People shared their thoughts on what happened during Trump’s administration
Donald John Trump is an American politician, media personality, and businessman who served as the 45th president of the United States from 2017 to 2021. Trump graduated from the Wharton School of the University of Pennsylvania with a bachelor’s degree in 1968.
Trump was inaugurated as the 45th president of the United States on January 20, 2017. During his first week in office, he signed six executive orders: interim procedures in anticipation of repealing the Affordable Care Act (“Obamacare”), withdrawal from the Trans-Pacific Partnership negotiations, reinstatement of the Mexico City policy, authorizing the Keystone XL and Dakota Access Pipeline construction projects, reinforcing border security, and beginning the planning and design process to construct a wall along the U.S. border with Mexico. Trump’s daughter Ivanka and son-in-law Jared Kushner became his assistant and senior advisor, respectively.
The United States is on the cusp of becoming a net oil exporter a stunning turnaround from the country’s obsession with foreign-oil dependence, dating back to the Arab oil embargo of 1973. In response to the massive attack on Saudi Arabia’s oil infrastructure this weekend, U.S. President Donald Trump has trumpeted that America’s new oil abundance cushions the disruption and boosts strategic stocks, arguing that building more oil pipelines will help protect Americans from oil price shocks.
In reality, the attack on Abqaiq, the world’s most critical oil facility, is a stark reminder that the United States is not energy independent, nor can it go it alone when it comes to diplomacy in the world’s most critical oil-producing region. Energy security comes from being more, not less, connected with the rest of the world.
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He mortgaged our future and still had the worst jobs record since the Great Depression. pic.twitter.com/pPeBsyfKS7
— Richard Hine (@richardhine) June 4, 2022
Despite a campaign promise to eliminate the national debt in eight years, Trump approved large increases in government spending and the 2017 tax cut. As a result, the federal budget deficit increased by almost 50%, to nearly $1 trillion in 2019. Under Trump, the U.S. national debt increased by 39 percent, reaching $27.75 trillion by the end of his term; the U.S. debt-to-GDP ratio also hit a post-World War II high. Trump also failed to deliver the $1 trillion infrastructure spending plan he had campaigned on.
Trump is the only modern U.S. president to leave office with a smaller workforce, by 3 million, than when he took office.
The president has proven sensitive to oil prices and their domestic effects. Setting in motion a price increase may therefore be seen by Iranian leaders as the best way of matching the U.S. pressure campaign.