#Trump said that the economy does better under Democrats (in 2004), and he doesn't understand why.
/1 #Election2024 #Election24 #Trump2024 #HarrisWalz2024 #TrumpIsUnfitForOffice
One of his policies is to massively increase trade tariffs, and he doesn't understand tariffs either: He thinks that the country of origin pays them!
/2 #TrumpIsTooStupid #TrumpisaDementedWeirdo #TrumpIsUnfitForOffice
It's easy to see how the Democrats' policies are better for the economy in the long term, because they take a longer term view (e.g. funding education). But they've had better results in the short term too.
Also, Republicans more often have deficits,
/3 #Election2024
and the Democrats pay down their debt: Republican economies are based on borrowing that has to be repaid while Democrats are in power, and the economy *still* does better under Democrats.
/4 #TrumpIsUnfitForOffice #TrumpisaNationalDisgrace #TrumpLiesjec.senate.gov/public/index.c…
The Economist, and many economists warn about the economic dangers of a #Trump presidency.
Look at what happened in Britain, with #BrExit: People voted for a crazy policy due to #racism, and now they're facing an austerity budget.
/5 #Election2024
An estimate of the cost of tariffs, by a conservative group:
#Election2024 #USElections2024
@threadreaderapp unroll
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.