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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump Did Nothing to Help the Economic Boom
(Bloomberg Opinion) -- The public gives President Donald Trump very low marks for his handling of the coronavirus pandemic and race relations. But as recently as the end of June, the public was still giving him slightly positive marks for his handling of the economy. That edge may now be eroding, but Trumps numbers on economic policy are still much better than on other important issues:
Its obvious why Trump gets decent ratings on the economy -- before the coronavirus outbreak in March, he had presided over the late stages of the longest economic expansion in postwar U.S. history. But the key phrase here is presided over, because Trump didnt really do much more than that. If anything, those economic policies that he did manage to enact probably did more harm than good.
The expansion that began in 2009 was one for the history books, narrowly outlasting the booms of the 1990s and 1960s. But duration isnt everything. Much of the reason that recovery lasted so long is that there was such a big shock to recover from. In terms of growth in real gross domestic product per capita, that expansion was actually slower than most:
The one place where Trumps recovery shone was in terms of delivering economic gains to lower wage earners. Wages for the median full-time worker began rising strongly during President Barack Obamas second term, and the rise continued under Trump
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https://www.msn.com/en-us/money/markets/trump-did-nothing-to-help-the-economic-boom/ar-BB16Xyw7?li=BBnb7Kz
still_one
(92,612 posts)MyOwnPeace
(16,965 posts)for the average "Trumpster" to understand. When they're so easily distracted by "what about the e-mails" - there's no way they're gonna' care about the past 15 years of economic turmoil and give credit for the recovery to the person responsible for it.
That being said, we are in a strong position to take this thing - we need to focus on a quick, simple way to show how BunkerBoy has failed in SO many ways!
pandr32
(11,663 posts)It is easy to see when President Obama came to power.