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babylonsister

(171,745 posts)
Mon Jan 6, 2025, 09:04 AM Jan 6

Data Proves Trump Inheriting an Economy That Is About As Good as It Ever Gets



Data Proves Trump Inheriting an Economy That Is About As Good as It Ever Gets
by Maya Boddie | January 6, 2025 - 6:26am

— from Alternet

Two weeks ahead of the official start of his second presidency, Donald Trump is slamming the United States as a "disaster" on social media.

In a New York Times report published Sunday morning, White House correspondent Peter Baker lays out how current statistics defy the president-elect's claim.

"New data reported in the past few days indicate that murders are way down, illegal immigration at the southern border has fallen even below where it was when Mr. Trump left office and roaring stock markets finished their best two years in a quarter-century," Baker writes.

"Jobs are up, wages are rising and the economy is growing as fast as it did during Mr. Trump’s presidency," the Times correspondent continues. "Unemployment is as low as it was just before the Covid-19 pandemic and near its historic best. Domestic energy production is higher than it has ever been," Baker adds.


Furthermore, Baker reports "the America that Mr. Trump will inherit from President [Joe] Biden" beginning January 20 "is actually in better shape than that bequeathed to any newly elected president since George W. Bush came into office in 2001."

more...

http://www.smirkingchimp.com/thread/maya-boddie/112597/data-proves-trump-inheriting-an-economy-that-is-about-as-good-as-it-ever-gets
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sop

(12,045 posts)
1. The economy will continue to improve for Trump's oligarch friends,
Mon Jan 6, 2025, 09:09 AM
Jan 6

and get worse for the rest of America.

Kaleva

(38,779 posts)
2. And yet we have threads here about how bad the economy is
Mon Jan 6, 2025, 09:21 AM
Jan 6

One in particular has many replies and recs about how it was so much better years ago when a man without a college degree could buy a house and support a family.

brush

(58,442 posts)
4. That was so long ago, and it was only for a brief time and for white men...
Mon Jan 6, 2025, 09:28 AM
Jan 6

only with a good union job. POCs, women and poor whites, forget about it.

brush

(58,442 posts)
8. True enough. I was responding to you second paragraph.
Mon Jan 6, 2025, 10:41 AM
Jan 6

trump has again inherited a good, solid economy form a Dem president...first from Pres. O and this time from Pres. Biden.

trump is the luckiest, incompetent ever to become president.

uponit7771

(92,146 posts)
11. Real Wage Index went from sub hell to above hell, Harris would've made it better but to tell
Mon Jan 6, 2025, 11:53 AM
Jan 6

... Americans economy was great while people were buying 33% less food or it was costing 33% more money wasn't the best message IMHO.

brush

(58,442 posts)
3. Again trump comes in bashing America...same as he did when Pres. O...
Mon Jan 6, 2025, 09:25 AM
Jan 6

handec over a sound economy he and Dems repaired after the debacle of W. Bush's great recession.

Back then trump was going on about American carnage, now it's America is a disaster, when it's in the best shape of all the G-7/G-20 nations' economies.

Charmin One

(225 posts)
13. The economy isn't that great
Mon Jan 6, 2025, 12:52 PM
Jan 6

Greedflation, malefactors of wealth, a broken health care payment system and profit-for-everything are big problems only Democrats can fix. Unfortunately, a con man bent on making the rich richer has been elected. God help us all!

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