When Will Americans Realize the Truth? Republicans Wreck the Economy.
https://newrepublic.com/article/210550/trump-economy-republicans-tariffs-taxes
When Will Americans Realize the Truth? Republicans Wreck the Economy.
https://newrepublic.com/article/210550/trump-economy-republicans-tariffs-taxes
8 Comments
>Will 2026 finally be the year when a critical mass of Americans wakes up and realizes that Republicans always screw up the economy? I doubt it. The idea that the party of big business must surely be more trustworthy on economic policy just seems intuitively right to most people, and the Democrats, in their typical way, have done a horrible job explaining this truth to people. Still—the evidence is getting hard to ignore, so perhaps there’s some hope.
>Donald Trump inherited an economy from Joe Biden that was perhaps not firing on all cylinders but was in pretty good shape all the same. Real GDP grew at 2.8 percent in 2024. Wages were growing at a higher rate, 4.8 percent. Inflation closed out 2024 at 2.9 percent—high, but way down from the 7 percent of 2021. Compared to the EU and China, the U.S. economy was, as The Economist famously put it right before the election, “The envy of the world.”
>What has Trump done? What he usually does: Make things worse. Real GDP growth in the first quarter of this year was 2 percent. Okay, you say, but that’s just a quarter. What about Trump’s first full year back on the job, so as to compare apples to apples? GDP growth in 2025 was 2.1 percent—substantially lower than Biden’s 2.9 for 2024. And inflation right now in the United States stands at 3.8 percent, way above the 2024 number.
>And now, The New York Times told us Sunday, we’ve hit another grim milestone: The national debt is bigger than the economy. It’s true that presidents of both parties have racked up big debt numbers. In this century, Democratic and Republican presidencies have contributed almost equally to the explosion in the national debt, from around $5.8 trillion at the dawn of the century to $39 trillion today. But only one party carries on about how awful the debt is. So, it’s only that party, the Republicans, who are complete hypocrites about it.
And start wars, alienate allies, kill the rights of US citizens, and in general raid government coffers filled by taxpayers. I don’t see any valid American reason for the existence of republicans.
a wrecked economy is a small price to pay for lib owning
it’s like fucking clockwork
1. bush I: recession. war. read my lips: ~~no~~ new taxes
2. clinton: first budget surplus since the 1970s oil shock. unprecedented good times 90s economy.
3. bush II: iraq war of choice. real estate crash.
4. obama: cleans up Bush II mess, ACA, avoids the worst of the real estate crash. finally gets bin laden.
5. Trump I: fumbles covid. worst recession since the 2008 real estate debacle. inflation and unemployment soar. Fucks up the soybean trade with china so bad, the farmers need a goddamn bailout. The trump “tax cut” causes the federal debt to skyrocket…
6. Biden: cleans up after trump I covid response, fumbles the messaging even though economy was improving all four years. inflation was high worldwide but generally lower in the US vs other nations.
7. Trump II: so much winning, i’m getting tired of the winning 😒 *Usually* you cannot directly tie presidential actions to economic impacts, but the cause and effect of the tariffs and now the iran war of choice are pretty black and white. the trump “big beautiful bill” causes the federal debt to skyrocket.
You mean wrecked it AGAIN!
Part of the problem is religion. If you can convince people that there is a magical life that happens once you die then they stop worrying so much about their material outcomes in this one. This is why the Republican party goes after the Evangelicals. They know that they are very easy to control and manipulate.
It’s not just wrecked economy. It’s wrecked anything that benefits common citizens. Mexico is getting universal healthcare!! And they tell us that’s not possible here. Hell, Mexico wants the fucking wall to keep Americans out.
They dont care about the economy. They just care about having permission to be openly racist. That’s what the GQP offers