Biden had the best stock market 2 year streak since Bill Clinton

If the Republicans do not move “left” then they’re not compromising. You get that, right?

 

And if dems do not move to the right neither are they and dems never move to the right

 

Uh, huh. Like the last border bill? This is nothing but a made up narrative.

 

Yes and no. Obviously, Covid was a huge factor. No question. But your numbers are still your numbers. If Biden had the best two-year streak since Clinton, if it's a fact, then it's a fact. Better than Bush, better than Obama, better than Trump.
"Yeah, but if things had been different ... then they would have been different" doesn't mean much.

 

and grievance. Its what powers MAGA

 

LOL!!!

 

Huge? We literally shut down the world. Then the liberal areas decides to wait to reopen out of fear.

The biggest problem was we decided to throw gas on the fire for inflation with free money/reopening/mandatory minimum wage…

 

Bill Clinton benefited from Reagan's policies per Milton Friedman. B8den benefited from Trump's policies.

In truth presidents don't affect either economy as much as people think.

 

I can promise you tariffs will have a big impact on the economy. Just not a good one

 

it’s because Democrats use a slow and steady approach to the economy that prevents the inevitable bust that happens under Republicans watch.

 

that’s laughable. Trump didn’t hand Biden his pre-Covid economy.

 

I think the stimulus money and the low interest rates Trump and others wanted juiced the economy and stocks in the short term.

 

This is where Elon Musk will have a good impact on Trump. I like free t4ade but we also have to not outsource critical products to other countries. Trump will use the threat of tariffs as leverage to get other countries to engage in less protectionism, hopefully. I can't remember the exact dates bu5 I remember reading that the US economy did very well when we had high tariffs. Doesn't mean it's a good idea. mdgator05 would know something about that

 

it was low because of Covid, not Trump’s economic policies..

 

You should study history. Our first big foray into big tariffs were 1890 with McKinley. Lead to the Panic of 1893, the at the time, largest recession in the country's history.

Next major tariff raise across the board happened in 1932 during the Depression. It made things worse for all.

We also dallied with higher tariffs in the 1970s. Especially in regards to foreign autos and trucks. That decade was marked with stagflation.

So please, enlighten us about a time when tariffs were raised and the country prospered economically.

 

As I indicated I'm not big on tariffs. I would use the threat of tariffs to get other countries to reduce their tariffs.

For national security purposes I would use tariffs to reduce our reliance on China to manufacture so many of aour drugs, for example. The US needs to be self-sustainable. On a historical note:





When tariffs were used from 1870-1914 when there was no income tax the economy did well. This is what Trump and Peter Navarro probably have in mind.

 

Trump pressured Fed chairman Powell for low interest rates in 2019. They went down. That was before Covid. I'm not saying that was a good thing.

 

Trump knows as much about history as you do. Here's a history lesson on the Panic of 1893, which lasted about four years. Caused, in large part, by the tariffs then Senator McKinley had passed.

Again, tariffs have their place if you want to protect a fledgling domestic business until they get their sea legs. Or for national security purposes. But mass, across the board tariffs? They never end well. Just ask those who remember the 1970s. Tariffs weren't the primary driver of the inflation part of stagflation, but they were a contributor.

Tariffs on top of the potential to deport 5% of our labor force with on plans, or even concepts of plans to replace said labor is a recipe for a 1970s repeat. Especially with said labor working in key areas such as agriculture and construction that are major factors in inflation. Originally it was just 16 Nobel Prize Economists making this argument. Later 7 more added their names to make it 23 who predict if Trump follows through on his promises, it will be an inflation bomb. But America didn't listen to the experts. Instead, they elected a con man with multiple bankruptcies, multiple business failures, and again, zero knowledge of American history.