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Showing Original Post only (View all)Mitch McConnell Says Trump Win Puts Americans In A 'Very Dangerous World [View all]
Source: huffpost
Sen. Mitch McConnell (R-Ky.) reportedly said that President-elect Donald Trumps victory puts Americans in a very, very dangerous world, stressing that he plans to spend his final two years in the Senate pushing back against the growing Trump-fueled isolationism within the GOP.
The 82-year-old Kentucky Republican, who last month stepped down from his role as the longest-serving party leader in Senate history, has a complicated record with the incoming president. While McConnell has worked to significantly move the country to the right much of it under the first Trump administration he is no fan of Trump and his isolationist worldview thats spreading throughout the Republican Party.
Read more: https://www.huffpost.com/entry/mitch-mcconnell-trump-americans-dangerous-world_n_675a09cae4b02802b83c4117
**Want A Better Economy? History Says Vote Democrat**
1. Personal disposable income has grown nearly 6 times more under Democratic presidents
2. Gross Domestic Product (GDP) has grown 7 times more under Democratic presidents
3. Corporate profits have grown over 16% more per year under Democratic presidents (they actually declined under Republicans by an average of 4.53%/year)
Average annual compound return on the stock market has been 18 times greater under Democratic presidents (If you invested $100k for 40 years of Republican administrations you had $126k at the end, if if you invested $100k for 40 years of Democrat administrations you had $3.9M at the end)
4. Republican presidents added 2.5 times more to the national debt than Democratic presidents
5. The two times the economy steered into the ditch (Great Depression and Great Recession) were during Republican, laissez faire administrations
**Why Are Republican Presidents So Bad for the Economy?**
G.D.P., jobs and other indicators have all risen faster under Democrats for nearly the past century. https://www.nytimes.com/2021/02/02/opinion/sunday/democrats-economy.html
**U.S. Jobs, Income, GDP Growth 'Startlingly' Higher Under Democratic Presidents** https://www.newsweek.com/us-jobs-income-gdp-growth-startlingly-higher-under-democratic-presidents-analysis-1566313
**Over the last 6 decades--60 years or so, history has tended to favor Democratic presidents in terms of economic performance** https://www.usnews.com/news/blogs/data-mine/2015/10/28/which-presidents-have-been-best-for-the-economy
**During the final 3 years of Barack Obama's presidency 2014. 2015 . 2016 , the number of jobs added was 1.5 million greater than the number added during Trump's first 3 years in office 2017 2018 2019** https://www.snopes.com/fact-check/obama-created-more-jobs-trump
**Trump inherited a booming economy and handed Biden a nation 'in shambles'** https://www.nbcnews.com/business/economy/trump-inherited-booming-economy-handed-biden-nation-shambles-n1255033
**Trump to leave office with the worst jobs record since Herbert Hoover** https://finance.yahoo.com/news/trump-leave-office-worst-jobs-030044152.html
Trump will be first president since WWII to lose jobs during tenure. The U.S. lost 140,000 jobs in December 2020 in the final jobs report of Trumps presidency. This means the nation has about 3 million fewer jobs than it did 4 years ago UNDER THE BLACK GUY --OBAMA, meaning Trump will be the first president to lose jobs over his term since employment data was collected in this way. NBC News Now correspondent Simone Boyce explains how it all unfolded.
https://www.nbcnews.com/now/video/trump-will-be-first-president-since-wwii-to-lose-jobs-during-tenure-
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The Trump tax cuts will pay for themselves he said
Donald Trump Built a National Debt So Big (Even Before the Pandemic) That Itll Weigh Down the Economy for Years The King of Debt promised to reduce the national debt then his tax cuts made it surge. Add in the pandemic, and he oversaw the third-biggest deficit increase of any president. https://www.propublica.org/article/national-debt-trump
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Republican tax cuts are the driving force behind the countrys worsening fiscal outlook.
If not for the Bush tax cuts and their extensions as well as the Trump tax cuts revenues would be on track to keep pace with spending indefinitely, Instead, these tax cuts have added $10 trillion to the debt since their enactment and are responsible for 57 percent of the increase in the debt ratio since 2001
https://finance.yahoo.com/news/gop-tax-cuts-driving-us-160437971.html
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Stated on July 23, 2019 in a tweet: "Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trumps got it back to a trillion." https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/