Thread: The election
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Old 11-9-2016, 05:11 AM   #65
IwasAsquidOnce
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Default Re: The election

National Debt is not an indicator of national GDP. National Debt cannot begin to fall until, quite simply, we export more than we import. We cannot do this now because of how outsourced our economy is. NOTHING can change this EXCEPT for deregulation on businesses - the businesses cannot afford to do business in our country right now. The national unemployment rate did actually fall below where it was with previous presidents (and future) at the end of his presidency. There is a lag time between tax changes and economic impacts. His policies did not do a whole lot for unemployment i'll admit. But they did not increase it. However, after his presidency unemployment began to increase after his policies were slowly undone. Lag time is a very important aspect in economics that many people do not understand, as many economic changes do not manifest until later and often these manifestations are not accredited to the economic changes. Reaganomics is NOT a perfect catch all system, but before AND after his presidency, the economy declined in almost every aspect.

Last edited by IwasAsquidOnce; 11-9-2016 at 05:14 AM..
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