Presidents do not control the economy. Obama wished people understood that.
The economy is in covid recovery, and Biden isn’t a corrupt fascist running the government like it’s his personal toy.
I’ll give him that.
For all we know, Mr. Yale is just happy that people are paying their student loans again.
Presidents do not control the economy, Presidential Administrations do impact an economy. The only President I know that killed an economy was Trump due to allowing covid to rage out of control and denying that it was happening.
Taking covid seriously was not going to save the economy. It would’ve saved lives, but the economic impact of covid was a global one.
You forget if we had been inside for 2-4 weeks it would have been over.
Plenty of other nations were done with it well before us.
It was only a global impact because of widespread denial of the facts. Trump was at the forefront of that denial from the beginning, and many other countries seemed to follow his lead. Much of global impact could have been avpided entirely of Trump had instead decided to listen to the doctors that actually deal with epidemics and insisted people follow the basic protocols from the beginning before it expanded due to lack of action, instead of vilifying the medical community at every opportunity.
Yes but pretending like it didn’t exist and allowing it to spike harder than ever, so bad things has to be shut down, was a big negative impact
He told his followers it was bullshit and they acted accordingly, spreading it like mad
How about repealing the Glass-Steagall act under Clinton? You cant look at things in a vacuum because impact from policy is delayed. 2008 didn’t happen because Bush signed one or two documents, it was decades of policy and corruption. Saying “The only president you know” seems quite unfair. Regardless if you think Trump is a shit-bag or not.
In fairness, it was either or:
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Take COVID seriously
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Not destroy the economy
Early lockdowns probably saved a million lives. But the supply chain issues we’ve faced since are the ripple effect from those two/three months. Countries like China that took the pandemic more seriously faced worse economic fallout.
Additionally, the previous administration signed off on Congress sending each us of unemployment, PPP, and thousand dollar checks. All of that helped enormously.
I hate the previous president personally, and feel he’s the most unqualified man to ever hold the office, and feel he’s the closest we’ve ever had to a fascist coup. But that does not mean every decision of that administration was automatically wrong.
Are we already forgetting what happened 3 years ago?
STATES and the CDC called lockdowns while the president told people it would just pass, it could be cured with sunlight, to drink bleach, and take horse dewormer.
Trump did NOT take covid seriously.
How many of the million people that died were due to him playing make believe is hard to measure, but he killed people by telling them bullshit.
In fairness, it was either or:
- Take COVID seriously
- Not destroy the economy
Hornswoggle. Balderdash. Bull fucking shit. Countries that took it seriously suffered fewer economic disadvantages, spent less than we did per capita, and recovered more quickly.
The countriea that fared the best
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Had clear and unified messaging from their government, backed by science.
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Shut down quickly and completely, paying people to stay home.
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Provided universal healthcare and prioritized their frontline healthcare workers.
Destroying the economy was a result of our slow, confused response, ignoring the recommendations of experts, making the response political, and bailing out industries instead of individuals.
People are already rewriting history.
Trump was in money printing mode all the way back in early 2019, heres one of many articles from APRIL of that year https://www.cnbc.com/2019/04/30/trump-calls-on-fed-to-cut-rates-by-1percent-and-urges-more-quantitative-easing.html
I’ll remind you all that Trump is always projecting, and he’s previously accused the FED of keeping rates low to help obama . So I find his motivations clear for asking the fed to drop interest rates in 2019 before his upcoming election.
Trump and the GOP had to be dragged kicking and screaming into doing any additional COVID relief, it was nothing compared to the amount of money given in tax cuts to the rich FOREVER, and the PPP money went to the top 1/5 of households, people who were already rich
I don’t even know if you can say that Trump killed the economy. If you look only at the economy, then comparing the US to Europe, the US economy weathered the pandemic much better. Congress, under both Trump and Biden, passed very generous support packages. The Biden package was arguably too generous, and kickstarted the current inflation.
And inflation is the main reason polticially-disengaged people “feel” that the economy is no good under Biden. Last I checked, real wages for blue collar workers are still lower than when Biden took office.
Same old lie. Trump started demanding money printing in early 2019 to juice the economy for an election year, because he knows republicans are simple and don’t understand that policy decisions take time to take effect. You had inflation coming your way before COVID.
President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing.
Everyone I heard who wanted to vote for Trump was saying ‘my bank account has never looker better, screw inflation!’
Well, fucking eat it you idiots.
Rage out of control? So operation warp speed means nothing to you huh…
You were probably one of the many who screamed racist when trump banned chinese people from entering in Feb 2020. You probably also applauded when Nancy Pelosi said to visit China town in SF days before shutdown.
I mean… that is racist. China is a huge country and most Chinese people were not any more a danger than most American people because they had been nowhere near affected areas at that point. So banning every Chinese person? Racist. Sorry.
