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The time is now 9:25 am
You last visited
June 12, 2026, 8:32 am
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Americans weigh in on a potential 2024 Biden-Trump rematch
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* Just stop thinking Americans did not live through that mess.
* lf Trump was not running, l would want Biden to sit this one out, however he has & had 45's number, so let him run. Getting someone else in there right now would be foolish.
* Finally: The voters want neither to run in 2024, but the country would rather have a steady hand with Joe, than a lunatic loser in Trump. He took a dump on the Constitution which he swore to uphold & now his attempting to lie his way back to power.
When Biden started gas was $2.47 a gallon. It only took till May 2021 (4 months) to go over $3.00 . They even hit $5.00 in June '22. As of this past Monday they were $3.76. See the link.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m
Obama made the economy worse when he started and took 4 years to get it back to where it was when he began. He didn't start improving it till his 2nd term. Trump improved on that for 3 years. Then things reversed for 4 months during 2020 due to covid (which was a CDC ordered lockdown) and then started improving again immediately . 27 months later Biden still hasn't gotten it back to where Trump had it. Look at the unemployment figures. You can go back to 1948.
https://data.bls.gov/timeseries/LNS14000000
You can see the inflation rates here for the last 100 years. https://www.usinflationcalculator.com/inflation/historical-inflation-rates/
* President Donald Trump campaigned as a billionaire businessman and champion of the working class with the economic prowess and deal-cutting skills that politicians in Washington, D.C., lacked.
He summed up his position neatly during the campaign: "I'll be the greatest jobs president that God ever created."
On the campaign trail, Trump claimed to be laser-focused on bringing back manufacturing and mining jobs, renegotiating trade deals that led to work disappearing overseas and curtailing immigration.
His Clintonian tack of "it's the economy, stupid," despite the myriad scandals and investigations that dogged him, largely worked as GDP grew at a healthy clip, the stock market soared and unemployment rates hit a half-century low, until the coronavirus pandemic gutted the job market.
Economists say Trump’s economic legacy will be defined by his failure in leadership during the COVID-19 pandemic that exacerbated the financial downturn, domestic policies that overwhelmingly benefited the wealthy, and international trade policies that hurt U.S. industry while simultaneously alienating allies.
By attempting to implement economic policy through the so-called "art of the deal" and ignoring lessons that many economists have learned over the last 50 years -- such as the importance of Fed independence, the effects of large budget deficits on trade deficits, the value of multilateral institutions such as the World Trade Organization and more -- he failed to achieve his own self-proclaimed goals of reducing the trade deficit with China, controlling the national debt or strengthening the American manufacturing sector.
Trump inherited an economy from the Obama administration that was expanding, and it continued to do so during the first three years of his presidency. While real wage growth was slow or stagnant for most Americans, and had been under Obama, unemployment continued to trend downward and GDP continued to grow.
In the last year of Trump’s presidency, the unemployment rate reached a 50-year low of 3.5% in February. The coronavirus pandemic soon walloped the economy, forcing swaths of businesses across the country to close. The unemployment rate skyrocketed to 14.7% in April. It receded to 6.7% as of last month but remains above the level of 4.8% when Trump took office in 2016.
As the pandemic raged in the U.S., however, Trump consistently downplayed its severity. Instead of focusing on getting the virus under control, he concentrated on reopening the economy and several surges in the virus followed, including the most severe as he left office.
The lack of leadership during the health crisis was not only deadly -- with thousands of Americans dying every day -- but also disastrous for the economy. Other countries such as China and South Korea were better able to control the spread of the virus. As a result Chinese GDP is forecasted by the Organization for Economic Cooperation and Development to increase by 1.8%, and Korean GDP is forecasted to fall by only 1.1% -- considerably less than the 3.7% drop forecast for the U.S.
“There are many countries that have made mistakes, but there are some countries that have done it right,” Jeffrey Frankel, James W. Harpel Professor of Capital Formation and Growth at Harvard University's Kennedy School, told ABC News.
Frankel cited the numerous times Trump didn’t take the virus seriously “and actively undermined the practices that we need, like avoiding large crowds, masks and so on” as evidence that the president was not taking the crisis seriously as a policy matter.
“You can't leave something like that entirely to the free market, certainly, or to the states,” Frankel said.
Even before the virus further exacerbated U.S. income inequality, some experts say Trump’s economic policies favored the wealthy -- and left the poor and middle class behind.
His Tax Cuts and Jobs Act in December 2017 provided major tax breaks to corporations and wealthy individuals. The policy, among other things, reduced the corporate income tax rate from 35% to 21%.
Frankel called the policy "beyond ironic" for a president "who campaigned in 2016 on being the champion of the working man or working person and campaigned on 'draining the swamp' in Washington."
* That's enough because you don't listen, regardless of what l put out. There's a reason he lost the Presidency- Incompetence and laziness.
*You guys are so silly, so gullible.
*I wanted you to READ it ,instead " Oh, it's from ABC News," point is: Do you agree with what's said or are you going to stick your head in the sand & hum?
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