The economy is NOT strong...Stop saying that!

[maxrandb]

Donnie Dollhands "best" economy is nothing but a hoax.

Nothing proves that more than the stock market collapse.

This pandemic was going to cause economic problems. A truly "strong" economy would be able to absorb this with a 5-10 percent hit... NOT a 20-30 percent hit.

The truth is that Donnie Short Fingers "economy" was and is a "house of cards". It was and is a flashy Hollywood set. It may look like bricks and mortar, but it's just painted canvas held up by balsa wood and piano wire. It's a suspension bridge built out of matchsticks.

President Obama rescued the economy from a cliff. He put in place policies for slow and sustainable growth. Deficits were coming down. Wages were growing, slowly... but they were growing. Health care was becoming more comprehensive and less expensive.

Donnie Shit for Brains wrecked it all.

His "strong" economy wasn't built on anything sustainable. Tax cuts were given to the already wealthy, and they went on a stock buyback shopping spree.

Suddenly, the measurement of the economy came down to how much some CEOs stock grew.

Donnie Dipshit destroyed entire markets around the globe with his stupid, racism infused tarrifs.

Unemployment continued on the same downward trajectory it was on under President Obama, but wages grew at a rate barely keeping up with inflation.

If this economy were truly strong, the effects of Coronavirus would be a bump in the road.

But my above paragraphs are only part of the story.

The biggest part is the absolute imcompetence of this Retrumplican misadministration.

During a crisis, people look up to see who's in charge. Americans eyes have fallen on Donnie Short Fingers, and it's not inspiring, comforting or hopeful.

Michelle Obama said that the White House doesn't change you...it reveals you...so does a crisis.

[TwilightZone]

1. It's all he has.

He has to convince people that it's good because it's the only thing holding up his approval ratings.

Everything he does is geared toward one of two things: 1) personal gain, and 2) his reelection in November. Everything.

[Brainfodder]

2. Framed for Fox News propoganda!

This is past ludicrous, I half expect him to fake his own death any minute.

[dawg day]

3. That is so true-- a friend of mine ('moderate') has said since 2017: "The economy is booming!"

I pointed out that Trump has had to bully the Fed into dropping interest rates to near nothing, give the rich a trillion dollars, give investors all sorts of tax cuts, and even in that case he can't get much above 2% growth. (Maybe if he'd put the money into infrastructure and green research... but of course not. Silly me.)

The friend said, "Well, the market is booming, and it wouldn't be if the economy wasn't booming."
I said the growth was built on sand, not actual value, and it would collapse.

Sorry to say, I was right. If there'd been any real value in the market "Boom", it wouldn't have collapsed in a week.

[2naSalit]

4. Loser45 is a hoax. ...nt

[Johnny2X2X]

5. Nominal GDP less than 1% for years

The 2% plus growth we've seen in the last 2 years was mostly just inflation. Real GDP growth was around 0.7%.

UE rate is low, it was low when he took over. Real wage growth has been almost 0.

3/4 of economists were predicting a recession by 2021 last year before anyone had ever heard of the Coronavirus.