The economic record
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Yeah Covid. But these are the facts:
If Trump's term were to end today his economic record would be as follows:
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1.37% avg annual GDP, the lowest ever for a President.
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800,000 lost jobs. The most by any President over his term.
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$7 Trillion increase in the national debt, the largest ever.
wrote on 6 Nov 2020, 20:28 last edited by@jon-nyc said in The economic record:
Yeah Covid. But these are the facts:
If Trump's term were to end today his economic record would be as follows:
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1.37% avg annual GDP, the lowest ever for a President.
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800,000 lost jobs. The most by any President over his term.
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$7 Trillion increase in the national debt, the largest ever.
Do you think anybody is buying that load of bullshit?
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wrote on 6 Nov 2020, 20:30 last edited by
Facts don’t care about your feelings, Jolly.
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I will be the broken record, but not really his fault. But then again I don’t believe all the success as his either.
wrote on 6 Nov 2020, 20:31 last edited by@taiwan_girl said in The economic record:
I will be the broken record, but not really his fault. But then again I don’t believe all the success as his either.
I get that, however, it remains the case that when you see presidential administrations compared by economic records partly-to-mostly out of their control, Trump will stand out for his inferiority.
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wrote on 6 Nov 2020, 20:34 last edited by
@jon-nyc said in The economic record:
Facts don’t care about your feelings, Jolly.
Facts are always considered in light of events. To do otherwise is disingenuous.
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@jon-nyc said in The economic record:
Facts don’t care about your feelings, Jolly.
Facts are always considered in light of events. To do otherwise is disingenuous.
wrote on 6 Nov 2020, 20:39 last edited by@Jolly said in The economic record:
Facts are always considered in light of events. To do otherwise is disingenuous.
What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.
It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.
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@Jolly said in The economic record:
Facts are always considered in light of events. To do otherwise is disingenuous.
What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.
It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.
wrote on 6 Nov 2020, 20:40 last edited by Jolly 11 Jun 2020, 20:40@Catseye3 said in The economic record:
@Jolly said in The economic record:
Facts are always considered in light of events. To do otherwise is disingenuous.
What does this even mean? Facts are facts. If something changes in light of an event, then it wasn't a fact, it was something else -- a projection, a supposition, an educated guess, whatever.
It would be truer to say that events are considered (whatever "considered" means in this case) in light of the facts. Though that probably isn't always true, either.
Take WW2 out of it, and FDR was an economic failure.
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Yeah Covid. But these are the facts:
If Trump's term were to end today his economic record would be as follows:
-
1.37% avg annual GDP, the lowest ever for a President.
-
800,000 lost jobs. The most by any President over his term.
-
$7 Trillion increase in the national debt, the largest ever.
wrote on 6 Nov 2020, 21:11 last edited by@jon-nyc said in The economic record:
Yeah Covid. But these are the facts:
If Trump's term were to end today his economic record would be as follows:
-
1.37% avg annual GDP, the lowest ever for a President.
-
800,000 lost jobs. The most by any President over his term.
-
$7 Trillion increase in the national debt, the largest ever.
This list seems somehow incomplete.
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wrote on 6 Nov 2020, 21:17 last edited by jon-nyc 11 Jun 2020, 21:17
True. But GDP, Jobs, and Debt are certainly 3 of the top...thinking on the fly... 6 metrics maybe?
I'd add trade deficit (he was record bad), inflation (good) and market (good).
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Yeah Covid. But these are the facts:
If Trump's term were to end today his economic record would be as follows:
-
1.37% avg annual GDP, the lowest ever for a President.
-
800,000 lost jobs. The most by any President over his term.
-
$7 Trillion increase in the national debt, the largest ever.
wrote on 8 Nov 2020, 01:39 last edited by@jon-nyc said in The economic record:
800,000 lost jobs. The most by any President over his term.
October's numbers show 685K new jobs.
Does your comment include those?
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wrote on 8 Nov 2020, 01:46 last edited by Jolly 11 Aug 2020, 01:46
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
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wrote on 8 Nov 2020, 01:48 last edited by
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
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@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
wrote on 8 Nov 2020, 01:49 last edited by@George-K said in The economic record:
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
And it has been that way over most, if not all, if the First World.
But Trump...
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wrote on 8 Nov 2020, 01:52 last edited by
You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.
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You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.
wrote on 8 Nov 2020, 02:01 last edited by@Axtremus said in The economic record:
You can, for example, compare the percentage changes in those economic metrics between the US and other advanced economies.
OK. You made the claim.
Have at it.
And no, I'm not going to do your homework for you.
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I’m also not planning on doing that homework either.
Then again, I’m not the one arguing against the comparisons @jon-nyc posted.wrote on 8 Nov 2020, 02:06 last edited by -
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
wrote on 8 Nov 2020, 02:07 last edited by@George-K said in The economic record:
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
And would have been disastrous regardless of who was in government.
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I’m also not planning on doing that homework either.
Then again, I’m not the one arguing against the comparisons @jon-nyc posted.wrote on 8 Nov 2020, 02:11 last edited by@Axtremus said in The economic record:
I’m also not planning on doing that homework either.
Then again, I’m not the one arguing against the comparisons @jon-nyc posted.Calhoun don't want that ball!
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@George-K said in The economic record:
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
And would have been disastrous regardless of who was in government.
wrote on 8 Nov 2020, 02:13 last edited by@Mik said in The economic record:
@George-K said in The economic record:
@Jolly said in The economic record:
Growth of 33.9% for the last quarter, wasn't it? I could be wrong...
I think Jon's looking at it over the years of his presidency.
Overall, he's probably right, when you average it out. 2020 was disastrous.
And would have been disastrous regardless of who was in government.
And most sentient beings without an ad to grind, know it.
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wrote on 8 Nov 2020, 02:16 last edited by
The depression would have sucked for any president.
It shows up in Hoover’s stats.
Them’s the breaks.
