Boy, what a disaster Criminal Donald was for 4 years. Notice all the disaster he caused us below, the right wingers are falsely trying to blame President Biden for. This is all Criminal Donald's mess that he left for President Biden to clean up. And it's a huge task to get done. Look at this total disaster Criminal Donald left us with. Massive job loss, destroyed manufacturing, increased massive debt, slow growth, high murder rate and high illegal immigration. That's why people will not vote for a Republican again. Criminal Donald is a total failure. President Biden got the unemployment rate back down to 4.8%, has record job creation and manufacturing growth in just 8 months, and the crime rate is down. That is real success. Now look at the Trump disaster we had to suffer with.
Trump’s Final NumbersThe economy lost 2.9 million jobs. The unemployment rate increased by 1.6 percentage points to 6.3%
The international trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.
The number of people lacking health insurance rose by 3 million.
The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion.
Illegal immigration increased. Apprehensions at the Southwest border rose 14.7% last year compared with 2016.
Coal production declined 26.5%, and coal-mining jobs dropped by 16.7%.
Handgun production rose 12.5% last year compared with 2016, setting a new record.
The murder rate last year rose to the highest level since 1997.
Unemployment — As a candidate, Trump frequently criticized the monthly unemployment rates as “phony numbers.” But as president, Trump immediately began to take credit for driving down the unemployment rate, which at 4.7% was already close to full employment when he took office in January 2017. Two months into Trump’s term, then-White House Press Secretary Sean Spicer joked about his boss’s change of heart: “I talked to the president prior to this, and he said to quote him very clearly — ‘They may have been phony in the past, but it’s very real now.’”
During the pandemic, the unemployment rate peaked at 14.8% in April 2020, the highest since BLS began tracking the figure in 1948.
When Trump’s term ended in January 2021, the unemployment rate was 6.3% — which was 1.6 percentage points higher than when he took office.
Economic Growth — Even before the COVID-19 pandemic, the U.S. economy began slowing down. The real (inflation-adjusted) gross domestic product went up in Trump’s first two years, peaking at an estimated 2.9% in 2018 — the highest since 2005. But the economy grew only 2.3% in 2019 and the bottom fell out in 2020.
The real GDP declined 3.4% in 2020 from the previous year. It was the largest drop since 1947, when the nation’s economy declined 11.6% after years of economic expansion fueled by World War II.
As a candidate and president, Trump promised the nation’s economy would grow on an annual basis by 4% to 6%. But it never topped 3%.
Crime — Murders and aggravated assaults shot up dramatically under Trump, while most other types of crime declined.
In his inaugural address, Trump darkly portrayed America as a country mired in poverty, drugs and crime. “This American carnage stops right here and stops right now,” he promised. But quite the contrary, the FBI’s annual Crime in the United States report, released Sept. 27, shows 4,157 more homicides were committed in 2020 than in 2016, when Trump was elected. (See Table 1.)
That translates to a murder rate per 100,000 people of 6.5 in 2020, an increase of 1.1 points since 2016. The 2020 rate was the highest since 1997, though still well below the peak 10.2 rate recorded in 1980. The rate of aggravated assaults also rose under Trump — by 12.6%.
Trade— The international trade deficit Trump once promised to reduce grew larger instead, increasing three out of his four years in office.
The most recent government figures show that the total U.S. trade deficit in goods and services in 2020 was almost $677 billion — the highest since 2008 and an increase of 40.5% from 2016.
Annual exports of goods and services decreased 4.6% in 2020 compared with 2016. Meanwhile, annual imports of goods and services were up 3.4% in 2020 compared with four years earlier.
Debt — Trump made no progress in erasing the debt, which the then-presidential candidate once said he could probably do in eight years.
Rather, the amount the federal government has borrowed from the public went up by 50% during Trump’s time in office — from $14.4 trillion on the day he was inaugurated to $21.6 trillion the day his successor was sworn in.
Deficits — Trump left office almost four months after the U.S. recorded its largest annual deficit of $3.1 trillion in fiscal year 2020.
Coal Mining Jobs — As a candidate, Trump promised to “put our [coal] miners back to work,” but that didn’t happen.
There were 8,500 fewer coal mining jobs in January than when Trump took office. That’s a decline of 16.7%.
https://www.factcheck.org/2021/10/trumps-final-numbers/U.S. manufacturers blame Trump-era tariffs for inflation’s rise
Last Updated: June 1, 2021 at 7:31 a.m. ETCompanies appeal to Biden administration to roll back the tariffsWASHINGTON — Economists and policy makers are debating whether stimulus spending and easy monetary policy are fueling inflation. Many businesses say there is another culprit that should share the blame: import tariffs.
The Trump administration implemented tariffs on products including lumber, steel and semiconductors to shield American companies from a glut of cheap imported products from China and other countries.
The tariffs have long been opposed by U.S. companies that import the goods and pay the levies. They are making a new push for the Biden administration to lift them, on grounds that tariffs contribute to rising prices and product shortages that are accompanying the post-pandemic recovery.
https://www.marketwatch.com/story/u-s-manufacturers-blame-trump-era-tariffs-for-inflations-rise-11622387247
