Many on the right seem to forget the last two decades of economic ups and downs. They cheer the great Trump economy and have forgotten the economy that he inherited. They think that Trump entered office and pushed a button and immediately the economy became the greatest in the history of our country. Sorry, not so.
Nobody will deny that things are good. We have had 10 straight years of economic growth and declining unemployment. This trend started after the economy was raised out of the ashes of the great recession. Housing prices plummeted, financial institutions failed and the auto industry and others were on the verge of bankruptcy. The previous administration intervened and the economy started to heal.
So ask the question why with this great economy do we have budget deficits twice what they were in 2016 with $3 trillion added to the national debt. Why a massive tax cut did not increase tax revenues and corporate investment as promised. Ask why GDP growth is no different from the growth that this administration inherited and not the 4% plus we were promised. Little on infrastructure and we are on the hook for $70 billion because of tariffs.
Richard Hunt, Payson