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Greg Greg
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Comments by "Greg Greg" (@SlowhandGreg) on "'Staged': Remember Trump's constant propaganda about the economy?" video.
@WinstonSmith24 3 trillion of it was corporate tax cuts
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Its more complicated than that, weve had record low inflation since the banking crash and Trump inherited a strong base but by pushing massive corporate tax cuts he artificially boosted the stock prices. Its estimated that the Fortune 500 companies spent a total of 3 trillion on stock buy backs. At the same time the Fed was doing QE the tax cuts were paid for with debt. During the pandemic trump added another 5 trillion to debt a lot of it neccassary support but combined with the tax cuts this was very inflationary In terms of how well Joe has done you need to compare what a Typical Republican would have done in a similar position they would have tightened government spending creating long term unemployment to drive down inflation It's the difference of +14 million jobs v 3 or 4 @robertdwyer5486
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@kelperdude under a Republican administration thier way of dealing with inflation is unemployment to drive down demand We have 50 years of macroeconomic data showing this approach
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It was 5% done and would take 7 years to complete going through Indian land. Also it doesn't fetch the price of oil down to the consumer @mikegoetz3184
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