He’s Not Only Clueless — He’s Dangerous
“They’re spending money like drunken sailors.”
— Trump (who added a record $7.8 trillion to the national debt)
Economics is supposed to be this guy’s strength. What a farce. The only thing he seems to be an “expert” about when it comes to finance is stiffing creditors, dodging taxes, and declaring bankruptcy (six times, and counting). Today, the gibberish foaming out of his mouth at an economic summit is mind-boggling. In 2017, he inherited a booming economy from President Barack Obama — including 80+ consecutive months of economic growth–the longest expansion in American history– and yet turned a national harvest into a shit show.
“TARIFF is my favorite word in the dictionary.”
— Trump (really, he said this today)
Virtually every economist agrees that Trump’s proposed tariffs on imported goods would crash the economy. And, this comes just as we’re finally crawling out of Trump’s destruction, which unfortunately was inherited by Biden and a Democratic administration. It’s really a shame that Biden and Democrats took such a long time cleaning up the mess of Trump’s drunken frat party. But cleanups, when done right, TAKE TIME. Now, look at the stock market which Trump repeatedly used as the barometer of economic success (that’s all he talked about for four years was “his” rising stock market)–it’s more than DOUBLED under a Democratic administration. Inflation today (about 3 percent) is about where it was was Trump was in office. Gas prices are about the same as four years ago.
Moderator: “The Wall Street Journal says your economic policies would be a disaster.”
Trump: “The Wall Street Journal has been wrong about everything — and so have you.”
Today in Chicago, the economists in the audience are openly laughing at him. All the major economists agree that if Trump gets elected, inflation would skyrocket. About 27 percent of the American workforce has some connection to imports. Moreover, rounding up millions of undocumented workers would possibly create a shutdown of agriculture and several industries. He’s a blabbering disaster incapable of holding a single thought, even when it’s wrong. Just look at every business he’s touched. He’s never been a success at *anything* other than conning million of people and starring in the worst political reality show in American history.
Is anyone surprised by any of this? Of course not. This pumpkin-sprayed charlatan couldn’t make money owning a casino! Three of them! I mean, who the hell goes bankrupt running a casino?
The last two Republican presidents (Bush and Trump) nearly destroyed the American economy and created mass pain to tens of millions of working-class people. It took YEARS for both subsequent Democratic administration to correct the mistakes of reckless deregulation and tax cuts for the wealthy at the expense of working people to get back on track. Most of the economists in that room today know that the economy is actually doing pretty well right now. While there’s still some way to go, America’s economy is actually outpacing virtually all of the industrialized world in recovery post-COVID. Yet, despite his own personal record and finance which has always been a disaster and his corporate-collared administration which caused so much of America’s heartache, he wants us to believe he’s an economic genius.
Bullshit.
Fact is and history shows — he’s a liar, a fraud, and a failure. And his re-election would lead to yet another Republican economic collapse, just like the last time he was IN OFFICE.
CLICK: TRUMP WOULD ADD TWICE AS MUCH TO NATIONAL DEBT THAN HARRIS, STUDY SHOWS
