I've been looking at a lot of trump presidency economic analysis these past few days and it seems that before the pandemic, the usa were doing very well in economic terms. I've read that a new presidents reaps the benefits of his predecessor for a year (or even three) into his term, but still, by all accounts business was apparently booming.
This really goes against everything else I've read online in that period, so my only guess is that these economic gains were very badly distributed. I fully agree that trump is nothing more than a narcissistic piece of frozen diarrhea, but the stock market etc. loved him. Someone from the states cares to explain?
It seems, most economic trends just continued on as they were under the Obama administration. I think people believe there has been change because this free-market ideology (and subservience to and worship of the "job creators") has become "common sense."
The real question is did cutting taxes for the ultra wealthy, increasing pollution, reducing workers' rights, etc. need to be done to keep the "economy" moving or was this just simple class warfare against workers (and generational warfare against the young who will pay the bills for this bullshit and suffer from no having no rights as workers)?
Today, I found this on google:
https://qz.com/1907578/us-president-donald-trumps-economic-record-in-13-charts/
But it just rehashes the same indicators that I've seen across traditional media that trump would like to discredit.
Have to say that working multiple jobs is "unheard of" (not really, but it is very unusual) here in Slovenia. Thanks for the replies form the frontline, because I don't really see these positions in the media with a good statistical data representation.
I wonder if farm income went up because of all the subsidies we've given to farmers recently or because there has actually been an increase in sales/profit (the tariffs war with China opened up a huge part of the agricultural market to Brazil. Trump Brazil a huge favor.)