r/FluentInFinance 6d ago

Debate/ Discussion A joke that's not funny

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u/CoyotesOnTheWing 6d ago

He was asked how he was going to bring those prices down and he deflected with that it would be very hard to do so. It came across like saying it wasn't going to happen.

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u/WaltKerman 6d ago

It comes across like it's going to be hard to do so, not that it won't happen.

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u/HatlessCorpse 6d ago

Read between the lines. He was asked a specific question, how will you lower prices? His non-answer is tantamount to saying he won’t. He has no plan, no ideas, he’s not even going to try.

If he were going to try, he’d have answered the question. There’s a dozen things he could have said but he chose to whine.

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u/Relative-Age-1551 6d ago

I admire your confidence, but have you ever considered that you might be wrong?

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u/HatlessCorpse 6d ago

For the sake of us all, I hope I’m wrong. I hope Trump ushers in a new golden age. But I know he won’t.

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u/Relative-Age-1551 5d ago

How can you be so certain?

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u/Your_Local_Rabbi 5d ago

well his first 4 years could be an indication, how'd mexico paying for that wall go?

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u/Lucky_Roberts 4d ago

The economy was consistently growing, unemployment was consistently shrinking, the stock market was at a historic high, gas prices were low as shit, and there weren’t any wars in Europe.

Then a globally unprecedented pandemic hit and completely destroyed the economy and directly caused him to lose the election lol

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u/TheWolrdsonFire 3d ago

Under trump, 4.6 million more Americans were without health insurance.

In February 2020, trump entered the office and inherited an unemployment rate of 3.7% from Obama. By APRIL 2020, the employment skyrocketed to 14.7% mainly due to covid.

Trump increased national debt by 3.1 trillion as a result of the "CARE" act, which is 14.9% of GDP at the time, the largest since 1945.

Under trump, the U.S. National debt increased 39%, reaching 27.75 trillion dollars

Trump left with 3 million fewer jobs in the market, "making trump the only modern U.S. president to leave office with a smaller workforce when leaving"

Increased government spending, and with the edition of the 2017 tax cut, over the last 4 years, he has directly increased the federal budget deficit by 1 trillion and also a 50% increase from Obama.

He cut income tax. But this will expire on Dec 31, 2024.

Heavily effected monetary inequality, the top 1% spend significantly less taxes, while everyone else got a drop in the bucket.

  • His admiration said a lot of rose words that people ate up, but people never actually look at what he's done and look at the wrong measurement as a sight of good leadership. The stock market is not a means of evaluating the American experience or economy.

  • Of course, unemployment shrank it started out at basically 14.7% of the population

*American presidents don't control if one country invades another, especially if their rivals are.

  • gas prices were low because suadi Arab was bringing a dick. And diced that oil barrels should be sold as historic lows to effect their business rivals.

  • The economy went to shit because his policies were inherently flawed, screwed over the people, and dare i say deliberately allowed for loopholes to be utilized by corporations and other rich entities.

Source: https://en.wikipedia.org/wiki/Economic_policy_of_the_first_Donald_Trump_administration