Did Trump Strengthen the American Economy? Trump's First Term Analysed - TLDR News

The video examines President Trump's economic promises from his first term, focusing on tax reforms, job creation, and manufacturing revitalization. It evaluates the impact of the 2017 Tax Cuts and Jobs Act, noting successes and criticisms, such as benefits favoring the wealthy and a growing budget deficit. The video also discusses the mixed results in manufacturing and the challenges posed by COVID-19. Finally, it outlines future economic plans for Trump and Biden, highlighting their focus on job creation and economic recovery.

What was one of Trump's major economic promises during his first term?

• Decrease manufacturing jobs

• Raise the top rate of income tax

• Reduce corporate tax to 15%

• Increase the number of tax bands

Which act was introduced to implement Trump's tax promises?

• American Recovery and Reinvestment Act

• Economic Growth and Tax Relief Act

• Affordable Care Act

• 2017 Tax Cuts and Jobs Act

What percentage of the benefits from Trump's tax cuts went to the top 1% of society?

• 60%

• 50%

• 83%

• 90%

What was a significant challenge faced by Trump's economic policies?

• Increased budget deficit

• Reduced national debt

• Increased manufacturing jobs

• Decreased corporate tax rates

How did the manufacturing sector perform during Trump's presidency?

• Consistently grew

• Surpassed expectations

• Declined as a share of the economy

• Remained stable

What is a key focus of Biden's economic plan during the 2020 campaign?

• Promoting racial equality

• Increasing corporate tax rates

• Reducing green energy investments

• Decreasing social security benefits

What did Trump promise regarding job creation in his 2020 campaign?

• 15 million jobs in 15 months

• 20 million jobs in 20 months

• 10 million jobs in 10 months

• 5 million jobs in 5 months