Trump holds 2nd place for *increasing* the debt to GDP ratio in recent history (25% in a single year 🤯). Only Bush in 2001 did worse.
As long as you increase the debt/GDP ratio you can grow GDP all you like but it won't help
Discussion
Yes, because of COVID. I figured that was obvious. And thank God he did.
And the bottom statement makes zero sense, you’re just restating yourself a second time in the same sentence. It’s obvious to say that if a percent (x/y) is increasing, the denominator can’t outpace the numerator.
Back to my original statement, it’s a no brainer which will be better for GDP. Energy prices were half the price under Trump administration vs Biden/Harris. If that’s lost on you, I can’t help ya.
The facts disagree with your assumptions though. Does this bother you at all?
Under Trump GDP increased from 18.8 to 21.3 trillion USD. Under Biden it increased to an estimated 29 trillion USD in 2024, more than double Trump's growth rate. If you'd walk your talk you'd vote Harris 😂.
For the record: GDP measured in a money you can just print is the dumbest measure in human history.
And finally: Trump already ran massive deficits before COVID because of his trillion dollar tax cuts for the rich. During COVID, he again choose to stimulate demand rather than supply with his stimulus cheques. Both were big contributing factors to later inflation
That’s nominal GDP. Not real GDP. You’re making my point. Everything was “priced” higher in 2024. Clearly you don’t understand.
You use a lot of words, but never show any data to back it up and try to distract as soon as you're called out.
There's GDP data for 4 years under Trump and 4 years under Biden/Harris. Can you explain how those numbers underpin your statement that it's obvious that Trump will grow GDP more than Harris, either "real" or nominal?
Btw, GDP is still a bullshit measure
And you obviously don’t know what the Laffer Curve is if you think Trump’s tax cuts were “for the rich”. There’s no sense in debating a stranger online so poorly read.