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Trumponomics, the sequel

Discussion in 'BBS Hangout: Debate & Discussion' started by adoo, Nov 18, 2024.

  1. adoo

    adoo Member

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    astros123 likes this.
  2. JuanValdez

    JuanValdez Member

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    Closing date is during a worldwide pandemic that Trump may have grossly mishandled but didn't start. If we're really going to talk about what he's going to do to the economy, this is starting out on the wrong foot.
     
  3. SamFisher

    SamFisher Member

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    Trumpflation already edging up - good luck once the tariffs start driving it higher everyone.
     
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  4. juicystream

    juicystream Member

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    Yep. We can criticize Trump for a lot, but it is hard to judge on the effects of a global pandemic that had severe negative impacts worldwide.
     
    Astrodome likes this.
  5. adoo

    adoo Member

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    • started the global trade war---creating supply chain bottlenecks---planting the seeds for global inflationary pressure
    • did bother to pass the infrastucture bill
     
  6. ElPigto

    ElPigto Member
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    I also would like to see a proper comparison prior to March 2020.
     
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  7. adoo

    adoo Member

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    Trump had control over
    • the global trade war
    • passing of the infrastructure bill
      • he did not bother to pass it


    btw, the Pandemic did not take place until Trump's last yr in office
     
    #7 adoo, Nov 18, 2024
    Last edited: Nov 18, 2024
  8. JuanValdez

    JuanValdez Member

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    Sure, and we can talk qualitatively about his past and future mistakes. And I would also say that all presidents face unforeseen and uncontrollable events that impact their numbers -- in fact, I would say that most of the numbers on the menu of that graphic are poor indicators of presidential performance because presidents have a minority share of influence on those metrics. On the flipside, Trump's strongest appeal in the election was based on his performance "on the economy." So it might be only fair to make him take the blame too if he's going to get the credit.

    And he's proposing to do some radical stuff with our economy, so he's probably going to have a larger impact on the economic success or failure of the United States over the next 10 years than the average, more staid president would.
     
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  9. adoo

    adoo Member

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    taken as a whole, they have been / are / will continue to be good indicators of economic performance

    perhaps you can come up w some better metrics
     
  10. DaDakota

    DaDakota Balance wins
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    If he gets his cabinet picks it will be war over the next 4 years and the economy will tank.......

    DD
     
  11. JuanValdez

    JuanValdez Member

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    Some of those are good, though I'd like to see added a metric on economic disparity. But, 'economic performance' isn't what I'd said -- I'd said 'presidential performance,' which isn't remotely the same. Oftentimes decisions presidents make that will impact the economy are not felt until years later (like Biden's infrastructure bills). And things happen in the world that are beyond a president's control (like covid). Even the things that presidents can do and are felt in the near term aren't readily isolated by economists from the dynamic swirl they are set in -- so you couldn't even say definitively that doing X caused Y% inflation or Z% GDP growth.
     
  12. Space Ghost

    Space Ghost Member

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    You said the exact same thing in 2016 and it was one of the most peaceful times in my life. Trump is not a war monger like the current administration, which by the way, is supported by King War Monger himself, Dick Cheney.
     
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  13. No Worries

    No Worries Member

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    Blaming inflation on Biden is also starting off on the wrong foot.

    [​IMG]
     
  14. No Worries

    No Worries Member

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    Not a serious opinion. Be better.
     
  15. adoo

    adoo Member

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    ???

    reminiscent of your rationalization that price gouging tactics (admitted by a Korger pricing executive in an email) isn't evidence of price gouging.
    https://bbs.clutchfans.net/threads/price-gouging-in-the-headlines.324031/
     
  16. astros123

    astros123 Member
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    Give me a break. Biden gets all the blame for inflation that was caused by covid but trump doesn't get any of the negative from covid. What a bs double standard
     
    Xopher likes this.
  17. JuanValdez

    JuanValdez Member

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    I'm not sure of the relevance, but my opinion about price gouging hasn't changed.

    I never blamed and do not blame Biden for inflation, which I think was primarily caused by covid with a possible secondary culprit being Trump's trade wars. To whatever extent Biden's covid shutdown or covid stimulus might be responsible, I don't regret it at all. Standards of living would have been hit much worse than they were by inflation if there was no public health or aid during the actual crisis. The double standard you're seeing is some conflation of what I said contrasted with what some asshat I don't agree with said.

    If we did one, I expect that we'd see positive job growth, maybe lower unemployment, high stock market performance, and slightly improved murder rate. But that doesn't mean Trump's administration wasn't a dumpster fire.
     
  18. astros123

    astros123 Member
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    Bidens covid shutdowns???? Can you show me these shutdown that happened under biden?
     
  19. Xopher

    Xopher Member

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    Can't. Stuff started opening up under Biden because the vaccine was released in Dec. 2020
     
    adoo likes this.
  20. astros123

    astros123 Member
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    Its just amazing how poll after poll thinks the trump shutdowns happened during Biden when it happened under trump in March of 2020.

    Its just mind blowing how Americans think covid entirely happened under biden. I dont understand what happened to Americans
     
    Xopher likes this.

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