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submitted by rydergreyson

The wikipedia article "Economic policies of Donald Trump" is written to have us believe Obama's legacy allowed Trump to inherit a "positive economic situation" and his tax cuts "worsen income equality".

Is this biased anonymous journalism and should this entry be ammended? https://en.wikipedia.org/wiki/Economic_policy_of_Donald_Trump

The wikipedia article "Economic policies of Donald Trump" is written to have us believe Obama's legacy allowed Trump to inherit a "positive economic situation" and his tax cuts "worsen income equality". Is this biased anonymous journalism and should this entry be ammended? https://en.wikipedia.org/wiki/Economic_policy_of_Donald_Trump
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RedBloodedFather (1 point)

For anyone needing facts to refute to this idiotic concept that Obama handed President Trump a robust economy.

https://www.investors.com/politics/editorials/economic-boom-trump-obama-policies/

The important points from the link above:

  • The New York Times itself described Obama's economy this way in August 2016: "For three quarters in a row, the growth rate of the economy has hovered around a mere 1%. In the last quarter of 2015 and the first quarter of 2016, the economy expanded at feeble annual rates of 0.9% and 0.8%, respectively. The initial reading for the second quarter of this year, released on Friday, was a disappointing 1.2%."
  • And on January 27, 2017, after the government reported that GDP growth for all 2016 was a mere 1.6% — the weakest in five years — the Times announced that "President Trump's target for economic growth just got a little more distant." That same month, the nonpartisan Congressional Budget Office forecast growth this year would be just 1.9%.
  • In August 2016, the Times declared that "the underlying reality of low growth will haunt whoever wins the White House."
  • CBS News reported that "with U.S. economic growth stuck in low gear for several years, it's leading many economists to worry that the country has entered a prolonged period where any expansion will be weaker than it has been in the past."

The media was regularly forecasting weak 1% growth as the new normal leading up to election day, and even leading up to President Trump taking office. Before the election this was done because they all assumed Hillary would win and they needed to set the narrative that the continued, and abnormally, low growth was correct.