economy

WASHINGTON, DC. Pre-Coronavirus, the U.S. economy was experiencing a major economic boom with record low unemployment, higher wages and higher incomes. For the first time in decades, this economic growth benefited minorities, the poor, and the middle-class (Report).

Much of the U.S. growth was due to the Trump consumer and business tax cuts; and massive cuts in government regulations that was built up during the Obama-Biden Admin.

The costs to those Obama-Biden regulations broke down to $784 Million every day or $848 per voter, every year.

Democratic candidate Joe Biden promises to reinstate these costly regulations, repeal the Trump tax cuts “on day one”, and get rid all of the work that led to the economic boom. This is a recipe for a major recession or economic suicide. READ MORE…