ukcanuck wrote: ↑Tue Dec 25, 2018 5:00 am
WTF are his minions going to give him credit for the sun rising in the east and setting in the west too?
That list is so full of shit my phone is attracting those big blue bottle flies and it’s starting to stick in here.
Yeah, the list is extremely partisan, and it is weird some of the things they consider achievements.
Hosting a conference?
Being picked to host some future Olympics? Yeah, I'm sure that was all about Trump!
"Home-ownership among Hispanics is at the highest rate in nearly a decade."
Right, so you are basically saying it has recovered and is back to what it was before the financial crash at the end of Dubya's reign? And you credit Trump for this "accomplishment"? Hilarious!
A lot of it is about rolling back legislation. If it's an
achievement to lower the standards for water quality, air pollution, etc, well, I'm not convinced. Seems pretty backward. People will get sick and die. But OK.
Most of the economic stuff started under Obama and has just kept on going in the right direction, but sure, the election of Trump was popular among many corporate people, and may well have helped boost investment.
But many things Trump has done (tariffs, etc) are damaging for the economy, long term, and some of it is coming home to roost now.
The Dow Jones and S&P indexes are lower today than they were on January first of this year. All the growth they praise so much in this fairly old account, has been eliminated - and then some. December is looking like the worst month for the stock exchange since 1931. And it could fall even further.
Also, removing subsidies for fiture technology, like solar, wind, etc, while instead subsidizing industries that are at the end of their life cycle, like coal and oil, seems very misguided. Yeah, coal exports are up. Why? Because everyone else is closing their coal mines. The industry is dying. It can't compete. Most European countries are moving away from fossil fuels. As is China. It's not happening overnight, but the direction is clear. Twenty years from now, coal will be gone. Investing in that industry is like flushing your money down the toilet. And to make matters worse, it also means the US risks falling behind in the technologies that matter.
Also,some of the claims there are just false. The biggest tax cut in history? Fake news. Trump says so, but independent number crunches say, yeah, it's big, probably the eighth biggest in US history. The biggest
corporate tax cut, but overall, 8th place. Or fourth, depending on how you adjust for inflation.
https://www.bbc.com/news/world-43790895
But sure, if you think the taxes needed to be rolled back, that is worth mentioning.
Just try to not lie about how big it was. It was big, but not the biggest. That's just typical Trump hyperbole.
It seems to be full of holes like that. I don't have time to fact check every single item, but the few I have confirm that it's a propaganda piece rather than an honest evaluation.