The historical trend of the economy being better under Democratic administrations would continue. The historical trend over the last 100 years shows that the U.S. economy has generally performed better under Democratic administrations compared to Republican ones. This is reflected in various metrics such as GDP growth, unemployment rates, and the frequency of recessions. Sources indicate that from World War II onwards, Democratic presidents have overseen higher average annual GDP growth and lower unemployment rates compared to their Republican counterparts. For example, GDP growth has averaged 4.23% per year under Democratic presidents, compared to 2.36% under Republican presidents. Job creation has also been more robust under Democratic leadership, with an average growth rate of 1.7% per year versus 1.0% under Republican administrations (Wikipedia) (Belfer Center) (The Balance) (US Joint Economic Committee). And with that: The full Moody’s analysis Moody's: Trump's Economic Plan Would Trigger a Recession by 2025 According to an analysis from Moody's Analytics, Trump's MAGAnomics economic plan ⎯ slash taxes for the rich, spike import tariffs, and institute mass deportations of immigrant workers ⎯ would trigger a recession by mid-2025, with an economy that would slow to an average 1.3% annual growth, vs. 2.1% under Biden. According to Moody's, next year under a Trump administration inflation would rise from the current 3.3% to 3.6%, well above the 2.4% forecast for next year under Biden. The U.S. would have 3.2 million fewer jobs and a 4.5% unemployment rate at the end Trump's term, compared to Biden's 26-straight months of unemployment under 4%. Moody's Analytics predicts inflation spike if Trump wins (thehill.com) Inflation could reaccelerate if former President Trump wins the White House and Republicans win control of Congress, according to a recent report by Moody’s Analytics. Under the so-called Republican Sweep scenario, which the forecasters place at a 35 percent probability, consumer price inflation accelerates from 3 percent in 2024 to 3.6 percent in 2025, according to the three economists who authored the report. Trump policies — including higher tariffs, tax cuts that stimulate the economy and an exodus of foreign immigrants that could tighten the labor market and increase labor costs — would fuel the uptick in inflation. “The Federal Reserve, which is focused on labor costs and inflation, may feel compelled to resume its rate hikes, or at the very least wait longer to cut rates. Recession becomes a serious threat once again,” the economists wrote. In contrast, a Biden victory this November would have no impact on the economists’ baseline inflation forecast of 2.4 percent in 2025, according to the report. If Biden wins the White House but there’s a divided Congress, which Moody’s set at a 40 percent probability, the economists projected inflation to continue to fall and return to the Fed’s 2 percent target by summer 2025.
to say Trump is unpredictable would be putting it mildly; the same goes for his economic policies, as evidenced by his 4 yrs in office so, take Moody's analysis with a grain of salt. IIRC, during the 2007- 2009 financial crisis, which necessitated bail-outs by the federal government., Moody's gave the US the highest grade for credit worthiness on the other hand, Bidenomics has been orchestrated / implemented in a predictable manner---notwithstanding misinformation by right wing media perpeturated by the Koch brothers--- using fiscal stimuli and accomodative monetary policies to grow the economy to re-build the mfg base / infrastructure promote full employment and price stability, as well as green energy should Biden win, in 2024, the US will be having a Christmas bull run on Wall Street, the lights of which we've never seen while i don't see the PCE hitting the 2% target this year; w a Biden win, i m confident that it will hit the mark in 2025. when that happens, in 2025, the US will be having the mother of all bull runs on wall street along the way, we'll witness the total humiliation / destruction of the de-dollarization effort by Russia/China/India. efficiency prevails over geo-politics; the dollar hegemony continues, only more so.
the Biden admin has generated positive job creation every month, for 41 consective months. even if Biden win re-election, his admin will be hard-pressed to break Obama admin's record of 75 straight months of job growth
I can comprehend what you are saying, but I do find it's a bit hard to read with the formatting you use. Old habits of traditional style. FWIW
Sucks for you to have waisted time reading a 30 page article when you should take the word of a rando on the internet to dump on it in less than five mins.
For the love of your brain, don't. I've seen bits of Trumpflation on my feed, but it's similar stuff anyone can predict...more spending, more tariffs, less globalization, less immigration, and keeping a back breaking tax cut. There's no doubt he'll try to add another tax cut for his buddies even when the business cycle can't be fought anymore. I'm kinda iffy on their predictions because they don't mention any form of deficit spending during a downturn. We've been so primed for a stimmy or refund, that Pelosi has probably written up the most grease laden, options-trade friendly Care Package to make passing one as bipartisan as possible. Oddly enough, a Biden presidency would probably make that shelved immigration deal more likely to pass than an entirely Bigger and Better Immigration Bill written by Trump plus a Con congress. If Trump gets a sweep, he's not going to push that first and probably let the issue simmer for a year by adding expensively dumb wall plans as riders to kill the whole package. Instead, he'll use that first time honeymoon credit for said tax cut or Corporate "Job Saving" Forbearance because that's the Only Thing donors give a **** about every 4 years. I'm guessing more under the table **** immigration for more under the table labor under Trump (plus ICE cages for children because liberul tears >>> real numbers)...Irony is a b****. Trump wanting an across the board 10% tariff is news to me, and it's pure insanity. I thought it would be selective tariffs like the one he started and Joe built back better to make it his. I guess that makes his anti-China policy different than the one Joe stole but value added terms like "Friendshoring."I don't really understand how that benefits anyone though. What kind of numbers are the Rust Belters/Old South giving for him to peddle that and Joe pivoting? This sounds like Carrier/Foxconn bait and switch all over again. Trump has also promised to mess around with Fed independence rather than wait until 2026 for changing the Fed Chair. Not sure he'll get his way and **** up rates his way, but who knows?
Trump has a track record, no one expects trump to clean up this disaster of administration after 1 or even 2 years. The damage Biden has done is gonna require a trump presidency and a two term president like desantis coming in right after him. The democrats are demonic and they can’t be in power for a good 12 maybe even 16 years till they start to become less crazy
DAMAGE BIDEN? WTF are you smoking? 41 straight months of job growth, got us out of the Pandemic, largest infrastructure bill ever signed, and would have had an immigration policy if the little $HIT GOBBLERS in the House of representatives could extract their lips from Trump's a$$hole ! BIDEN has been terrific .....and the USA is stronger with him in office. DD
Bruh Biden is the first president that has lied to me so much that I trust nothing he or msnbc/cnn even report when it comes to him Just off the top of my head within the last few months this fool Biden said that there “was nothing he could do eo wise to halt the record border crossings.” Not even a month later this guy uses an executive order to try and fix the problem that he said he couldn’t fix without bipartisan support smh. No one called him out on that. This fool was trying get the republicans to approve a “border bill” that including tons of more money to Ukraine And how could we forget mayorkas and kjp saying for 3 years the border was secure oh and inflation was supposedly at record highs when he got in office another lie. It was at 1.8% in january of 2021. what a joke this guy Biden is, trust nothing he or his administration says or does. Plus he is moving like the dictator he is accusing trump of being. I’m still pissed I was forced to take the jab in order to keep making a living and keep a roof over my head https://amp.cnn.com/cnn/2024/05/14/politics/fact-check-biden-inflation-when-he-became-president
this is Maga shorthand for I will not believe in any facts, nor will I engage in any discussion about topics that could possibly be positives for the Biden administration. Rather, I will carefully curate what “facts” I believe and they just so happen to conform to my desired world view, that democrats and Biden are incompetent and evil. prove me wrong. Address one simple verifiable fact - job growth under the Biden administration.
First, you are full of $hit - Trump lied more than any other President in history. 2nd Biden had a bill in congress agreed to by the Senate - for immigration, he WANTED the system to work, but Little Mikey Johnson took orders from the former INDICTOR in chief and poo poo'd it so he had to do an EO. Also, there is NO crisis, why is it that New Mexico doesn't have one, or Arizona, or California? Because it is made up nonsense....we actually NEED more immigration, not less, our economy has more jobs than people. Because BIDEN gets it done.....he isn't bought and paid for by the NRA, or Russia or corporations that are screwing you over and not paying taxes. The only knock on Biden is his age, and Trump is essentially the same age. Turn OFF FOX and NEWSMAX - they are Propaganda for the cultists, like you! DD
Lmaoooo Donald trump who's lies led to an insurrection on the capital is more truthful than biden? The immigration bill was drafted by James Lankford who's a republican from Oklahoma. It wasn't a Biden immigration bill You MAGA are sincerely the dumbest people on planet earth You folks said the same thing in 2023 and your braindead predictions didn't happen then. You're clueless
I've met a lot of liars in my life, but have never met anyone who lies as compulsively as the orange man, and it's not even close. It takes a seriously mentally disturbed human being to lie at the frequency he does, which is around 1 lie out of his mouth for every 3 minutes he speaks. The sad part is that his red hatters don't even realize they've been fed over 30 lies in an hour and a half at his rallies.
His true supporters are sad, lonely people - who are frustrated and desperate to belong to something, they have been passed by in life, and generally need something to latch onto. The RICH that support him are greedy selfish asshats, who just want tax breaks - and don't care how many women he raped, or children he raped, or fraud he committed as long as they get their tax breaks. They are the immoral of the world....and need to be dealt with.... DD
If Trump wins, those barely living above poverty are not going to see their lives get better. Don't they get that? They aren't going to be able to afford dental care or healthcare or "for profit" private schools. Their public schools will get worse. They won't be able to afford prescription drugs. If farms lose a big percent of migrant workers prices for food will go up. If billionaires are allowed to strip away safety regs in their chemical plants, factories, and industries they will be put more at risk on the job. The water, air, and environment won't be as clean. People will be more at risk when living near areas where toxic chemicals are dumped, air is polluted, and so on. But ...those red hatters will get to say, "I might have two teeth left in my head, and can't afford no fancy doctor, but we stuck it to those Dems by electing Trump."
@StroudAndYorDaddy this loser claims its going take another 4 years of trump to reverse what happened under biden but under biden the crime wave that happened under trump back to historic lows. What exactly is trump going reverse? These people are such braindead sheep. They call everything fake news which doesn't back their delusion. These morons refuse to believe anything
