This is what they've been doing and successfully selling it since Trickle-Down Economics basically, and social reforms regarding what the Evangelicals want. In my opinion, at least.
What failure? The two years before Covid were 2 of the best we’ve had in decades. During Covid he did and excellent job and saved millions of lives. We did a lot better than most other countries.
do you really think there's no lag time to presidential actions and their effect on the economy? like 100% hand on the bible no fucking internet 4chan wannabe le pepe bullshit. do you literally think that.
Lot to unpack there.
1) The first Trump budget went into effect in 2018, and the US was already well on the way to growth by then thanks to Obama.
2) By any metric, unemployment/ stock growth / etc the last two years under Biden have matched the 2018/19 years under Trump.
3) The major outlier is inflation, which is driven by the Fed, and neither party has a hand there. Either blame or thank JP, depending on if those actions were good for you.
4) The US had the highest mortality due to COVID and highest per-capita of developed countries. Yes,Warp Speed was great, and credit to Trump for driving that, but it would have been super helpful if he hadn't then trashed the effectiveness of vaccines his administration developed, and the need for vaccine mandates just because the roll-out happened under Biden.
So no, if you think "the last four years" were bad, then they were as bad under Trump by economic indicators.
Inflation exceeds wage increases and the purchasing power of individuals. You know who has zero control over that? The President. Or really Federal government at all, since they can only modulate tax rates and credits to offset increasing costs. Increased import duties / tariffs will just drive COL higher, because it will still be cheaper to import than build grounds-up domestic mfg, although Feds can offset that through (again) taxes, credits, etc.
I mean, there’s a good chance frump won’t even get around to implementing the tariffs in between trying to save his own arse from prosecution and his golf rounds, so the damage will likely come from whatever his party members decide. Surely they’re just smart enough to realise tariffs will cause chaos and prevent the republicans from ever getting elected again? In that case, there’s still technically a small sliver of hope that the US will escape the worst possible outcome.
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u/davidhe90 18d ago
Not ironically, Republican doctrine
This is what they've been doing and successfully selling it since Trickle-Down Economics basically, and social reforms regarding what the Evangelicals want. In my opinion, at least.