Discover and read the best of Twitter Threads about #trumpcrash
Most recents (10)
THREAD:
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
The economy was weak heading into 2020 because of the failure of the #GOPTaxScam. Trump claimed his tax cuts for corporations and the already-rich would “skyrocket” the economy & deliver 5-6% GDP growth.
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Growing consumer debt was also slowing the economy’s potential heading into 2020. As Wall Street Journal reported: “consumer debt, not counting mortgages, has climbed to $4 trillion—higher than it has ever been even after adjusting for inflation.” (3/12)
thedailyedge.substack.com/p/the-economy-…
thedailyedge.substack.com/p/the-economy-…
Here is a Trump scandal so bad, even Fox News is talking about it. How DID @IvankaTrump get so many Chinese trademarks approved in the days after her dad’s first meeting with President Xi? #QuidProQuo #TrumpCrimeFamily
They made Jimmy Carter give up his peanut farm.
Ivanka was awarded trademarks from China in 2017, 2018 and 2019 as her dad negotiated with Xi. Meanwhile US farmers fell into bankruptcy & US manufacturing entered a full year recession in 2019 ahead of the #TrumpCrash of 2020.
Ivanka was awarded trademarks from China in 2017, 2018 and 2019 as her dad negotiated with Xi. Meanwhile US farmers fell into bankruptcy & US manufacturing entered a full year recession in 2019 ahead of the #TrumpCrash of 2020.
Trump himself has received hundreds of millions in loans from foreign powers, millions in direct business, and he and Ivanka have been gifted trademarks from China in the midst of trade discussions. All of this is a flagrant violation of the Constitution.
THREAD:
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
Trump’s complete failure with #COVID19 turned what could have been a mild recession into a full blown economic crash—one that we may not fully recover from for many years.
How badly has @realDonaldTrump failed on the economy? (1/12)
The economy was weak heading into 2020 because of the failure of the #GOPTaxScam. Trump claimed his tax cuts for corporations and the already-rich would “skyrocket” the economy & deliver 5-6% GDP growth.
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Reality: 2020 began with economists predicting growth of just 1.8%. (2/12)
Growing consumer debt was also slowing the economy’s potential heading into 2020. As The Wall Street Journal reported: “consumer debt, not counting mortgages, has climbed to $4 trillion—higher than it has ever been even after adjusting for inflation.” (3/12)
The #TrumpCrash by sector:
The leisure and hospitality sector, which had the worst job losses in March and April, is still 4.1 million jobs below where it was in February and gained only 174,000 jobs in August, significantly fewer than the more than 600,000 it gained in July.
The leisure and hospitality sector, which had the worst job losses in March and April, is still 4.1 million jobs below where it was in February and gained only 174,000 jobs in August, significantly fewer than the more than 600,000 it gained in July.
Jobs in education and health increased by almost 150,000 in August as schools began to reopen across the country, but that number was still lower than the prior month’s gains. Manufacturing followed the same pattern — gaining jobs, but at a slower rate.
The retail and business services sectors saw bigger gains in August than July, though both are still below their February employment levels.
11.5 million jobs have been lost since February. Millions of jobs are gone forever. #TrumpPandemicFailure
nytimes.com/live/2020/09/0…
11.5 million jobs have been lost since February. Millions of jobs are gone forever. #TrumpPandemicFailure
nytimes.com/live/2020/09/0…
Instead of the jobs he promised, #LyingTrump has presided over one of the worst economic disasters in American history. Since he became President: 7.8 million jobs have been lost — including 7,100 coal mining jobs and 274,000 manufacturing jobs. (1/10) thedailyedge.substack.com/p/trump-the-di…
Instead of the “phenomenal” healthcare he promised, we have an out-of-control pandemic caused by a total failure in public health leadership, a growing death toll—and even Trump death panels. #TrumpTheGrifter is still pushing #hydroxycholorquine? (2/10) thedailyedge.substack.com/p/the-trump-de…
Instead of reducing the $19.9T debt he inherited to zero like he promised, #LyingTrump’s policies ballooned the deficit and sent the debt soaring to $24T in his first 3 years. The #TrumpCrash of 2020 exploded the debt further, to the current $26.5T. (3/10)
Like many, I’ve had some extra fee time these days... After rebinging @theofficenbc and #theofficereunion I was inspired.
A thread of Trump’s handling of the #coronavirus (#COVID19) pandemic, as told by Michael Scott. #TheOffice
A thread of Trump’s handling of the #coronavirus (#COVID19) pandemic, as told by Michael Scott. #TheOffice
Way back in 2018, Trump decided it was a good idea to disassemble the #Pandemic Response Team – created by the Obama administration in case there was “an airborne disease that is deadly.” This can’t go wrong! #thiswaspreventable
Trump does nothing to replace this. He plays golf and insults people on Twitter – just the normal things that presidents do right?
Why would America want to recreate the failed @realDonaldTrump economy?
In December 2017, #Trump claimed that his massive, deficit-busting tax giveaways for the rich and corporations would “skyrocket” the economy to 4%, 5%, even 6% GDP growth. (1/5)
In December 2017, #Trump claimed that his massive, deficit-busting tax giveaways for the rich and corporations would “skyrocket” the economy to 4%, 5%, even 6% GDP growth. (1/5)
In reality, the "Trump Economy" did not even reach 3% growth on an annual basis. Meanwhile, pre-#TrumpCrash the deficit had already skyrocketed—to $1+ trillion a year, with no end in sight. (2/5)
As for the debt Trump pledge to eliminate in 8 years: It soared to $24 trillion BEFORE the #TrumpCrash.
As for the autoworkers Trump promised his tax cuts would help: they saw 24,000 jobs disappear in the year BEFORE the crash. (3/5)
As for the autoworkers Trump promised his tax cuts would help: they saw 24,000 jobs disappear in the year BEFORE the crash. (3/5)
🔥BREAKING NEWS🔥It is VERY likely that @SenatorBurr is NOT the only one that sold stock while they acted like #coronavirus was a #CoronaHoax perpetuated by the Democrats... EVERYBODY who minimized #Covid_19 needs to be investigated. The @GOP caused the #StockMarketCrash2020‼️
WHOA‼️@SenatorLoeffler dumped her stock too... and then she tried to convince the rest of us that the economy was strong... LIAR‼️ #TrumpCrash The @GOP crashed the stock market during a pandemic 🔥
🔥@TuckerCarlson is calling for @SenatorBurr’s resignation. 🤔Will he try to walk it back when he learns that @realDonaldTrump, Kushner and the @SenateGOP are ALL involved⁉️
Ok so call the Coronavirus a "hoax." Keep beating the drum about the annual flu death numbers across all conservative platforms. Put a guy who barely believes in science in charge of everything, assisted by two guys whose biggest concern is the stock market.
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Then, as long as fewer people die from the Coronavirus than the flu this year, any measures taken are a "success." If/when life, panic, and supply chains stabilize, blame the Dems and the media for blowing the problem out of proportion and spooking the markets.
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And if it does spiral out of control, blame Pence and the Democrats for not doing more, drop Pence from the 2020 ticket, and campaign on the Dems failire to help mitigate the problem.
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Bookmarking this. Trump is taking full ownership of the US economy. Says the current state of the economy is nothing to do with Obama and everything to do with him.
The truth is, the economy is slowing rapidly. Trump's tax cuts have been a huge failure. Feb growth will be <1%.
The truth is, the economy is slowing rapidly. Trump's tax cuts have been a huge failure. Feb growth will be <1%.
My latest on Substack:
Trump’s hot air alone won’t keep the economy afloat. And new data released on Friday illustrates how quickly the “Trump Economy” is plummeting back to earth. #SundayThoughts thedailyedge.substack.com/p/the-trump-bo…
Trump’s hot air alone won’t keep the economy afloat. And new data released on Friday illustrates how quickly the “Trump Economy” is plummeting back to earth. #SundayThoughts thedailyedge.substack.com/p/the-trump-bo…
BREAKING: Tucker Carlson finally speaks the truth: @realDonaldTrump’s incompetence, CDC budget cuts and cavalier attitude about #COVIDー19 has left America unprepared for the #CoronavirusOutbreak—and the already-faltering #TrumpEconomy is too weak to absorb the hit. #TrumpSlump
