It really is bad. We had the worst month since April / May 2020. John Deere is furloughing people. The auto companies are downsizing......
Trump has his work cut out for him.
I recall @NJPSU barking about "SUGAR HIGH" of Trump's tax cuts back in 2018. As fate would have it, those tax cuts built such a strong economy that even COVID couldn't break it, yet here we are now dealing with the SUGAR HIGH Biden created.
https://www.foxnews.com/opinion/biden-oblivious-leaving-trump-economy-precipice-disaster
Apparently believing that the more you repeat a lie the truer it becomes, President Biden recently quoted a Time article claiming that "President Trump is receiving the strongest economy in modern history."
The Time article was little more than a setup designed to position Democrats to take credit for the inevitable Trump economic boom – as I noted on these pages just four days before Biden repeated this audacious claim. Expect similar efforts from the Left as they attempt to rewrite economic history in hopes that our memories are weak enough – and our gullibility strong enough – to overcome economic reality.
The fact is, Biden is handing Trump an economy on the precipice of disaster. Thanks in large part to Biden’s four-year deficit spending spree, the economy is shackled by an incomprehensibly huge $36 trillion in debt and $1 trillion less in Treasury cash on hand. That debt is growing exponentially, with interest alone now consuming over $1.1 trillion annually.
Trump has his work cut out for him.
I recall @NJPSU barking about "SUGAR HIGH" of Trump's tax cuts back in 2018. As fate would have it, those tax cuts built such a strong economy that even COVID couldn't break it, yet here we are now dealing with the SUGAR HIGH Biden created.
https://www.foxnews.com/opinion/biden-oblivious-leaving-trump-economy-precipice-disaster
Apparently believing that the more you repeat a lie the truer it becomes, President Biden recently quoted a Time article claiming that "President Trump is receiving the strongest economy in modern history."
The Time article was little more than a setup designed to position Democrats to take credit for the inevitable Trump economic boom – as I noted on these pages just four days before Biden repeated this audacious claim. Expect similar efforts from the Left as they attempt to rewrite economic history in hopes that our memories are weak enough – and our gullibility strong enough – to overcome economic reality.
The fact is, Biden is handing Trump an economy on the precipice of disaster. Thanks in large part to Biden’s four-year deficit spending spree, the economy is shackled by an incomprehensibly huge $36 trillion in debt and $1 trillion less in Treasury cash on hand. That debt is growing exponentially, with interest alone now consuming over $1.1 trillion annually.
