DJT did zilch, except leave Biden with a 7.5% unemployment rate, which was fixed. I stated way back in February that the November presidential ticket would have two different names on it than everyone was expecting. we are 50% the way there.
@@jlvandat69 keep dreaming. You should blame 7.5% unemployment to Governors esp in Blue states who made their own decisions over the length of lockdown.
Trump spent $144 million of taxpayer dollars going golfing twice per week, and watched Fox News 4 hours every morning. Not surprising he didn't get much done.
Finally hell. Stop. Dems have been saying this during and after his entire Presidency. Not new information. Finally? WTF are you talking about? C'mon mam
The pandemic saved Trump. His trade war with China was sinking the economy so he mitigated in the short term by cutting taxes and printing money. The job numbers weren't going up so it was only a matter of time before the economy crashed. The pandemic came along and provided him with an excuse.
The problem with electing a Washington outsider as president is that it usually takes them at least a year to figure out what they are doing. They have to form relationships with key people in Congress and determine which of their staff members are actually competent. Biden already knew all of that, so he was able to accomplish more than Obama or Trump did in his first two years as president.
Good to remember that we need to compare our economy with the world economy. I hear sbout the one breadwinner home, children doing better than their parrents, manufacturing in America dissapearing etc. there was only a brief window after ww1 and 2 where the united states ruled the sconomic world. It was neve going to stay that way. And tge wealthy did not take such a large chunk of the gdp.
I'd much rather listen to someone older who has gained knowledge through observing changes and its impact on different aspects of business. He shares insight that younger people are just not old enough to acquire. And Mr. Schlosstein clearly spells it out, IN REALITY, Trump talked, Biden/Harris accomplished. That really puts things in a nutshell. Trump talked a good talk, Whereas the Democrats walked the walk. Which makes Trumps entire base of supporters duped fools we need to stop listening to. They are not dealing with reality, they are not interested in the truth, they are only interested in supporting Trump, winning and complaining when they don't like the results of getting their way and blaming everyone except themselves.
Schlosstein take on Amazon/Walmart comparison is interesting. So share holders aversion to high level risk could be impeding some major innovations from major companies.
He didn't turn the country to sh** like Biden/Harris and we had good jobs and could afford groceries. He also worked to free those who were wrongly imprisoned by Kamala by pushing through criminal justice reform. Basically the opposite of these evil filth.
The formation of the Chips Act was in 2019 under Republican thought leadership. The 2017 tax reform is the only growth policy propelling the economy now. Everything
Complete untrue. It permanently reduced federal revenue and cut taxes for the super rich. The tax cuts did not create enough growth to pay for them, and Trump skyrocketed the budget deficit and added 8 trillion to the national debt. Trump inherited Obama's economy. He didn't do squat.
Tyson was fined $221million for price gouging, Hormel $11million, Teva Pharmaceutical $225million, etc. Corporations like to jack prices up during disasters to legitimize their greed, and the Right likes to blame the government.
@@Sparta1993 The US is producing more oil than ever before, so maybe ask the oil companies why gas is so expensive. The cost of gas affects supply chain’s delivering food and that is passed onto the consumer. You will not be able to point to any Biden policy that caused inflation, it s world wide issue and the US has the lowest rate among the G7. Currently the US does not have any US service people fighting a war, so that claim is a red herring.
That's the point. Less government more prosperity. Deregulate, close the border, cut taxes and leave us to it. That's all government should do. Democrats did much more and we suffer as a result. Leave us be and get out of the way.
Biden cleans up the mess from Trump's Covid debacle and his policies avoided a recession. Obama inherits the Bush deregulated real estate mess and resumes growth in his 2nd term. Clinton reduced the deficit via reduced spending. The original big lie is that Republicans in the White House do a better job with our economy. Tired of hearing this false narrative.
Deregulation of the financial sector lead DIRECTLY to the GFC. Unfettered capitalism benefits only the very rich. When are you going to grasp that basic fact?
President Trump will go into American 🇺🇲 history book as the one who woke the world up about the expansionist China 🇨🇳. - beginning with hefty tariffs on Chinese imports, then - broadening into tech restrictions against Huawei, and - finally launching a decoupling. Current US policy has basically *continued and intensified* his strategy.
Trump.... - gave tax breaks to the rich - initially ignored the Pandemic costing lives - sided with Putin in Helsinki over Americas own Intel Depts - misrepresented facts more than 30K times while in office - tried to overthrow election results - etc etc
Tariffs that directly caused INFLATION. In fact, if you look back at the data, inflation was rising before Biden was even sworn into office, and by 3 months into his Presidency, before he had even passed any legislation, inflation was halfway to it's peak. This was Trump's inflation.
May you never run anything in your life like trumpf ruined this country. Economic prosperity he inherited from Obama-Biden admin. First major crisis was the pandemic and he blew it. What are you on?
Afghanistan, ballooning the deficit with tax breaks for the 1%, putting migrant children in cages. You really are a grifter’s dream, huh? Big fan of Joe McCarthy?
A very superficial analysis. We were still in Afghanistan, tax cuts never paid for themselves; 3rd worse deficit rise in US history, terrible COVID response(pre & post) a lull in fighting doesn't equate to " peace." What Carter did between Israel & Egypt is what peace looks like. What's so unsafe about the border now?
trumpf presided over the worst deficit in US history, rode the Obama-Biden economy and mismanaged it terribly during covid, took us to recession, many lost their lives because of his terrible leadership via covid, etc.
Good to remember that we need to compare our economy with the world economy. I hear sbout the one breadwinner home, children doing better than their parrents, manufacturing in America dissapearing etc. there was only a brief window after ww1 and 2 where the united states ruled the sconomic world. It was neve going to stay that way. And tge wealthy did not take such a large chunk of the gdp.
307 days golfing? What socialist country has that generous a vacation package....
Trump coasted on the Obama economy until he actually had to do something, manage the covid crisis which he failed miserably.
Thank you!
So very astute and well-spoken, Ralph Schlosstein, Chairman Emeritus of Evercore Inc.
Bull crap he gave a two trillion dollar tax break to the wealthiest
thank you for letting him complete his thoughts! proper interview style. interesting as heck.
Someone finally said the truth about tweeter in chefif
Exactly.
DJT did zilch, except leave Biden with a 7.5% unemployment rate, which was fixed. I stated way back in February that the November presidential ticket would have two different names on it than everyone was expecting. we are 50% the way there.
@@jlvandat69 keep dreaming. You should blame 7.5% unemployment to Governors esp in Blue states who made their own decisions over the length of lockdown.
Biden/Harris also inherited the highest debt in trillions left behind from the previous administration & still managed to stabilise the economy.
Trump is all talked just to pleased his followers but lack actions…sad his supporters fall for it
His supporters are blinded by extreme bias, their infatuation with a lying malignant narcissist.
Trump spent $144 million of taxpayer dollars going golfing twice per week, and watched Fox News 4 hours every morning. Not surprising he didn't get much done.
He speaks the truth! Clear and concise.
Spoken so well, so eloquently! “High rhetoric with low accomplishments” …
Twice impeached one term Pres Trump is good for the business of Trump/Kushner.
Finally, someone tells the truth
Finally hell. Stop. Dems have been saying this during and after his entire Presidency. Not new information.
Finally? WTF are you talking about?
C'mon mam
The pandemic saved Trump. His trade war with China was sinking the economy so he mitigated in the short term by cutting taxes and printing money. The job numbers weren't going up so it was only a matter of time before the economy crashed. The pandemic came along and provided him with an excuse.
Vote 🔵 NOT 🟠turd!!!!!!!!!!!!!!!!!!!!!!!!!!!!
The problem with electing a Washington outsider as president is that it usually takes them at least a year to figure out what they are doing. They have to form relationships with key people in Congress and determine which of their staff members are actually competent. Biden already knew all of that, so he was able to accomplish more than Obama or Trump did in his first two years as president.
I like the Amazon example, it was logical.
Good to remember that we need to compare our economy with the world economy. I hear sbout the one breadwinner home, children doing better than their parrents, manufacturing in America dissapearing etc. there was only a brief window after ww1 and 2 where the united states ruled the sconomic world. It was neve going to stay that way. And tge wealthy did not take such a large chunk of the gdp.
Vote 🩵🩵
I'd much rather listen to someone older who has gained knowledge through observing changes and its impact on different aspects of business. He shares insight that younger people are just not old enough to acquire. And Mr. Schlosstein clearly spells it out, IN REALITY, Trump talked, Biden/Harris accomplished. That really puts things in a nutshell. Trump talked a good talk, Whereas the Democrats walked the walk. Which makes Trumps entire base of supporters duped fools we need to stop listening to. They are not dealing with reality, they are not interested in the truth, they are only interested in supporting Trump, winning and complaining when they don't like the results of getting their way and blaming everyone except themselves.
Schlosstein take on Amazon/Walmart comparison is interesting. So share holders aversion to high level risk could be impeding some major innovations from major companies.
It's the old story of the short-term outlook.
Remember Covfefe?
🎉🎉record defecit..more debt than all previous Presidents🎉🎉🎉 yeah bankrupt billionaires🎉🎉
The problem isn't that he told the truth.The problem is that they're not gonna listen and still vote for the idiot
Did he accomplish anything ? I sure don't recall anything he accomplished while in office
He didn't turn the country to sh** like Biden/Harris and we had good jobs and could afford groceries. He also worked to free those who were wrongly imprisoned by Kamala by pushing through criminal justice reform. Basically the opposite of these evil filth.
Tax cuts for the rich is all we got
Good interview . I learned something
Where are you laughing at Trump and Vance from?
Smart man.
A rich banker supports Harris?
Really...
I don't think I've ever heard a more concise and cogent explanation of why Trump failed and Biden/Harris succeeded.
The most go*fing ( golfing & golfing ) around US in chief! Everything he touched died!
This election is focusing on values, the religious, and cultural values!
The formation of the Chips Act was in 2019 under Republican thought leadership. The 2017 tax reform is the only growth policy propelling the economy now. Everything
Complete untrue. It permanently reduced federal revenue and cut taxes for the super rich. The tax cuts did not create enough growth to pay for them, and Trump skyrocketed the budget deficit and added 8 trillion to the national debt. Trump inherited Obama's economy. He didn't do squat.
@@HTHAMMACK1 right!
Have you ever signed the front of a paycheck?
Of course not for Chyna😊
Hey is this rip van winkel
He said Netflix 😂
NFLX is a time bomb to $50
@@Joe-nj8py The humor was in the fact that he quoted it as part of Mag 7! Oblivious/ incompetent/ unaware/ didn’t read his notecards 🤷♀️
I thought Wal-Mart didn't become Amazon for the same reason Sears didn't become Wal-Mart.
Yeah right ! Gas was 2$ and food was cheap. And he started no new wars!!! That’s all we care about
If that's all you care about, then move to Mexico. In the US, we don't want a dictator Trump in the Oval Office
@@Sparta1993 when was gas cheap? During the pandemic? When did prices spike? After the pandemic. Who mismanaged the whole pandemic response?
Tyson was fined $221million for price gouging, Hormel $11million, Teva Pharmaceutical $225million, etc. Corporations like to jack prices up during disasters to legitimize their greed, and the Right likes to blame the government.
@@Sparta1993 The US is producing more oil than ever before, so maybe ask the oil companies why gas is so expensive. The cost of gas affects supply chain’s delivering food and that is passed onto the consumer. You will not be able to point to any Biden policy that caused inflation, it s world wide issue and the US has the lowest rate among the G7. Currently the US does not have any US service people fighting a war, so that claim is a red herring.
😂 coming from a guy no one even knows who he is
Since when do you speak for others? This only means you don't know who he is.
@@magicsaint you better go get yourself a tube of Vagisil your hoo ha is red from irritation 😆🇺🇸🇺🇸🇺🇸
That's the point. Less government more prosperity. Deregulate, close the border, cut taxes and leave us to it. That's all government should do. Democrats did much more and we suffer as a result. Leave us be and get out of the way.
Biden cleans up the mess from Trump's Covid debacle and his policies avoided a recession. Obama inherits the Bush deregulated real estate mess and resumes growth in his 2nd term. Clinton reduced the deficit via reduced spending. The original big lie is that Republicans in the White House do a better job with our economy. Tired of hearing this false narrative.
Google economic growth for both parties and eat crow
Deregulation of the financial sector lead DIRECTLY to the GFC. Unfettered capitalism benefits only the very rich. When are you going to grasp that basic fact?
Deregulate? Over many of our dead bodies. Maybe you should stay in your lane.
The same old worn out failed trickle down voodoo economics since Reagan. Your a skipping broken record
Typical business thinking short sighted and narrow minded.
😂
When the gaslighting gets to these levels you know the socialists are cooked.
Trump is a communist
Patriot is a word that MAGA has stolen from people who care about their country, not some old fool.
President Trump will go into American 🇺🇲 history book as the one who woke the world up about the expansionist China 🇨🇳.
- beginning with hefty tariffs on Chinese imports, then
- broadening into tech restrictions against Huawei, and
- finally launching a decoupling.
Current US policy has basically *continued and intensified* his strategy.
LoL, seriously.....😜🫢😳🤗😀🥺🤪🤣🤔
Republican Historians have rated Trump as one of the worst Presidents in History.
Trump....
- gave tax breaks to the rich
- initially ignored the Pandemic costing lives
- sided with Putin in Helsinki over Americas own Intel Depts
- misrepresented facts more than 30K times while in office
- tried to overthrow election results
- etc etc
Tariffs that directly caused INFLATION. In fact, if you look back at the data, inflation was rising before Biden was even sworn into office, and by 3 months into his Presidency, before he had even passed any legislation, inflation was halfway to it's peak. This was Trump's inflation.
YOU ARE DEAD WRONG>>>YOU LACK EDUCATION AND BEEN BRAIN WASHED BY FAKE NEWS!!!!@@johnnykay4340
Oh zip it
No wars, middle East peace, economic prosperity, safe border.= Trump,
Bloomberg, a bit like "what did the Romans ever do for us?".
Biden ended our longest war. Trump only talked about it.
May you never run anything in your life like trumpf ruined this country. Economic prosperity he inherited from Obama-Biden admin. First major crisis was the pandemic and he blew it. What are you on?
Afghanistan, ballooning the deficit with tax breaks for the 1%, putting migrant children in cages. You really are a grifter’s dream, huh? Big fan of Joe McCarthy?
A very superficial analysis. We were still in Afghanistan, tax cuts never paid for themselves; 3rd worse deficit rise in US history, terrible COVID response(pre & post) a lull in fighting doesn't equate to " peace." What Carter did between Israel & Egypt is what peace looks like. What's so unsafe about the border now?
trumpf presided over the worst deficit in US history, rode the Obama-Biden economy and mismanaged it terribly during covid, took us to recession, many lost their lives because of his terrible leadership via covid, etc.
"World altering?" You mean like "cloud". Wasn't that the "buzz word du jour" not that long ago? "Ah, the sheep do love to follow...." 🙄
Golf anyone?😁
Good to remember that we need to compare our economy with the world economy. I hear sbout the one breadwinner home, children doing better than their parrents, manufacturing in America dissapearing etc. there was only a brief window after ww1 and 2 where the united states ruled the sconomic world. It was neve going to stay that way. And tge wealthy did not take such a large chunk of the gdp.