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2020's recession was due to COVID. Trump did not start the pandemic. Trump did not shut down cities either, which obviously caused the GDP to temporarily plummet. It was democrats who promoted hard lock downs, shutting schools down in favor of remote learning, etc. The GOP perhaps deserves some blame for not doing more to stand in their way.
2008's financial meltdown didn't have anything to do with republicans. It was largely the result of people being given mortgages who in no way qualified for mortgages. The house of cards had to fall eventually, and it happened to fall on GWB's watch.
Trump’s demented leadership during Covid directly caused it to be much worse than it should have been. Up until Covid Trump was winning in 2020 in a cakewalk.
The 2008 financial meltdown was years in the making, true, but what Republicans (and Democrats) need to understand is that non-partisan folks (I’m an anarchist so as non-partisan as it gets) keep the receipts.
Since the GOP so rarely has the Trifecta (twice since Eisenhower as noted) it’s incumbent upon them to push their agenda through if they are truly serious about it.
But both times came and went with the Dept of Ed still standing, The Dept of Energy still standing, the Fed still standing, the wall not being built, Obamacare not repealed, etc.
They’re only financially conservative when they’re out of power. When in power, the spending continues and their goals somehow don’t see the light of day.
You had one guy in Ron Paul who actually understood these concepts in practical terms even if they were through the prism of statism (obviously). And what did ya’ll do? You rigged the primaries against him. No wonder you guys easily pointed out the Dems stealing 2020 as well as rigging their primaries against Bernie.
Leo, talk to people in the supermarkets where you live and see what they have to say. Every time I go food shopping I get into conversations with others and all they do is complain about the high prices of not only food, but heating costs, the price of gas, the cost of living in general.
I live in a very liberal state and 90% of the people I have talked to said everything was better when Trump was president.
I for one, do not trust the majority news sites (especially cnn, msnbc, abc). I know what I see in "real life" and it's not good compared to the way it was before.
Trump’s demented leadership during Covid directly caused it to be much worse than it should have been. Up until Covid Trump was winning in 2020 in a cakewalk.
The 2008 financial meltdown was years in the making, true, but what Republicans (and Democrats) need to understand is that non-partisan folks (I’m an anarchist so as non-partisan as it gets) keep the receipts.
Since the GOP so rarely has the Trifecta (twice since Eisenhower as noted) it’s incumbent upon them to push their agenda through if they are truly serious about it.
But both times came and went with the Dept of Ed still standing, The Dept of Energy still standing, the Fed still standing, the wall not being built, Obamacare not repealed, etc.
They’re only financially conservative when they’re out of power. When in power, the spending continues and their goals somehow don’t see the light of day.
You had one guy in Ron Paul who actually understood these concepts in practical terms even if they were through the prism of statism (obviously). And what did ya’ll do? You rigged the primaries against him. No wonder you guys easily pointed out the Dems stealing 2020 as well as rigging their primaries against Bernie.
The GOP sucks for it's own reasons as well, and yes I would have preferred a Ron Paul presidency. But I was happy enough to settle for Trump over Hitlery. America got that one right at least. How we ended up with Biden though, I don't even want to know. There's no way you can convince me what we have now is better than what we had pre COVID era with Trump.
Let me guess: this article counts Obama and Biden as being good for the economy as jobs that were lost due to (1) the Great Recession and (2) Covid shutdowns came back as expected Biden is a disaster for the economy which is why his numbers are in the toilet.
Yes, I just said this.
And I noted that while the hellish years of 2008 and 2020 saw both parties to blame the fact is when the shtf the Republicans are in power and resort to the same “ultra” socialist schemes that the Dems would have done anyway and they accomplish none of their own so-called goals.
The GOP sucks for it's own reasons as well, and yes I would have preferred a Ron Paul presidency. But I was happy enough to settle for Trump over Hitlery. America got that one right at least. How we ended up with Biden though, I don't even want to know.
Biden’s election was the same as Obama: The shtf with the GOP having the trifecta in 08 and 20 and people went the other way by default. Republicans can’t govern during a crisis…especially on the federal level…because they never manage to get anything done prior to the event (see my list) and then you’re in unchartered waters where the solution always is let’s just throw money at it. Reason there is government, by default, isn’t the answer. Republicans know this but when they get in power they’re just like their Blue counterparts and are more interested in keeping said power instead of implementing what they claim to believe in.
My UBS money minder told me in 1991 the market is always better under democrats. He is now ready to retire and has not changed his mind.
AFAIAC he knows what he he's talking about.
Up until Covid the economy was a bona fide juggernaut and the Orange Man, while not an omnipotent being, definitely deserved credit for creating the atmosphere which oiled its gears (deregulation alone was enough).
Unfortunately for him and the GOP in general governing is more than the economy and they’re foiled by other things which ultimately bring the economy down.
Up until Covid the economy was a bona fide juggernaut and the Orange Man, while not an omnipotent being, definitely deserved credit for creating the atmosphere which oiled its gears (deregulation alone was enough).
Unfortunately for him and the GOP in general governing is more than the economy and they’re foiled by other things which ultimately bring the economy down.
The biggest de regulating POTUS in my lifetime was Jimmie Carter. He was universally hated and is considered the worst POTUS.
Although not particularly his fault Truman left Ike a brutal economy.
Carter left Reagan with a brutal economy.
Clinton left Bush with a recession that began literally a few weeks after Clinton left office.
Does anyone here actually believe that dem. polices of higher taxes, higher fess, more regulation, more spending are better per se for the markets and the economy?
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Biden is a disaster for the economy which is why his numbers are in the toilet.
