The four years of Trump’s economic policy in the White House – Economy

In the 2016 election, Trump promised to create new jobs and increase economic growth by lowering taxes, boosting public spending and increasing the deficit. “By their deeds you will know them” is a phrase that has its origin in the Gospel. Let’s look at the facts of the president of the United States, Mr. Trump in his years of government:

> The outgoing president has boasted from the first moment of taking the economy to a very high position. The truth is that he has inherited a buoyant economy left by the previous president: in the last term of President Obama, total production (GDP) grew at 2.3% in the last four years, unemployment left it at 4.7% and the public debt was 105%, lower than Trump’s. The rest of Trump’s macro data until the pandemic was somewhat higher (slightly more than 3% in GDP and less than 4% unemployed), the deficit increased to 3.9% due to lower taxes and the Wall Street indices reached maximum results of technology companies.

> Trump has lowered taxes on employers and the highest income brackets (the rich), leaving them the same for workers with lower incomes: that is, he defends Anglo supremacists, deceiving the workers.

> The outgoing president has attacked traditional free trade (world trade). He defended the autarky, “America First”. He promoted a protectionist Economic Policy by increasing tariffs and canceling trade agreements. Let’s look at some examples: he canceled the TTIP negotiations with the European Union, and canceled the NAFTA agreement, a free trade zone between Canada, Mexico and the USA. It imposed tariffs on Europe, China, Canada and imports of steel and aluminum, however in an action that looks mafia, it exempted certain countries from it.

> Trump has carried out attacks on globalization, as does the extreme right, supporting Brexit and inducing other countries to do so, an anti-European Union, does not believe in Europe.

> A denialist president. Deny climate change. He ordered the withdrawal of the Paris Agreement that proposed to stop using coal and reduce oil by substituting clean energy, wind, solar, etc.

> An isolationist. He tried to shield the long border by building a wall with Mexico, which he did not finish.

> He despised world organizations. He ordered to leave the World Health Organization, the nuclear agreement with Iran, ignoring the World Trade Organization, causing problems with NATO or the Middle East by changing the embassy to Jerusalem.

> The good relations that existed between the United States, its neighbors and the rest of the world have been very badly off with Trump, something that must be redirected.

> Trump has tried by all means to eliminate Obamacare, the program of the previous president so that the less affluent Americans could enjoy health insurance and medicines. The advances made by Obama in health have not yet been eliminated despite Trump’s efforts: a deception of the workers and less well-off classes.

I receive an email with an attachment and I read this sentence about the United States flag: “Wanting everyone to have health care and food does not make you a communist, socialist, or unpatriotic. It just makes you a good person. ” @worldly

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