
Originally Posted by
StrongOnline007
Can you source your claim that Trump had the greatest economy in the history of this nation? Because that is not true. Trump did OK his first term but unfortunately he now seems determined to sink the US for no reason.
Let's go one step further and have him explain what the "greatest economy of this nation!" actually means:
Donald Trump (2017-21)
GDP growth: 2.6%
Unemployment rate: 6.4%
Inflation rate: 1.4%
Poverty rate: 11.90%
Real disposable income per capita: $48,286
When looking at the numbers, Donald Trump is mostly better than average. Inflation was just 1.4% during his years, which is the second lowest. The poverty rate during his years also ties him with Ford for the second lowest on this list. GDP growth was also fourth highest for him. At over 6% though, unemployment was on the high end for him, putting him fifth highest in that category.
Joe Biden (2021-25)
GDP growth: 3.2%
Unemployment rate: 4.8%
Inflation rate: 5.0%
Poverty rate: 12.4%
Real disposable income per capita: $51,822
The pandemic and the associated financial impact stoked an inflationary economy that was the worst since the Carter era, but the unemployment rate under Biden is the fourth lowest on this list, and GDP growth is the second highest.
Now I was not the biggest Joe B. fan, but JB beat Trump's first term in GDP growth and unemployment rate. He didn't fall much behind in poverty rate despite a 5.0% inflation rate (pandemic) vs. 1.4%, but had a higher disposable income per capita than trump.
https://www.jec.senate.gov/public/in...tic-presidents
I consider myself politically independent. I believe most all politicians are liars and will tell people what they want to hear to get votes, but please do your homework before you spout off claims that we had the greatest economy during Trump's first term. We did not. Are you going to argue the FACTS from the above link? Most discourse about politics and the economy is based on emotions and not readily available numbers. This is what can get the wrong person elected. During his first term, Trump claimed that with his tax cuts, the U.S. economy would grow "4, 5 maybe 6%". COVID excluded, it grew 2.67% while our deficit worsened. A president's power over the economy is extremely exaggerated.
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