Wednesday, July 05, 2023

 Schuchhardtnomics not fancy, merely fanciful

My fellow Glen Ellynite Dan Schuchardt surely got the memo from the RNC to trivialize Bident’s economic record in 4 words: “Gas and inflation high,” (Trib letters July 4). Schuchardt, apparently, longs for a return to Trumponomics.
He missed that job creation under Biden averages over 400,000 jobs per month; below a 100,000 under Trump.
Unemployment? Under Biden it’s lower that Trump could have fantasized about.
How did Mr. Schuchardt miss Trump’s debt debacle? Trump promised to wipe out our $19 trillion debt with tax cuts for the wealthy and corporations, and increased tariffs. That simply goosed it by $7.8 trillion in 4 years. Was Schuchardt disappointed Trump was denied a second term, attempted coup notwithstanding, to add another $7.8 trillion?
Mr. Schuchardt on Biden’s economy is not alone. Every one of my Republican friends and colleagues repeats the same valueless soundbite: “Gas and inflation high.”
If they were truly honest, the four words would be: “Time for another taxcut.”

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