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In reply to the discussion: The Trump Economy [View all]

NewJeffCT

(56,828 posts)
2. the national debt
Thu Dec 26, 2019, 06:12 PM
Dec 2019

has exceeded the total GDP under Trump as well.

And, not just the annual budget deficit is up under Trump - the trade deficit was a little under $500 billion/year the last 3 years under Obama. Under Trump, the first three years are over $600 billion/year

Job creation has been below compared to the last 3 years under Obama as well. Sure, unemployment is low, but 80-85% of the unemployment decrease happened under Obama.

Yes, the stock market is hitting records, but it hit records under Obama, Clinton and Reagan as well. The stock market generally goes UP over the long term. Who is to say that the record Dow Jones close at 28,600 or so it is today wouldn't be 31,600 or 35,600 under Clinton?


Latest Discussions»General Discussion»The Trump Economy»Reply #2