In spite of Trump’s constant lies and his demonstrated unfitness for office, the main reason voters give for supporting Trump is a perception that he would be better for the economy. But is this true?
“Donald Trump’s tariffs and the trade war his administration launched against China turned out to be far more damaging than many believed. That is the conclusion of research finding companies, consumers and the U.S. economy paid a heavy price for the Trump administration’s protectionist trade policies.” — Forbes, April 2022
Under Trump, the national debt increased by about 40%, more than any other four-year presidential term, because of his big tax cuts for the rich and big companies. He promised we’d all see a $4000 pay raise as a result. Did you?
The tariffs in his first term caused a trade war, and he ended up giving $61 billion to U.S. farmers as bailouts. We all paid higher prices, and farmers got almost all the tariff money.
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Economists warn that Trump’s current tariff plan would cost a typical family more than $2600-$7600 a year and spike inflation as high as 20%. Ready for a big tax rise and high inflation in your budget?
His mass deportation plans would cost nearly $1 trillion and would actually SHRINK our economy, especially in industries like construction, agriculture, and services.
Trump talks like Hitler, wants to be an autocrat, and would wreck our economy. Please — vote for anyone but Trump, for the sake of our country.
