Monday, May 25, 2020

Revealing . . .

. . . some facts (again)

". . . Trump didn’t build the pre-coronavirus economy he hails as his own. He inherited its major trends. This is true by just about every major metric, such as job growth and the decline in the unemployment rate, both of which had been steady during the Obama years and carried over into Trump’s presidency. . . Trump, of course, regularly claims he inherited a smoldering landscape of economic wreckage and turned it into a spectacular, glittering success. But it may now become harder to get away with this nonsense. . . Meanwhile, Trump might be in a better position to argue that he will rebuild our economy if he hadn’t thrown away whatever “economic populist” cred he once enjoyed. His massive corporate tax cut lavished most of its benefits on the wealthy while doing little for working people. He and Republicans are still trying to gut the Affordable Care Act’s health-care protections for millions. . ."

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