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Friday, March 6, 2020

More In-Your-Face Trump Lies: USGrowth Rate 1990 Through 2019 - And Predictions For Beyond

Image result for united states economic growth rate over time bar graph

"Trump Tells Fox News He’s Going After Social Security And Medicare: ‘We’ll Be Cutting’"

https://www.rawstory.com/2020/03/trump-tells-fox-news-hes-going-after-social-security-and-medicare-well-be-cutting/


Alan: Trump's lies are becoming increasingly transparent.

This is not "the best economy we've ever had." 

It's not even close. (See the chart above.)

"Growth like we've never seen is not just around the corner." 

"U.S. GDP growth will slow to 2.0% in 2020 from 2.2% in 2019. It will be 1.9% in 2021 and 1.8% in 2022," well below the average growth rate under Obama once he stabilized the hemorrhaging economy of The Great Recession provoked by Wall Street recklessness given free rein by the Bush-Cheney administration. 


U.S. Economic Outlook For 2020 And Beyond

"Just wait until the trade deals kick in!" 

Just wait til the recession hits this year or next. It'll be a doozy!

"The Facts Are In: The Republican Party Is Terrible For Prosperity But Unparalelled At Catastrophe"




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