(11-17-2024, 12:27 PM)TDOSS Wrote:

(11-16-2024, 10:24 PM)copycat Wrote: Sounds like voodoo economics.  1.  Did the amount of money stol…err collected from the US taxpayers go up or down?  2. Did the amount of money the government spend go up or down?   Sometimes the answers are quite simple.

Yep.

https://www.propublica.org/article/national-debt-trump

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(11-16-2024, 11:41 PM)Jag149 Wrote: LOL. You are mistaken. Yes it did they even referenced it on CNBC a couple weeks ago. At the end of the Obama term we were running  1% GNP,we had a sluggish economy. We had one of the highest corporate tax rate in the world st 35%. Our multinational companies were keeping their capital overseas and expanding where the rates were lower.  He cut rates to 21%, capital flowed into the country our GNP averaged 2.6% Voila !  More GNP more taxes.

Now reducing it further? To have an opinion I would need to do some thinking. Neither Obama of Biden have ever been in the business world.

The results were great for the people as well

Obama
GDP growth: 1.0%
Poverty rate: 14.00%
Real disposable income per capita: $42,914

Trump
GDP growth: 2.6% - increased 1.6%
Poverty rate: 11.90% - reduced 2.1%
Real disposable income per capita: $48,286

Biden
GDP growth: 2.6% - same
Poverty rate: 12.80% - increased
Real disposable income per capita: $46,682 - fell

Manufacturing is not booming. It is measured by the government and called PMI It was around 59 in 2022, it sunk last month initially to 47.5, they revised it to 48.5. So that part of you post above is BS.
?https://tradingeconomics.com/united-stat...turing-pmi

The inflation claim you made is also BS. see below
Inflation this year by month below
2024 3.1 3.2 3.5 3.4 3.3 3.0 2.9 2.5 2.4 2.6 = average of 2.9%
2023 4.1
2022 8.0
2021 4.7
?https://www.usinflationcalculator.com/in...ion-rates/

Sir, I have to conclude you are not here for a discussion. You are what we called a greifer when I was an internet cop. They are basically unhappy people that want others to be unhappy for company. Please provide proof of your claims in the future if you wish them to be considered

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