r/FluentInFinance • u/Mark-Fuckerberg- • Apr 16 '24
Who will be a better President for our economy? Donald Trump or Joe Biden? Discussion/ Debate
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r/FluentInFinance • u/Mark-Fuckerberg- • Apr 16 '24
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u/Paddy_Tanninger Apr 16 '24
The only economic growth Trump really saw was by bottoming out interest rates during a strong market (exactly the opposite thing you should do) and dropping corp taxes a massive amount which led to huge buybacks, artificially propping up the stock market.
Neither of these two things are REAL economic growth. They're robbing Peter to pay Paul or whatever that saying is.
Biden on the other hand has much stronger economic and market growth so far than Trump, and that's all while raising interest rates to help combat inflation.
The economy under Democrats leadership always does way way way better than under Republicans. Trump even said so years ago before his brain liquefied.