Quote (gnarjay @ 30 Oct 2024 03:09)
You gotta love how the NPC articles didn't even update their talking points to reality:
Quote
Meanwhile, under the Biden-Harris administration, the U.S. economy has seen record growth. This month, The Economist called the U.S. economy "the envy of the world" amid historic growth, low unemployment, and the lowest inflation of any nation in the G7. The major stock market continue to hit record highs on a near daily basis. Yet Trump and Musk want to replace this prosperity with pain.
The record growth is fueled by insane deficit spending of the government and unprecedented levels of immigration. Inflation in the US stood at 2.1% in September, while it stood at 1.8% in the eurzone at large, 1.6% in Germany, 1.2% in France, 1.7% in the UK and 1.6% in Canada.
Stock market highs don't help consumers pay for their grocery and gas bills.
Furthermore, the original twitter user whose summary prompted an agreeing response from Elon wrote that hardship would be caused by markets
overreacting to the Trump 2.0 policies.
More generally speaking, are we really to believe that Trump, of all people, would govern as a deficit hawk?
This post was edited by Black XistenZ on Oct 30 2024 07:29am
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