He was handed a thriving economy!!!! The GDP was 1.3% when Trump was elected.
Now as to the deficit. Some people think that if revenue exceeds spending, the deficit will end immediately. But they don't take into account the interest on the debt. Turning around a multitrillion dollar debt can't be done in 2 years without supernatural intervention. But so far under Trump, the deficit increase is slowing. In nearly 2 years it went from $19.8 Trillion to just under $21 Trillion. During Obama's 8 years it went from just under $10 Trillion to $19.8 Trillion. That is a more than 9$ Trillion dollar increase over 8 years. So far under Trump, there has been a $1.2 Trillion increase. If the rate of increase remains the same, the deficit would reach $25.8% by the end of 8 years; or a $4.8% increase.
BUT. At the same time that the deficit has increased under Trump, the revenue has also been increasing. Since the tax cuts, deregulations, and foreign trade policies changes have no been in effect long; the revenue increases could go much higher as time goes on. This will cut into the deficit.
What trade agreements are you referring to which built our economy? NAFTA? It harmed our economy and caused many American small businesses to struggle! Trade agreements with China? They are very slanted in China's favor.
Agriculture? There has been some benefitted, some harmed, but most unaffected.
Steel and aluminum? Many steel plants are reopening, despite the misquoting and then fact checking the misquote. Trump said steel plants. The media has been saying US Steel, which is a particular steel company. No. US Steel is not reopening 7 plants. But if you go by what Trump said, and not limit it ONLY to US Steel, you will see that he did not overstate it. Steel and aluminum prices which initially rose when the tariff's were announced are now falling. AND the manufacture of that steel and aluminum is now starting to be done by Americans! Current aluminum price per pound is $1.77. Current plate steel price per pound is $0.40, sheet is $0.53, and coil is $0.45.
Some of the new, reopening, or expanding steel plants in the US include:
Nucor: opening in Florida ($240 million), Kentucky ($176 million), Ohio ($85 million), Arkansas ($230 million) and Illinois ($180 million).
Kobe Steel: Ohio ($400 million), Kentucky ($46.7 million).
Steel Dynamics: Indiana ($75 million), Virginia ($28 million), Mississippi ($100 million).
Charter Steel: Ohio ($150 million).
NLMK: Pennsylvania (?).
Steel Ventures: Kentucky ($16 million).
Skyline Steel: Mississippi ($15 million).
Steel Technologies: Tennessee ($18 million).
Nippon Steel: Tennessee (?).
Bilstein: Kentucky ($139 million).
And here is a 2018 map of steel plants.
https://www.google.com/maps/d/viewer?mid=1l83KG05Yxac2ZL9CaqwJO1oahUk&ll=43.162680926321485%2C-88.33847690243829&z=4You ask, "So are those working class people who expected the orange thing to help them happy now?"
You BETCHA!!!!
He was handed a thriving economy!!!! The GDP was 1... (