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Friday, July 12, 2019

Fact Check: Actually, the Trump Economy is Benefitting the Very People Democrats Claim It Isn't

One of the trickier bits of political positioning facing Democrats this cycle is how to talk about the American economy. By nearly every metric, it's performing quite well. Unemployment is low, growth is pretty strong, wages are rising, the stock market is up -- and we're in the midst of the longest overall US economic expansion in recorded history. Roughly 70 percent of voters are optimistic about both their personal financial situation and the national picture, and a relatively unpopular president consistently earns his highest marks on this issue, which happens to be at the top of the pile in terms of importance. 2020 Democrats, unable to laud the successful GOP tax reform law or President Trump's reduction of burdensome regulations, are instead attempting to downplay the extent to which the economy is thriving. The Wall Street Journal's editorial tackled a number of these claims. The editors begin by laying out Democrats' complaints:

Democrats running for President see America as a Dickensian nightmare of inequality. It’s the best of times for millionaires and billionaires, and the worst of times for everybody else. Time to wake up from the Barack Obama economy, folks, and admit how many more Americans are prospering from the faster economic growth and tighter labor market after the policy changes of 2017...“Who is this economy really working for? It’s doing great for a thinner and thinner slice at the top,” Massachusetts Sen. Elizabeth Warren declared at the debate. “When you’ve got a government, when you’ve got an economy that does great for those with money and isn’t doing great for everyone else, that is corruption, pure and simple.” Sen. Cory Booker, who hails from high-tax New Jersey, moaned that “I live in a low-income black and brown community. I see every single day that this economy is not working for average Americans.” California Sen. Kamala Harris added: “You ask [the President], how are you measuring the greatness of this economy of yours? And they point to the jobless numbers.” 



Anonymous said...

It doesn’t help they wealthy that’s why their against them.

Anonymous said...

Ask Booker how many jobs he's created (ever) in NJ.

Section 8 said...

Does that include EBT card give a ways?

Anonymous said...

Its not the Trump economy. Lol. Simple continuation of several years of positive trends. This is GREAT for America! Whether you look at tax cuts or regulation changes, moat of the numbers have continued to pretty much be on pace with the positive trends that were ongoing and the projections. Again this is an American win, forget the politics. Because really although Trump has not created some huge uptick beyond what was happening, Dems would have had you believe the economy would tank as soon as he stepped into the WH.

Its Sat guys so cut the typical juvenile vitriol I lnow my comments usually elicit. If uou disagree with what I said above, show us the numbers. I would be more than happy to learn something new today.

Anonymous said...

Trumps economy has betrayed me. He's done nothing but make rich people richer. and keep poor people poorer. I will not support him again. Can't wait till I can vote him out, after being so happy when he won.
How ironic.

Trump 2020 said...

947 am

your gonna loose

nah nah nah nah nah