Bullshit. Trump will INHERIT a great American comeback. America has been back for the past 2-3yrs. We’ve had the strongest post-COVID economic recovery of any industrialized nation, inflation peaked 2yrs ago, employment is way, way up, & the stock market has been kicking butt for the past 2-3yrs.
Our economic focus MUST BE:
✅Government Efficiency
✅End the waste/fraud/abuse
✅Keep the Tax Cuts & Jobs Act
✅Unleash US energy production
✅Slash TRILLIONS in regulations
This will:
🇺🇸Stabilize prices
🇺🇸Stabilize the debt
🇺🇸Grow the economy
🇺🇸Put money back in YOUR POCKET
The Canadian nightmare continues, as per capita GDP shrinks for the 6th straight quarter.
Incomes are now 1/3 lower than the US.
15 years ago we were even.
9 years of Justin Trudeau has delivered West Virginia salaries, San Francisco house prices, and El Paso levels of migrants.
The US govt brings in about $5 trillion per year in revenue from taxes, fees and tariffs.
The US govt is on pace to spend about $1.4 trillion for interest payments on the $36 trillion in debt during 2025.
That will be about 28% of all govt revenue going to interest payments.
He’s absolutely right. The sole culprits responsible for the economic downfall are the Democrats. Trump’s tariffs, if implemented effectively, could potentially lead to increased job creation in the US over time. This is because we’ll have more goods being manufactured domestically.
This is incredibly mendacious framing.
GDP per capita largely declined because of the influx of immigration, which staved off an actual recession. Saying that Trump tariffs would do less damage than the current government is both stupid and wrong.
Once you take government spending growth and population growth out of the equation, the every day Australian economy is basically cooked.
The status quo is more or less indefensible, politically and economically.
🇺🇸 FEDERAL DEBT VS. GDP: WHEN SPENDING LEAVES THE ECONOMY IN THE DUST
Here’s the chart Washington doesn’t want you to see: U.S. federal debt is skyrocketing past GDP like it’s in a SpaceX race.
Debt overtook GDP around 2011 and hasn’t looked back, proving once again that the government’s budgeting skills rival a toddler with a credit card.
Want to fix it?
Stop pretending this is “normal” and start balancing the books.
Or just keep printing money and hope for the best.
Source: Bravo Research
When people say that the economy is super strong, please understand…
We are running a HISTORIC deficit.
6.3% of GDP. Never seen before outside of WW2, the GFC or Covid.
If we weren’t running this deficit and balanced the budget, or even got close, GDP would collapse.
NEW from me:
US productivity growth, the bedrock of long-run prosperity, is booming—and massively outshining peer nations. It's the fruit of running the labor market hot post-COVID, and now it's delivering higher wages, consumption, & welfare🧵
https://t.co/taqFyUftBH
Las tarifas que Trump quiere imponer serían un desastre para USA 🇺🇸.
Causarían una contracción de entre -3.6 y -7 pts. a su economía.
Agregando deportaciones y otras políticas la contracción podría llegar a ser de -9.7%
Fuente: McKibbin, W. J., Hogan, M. y Noland, M. (2024).
Adam Schiff on Trump's "dictator talk": "The American people I think voted on the basis of the economy -- they wanted change to the economy -- they weren't voting for dictatorship. So I think he's going to misread his mandate if he thinks that's what voters chose him for."