He inherited an economy that had gone up since 2009. He fueled it further by adding tons of debt to it.
I find it quite unbelievable that anyone believes anything he says at this point. During the 2016 election he said the economy was crap, but once he was in office he took credit for it.
The circus continues this year..
He took credit for the economy in January 2024 and also said during the same year he hopes the economy crashes. Yet somehow he still has a political career.
Not true.
Trump aide Kudlow acknowledges U.S. consumers pay for tariffs, not China
"Both sides will suffer on this," Kudlow said.
www.nbcnews.com
Trump's tariffs are equivalent to one of the largest tax increases in decades
The combined $72 billion in revenue from all the president's tariffs ranks as one of the biggest tax increases since 1993, according to CNBC analysis of data from the Treasury Department.
The tariff revenue ranks as the largest increase as a percent of GDP since 1993 when compared with the first year of all the revenue measures enacted since then, according to the data.
But there are key differences between a tax cut and tariffs.
The problem is that he seems more looney than ever before. People didn't like inflation yet they voted for tariffs. Really smart move. Bigly.
while Xi conquers the world
