports mine, you can either ignore that and move the goalposts to fit your narrative, or actually provide any data and evidence that backs your views.
For example, when you talk about Trump’s tax cuts doing nothing for poorer people, are you going to completely ignore the doubling of the standard deduction, which is going to basically only affect the lower and middle classes?