Since taking office, Trump has said on more than one
occasion that he inherited a mess from President Obama. I have run across Trump
supporters in comment sections repeating this absurd assertion, once again
proving that Turmpland is a fact-free amusement park where you can believe any
old thing you want. The earth is 6,000 year’s old? Sure. Dinosaurs and people
coexisted? Okay. There’s no such thing as human-influenced climate change? You
betcha. Barack Obama left Trump a country in the midst of economic ruin? Why
not?
I am not a huge Obama fan, and I believe some of his
decisions during his tenure were misguided and not in the best interests of
America BUT, for Trump to claim Obama left him a mess simply flies in the face
of reality. And let’s also try and be honest about President Obama’s tenure.
During his eight years in the White House, the man was faced with a Republican
congress that tried, and in many cases succeeded, in thwarting the President’s
policy agenda at every turn. The fact that Obama got as much done as he did
seems amazing based on his relentless opposition in congress. And the economic
mess that George Bush left behind (remember 2008?) put Barack in a hole before
he even started.
What Trump actually inherited is a country with an economic
expansion that was the third longest on record; an economy that had been adding
jobs every month for the past six years; and a federal deficit that had sharply
declined from a high of 9.8 percent at the height of the last recession to 3.2
percent last year. In addition, worker wages have been climbing for the past
four years and the median household income jumped 5.2 percent in 2014-2015 (the
last years records are available).
This isn’t to say everything was rosy when Obama left Washington. Unemployment, income
inequality and sluggish growth remained problematic, but has anyone heard from
Trump solutions to these issues that don’t involve massive program cuts and tax
breaks for the wealthy? No, the mess is currently underway and will only get
worse over time. Trump’s plan for the economy will work just as well as Bush’s
did, with huge, untenable deficits, declining jobs and wages falling further
behind the rising cost of living.
The one who is going to inherit a mess is the president
following Trump.
1 comment:
next page read the full info here Check This Out helpful site try this out visit the site
Post a Comment