Keystone construction job losses do NOT outweigh t
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Also, did you lose your shit when the economy and jobs plunged because president comb-over decided to 'downplay Covid so as not to panic us'?
President Trump Has Failed the American Economy
Oct 29, 2020
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President Trump’s unwillingness to contain the COVID-19 pandemic constitutes one of the most catastrophic failures of leadership in our nation’s history.
His brazen lies about the virus’ lethality and spread, shameful efforts to hide critical information from the American people and slander public health experts, and his reprehensible convenings of his very own superspreader events across the country collectively illustrate the degree to which he has abdicated responsibility for our nation’s safety and security.
President Trump’s refusal to develop a national strategy to defeat – let alone contain – the virus has resulted in thousands of avoidable deaths and the most severe economic crisis in a generation.
In the face of this colossal failure, small businesses across the country are closing their doors for good, families are facing hunger and eviction, and millions of Americans are still having to make the impossible choice between their health and a paycheck.
But taking stock of President Trump’s record even before the pandemic makes clear that he was mismanaging the economy from the beginning. Despite inheriting a growing economy with low unemployment from the previous Democratic administration, President Trump squandered countless opportunities to address longstanding economic challenges, strengthen families’ economic security, and invest in our future prosperity.
Instead, his record during the first three years of his presidency, prior to the pandemic, is one of recklessness, bluster, and the prioritization of the wealthy and well-connected over everyone else. President Trump has failed the American people and the economy again and again.
President Trump’s failure to “supercharge” the economy is even clearer when narrowing in on his signature policy, the 2017 tax law. Economic growth in the eight quarters after the law was enacted averaged 2.4 percent, the same growth rate as in the eight quarters before the law. Notably, this growth was driven by government spending rather than by business investment or consumption, both of which slowed after enactment.
https://democrats-budget.house.gov/publicatio...an-economy