Attention Economy


Saturday, October 24, 2020

Trump's Mixed Economic Record

Trump’s Manufacturing Promises Disappoint as Economy Sours
https://www.nytimes.com/2020/10/26/us/politics/trump-manufacturing-jobs.html
Trump’s Economy Was Never So Great
https://www.nytimes.com/2020/10/23/opinion/trump-economy.html
Trump’s Biggest Economic Legacy Isn’t About the Numbers
https://www.nytimes.com/2020/10/24/business/economy/trump-economy-manufacturing.html
 
The Trump ‘Jobs Boom’ Is a Convenient Myth
https://www.wsj.com/articles/the-trump-jobs-boom-is-a-convenient-myth-11603298821
 
The debt is huge because Trump kept his promises
https://www.washingtonpost.com/opinions/2020/10/05/debt-is-huge-because-trump-kept-his-promises/
“In his first three years in office, before the coronavirus pandemic, President Trump approved a whopping $3.9 trillion in borrowing for new tax cuts and spending between 2017 and 2026. This substantially expanded the national debt during a period of strong, sustained economic growth. As far as we could ascertain, the deficit had never been as high while paired with an economy as strong as it was in 2019.
As a result, we entered this year’s health and economic crisis with a debt, expressed as a share of gross domestic product, higher than any time in U.S. history, other than just after World War II. Adding in covid-19 relief measures, the president has enacted a total of $6.6 trillion in new borrowing in his first term. The debt is now likely to exceed the size of the economy as soon as next year”. 
 
Trump's Tariffs Failed to Fix the Trade Deficit
https://www.bloomberg.com/opinion/articles/2020-10-06/trump-s-tariffs-failed-to-fix-the-trade-deficit
 
Trump’s Jobs Record Fell Short of Promises Even Before the Virus
https://www.bloomberg.com/news/articles/2020-09-29/trump-s-jobs-record-fell-short-of-promises-even-before-the-coronavirus-pandemic
 
Rating the Trump Economy Pre-Covid-19? Just Average
https://www.bloomberg.com/opinion/articles/2020-08-13/how-trump-s-economic-growth-record-compares-with-past-presidents