Myth busting the Trump economy.

You're not paying attention. Did you intentionally ignore the graph provided in the OP showing the increase in deficit PRIOR to COVID???

 

Trump discredited himself with his incompetent handling of the epidemic.

 

If you bothered reading the OP, you would know that they did factor that in, and that the trade deficit was increasing the years prior to 2020

 

He also failed because he tried to have us go it alone. Chinese exports to the U.S. are less than 4% of their GDP. When Dopey rejected the TPP, he passed on the effort we organized to gang up on China.

 

He tried to go it alone because he could not get any support within the US.

 

They're suffering from cognitive dissonance from listening to all the false praise for Dear Leader's economic record.

 

Ah, buy AMERICAN and stop buying imports.. Until then stop whining about trade deficits.. We can't compete with slave labor..

 

Dude there has been one year since 1933 when the deficit did not increase. That is scarcely proof if failure and congress controls deficits not presidents in any case, you know those 535 asshats with the purse strings? If that's your measurement every president since silent Cal has been a failure...

 

Australia, New Zealand, Taiwan, South Korea, and Japan haven't shut down their economies.

You're presenting a false choice. Why? Because you support Trump?

Here comes your conclusion based on your false premise...

Get a clue. Republicans like DeSantis, backed up by Trump, have been keeping the bars and clubs open.

There are answers, but you don't seem to understand enough about how the economy works to see them.

 

Except you don't push for a tax cut without pushing for enough cuts in spending. Or you get a growing deficit. Which is the opposite of what trump promised which was to erase the deficit.

 

Trump supporters trying to justify all the people he killed.

 

Trump's "go it alone" were never going to work because their total exports to this country are less than 4% of their GDP. As soon as we killed the TPP, the EU signed a trade deal with China. Figure it out.

 

Trump didn't kill any one in this country, talk about myths...

 

How is it a false choice? You either shut down the economy and save lives and lose the economy or you keep the economy going and lose lives. Or some combination of the two. Obviously there are other things we can do, but that is the basic choices on the economy.

It is stupid to keep bars and clubs open along with MJ shops. They added little to the economy. But this red herring has absolutely nothing to do with what I was talking about.

Did I do a complete rundown? Obviously not because that would take volumes. I have an MS in Management which is mostly economics. I presented a very basic summary of the problem. None of which you have been able to shoot down.

 

The post was not written to complain about the trade deficit. Only to highlight, among his other failures, Trump's policies were ineffectual in reducing it.

 

Is what it is. Every President would have liked to have pretended that bad events didn't happen during their
years in office. Obama would have loved if we could just forget his first 18 months in office, his numbers would have
been much better if only history gave him a break.

Face it, even Carter had better GDP numbers than The Orange Dude, and that was BEFORE Covid.

Sorry, one doesn't get to disregard the last year of a Presidency just because it's inconvenient to your narrative.

 

I just showed you graphs of Australia, South Korea, and Japan that proving you're wrong. Do you need more?



Even Canada is doing better.

Obviously, there are more choices than your teeter-totter,

I shot down your false choice with my graphs. What I haven't done is explain to you how Japan, Taiwan, Australia, and even Canada succeeded where we failed.

BTW, I taught economics to adults and high school students over more than three decades.

 

You do realize there is a big difference between Australia, New Zealand, Taiwan, South Korea, and Japan and the US.

They are much smaller.

They are harder to enter.

All of which makes it easier to control a pandemic.

However, the US has also been very poor at social distancing and wearing masks which have little to nothing to do with the economy.

 

Over the course of those three decades you no doubt had students who are unable (or unwilling) to process factual info. I'm not sure what they were referred to as in academic circles then, but now we call them Trump supporters.

 

We're bordered by Canada and Mexico. Canada isn't the problem...



Mexico isn't the problem, either. We're the problem. Trump was the rotting head on the fish.

Not wearing masks and not social distancing are only part of the problem.

British Columbia (5.1m people) hasn't mandated masks until just recently, hasn't locked down, and only shut down schools briefly last Spring. They're as urbanized as we are. Vancouver is the fourth most dense city in North America.

 

There are a lot of problems with the US. I don't believe Trump did a good job. Comparing the US to smaller more isolated countries is a waste of time.

A closer comparison would be Europe in general. That would come closer to reflecting the US.

However, none of that has a thing to do with what I was discussing. The economy and safety of the US citizens is a tradeoff. You help one and hurt the other. You can get as complicated as you want, but it still comes down to that basic fact. You simply cannot open up the economy without more Covid-19 deaths. You can try to rearrange the furniture in the businesses, but that limits them and it will still increase the deaths.

 

No doubt there are a few, but I don't think there are many. I taught them to think.

BTW, I'm not kidding.

 

What a croc. Canada is as urbanized as this country, and even though it is physically larger, 90% of Canadians live within one hundred miles of the US-Canada border. You might show a little intellectual curiosity about why they've been more successful.

You're certainly wedded to your ideas.

But if the virus is circulating above a minimal level, a lot of people stop going out and spending money. And that doesn't even consider governments acting to people to avoid overrunning our health care system with covid patients.

This is how folks reacted in the Spring.

You need to do a little more research.

 

What the h... are you talking about? Canada has just over one tenth of our population scattered over the same area.

The economy is much more than just going out and spending money. People have to manufacture the products. Generally, they are in close proximity. Spreading them out reduces their output by definition.

Again. Show me where I am wrong. Robust economy=more deaths.
Closed economy=fewer deaths.

 

He'd have a difficult time doing worse than the $&¥§#$% you Trumpers tried to once again inflict on the country.