Policy? Like Trump's policy that saw a huge spike in the deficit in order to give tax breaks to millionaires? (And that was before Covid-19 started causing problems.)
Like Trump's big health care plan... no, wait a second, he didn't actually have one. Now of course millions of people in the U.S. lack health care. Oh well, too bad, so sad.
But at least we have Trump's economic record. Except we don't.... because job and employment growth actually slowed under Trump (compared to the way things were going under Obama).
But at least Trump managed to keep the coal miners employed. Except he didn't. Ooops, too bad, so sad.
Yup, I'm convinced... if you want a stagnating economy where people are dying because they can't get health care, Trump is the way to go! At least the white supremacists are happy. That's the most important thing, isn't it?
No. Big deficits came from increases in spending...
Governments need to spend money to provide certain fundamentals.... the military to defend the country, police and fire fighters, roads and bridges, etc. As such, taxes need to be collected in order to pay for those things.
The deficit was decreasing under Obama. It started increasing again right after the republicans passed the "give millionaires a lot more money", aka the Tax Cuts and Jobs act. Republicans claimed the tax cuts would pay for themselves. But they didn't. The deficit went up as a result, since there was less revenue (approximately a $275 billion shortfall in revenue in the year after the tax cuts came into effect). Claiming it was "spending" that was causing it is bunk. The U.S. is not an anarchist state.
See:
https://www.brookings.edu/policy2020/votervital/did-the-2017-tax-cut-the-tax-cuts-and-jobs-act-pay-for-itself/ Under Trump the economy saw record unemployment, particularly for blacks and hispanics.
First of all, any such 'success' trump had in unemployment was largely continuing a trend that began under Obama... The Obama administration actually saw HIGHER growth in employment, in the stock market, and in GDP than Trump did.
Secondly... you seem to be fixated on what you think Trump did, rather than the way things are now. The unemployment rate in the U.S. right now is 7.9%, which is a lot higher than it was at the end of Obama's tenure. Now, I am sure you will claim "but... covid!" Yes, covid had an impact. But the reason why it had such a big impact is because Trump bungled the pandemic response.
Under Obama, income inequality grew.
You do realize that under Trump, income inequality actually hit record highs not seen in half a century, right?
From:
https://www.usatoday.com/story/money/2019/09/26/income-inequality-highest-over-50-years-census-bureau-shows/3772919002/ The gap between the haves and have-nots in the United States grew last year to its highest level in more than 50 years of tracking income inequality, according to Census Bureau figures. Income inequality in the United States expanded from 2017 to 2018... At least he's not actively trying to put them out of jobs, like Democrats.
Actually the democrats are realists.
Back in 2016, Clinton told coal miners about retraining. It made sense.... industry had changed, and those coal mining jobs weren't coming back. Trump made a bunch of empty promises... he would "bring back coal", even though it was a dying technology.
Now Biden wants to do that to frackers.
Biden has been quite clear... he will not shut down existing fracking sites. His plan is to actually increase the use of alternative energy so that fracking is no longer necessary.
https://www.snopes.com/fact-check/biden-ban-fracking/Given the fact that Fracking has known problems (water and air contamination among them), some think some caution about the use of the technology is warranted.
Nah, you're convinced by lack of facts.
Actually you seem to be the one that comes into these threads, posts a bunch of bunk, then disappears.
The economy was anything but stagnating. The economy was booming.
From:
https://www.latimes.com/politics/story/2019-10-09/despite-trump-vow-manufacturing-in-recessionDuring President Trump’s first two years in office, his standing with many voters was buoyed by a surge in manufacturing that helped create millions of jobs and undergirded the whole U.S. economy. But today, manufacturing has plunged into recession and is threatening to pull down other sectorsFrom:
https://www.forbes.com/sites/chuckjones/2020/02/01/trumps-economic-growth-is-slower-than-obamas-last-3-years/#6899911c4fedUnder Trump business investment has turned negative the past three quarters and is negative or essentially flat when the impact of inventory changes are taken into account....Obama’s last three years had better growth than Trump’s three years...Yup, certainly sounds like Trump has done a fantastic job of keeping the economy going.
Oh, and by the way, those articles were from BEFORE covid-19 became a problem. Since Trump's screw ups are a big part of the problem why the pandemic is hitting the U.S. so hard, Trump deserves much of the blame for the fact that employment and GDP growth has slowed.