Trump and GOP promised economic growth much better than Obama’s. What happened?
Their Tax plan did not do anything that was promised....instead of huge growth we got exactly what the Economic experts said Huge Deficits. 2 trillion more!!
. The Commerce Department’s Bureau of Economic Analysis measured 2018 growth at 2.9 percent, matching the peak Obama enjoyed in 2015.
Throughout the 2016 campaign and since, the president and his party have vowed to kick-start tepid Obama-era economic growth. Specifically, they insisted tax cuts and deregulation would return growth to its post-World War II average of 3 percent — a level, candidate Trump said derisively, that President Barack Obama became “the first president in modern history” never to reach in a single year.
- PatLv 710 months agoFavorite Answer
You are so right. But Fox keeps them brainwashed. Here's the truth:
40% of Americans can't cover a $400 emergency expense - Business
“In fact, despite some ups and downs over the past several decades, today’s real average wage (that is, the wage after accounting for inflation) has about the same purchasing power it did 40 years ago. And what wage gains there have been have most likely flowed to the highest –paid tier of workers.”
For most U.S. workers, real wages have barely budged in decades
Average Americans can’t afford a home in 70 percent of the country
“Middle class incomes have been stagnant for years. Income inequality has gotten worse. Forty percent of American workers earn less than $15 an hour, and about 5% of full-time American workers earn the minimum wage or less, which is certainly not a living wage . . . Simply put, the social needs of far too many of our citizens are not being met.”
JPMorgan Chase & Co. Annual Report 2018
- 10 months ago
I voted for him and regret it.
- GiGiLv 610 months ago
Blah, blah, blah. People vote with their wallets and I had to get a bigger one once Trump got into office. You can show all the "stats" you want, but my personal finances are much better.
- koalatcomicsLv 710 months ago
and im sure being the good little brainwashed Clinton worshipper you are, you sent your tax cut back, right? to the math you p.o.s. under OBAMA 49.8% of americans paid tax. do you understand 49.8% is more than 1%? go crawl back under your rock.
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- wind_updollLv 710 months ago
We got had.
- SamLv 710 months ago
- Justin ThymeLv 710 months ago
The economy is booming. You didn't know that?
- Anonymous10 months ago
What happened was that Trump and GOP are liars whose only goal is to make the rich even richer. Apparently their supporters are endlessly gullible and will fall for any line of bullshit at all, no matter how obviously false it is to thinking people.
- SusieLv 710 months ago
Unsustainable, expensive Obamacare is still costing taxpayers money. And will continue to cost more in future years. You libs talk out of both sides of your mouths. Bit&@, whine, and cry about every single thing AND THEN obstruct every single thing he tries to do. You think it’s fun and games but this is YOUR future in jeopardy. Wake up and stop drinking the liberal koolaid or you may just get what you now say want. Liberals love to say “we want illegals, we have open arms”, and liberal judges stop deportations...and now that they may be sent to your sanctuary cities, you are all upset about it and don’t want it. Your hypocrisy and obstruction are blatantly obvious.
- MyrtleLv 510 months ago
The tax plan worked as they planned, it made the rich richer! Trump is and always has been a lying gas bag. Why do you think he is hiding his income tax returns....he lies.