Empty Shelves

Empty Shelves

by | Aug 22, 2024

First consider what the Trump Presidency accomplished between 2016 and 2020 [1].

LEAD AN ECONOMIC RESURGENCE

Real GDP growth under President Trump beat the Congressional Budget Office’s (CBO) projections every year and exceeded the rate of the Obama Administration’s expansion.

CREATED NEW OPPORTUNITY FOR EVERY AMERICAN

The Trump economy brought workers off the sidelines after they were left behind for years. The prime-age labor force expanded by 2.3 million after shrinking by almost 1.6 million under the previous administration. The unemployment rate reached its lowest level in half a century, including for Blacks, Hispanics, Asians, etc.

LIFTED UP ALL AMERICANS

Nearly 2.5 million Americans were lifted out of poverty, including nearly 1.4 million children. The net wealth held by the bottom half of households grew by 47 percent—more than three times the rate of increase for the top 1 percent of households.

DELIVERED REAL GAINS FOR FAMILIES

Real household wealth increased by nearly $12 trillion since the start of 2017.

  • The domestic energy boom resulted in real savings for families, up to an average of $2,500 a year.
  • The President expanded affordable healthcare and child care options for families.
    • Doubling the Child Tax Credit saved nearly 40 million families an average of $2,200.

And compare the above to what Biden-Harris have done for the economy from 2020 to 2024. NOTHING useful, except prices sky-rocketed ([2]). A primary reason: fuel costs rose due to the war on fossil fuels, leading to increased costs for virtually all goods and services

Cost increase under Harris

Harris Price increases

Remember, Harris, along with her medically compromised boss, are responsible for the above prices, and they AGGRAVATED the pain the average American has been facing, thanks due to the, ironically named, Inflation Reduction Act.

And now, compare the above to what Harris-Walz are planning for their vision of the Communist States of America.

  • Ensure equity of outcomes, not just opportunity. This means if you are making over the median US income of $74,580, then you’re making more than your fair share and should plan for some of your income to be redistributed [3]. They’ve already made it clear that they will give $25,000 to anyone, including illegal non-citizens, wanting to buy a home!
  • Price controls: that’s essentially a communist policy. If you think the price increases above are bad, then you’ll be sorely mistaken. If Harris-Walz win, we’ll have EMPTY SHELVES in stores. Need examples? The former Soviet Union, North Korea, Venezuela… An important example: Argentina, before President Javier Milei was elected, was a complete wreck. Upon being elected, Milei removed all price controls, leading to an economic resurgence!

 

And there’s this third one, which is a smokescreen!

 

  • No Tax on Tips is a 2024 Trump plan, which Harris stole. Do you really believe Harris-Walz intend to carry out Trump’s economic policies? Ha!

 

References:

[1] Donald J. Trump, Fact Sheet – The Historic Results of President Donald J. Trump’s Economic Agenda Online by Gerhard Peters and John T. Woolley, The American Presidency Project.

https://www.presidency.ucsb.edu/node/340144

[2]  https://datavisualizations.heritage.org/markets-and-finance/the-biden-inflation-tracker/

[3] https://usafacts.org/articles/what-is-the-median-household-income-in-the-us/

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