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Topic | Trump 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.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. 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! |
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