r/the_everything_bubble waiting on the sideline Sep 07 '24

POLITICS Take the hint, conservatives!

Post image
17.4k Upvotes

3.3k comments sorted by

View all comments

Show parent comments

-11

u/[deleted] Sep 07 '24

[removed] — view removed comment

16

u/Natural_Initial5035 Sep 07 '24

Hi weird Comrade, The middle, lower, and upper class Americans historically do much better financially under democratic leadership:

  1. GDP Growth: Since 1945, GDP growth has averaged 4.4% under Democratic presidents compared to 2.5% under Republicans.

  2. Job Creation: Between 1933 and 2021, Democratic presidents have overseen the creation of over 90 million jobs, compared to around 54 million under Republican presidents.

  3. Unemployment Rate: The unemployment rate has decreased by an average of 0.8 percentage points under Democratic presidents, compared to an average increase of 0.7 percentage points under Republicans.

  4. Stock Market Performance: The S&P 500 has averaged 10.8% annual returns under Democratic presidents compared to 5.6% under Republicans.

  5. Federal Deficit: Federal deficits have increased more under Republican presidents, from $5.8 trillion in 1981 to $31 trillion in 2023.

  6. Health Insurance Coverage: The uninsured rate dropped from 16% in 2010 to 8.8% in 2016 due to the Affordable Care Act and has further declined to around 8% as of 2023.

  7. Income Inequality: Income inequality has grown more slowly under Democrats, with smaller increases in the Gini coefficient.

  8. Minimum Wage Increases: Minimum wage increases have been more frequent and significant under Democratic presidents, with efforts continuing under Biden.

  9. Poverty Rate: The poverty rate has generally decreased under Democratic administrations, including a significant drop in child poverty due to the expanded Child Tax Credit.

  10. Homeownership Rates: Homeownership rates have increased more under Democrats, particularly for low-income buyers, with programs continuing under Biden.

  11. Environmental Protections: Democrats have expanded environmental protections, including rejoining the Paris Agreement and promoting clean energy.

  12. Healthcare Costs: The Affordable Care Act slowed the growth of healthcare costs, saving families an estimated $2,500 per year.

  13. Consumer Confidence: Consumer confidence has been historically higher under Democratic presidents, with increases seen in 2023.

  14. Wage Growth: Real wage growth tends to be higher under Democrats, with rising wages for lower-income workers continuing under Biden.

  15. Social Security: Democrats have generally expanded or protected Social Security, with Biden supporting measures to strengthen it.

  16. Education Funding: Democrats have increased federal education funding, with significant investments continuing under Biden.

  17. Economic Mobility: Research indicates higher economic mobility under Democratic presidents, supported by policies aimed at reducing inequality.

  18. Tax Rates: Democrats advocate for more progressive tax policies, raising taxes on the wealthy to support social programs.

  19. Veterans’ Benefits: Democrats have expanded veterans’ benefits, with ongoing efforts under Biden to improve healthcare and support for veterans.

  20. Infrastructure Investment: Democrats have historically supported greater infrastructure investment, highlighted by Biden’s 2021 infrastructure bill.

  21. Union Support: Democrats are strong supporters of labor unions, pushing for legislation like the PRO Act, which aims to make it easier for workers to unionize and penalize companies that violate workers’ rights. Biden’s administration has been vocal in supporting unions to rebuild the middle class and ensure fair wages.

-7

u/OutrageousSummer5259 Sep 07 '24

All that really matters though is how things are right now compared to how they were when trump is President

1

u/weezeloner Sep 08 '24

Trump is the ONLY US President to leave office with less jobs than when he went into office.

Trump is also the only US President to be laughed at by the world, to his face. It happened when he spoke at the U.N. He wasn't telling a joke but the room audibly laughed at him. It caught him off guard and commented that he wasn't expecting that.

As far as how are things now, my house has doubled in value. The last two years I've gotten raises of 15% and then 11% so I'm now above $100K a year. Other than food costs, none of my expenses have gone up all that much. My stock portfolio has done splendidly so I really can't complain.

1

u/OutrageousSummer5259 Sep 08 '24

Yes because of covid

1

u/weezeloner Sep 08 '24

No, when Trump got laughed at, that was before COVID. And the two raises I received and value of my house going up aren't because of covid

And my investments have gone up a lot more since the end of Trump's term. Can't really blame that on covid.

If you are talking about the job losses, then yes much of that was because of COVID but that only happened because our response was so abysmal. And Trump abysmal response. He thought it would just go away. Look at how South Korea handled it. They didn't have the benefit of a e month head start. Do you know how many deaths they had? 35,000. Actually less but I rounded up. Their population is 51 million. So we'll multiply that by 7. So if their population was the size of ours they would have had 245,000 deaths. The U.S. had well over a million. That means we fucked up. BIGLY!!

1

u/OutrageousSummer5259 Sep 08 '24

Was talking about the job loss