My thoughts on Donald Trump.....

Former U S President Donald Trump was,in my opinion,the best President there has been for the lower and middle class since Ronald Regan.His common sense economic policies produced an unprecedented time of prosperity,his tough stance on illegal immigration was long overdue and his foreign policy made it clear that under his watch America was no longer going to be pushed around.And he was perhaps the greatest allie to Israel ever seen.He was horribly abused by his political opposition and treated with a mostly total unfairness by a dishonest media.Ill always respect the wonderful things he has done for this country,but I think there is one more thing he should do;perhaps for him the most difficult thing of all:DONT RUN FOR ANOTHER TERM.Although its for reasons that are mostly not his fault,it is clear that it would not work out.The corrupt leftists would simply continue there dishonest and illegal attempts to oust him from power,and they'd be obstructing him at every turn,with the corrput establishment media cheering them on.Also,there are significant amount of Never-Trumpers(or as I like to call them,PEOPLE-DISATTACHED-TO-REALITY)who wouldnt vote for him at all.And if one were to be honest,the fact is that the man is getting old.Unlike the senile idiot currently there,he does still possess is mind,but older is older and everyone slows down at a certain point.The best thing that Donald Trump could do is pass off the office to a younger person with the right temperament who can take his ideas into the next cycle(Ron DeSantis!)Am I right?

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ElwoodBlues · M

The numbers prove your economic claims are wrong. There are two things during the Trump admin that were economically exceptional. The first was the loss of 22,000,000 jobs during April & May of 2020. The second was Trump's $4.1 TRILLION in socialist handouts to companies and individuals during 2020. Let's compare Trump's numbers to other recent presidents:

[u] JOB CREATION[/u]
Reagan 16.5 million
Clinton 18.6 million
Bush 5.8 million
Obama 8.9 million
Trump NEGATIVE 3 million

[u] YEARLY DEFICIT[/u]
Reagan $79 billion to $152 billion
Clinton lowered our deficit from 255 billion to a $126 billion SURPLUS in 2001
Bush raised deficit from 0 to 1412 billion
Obama lowered deficit from 1412 billion to 585 billion
Trump raised from 585 billion up to ~4000 billion

[u] DJIA[/u]
Jan 20 1981, Reagan takes office 946;
Jan 20 1989, Reagan leaves office 2235;
Up 136% or 11.3% growth per year.
Jan 20 1993, Clinton takes office 3242;
Jan 20 2001, Clinton leaves office 10588;
up 227%, or 15.92% growth per year.
Jan 20 2001, Bush takes office 10588;
Jan 20 2009, Bush leaves office 7949;
NEGATIVE 3.5% per year.
Jan 20 2009, Obama takes office 7949;
Jan 20 2017, Obama leaves office 19827;
up almost 150% over 8 years, or 12.1% per year (1.121^8=2.49).
Jan 20 2017, Trump takes office 19827;
Jan 20 2021, Trump leaves office 30,930;
up 56% over 4 years, or 11.76% growth per year.

[sep][sep][center]UPDATE[/center][sep][sep]
Long term, how do the parties compare??
[quote]From 1952 through June 2020, annualized real stock market returns under Democrats have been 10.6% compared with 4.8% for Republicans.[/quote]
https://www.forbes.com/sites/sergeiklebnikov/2020/07/23/historical-stock-market-returns-under-every-us-president/#51469926faaf

That's right, if long term economic growth is your goal, Democratic presidents are doing this FAR better than Republicans.

Kwek00 · 41-45, M

@ElwoodBlues
[quote][...] socialist handouts to companies [...][/quote]

😅

pdockal · 56-60, M

@ElwoodBlues
Well those numbers are fascinating
But in reality ....
I was paying less then $2 for gas 2 years ago.
My food bill was 10% lower and i was able to get the goods easily. (What is the price for meat, chicken, eggs etc today compaired to 2 years ago ?????)
My 401k gained and gained.
Did you take into account the covid numbers in the unemployment numbers ?????
How many business shut this year compaired to two years ago ????
If i remember correctly the pipeline employed a whole bunch of workers and that was stopped immediately after the transition of power and that would have helped keep gas prices from being the highest in history!!!!!

ElwoodBlues · M

@pdockal
[quote]and i was able to get the goods easily[/quote]
Gosh, in April 2020, all the supermarkets around me looked like this:

Yeah, gas prices are high. If you were foolish enough to buy a gas guzzler, than I agree, it sucks to be you.
[quote]Overall, the average U.S. driver spends 2.57% of their monthly income on their gas tank.May 18, 2022[/quote]

[quote]Did you take into account the covid numbers in the unemployment numbers ?????[/quote]
I'm inclined to believe that the 22,000,000 lost jobs in 2020 were mostly due to the external factors of the pandemic. Plus, I'm inclined to believe that Trump's 2020 handouts of $4.1 TRILLION were totally socialist and also the right thing to do. I'm ALSO inclined to believe that the inflation we're experiencing now is continued fallout from the pandemic and the handouts of $4.1 trillion. You want to give Trump an economic pass due to the pandemic? I agree. And Biden gets the same.

[quote]How many business shut this year compaired to two years ago ??[/quote] FAR more businesses closed during 2020. We know this by current unemployment numbers.

[quote]If i remember correctly the pipeline employed a whole bunch of workers [/quote]
Yeah, 1000 employed on the pipeline at termination. Not much in comparison to the 22,000,000 lost when the pandemic hit.
[quote]According to a press release put out by TC Energy (the project owner, otherwise known as TransCanada Energy Corporation) and hosted on worldoil.com, the number of actual existing jobs that were lost is 1,000, but the company states that those jobs were held by both US and Canadian workers. [/quote]

pdockal · 56-60, M

@ElwoodBlues
Just because unemployment numbers go down doesn't mean anything because if your not able to collect any more you fall off the rolls and the numbers go down but your NOT working
I never had any issues with getting food or supplies when i went shopping
What the fuck does my choice of cars have anything to do with the fact that the current administration did things (by executive order) that stopped programs that were keeping gas prices low ??????
Past presidents released oil from our reserves long before prices went this high.
My salary isn't going up and I'm losing income and my 401k is hurting which is exact opposite to what happened under the previous administration.

ElwoodBlues · M

@pdockal [quote]Just because unemployment numbers go down[/quote] When unemployment numbers went down, Trump bragged up a storm, don't you remember? So where's your evidence that employment is falling??

[quote]I never had any issues with getting food or supplies[/quote]
So personal anecdotes are everything now? Would you accept the argument that since my income is fine, everybody is OK?? DUUUDE!!! We all saw the panic shopping and the empty shelves!!!

[quote]choice of cars[/quote]
Supply and demand dude!! Trump rolled back the CAFE standards, boosting demand, which made gas more scarce! And it made a bigger difference than one more pipeline that wasn't scheduled to finish for several more years. Did you really think one more measly pipeline would make that much difference??

[quote]My salary isn't going up [/quote]
Again with the personal anecdotes! Just because you weren't one of the 22,000,000 who lost their jobs under Trump doesn't mean times weren't much worse back then!!

This comment is hidden. Show Comment

akindheart · 61-69, F

@ElwoodBlues yeah Clinton borrowed money from social security to balance the budget. Hardly praise worthy if you ask me.

ElwoodBlues · M

@akindheart [quote]borrowed money from social security[/quote]

Perhaps you're thinking of St Ronald of Reagan, who "borrowed" $75 billion from Social Security while doubling the yearly deficit.

Or perhaps you're thinking of Bush who "borrowed" $1.37 trillion of Social Security surplus revenue to pay for his tax cuts for the rich and his war in Iraq.

akindheart · 61-69, F

@ElwoodBlues no i am thinking of Bill Clinton. he did it. please stop deflecting

SW-User

@ElwoodBlues they are quick to credit the Obama economy to Trump, and just as quick to blame the War of 1812 on anyone [i]not[/i] Trump.

Kinda like their hardon for privatizing profits, and socializing losses.

ElwoodBlues · M

@akindheart really? How much did Clinton borrow? Was it more than his $126 billion budget surplus?

BTW, I'm not "deflecting," I'm pointing out the hypocrisy of singling out Clinton for blame for borrowing from the SS trust fund. After all, St Ronald of Reagan set the pattern.

akindheart · 61-69, F

@ElwoodBlues i will have to research the amount since it was so long ago. I know that he was bragging he balanced the budget but in reality he stole the money and never paid it back. and stop the name calling btw. it does not serve you.

ElwoodBlues · M

@akindheart [quote]but in reality he stole the money and never paid it back[/quote] You chose to use the word "stole." Are you insinuating Clinton did something illegal? Are you insinuating he took the money for personal use?? Are you insinuating Clinton did anything different than Reagan & both Bushes? BTW, while you're researching, make sure you check out which years the SS borrowing happened, because most of a president's first year is on the budget passed by the previous president.

[sep][sep][center] UPDATE [/center][sep][sep]
Alas alack! @akindheart chose to BLOCK me instead of answering my questions. [b]SAD!!![/b]