Quote:
Originally Posted by tommy156
trump was for "America and everyday Americans"? Really? Lol. Yeah, I'll admit he lies about being all for that (that's exactly how he won, by lying about these things), but do you have any specific examples of him sticking up for the little guy from a policy standpoint? Because it wasn't job creation, or tax breaks, or healthcare. So, what are you referring to?
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Here are just a few
Unprecedented Economic Boom
America gained 7 million new jobs – more than three times government experts’ projections.
Middle-Class family income increased nearly $6,000 – more than five times the gains during the entire previous administration.
The unemployment rate reached 3.5 percent, the lowest in a half-century.
Achieved 40 months in a row with more job openings than job-hirings.
More Americans reported being employed than ever before – nearly 160 million.
Jobless claims hit a nearly 50-year low.
The number of people claiming unemployment insurance as a share of the population hit its lowest on record.
Incomes rose in every single metro area in the United States for the first time in nearly 3 decades.
Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows.
Unemployment for women hit its lowest rate in nearly 70 years.
Lifted nearly 7 million people off of food stamps.
Poverty rates for African Americans and Hispanic Americans reached record lows.
The bottom 50 percent of American households saw a 40 percent increase in net worth.
Wages rose fastest for low-income and blue collar workers – a 16 percent pay increase.
Created more than 1.2 million manufacturing and construction jobs.
The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020.
The S&P 500 and NASDAQ have repeatedly notched record highs.
Tax Relief for the Middle Class
Passed $3.2 trillion in historic tax relief and reformed the tax code.
More than 6 million American workers received wage increases, bonuses, and increased benefits thanks to the tax cuts.
A typical family of four earning $75,000 received an income tax cut of more than $2,000 – slashing their tax bill in half.
Doubled the standard deduction – making the first $24,000 earned by a married couple completely tax-free.
Doubled the child tax credit.
Virtually eliminated the unfair Estate Tax, or Death Tax.
Cut the business tax rate from 35 percent – the highest in the developed world – all the way down to 21 percent.
Small businesses can now deduct 20 percent of their business income.
Businesses can now deduct 100 percent of the cost of their capital investments in the year the investment is made.
Since the passage of tax cuts, the share of total wealth held by the bottom half of households has increased, while the share held by the top 1 percent has decreased.
Over $1.5 trillion was repatriated into the United States from overseas.
Lower investment cost and higher capital returns led to faster growth in the middle class, real wages, and international competitiveness.
Jobs and investments are pouring into Opportunity Zones.
Created nearly 9,000 Opportunity Zones where capital gains on long-term investments are taxed at zero.
Opportunity Zones have attracted $75 billion in funds and driven $52 billion of new investment in economically distressed communities, creating at least 500,000 new jobs.
Massive Deregulation Ending the regulatory assault on American Businesses and Workers.
Instead of 2-for-1, we eliminated 8 old regulations for every 1 new regulation adopted.
Provided the average American household an extra $3,100 every year.
Reduced the direct cost of regulatory compliance by $50 billion, and will reduce costs by an additional $50 billion in FY 2020 alone.
Removed nearly 25,000 pages from the Federal Register – more than any other president. The previous administration added over 16,000 pages.
Fair and Reciprocal Trade
Secured historic trade deals to defend American workers.
Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP).
Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA).The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers.
The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over ten years.
Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas.
Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products and ended its ban on potatoes and lamb.
Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free.
Negotiated another deal with Japan to boost $40 billion worth of digital trade.
Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff.
Reached a written, fully-enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, and the protection of American ideas, trade secrets, patents, and trademarks.
China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect.
Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports by 180 percent to $420 million.
Secured a pledge from the EU to eliminate tariffs on American lobster – the first United States-European Union negotiated tariff reduction in over 20 years.
Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests.
Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974.
Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property.
Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security.
Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels.
Blocked illegal timber imports from Peru.
Successfully negotiated more than 50 agreements with countries around the world to increase foreign market access and boost exports of American agriculture products, supporting more than 1 million American jobs.
Unleashed America’s oil and natural gas potential.
For the first time in nearly 70 years, the United States has become a net energy exporter.
The United States became the number one producer of oil and natural gas in the world.
Withdrew from the unfair, one-sided Paris Climate Agreement.
Approved the Keystone XL and Dakota Access pipelines.
Opened up the Arctic National Wildlife Refuge (ANWR) in Alaska to oil and gas leasing.
Repealed the last administration’s Federal Coal Leasing Moratorium, which prohibited coal leasing on Federal lands.
Reformed permitting rules to eliminate unnecessary bureaucracy and speed approval for mines.
The average American family saved $2,500 a year in lower electric bills and lower prices at the gas pump.
Increased access to our country’s abundant natural resources in order to achieve energy independence.
Great Healthcare for Americans
Eliminated the Obamacare individual mandate – a financial relief to low and middle-income households that made up nearly 80 percent of the families who paid the penalty for not wanting to purchase health insurance.
Increased choice for consumers by promoting competition in the individual health insurance market leading to lower premiums for three years in a row.
Offered Association Health Plans, which allow employers to pool together and offer more affordable, quality health coverage to their employees at up to 30 percent lower cost.
Increased availability of short-term, limited-duration health plans, which can cost up to 60 percent less than traditional plans, giving Americans more flexibility to choose plans that suit their needs.
Expanded Health Reimbursement Arrangements, allowing millions of Americans to be able to shop for a plan of their choice on the individual market, and then have their employer cover the cost.
Added 2,100 new Medicare Advantage plan options since 2017, a 76 percent increase.
Lowered Medicare Advantage premiums by 34 percent nationwide to the lowest level in 14 years. Medicare health plan premium savings for beneficiaries have totaled $nearly 1.5 billion since 2017.
Improved access to tax-free health savings accounts for individuals with chronic conditions.
Eliminated costly Obamacare taxes, including the health insurance tax, the medical device tax, and the “Cadillac tax.”
Worked with states to create more flexibility and relief from oppressive Obamacare regulations, including reinsurance waivers to help lower premiums.
Lowered drug prices for the first time in 51 years.
Finalized the Most Favored Nation Rule to ensure that pharmaceutical companies offer the same discounts to the United States as they do to other nations, resulting in an estimated $85 billion in savings over seven years and $30 billion in out-of-pocket costs alone.
Proposed a rule requiring federally funded health centers to pass drug company discounts on insulin and Epi-Pens directly to patients.
Ended the costly kickbacks to middlemen and ensured that patients directly benefit from available discounts at the pharmacy counter, saving Americans up to 30 percent on brand name pharmaceuticals.
Enhanced Part D plans to provide many seniors with Medicare access to a broad set of insulins at a maximum $35 copay for a month’s supply of each type of insulin.
Reduced Medicare Part D prescription drug premiums, saving beneficiaries nearly $2 billion in premium costs since 2017.
Passed Right To Try to give terminally ill patients access to lifesaving cures.
- What the fuck do you call the mess in Ukraine Senile Biden has gotten us into. Hint. It starts with a W, ends with a R and has a A in the middle.
