2024 Biden vs. Trump: Who's better for the economy?

Stephen Moore, senior economic advisor to the Trump 2024 presidential campaign, and Jason Furman, Harvard’s Kennedy School of Government economics professor and former CEA chairman, join 'Squawk Box' to discuss the state of the 2024 race, which candidate is better for the economy, Bidenomics vs. Trump's economic policies, and more.

Пікірлер: 276

  • @erics.8926
    @erics.892615 күн бұрын

    I don’t need a Harvard professor to tell me how good or bad the economy is. I see it for myself

  • @EricaWaters-lr6zw
    @EricaWaters-lr6zw17 күн бұрын

    Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

  • @HRMColoniallifeinsurance

    @HRMColoniallifeinsurance

    17 күн бұрын

    With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.

  • @OliverLiam-px3vx

    @OliverLiam-px3vx

    17 күн бұрын

    With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    17 күн бұрын

    With my demanding job, I lack time for investment analysis. For seven years, a fiduciary has managed my portfolio, adapting to market conditions, enabling successful navigation and informed decisions. Consider a similar approach.

  • @LeahLewis-ny9iu

    @LeahLewis-ny9iu

    17 күн бұрын

    This is definitely considerable! Do you think you could suggest any professionals or advisors I can get on the phone with? I'm in dire need of proper portfolio allocation.

  • @AshleyKeith-vw7ws

    @AshleyKeith-vw7ws

    17 күн бұрын

    @@LeahLewis-ny9iu Just research the name Desiree Ruth Hoffman. You’d find necessary details to work with a correspondence to set up an appointment.

  • @davidelet3652
    @davidelet365215 күн бұрын

    You lost me at "clean coal". What a bunch of bs.

  • @joycharles1055
    @joycharles105511 күн бұрын

    Please state your class when you speak on biden(low, middle, high) what did Biden do for you?. When Trump in office I was low and middle. When i was low class i was about to work as many hours as i wanted and became middle class. When i got a promotion to a middle class position i was still able to work as many hours as i want and started touching around 80k. Soon as biden come my salary decrease to 60k, and its getting lower every year now..

  • @renelopez2244
    @renelopez224417 күн бұрын

    Tarriffs? Ask the soy bean farmers how that went when they were later out on warfare

  • @VV-gi6cu
    @VV-gi6cu8 күн бұрын

    Americans need to stop spending like it's business as usual. Live on a strict budget. Stop eating snacks. Pay off credit cards. Don't charge any more. Don't eat in restaurants. Stay out of bars and clubs. Consolidate car errands. Don't shop for clothes and shoes. Cut and fix your own hair and manicure your own nails. By budging my family eats healthy, at home, and spend time with each other. By living a frugal lifestyle, we can take overseas vacations and have brokerage accounts. When business establishments start to hurt things will get better for us. Actions speak louder than words.

  • @csrastonewaterfeature
    @csrastonewaterfeature16 күн бұрын

    We as Americans dont care about the Percentages going up or down or the bullcrap....we only care how high prices on everything or how much we pay for gas , food, Electric etc.....

  • @DanStreet-rm9wr
    @DanStreet-rm9wr17 күн бұрын

    Are you kidding me right now? Look at where we were in 2020! And then take a look at where we are now! You can’t spin this in any way! TRUMP 2024! It’s the only way to save this country!

  • @CrabbyE8

    @CrabbyE8

    17 күн бұрын

    What are you talking about? So much money has been made in the last 4 years. You buy T-bills and you make 5% or you invest in the S&P and make 15%+. No matter what you do you make money. I’d rather stick with old than crazy

  • @DanStreet-rm9wr

    @DanStreet-rm9wr

    17 күн бұрын

    @@CrabbyE8 if you look at 100 million people in this country, how many of those people have the money to buy stock or bonds at a serious level? No very many! People who had let’s say 300k in savings going into 2021 have now watched the buying power of that money fall to approximately 220k as a result of the inflation we have suffered under Joe Biden! That’s what I’m talking about! The majority of Americans don’t have the money to invest in stocks and bonds.

  • @apothe6

    @apothe6

    17 күн бұрын

    Trump presided over zero interest rate policies and endless money printing, and stimulus cheques lmao. Of course you loved the economy under helicopter money and excess haha

  • @seankennedy8945

    @seankennedy8945

    17 күн бұрын

    @@CrabbyE8 What a delicious comment. That's like saying when your house is burning down, there's free heat.

  • @CrabbyE8

    @CrabbyE8

    17 күн бұрын

    @@seankennedy8945 That’s pretty funny. It is. If your financial house is burning down, I’m sorry to hear that. But the S&P 500 is up 24% in the past year and that’s without money being free. This economy is so much stronger than the 2015-2020 economy and there’s so much $$ to be made. Sorry you’re not feeling it. A politician, let alone Trump, isn’t going to be a financial savior. I could never figure out how the Dems could both be Socialists and Coastal Elites (capitalists) at the same time. Most of us are just tired of this crap.

  • @stephane1952
    @stephane195214 күн бұрын

    I can't believe I am going to write this but Americans might starve if inflation continues. Forget the EV mandate, the microchip act, and the green new deal. People need to have food, shelter, and affordable healthcare.

  • @RedXlV

    @RedXlV

    13 күн бұрын

    That's complete and utter nonsense.

  • @papas631

    @papas631

    9 күн бұрын

    @@RedXlV the only thing that keeps the country running is dollar thats based on countries of the middle east

  • @joepeay6986

    @joepeay6986

    3 күн бұрын

    I could probably stand to miss a few meals. I must be fortunate. Lol

  • @joshhoward1289

    @joshhoward1289

    Күн бұрын

    I can’t believe you still think this is controversial.

  • @umoabasute9424
    @umoabasute942414 күн бұрын

    #2024Elections: Let’s be perfectly honest @TheDemocrats policies has always had a direct impact on our lives and not for the better. Democratic policies has always failed the Working Class. Name a Democratic policy that helped the working class? RINOs also has failed America 🇺🇸.

  • @InnovativeWorship

    @InnovativeWorship

    2 күн бұрын

    Please stop. Men lie. Women lie. Numbers don't lie. Bush screwed the economy. Obama brought it back. Trump screwed the economy. Biden brought it back. They mere fact that you used the word RINO's tells all of us you're a cult member.

  • @aaktatich
    @aaktatich15 күн бұрын

    Jason Furman apparently is clueless.

  • @NancyEmmanuel-yv5ol
    @NancyEmmanuel-yv5ol16 күн бұрын

    This is really bad and I feel sorry for people that do not have any other source of income.

  • @smilesfordays8946
    @smilesfordays894617 күн бұрын

    The ecomomy is not doing well, my 72 y.o. father recieved a foodstamp card for the first time in his life.

  • @joshhoward1289

    @joshhoward1289

    Күн бұрын

    Just like our communist socialist government wants.

  • @romelcurtis8652
    @romelcurtis865217 күн бұрын

    Taxing unrealized gains is a terrible idea. 😂

  • @jhull5870
    @jhull587017 күн бұрын

    Nope, the real question is " who is better for our democracy"? I am surprised that Joe doesn't wear his red MAGA cap more often.

  • @armancollin9239

    @armancollin9239

    17 күн бұрын

    The US is not a democracy, it is a constitutional republic

  • @joshhoward1289

    @joshhoward1289

    Күн бұрын

    We are a republic, but don’t let facts get in the way of fear propaganda

  • @xnikosamickx
    @xnikosamickx17 күн бұрын

    Did he say clean coal?

  • @tylerbyerly9662

    @tylerbyerly9662

    17 күн бұрын

    So you’d rather deal with high electric bills? You’re a 🤡

  • @PatrickRyan150
    @PatrickRyan15017 күн бұрын

    Why dont you use the term Bidenomics anymore? 😅

  • @ufo_vid9694

    @ufo_vid9694

    15 күн бұрын

    Because is Bribenomics

  • @CathyLoibl
    @CathyLoibl17 күн бұрын

    Cut the rhetoric (crap), ask any American “Are you better off now than you were when Trump was president?”

  • @VIsidore

    @VIsidore

    14 күн бұрын

    Yes, my annuity has doubled under Obama, Trump, and Biden. Trump lost more jobs than was created -2.8 million. Biden jobs are 16+ million. Biden stock market broke the 40,000 record. The unemployment rate increased by 1.6 percentage points to 6.3% under Trump. Biden is under 4% for two years. “The trade deficit Trump promised to reduce went up. The U.S. trade deficit in goods and services in 2020 was the highest since 2008 and increased 40.5% from 2016.” The number of people lacking health insurance rose by 3 million. The federal debt held by the public went up, from $14.4 trillion to $21.6 trillion ($8 trillion) under Trump. Home prices rose 27.5%, and the homeownership rate increased 2.1 percentage points to 65.8% under Trump. Coal production declined 26.5%, and coal-mining jobs dropped by 16.7% under Trump. The murder rate rose to the highest level since 1997 under Trump. The economy lost 154,000 manufacturing jobs under Trump. Biden gained 800,000 manufacturing jobs. "Official statistics from the federal Bureau of Labor Statistics show that manufacturing employment has risen by 789,000 since Biden took office in January 2021. That qualifies as "close to 800,000." “Under President Biden, a record 16 million new business applications have been filed, while the share of Black households owning a business has more than doubled, and the share of Latino households owning a business has increased by 40%.” As the Washington Post reported, "The Black unemployment rate sank to the lowest point on record in March, 5 percent, a testament to the economic recovery following the pandemic. The figure is even more surprising, considering that just three years ago, at the height of the coronavirus pandemic, the Black unemployment rate had soared to 16.8 percent." First, and perhaps most important, the unemployment rate for Blacks hit an all-time low of 4.8 percent in April of last year. Low unemployment has also allowed Blacks to make progress in closing the racial pay gap. I didn't use quotations for everything. I'm too tired. That's enough. I encourage you to fact check everything.

  • @kerryholland1402

    @kerryholland1402

    11 күн бұрын

    Biden killed our economy when he let all of the newcomers into our country 😮

  • @cleonwilliams1803
    @cleonwilliams180317 күн бұрын

    Vote Blue for wars,high prices, protests,and volatile American and Open Borders or Vote Red for no wars,low prices, no protests, American Peace and Closed Borders with American being secure know how I'm voting.

  • @manofsteel1082

    @manofsteel1082

    17 күн бұрын

    Vote red to support Russia, China and Rocket Man!!

  • @Vikis420

    @Vikis420

    17 күн бұрын

    ​@@manofsteel1082 😅😅😅 take your meds

  • @iLikeRantingStaySalty

    @iLikeRantingStaySalty

    16 күн бұрын

    @@manofsteel1082Biden literally did deals with china💀 Love it when people say stuff with no evidence or proof at all

  • @eds7343

    @eds7343

    16 күн бұрын

    @manofsteel1082 vote Blue to support Russia, China and Rocket Man. Fixed.

  • @steffen3535

    @steffen3535

    15 күн бұрын

    ​@@Vikis420 Trump doesn't care about you he only wants your vote

  • @plutodestroyer12
    @plutodestroyer1217 күн бұрын

    not even a question 😂

  • @jrobbins8058
    @jrobbins805817 күн бұрын

    Probably the dumbest question ever asked in the history of questions.

  • @jb894
    @jb89417 күн бұрын

    No debate. Trump all the time.

  • @gaylecheung3087
    @gaylecheung308716 күн бұрын

    Surprise This is even a discussion

  • @JayDC-zr2fy
    @JayDC-zr2fy15 күн бұрын

    No matter who is elected I will respect them and just move on with my regular days that brings it’s self beauty to inspire my energy and unity with the people we care about… Hopefully politics can do that to their followers…

  • @Flags.crosses.trailerparks
    @Flags.crosses.trailerparks15 күн бұрын

    Do you mean for the white man or for people in general?

  • @moonlight-lr5od
    @moonlight-lr5od16 күн бұрын

    Trump hands down!

  • @Thegreatitsltallianbread
    @Thegreatitsltallianbread16 күн бұрын

    Trump no question

  • @user-ol7tl1vf5m
    @user-ol7tl1vf5m17 күн бұрын

    a lean, efficient government should manage resources wisely, allowing the economy to thrive independently. By limiting the government's ability to overspend and inflate the currency, we can ensure more financial stability and prosperity for citizens.

  • @brianmatthews9697

    @brianmatthews9697

    15 күн бұрын

    Well said. The only flaw I find in your statement is finding a lean, efficient gov't. They love to waste our money. I wish what you said could or will happen.

  • @jordan9604

    @jordan9604

    14 күн бұрын

    @@brianmatthews9697 You would need a logical and educated population... Imagine having an IQ of 100 right now and then think that half the country is less than that... :/

  • @brianmatthews9697

    @brianmatthews9697

    14 күн бұрын

    @@jordan9604 Scary thought. I think Logical is more important than educated. Education is important, but brains and common sense are necessary too. I wonder if this could ever happen.

  • @jordan9604

    @jordan9604

    14 күн бұрын

    @@brianmatthews9697 I am with you. Logical/common sense is worth many times more than an education.

  • @jordan9604

    @jordan9604

    14 күн бұрын

    I legit just seen a woman with a glued on mustache while being 5 feet tall by 5 feet wide. I feel like she was one push away from rolling down a hill. Edit: I grew up in a town of about 100 population, then moved to a "city" of 2k people. We don't see that stuff around here.

  • @TheWizard856
    @TheWizard85617 күн бұрын

    Go after outsourcing and I'm in.

  • @umoabasute9424
    @umoabasute942416 күн бұрын

    #2024Elections: The Future of our country America 🇺🇸 and Next Generation’s Future are on the line come November. Which candidate will have the right policies that would make America 🇺🇸 a thriving country again. If you’ve love for America 🇺🇸 then y’all would go vote 🗳️ in November

  • @joshhoward1289
    @joshhoward1289Күн бұрын

    If it wasn’t for AI the stock market would be failing

  • @user-jk5du7mj3x
    @user-jk5du7mj3x19 сағат бұрын

    President Biden

  • @tigerpisces5506
    @tigerpisces550615 күн бұрын

    Trump's opening line on debate stage should be. " President Biden, I understand you're fragile frail, weak, with severe memory issues. I feel I should be very gentle vs. oppose you in a rigorous debate."😅

  • @k-teezy6423
    @k-teezy642315 күн бұрын

    17k views…141 likes…all you need to know

  • @user-sz3wm1wg8x
    @user-sz3wm1wg8x17 күн бұрын

    TRUMP2024❤

  • @joycharles1055
    @joycharles105511 күн бұрын

    I bet the only people that benefited from joe was the higher class people. Was making 1.5k-2.5k weekly when trump was in office now i get bs 800-1.2k weekly

  • @joshhoward1289

    @joshhoward1289

    Күн бұрын

    And the illegals

  • @umoabasute9424
    @umoabasute942417 күн бұрын

    #Vote2024: The great people of Nevada y’all need to go out and go vote 🗳️ for Sam Brown! A true patriot and fighter. Sam Brown will be your next Senator.

  • @CrabbyE8
    @CrabbyE817 күн бұрын

    No politician in their right mind would tax unrealized gains, it’s the stupidest idea ever. This whole segment was stupid

  • @krispynachos9980
    @krispynachos998016 күн бұрын

    Biden v Trump. Whoever wins we all lose

  • @allenchu4326
    @allenchu432616 күн бұрын

    Trump 2024

  • @williamtukeyjr3661
    @williamtukeyjr36615 күн бұрын

    Joe likes the trickle-down.

  • @brittneyk0158
    @brittneyk015815 күн бұрын

    “So I said, let me ask you a question, and he said, nobody ever asked this question and it must be because of MIT, my relationship to MIT. Very smart. “He goes, I say, what would happen if the boat sank from its weight? And you’re in the boat and you have this tremendously powerful battery and the battery is now underwater and there’s a shark that’s approximately 10 yards over there, by the way, a lot of shark attacks lately, do you notice that a lot of shark? “I watched some guys justifying it today. Well, they weren’t really that angry. They bit off the young lady’s leg because of the fact that they were, they were not hungry, but they misunderstood what who she was? These people are. “He said there’s no problem with sharks. They just didn’t really understand a young woman swimming now. It really got decimated and other people do a lot of shark attacks. “So I said, so there’s a shark 10 yards away from the boat, 10 yards or here, do I get electrocuted if the boat is sinking? Water goes over the battery, the boat is sinking. Do I stay on top of the boat and get electrocuted or do I jump over by the shark and not get electrocuted? “Because I will tell you he didn’t know the answer. He said, you know, nobody’s ever asked me that question. I said, I think it’s a good question. I think there’s a lot of electric current coming through that water. But you know what I’d do if there was a shark or you get electrocuted, I’ll take electrocution every single time.” 🥴 DONALD J. TRUMP CONVICTED FELON

  • @alicehenry6935
    @alicehenry693515 күн бұрын

    Biden just look at the numbers. You can wish for what you want but facts are facts.

  • @umoabasute9424
    @umoabasute942416 күн бұрын

    Advice Of The Day: The Future of America 🇺🇸 and Next Generation’s Future are at stake which is why we need new leadership. Bad policies are ruining our economy and lives. Change must be made in order for America 🇺🇸 to turn around our misfortunes.

  • @cinpeace353
    @cinpeace35315 күн бұрын

    What's the difference? Both are using non-stop money printing and borrowing to support the economy. 😅

  • @ferdinandefondo2232
    @ferdinandefondo223217 күн бұрын

    TRUMP 2024

  • @BrooklynRedneck
    @BrooklynRedneck16 күн бұрын

    Bidens economy has gotten so bad, every morning I look at my Pyrex glass and debate going back to a life of crime and cooking crack. While trump was president, I was 100% financially better off

  • @umoabasute9424
    @umoabasute942417 күн бұрын

    Advice Of The Day: If y’all want to make a difference in terms of wanting to make America 🇺🇸 a vibrant and thriving country then y’all must do whatever y’all can to go vote in November. People are saying that this country is headed in the wrong direction, well we can change that.

  • @pradipparida811
    @pradipparida81115 күн бұрын

    Rahul Gandi, an Indian politician, has insulted American blacks and spread derogatory remarks about black people of American descent in India during his election campaign. He has also criticized and demeaned American white people for a bitter relationship between India and America.

  • @LAUGHINGBUDDHA-dw7km
    @LAUGHINGBUDDHA-dw7km15 күн бұрын

    I vote Bitcoin. So now I vote Trump 🇺🇸!!

  • @user-rd6kq6xd3w
    @user-rd6kq6xd3w17 күн бұрын

    Trump!

  • @MatthewMoriarty-mh1th

    @MatthewMoriarty-mh1th

    3 күн бұрын

    Cult of personality

  • @thevacdude
    @thevacdude6 күн бұрын

    Biden 2024.

  • @alanhobbs4498

    @alanhobbs4498

    4 күн бұрын

    WE LOVE BIDEN!!!

  • @Fried52
    @Fried5217 күн бұрын

    Joe Kernen is the least intelligent commentator on CNBC. But both these guys make me laugh. Especially Moore. He has NEVER been right about anything he has ever predicted. Check his track record. Furman is a Larry Summers protege. I think that says it all. Summers track record is almost as bad as Moores. We would all be better off if these guys never get to give anyone advice ever again.

  • @alexphilipiah2452
    @alexphilipiah245212 күн бұрын

    Since, Joe Biden is likable very decent democracy loving president, however we feel that his campaign team and Biden himself has to step up to the highest level approaching to the voters explaining on why Trump is unfit and shouldn't be allowed in the white house again with the strongest message because election is approaching faster. Amen 🙏

  • @umoabasute9424
    @umoabasute942417 күн бұрын

    #2024Elections: Like in Sports Changes need to made so, come November we need to see change in leadership. The Future of America 🇺🇸 and Next Generation’s Future are at stake and we can’t not survive another 4 years of @POTUS Sleepy 😴 Joe, Economic Hardship and Lawlessness.

  • @user-fd8yj2wf2h
    @user-fd8yj2wf2h16 күн бұрын

    Америку ждут экологические катастрофы... Россия сделает всё возможное ,чтобы США пострадала..Россия давно планировала это сделать на 2024 год...Русские ученые давно исследовали слабые места Америки .. И в ближайшие время природа сделает с Америкой ужасное..... Зачем России использовать дальние ракеты или космос , когда можно пойти другим путём...Мы заставили вмешаться матушку природу в военных целях.... Ждите...... Оно около начнётся..

  • @knt3219
    @knt321918 күн бұрын

    Show ID And Vote : Politicians In Washington Have Been Sleeping And They Do Not Care Much Of Us. They Raise Tax , Make Deals , And Few Sell USA For US Dollars. We Are American And We 🇺🇸Love Our Country And We Want A Strong Leader For This Strong 🇺🇸Nation As Our Freedom And Constitution Have Been Presented. Show ID And Vote 2024. Sincerely❤❤❤, KNT.

  • @doug6723

    @doug6723

    17 күн бұрын

    The Reps lowered taxes for everyone that's why the national deficit keeps soaring to new highs. When corporations and billionaires pay less than the avg citizen there's something really wrong. It's called Rep greed. Btw, you can't vote Rep if you believe in our Constitution. Trump called for the "termination of our Constitution." which strikes me as very UNAMERICAN.

  • @umoabasute9424
    @umoabasute942417 күн бұрын

    #2024Elections: Note 📝 to all Voters 🗳️ and especially independent voters who are concerned about the direction in which this country is headed well, we can do something about it come November. Anyone but @POTUS Sleepy 😴 Joe would make for a better President, @RobertKennedyJr.

  • @SabrinaMccree
    @SabrinaMccree14 күн бұрын

    B

  • @eddieloujones2673
    @eddieloujones267311 күн бұрын

    test

  • @Kaceyylang
    @Kaceyylang15 күн бұрын

    At this point, we need new options. Trump already had his time to shine and Biden was previously Vice President. New candidates please and preferably a women.

  • @worseverse8702

    @worseverse8702

    9 күн бұрын

    shut up feminist gender doesnot matter policies do

  • @motoarzan791
    @motoarzan79118 күн бұрын

    FINE, BUT THEN CAN WE WRITE OFF "UNREALIZED" CAPITAL LOSSES.

  • @dgaz3057

    @dgaz3057

    17 күн бұрын

    Do you have over 100 million? Then no.

  • @doug6723

    @doug6723

    17 күн бұрын

    Exactly. It doesn't make sense to tax unrealized gains They can't tax you on money you don't have yet. What about all of the investors who had money in Enron. They pay taxes on the gains for years but when the company went under do they get reimbursed?

  • @ufo_vid9694
    @ufo_vid969415 күн бұрын

    Bidenomics=Bidenflation

  • @zackzeman410
    @zackzeman4108 күн бұрын

    God Bless Israel 🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱🇮🇱

  • @MrGriff305
    @MrGriff30516 күн бұрын

    Trump said it himself repeatedly, "The economy does better under the Democrats than the Republicans". And he's right. Violent crime also drops under Dems. Decency matters. Hope matters.

  • @betsyross4508

    @betsyross4508

    16 күн бұрын

    You have to be kidding. Trump made us energy independent, #1 Oil Producer in the world, thus low gas prices. He brought manufacturing jobs back to the U.S. by ending ridiculous regulations. He did so -so much more. Quit listening to any mainstream media. They are gas lighting you! They are the Globalist. They hate America. There is no Democrat vs Republican Representation. It is all a rouge!

  • @jordanslingluff287
    @jordanslingluff28718 күн бұрын

    The best thing for the economy is a mixed congress that way neither one of these lunatics can ram through thier garbage ideas.

  • @William1866

    @William1866

    18 күн бұрын

    I agree, but sometimes their negotiations end up creating more spending. For Trump to get funding for the border wall he let Nancy add massive spending to the bill.

  • @Nate_K111

    @Nate_K111

    17 күн бұрын

    I thought Mexico paid for the wall ??? art of the deal

  • @jordanslingluff287

    @jordanslingluff287

    17 күн бұрын

    @@William1866 The wall was a big waste of money. We need more judges and lawyers to process the asylum claims so we can deport 99% of the people crossing. A wall isn't gonna accomplish much.

  • @motoarzan791
    @motoarzan79118 күн бұрын

    TAXING "UNREALIZED" Capital gains would be like allowing to sue for damages that haven't "officially" been declared yet.

  • @dgaz3057

    @dgaz3057

    17 күн бұрын

    Uh no. Tax on assets, if u have over 100 million, that's excludes us

  • @ikingdavis7988

    @ikingdavis7988

    17 күн бұрын

    @@dgaz3057 taxes for thee and not for me 😉. Isn't everything supposed to be about equity?

  • @dgaz3057

    @dgaz3057

    17 күн бұрын

    @@ikingdavis7988 temporary until we get balanced, more ultra rich don't mind...

  • @betsyross4508
    @betsyross450816 күн бұрын

    Trump 2024!

  • @christianromero9596
    @christianromero959618 күн бұрын

    Clean coal? WTF more tax cuts?...so stupid.

  • @dgaz3057

    @dgaz3057

    17 күн бұрын

    Tax the ultra rich even unrealized gains...

  • @MrHand-ih4sz

    @MrHand-ih4sz

    17 күн бұрын

    ...says the guy who wants higher taxes and crappy electric cars.

  • @christianromero9596

    @christianromero9596

    17 күн бұрын

    @MrHand-ih4sz Yes, yes, I do. Trickle-down economics has been shown to not work. So maybe perhaps we should go back to the original idea .

  • @christianromero9596

    @christianromero9596

    17 күн бұрын

    Besides, I'm an average American.I don't make five hundred thousand dollars a year

  • @MrHand-ih4sz

    @MrHand-ih4sz

    17 күн бұрын

    @@christianromero9596 Maybe instead of US paying more taxes, our GOVERNMENT could spend less. I know...crazy idea, right?

  • @jtpalooki7757
    @jtpalooki775718 күн бұрын

    Reading tea leaves 101: low interest rates are a sign of a weaker economy 🤔… high rates are a sign of a red hot economy 🥵.. the Fed should have started raising rates when Trump was in office so inflation which was already here would be less severe!

  • @dgaz3057

    @dgaz3057

    17 күн бұрын

    True but he likes to pretend everything is fine till it's not, then a democrat comes in and cleans up the mess.

  • @MarinosTV1
    @MarinosTV118 күн бұрын

    Wow what a stark difference.. taxing unrealized gains? No thanks.

  • @btcberg3615

    @btcberg3615

    18 күн бұрын

    THEFT that guy is gross

  • @dgaz3057

    @dgaz3057

    18 күн бұрын

    Its for the Ultra Wealthy, the ones that don't post in the you tube comment section

  • @harrychu650

    @harrychu650

    18 күн бұрын

    @@dgaz3057 Thatvis exactly what they told us when they introduced the income tax

  • @jtpalooki7757

    @jtpalooki7757

    18 күн бұрын

    Not like the 90s when companies claimed unrealized gains on there balance sheets..

  • @dgaz3057

    @dgaz3057

    18 күн бұрын

    @@jtpalooki7757 The super rich don't sell them so they don't get taxed so hence the new proposal to help get us out of debt post pandemic.

  • @lpoint500
    @lpoint50018 күн бұрын

    Trump's massive deficit spending added 7.8 trillion to the national debt. His pandemic relief (free helicopter money) was in the vicinity of 3.6 trillion. And his trade wars and tariffs resulted in consumers paying significantly more for foreign products. The government has borrowed heavily under both the Trump and Biden Administrations to stabilize the economy. However, the rebound came with a surge of inflation pushing up interest rates and making it more expensive for consumers goods.

  • @jordanslingluff287

    @jordanslingluff287

    18 күн бұрын

    Yeah you would have a point except Pelosi is the one who wrote those bills.

  • @dgaz3057

    @dgaz3057

    18 күн бұрын

    For individuals with wealth over $100 million, it would require them to pay a minimum 25% tax rate on their unrealized capital gains each year. This unrealized gains tax is intended to target the ultra-wealthy and ensure they pay taxes on their accumulated investment gains, even if they avoid selling assets to defer taxes indefinitely. The administration argues this will increase tax fairness by taxing wealth accumulation that currently bypasses taxation mechanisms when assets are not sold. However, critics argue taxing unrealized gains would be administratively complex, reduce investment and economic growth, and face potential constitutional challenges. The proposal aims to raise substantial revenue ($800 billion according to one estimate) but its economic impact is hotly debated.

  • @jordanslingluff287

    @jordanslingluff287

    18 күн бұрын

    @@dgaz3057 It doesn't matter it's unconstitutional crap and would get tossed at the first legal challenge.

  • @William1866

    @William1866

    18 күн бұрын

    You left out that Dems were in on Trump's spending. Not only did they not oppose it, they added to it. They controlled the House, and helped draft the spending bills, making sure their projects got added. They also gleefully helped shut down the economy to create chaos to get Trump out of office. Notice how covid restrictions were lifted in blue states the day after Biden took office.

  • @doug6723

    @doug6723

    17 күн бұрын

    Also Trump promised 4% growth in the economy. FAIL. Promised a 550m infrastructure plan. FAIL. He mismanaged the pandemic, shut down travel, schools, businesses, then bailed out only the corporations while ignoring small businesses. He cut taxes for billionaires and corporations which increased the deficit. Tanked the economy, the stock market and lost 3m jobs. Last time I checked a presidency is determined by if you left the country in better shape than you inherited it. For Trump that's a definitive NO!

  • @William1866
    @William186618 күн бұрын

    It's spend, spend, spend, from here on in.

  • @nbonasoro
    @nbonasoro17 күн бұрын

    It's not even close, Biden is investing in building the economy for the future, and helping the working class. Trump is just getting rich people richer.

  • @allenchu4326

    @allenchu4326

    16 күн бұрын

    biden made the poor poorer. Trump made the poor less poor.

  • @neobahamet7578

    @neobahamet7578

    14 күн бұрын

    Biden is destroying our country to make him an his family rich.

  • @danaalexander5211
    @danaalexander521118 күн бұрын

    Since 45 & 46 have both added exponentially to the national debt in their terms, why aren't the addressing debt reduction?! 🙏✌️❤️🇺🇲Kennedy/Shanahan🇺🇲❤️✌️🙏 May we UNITE in INDEPENDENCE from the divisive duopoly!

  • @larskaminskidk

    @larskaminskidk

    18 күн бұрын

    Completely agree - The economy is not on the right track when you have a budget deficit of 5-7 percent of GDP

  • @GentlemanJack705

    @GentlemanJack705

    18 күн бұрын

    Kennedy isn't addressing the debt either. He's just making reference to it.

  • @myronjackson8756

    @myronjackson8756

    17 күн бұрын

    Don’t Americans have to play the hand they’re dealt or can you change decks or tables in the middle of the game? You certainly have the freedom in this great country to fold your hand and throw your vote away.

  • @foolishcoyote.

    @foolishcoyote.

    17 күн бұрын

    Your old conscious ways of thinking are old atomic age ways of thinking. New futuristic minds of consciousness believe in the MMT. Why does a Country tax & borrow when it prints its own 💰 MMT is for new 🇺🇸 and the new world 🌎

  • @ssuwandi3240
    @ssuwandi324017 күн бұрын

    Ner Energy Exporter vs Net Deficit Warfare. #MEGAMAGA2024 HANDS DOWN 🇺🇲🇺🇲🇺🇲

  • @RedXlV
    @RedXlV13 күн бұрын

    It's not debatable. Our current economy is vastly better in every way than it was 4 years ago.

  • @eggshan86

    @eggshan86

    13 күн бұрын

    You mean when the CCP unleashed a virus. We were shut down. When Trump said it came from China, liberals called him racist. Are you going to armchair quarterback it and say Biden would've done better?

  • @ChadBlevins
    @ChadBlevins17 күн бұрын

    TRUMP WOULD NOT HAVE AVOIDED INFLATION. The economy is doing better than it would have been under Trump, because the post covid economy would have had this inflation either way and Biden has at least brought the inflation back down without crashing the economy. #TrumpInflation

  • @engineking777

    @engineking777

    17 күн бұрын

    Trump 2024 . Trump for Latinos .

  • @EntrepreneurwithRA

    @EntrepreneurwithRA

    17 күн бұрын

    18 percent inflation under Biden. 50 percent increase in gas and 26 percent inflation for groceries. Donald Trump 1.4 percent inflation , gas 1.99 per gallon national average except CA $3.64 per gallon excess taxation of $1.62 tax per gallon due to go up to $2.01 tax per gallon. Biden s terrible policies of attacking the fossil fuel industry and making us dependent on middle eastern oil has led to the inflation debacle. We were for the first time in our nations history energy independent and the number one exporter of oil!! Biden will lose this election due to his destroying the economy.

  • @elitestructures7349

    @elitestructures7349

    17 күн бұрын

    Truly amazing how you could know that

  • @hamiz98

    @hamiz98

    15 күн бұрын

    Were in brunei along with my neighbour malaysia etc also have an inflation after covid 🙏🏻.

  • @ruchpat1
    @ruchpat117 күн бұрын

    Biden Harris 2024

  • @moonlight-lr5od

    @moonlight-lr5od

    16 күн бұрын

    Nope, we cant afford anotber 4 yrs of this incompetent administration!!

  • @allenchu4326

    @allenchu4326

    16 күн бұрын

    hell no Biden

  • @AnthonyELombardi

    @AnthonyELombardi

    15 күн бұрын

    Trump 2024

  • @btcberg3615
    @btcberg361518 күн бұрын

    BITCOIN OR GO DOWN WITH THE SHIP

  • @pony0110
    @pony011018 күн бұрын

    Biden 2024 🇺🇸 🇺🇸 💵

  • @MrHand-ih4sz

    @MrHand-ih4sz

    17 күн бұрын

    😂😅😂😅😂 🤡

  • @allenchu4326

    @allenchu4326

    16 күн бұрын

    no way Biden

  • @thekaka92
    @thekaka9217 күн бұрын

    Taxing unrealized gains is a good idea. The billionaires have to pay their fair share to contribute the economy's strength. If there is no tax on unrealized gains, the rich in this country gets richer and the poor gets poorer as it has been like this.

  • @Xyz99899

    @Xyz99899

    17 күн бұрын

    Please use your head, unrealized gains will apply to everyone not just billionaires. US gov can take every single dollar from US billionaires and it won't fund the gov for a year.

  • @seanjohnbig2664
    @seanjohnbig266417 күн бұрын

    BidenHarris 2024

  • @alexadams7771
    @alexadams777117 күн бұрын

    Trump 2024

  • @tonytorres6792
    @tonytorres679217 күн бұрын

    Trump 2024

  • @jimbojimbo6873
    @jimbojimbo687318 күн бұрын

    Trump 2024

  • @doug6723

    @doug6723

    17 күн бұрын

    2024 years in prison for Trump.

  • @josevictorlindoprincipe566

    @josevictorlindoprincipe566

    17 күн бұрын

    @@doug6723your incel 🏳️‍🌈🤫

  • @jimbojimbo6873

    @jimbojimbo6873

    17 күн бұрын

    @@doug6723 vile thing to say

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