LogFAQs > #949442022

LurkerFAQs, Active DB, DB1, DB2, DB3, DB4, DB5, DB6, Database 7 ( 07.18.2020-02.18.2021 ), DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicTrump HAS to be the worst President in modern history, right?
IMNOTRAGED
01/13/21 12:06:16 AM
#50:


Perthboy posted...
Pre Covid he was doing rather well.
https://www.bostonherald.com/2019/09/14/black-americans-doing-great-under-trump/

Strongest economy, highest pay for African Americans ever, lowest unemployment for minorities ever.

Thank China for ruining his legacy.

https://www.taxpolicycenter.org/taxvox/new-congressional-study-finds-little-economic-benefit-2017-tax-cuts

A new Congressional Research Service report finds that the 2017 Tax Cuts and Jobs Act had little measurable effect on the overall US economy in 2018. And, no, the tax cuts didnt come remotely close to paying for themselves by turbocharging the economy as President Trump repeatedly promised. This was a surprise to few, since most independent analysts predicted more than a year ago that the law would have little economic impact.

https://www.usnews.com/news/politics/articles/2020-06-07/ap-fact-check-trump-exaggerations-on-blacks-economic-gains

Most of the progress came when Barack Obama was president: Black unemployment dropped from a recession high of 16.8% in March 2010 to 7.8% in January 2017. Improvement continued under Trump until the pandemic. Black unemployment reached 16.8% in May, compared with 13.3% for the overall population.
Not all economic measures improved for African Americans under Trump before the pandemic. A black household earned median income of $41,361 in 2018, the latest data available. Thats below a 2000 peak of $43,380, according to the Census Bureau.
More broadly, there were multiple signs before the pandemic that the racial wealth gap had been worsening.

Can we stop with this meme, the economy for the working class was trash under Trump (and has been for a couple of decades). Employment numbers and the stock market aren't good indicators of how most people are doing.

---
https://imgur.com/kkm3QaD
"Be ruthless with systems; be kind to people."
... Copied to Clipboard!
Topic List
Page List: 1