It’s ridiculous how effective “Republicans = economy” propaganda has been.
Yep. They have literally never been good for the economy in my life time.
at the risk of sounding like a one-upper… I’m pretty sure theyv’e never been good for the economy in my parent’s lifetime, either. And probably never have been, if we’re being honest.
fun fact here is that while Walz is “anti-business” his policies across his 6 years as governor here has grown the MN economy, and business here are doing better than ever.
I think Eisenhower did petty good for the economy. That was nearly 100 years ago though.
They probably mean his policies are bad for billionaires, like musk would never ever set up shop there
The Republicans haven’t been good for the economy since Teddy Roosevelt held office.
Conservative = Economy propaganda is prevelent all over the place, and just as effective, and just as false.
Don’t forget the “Biden = inflation” propaganda
As is tradition, the Republican fucked everything up, and then successfully blamed his successor for things being fucked during the successor’s term of office. You would think that people would remember 15% unemployment and having to wash your groceries and hide in your house and a multi-trillion-dollar emergency bailout program so half the country didn’t go out of business and starve, but apparently not.
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pouring money into the economy/printing like we have undoubtedly had some impact on inflation.
See this is the kind of stuff I’m talking about
It’s easy to hear it and just nod your head like yeah, printing money, pouring money into the economy, makes sense, Biden bad
Except it’s just a bunch of nonsense. Trump printed a bunch of money and then poured it into the economy (including, quite literally, around a trillion dollars of just out-and-out “I lied on the form and got away with it” Covid aid fraud). That’s part of why we had the huge post-Covid inflation. Biden, in contrast, raised corporate taxes by trillions of dollars, and then spent it on (poured it into) the economy. That’s why the US economy is doing better than most first world countries inflation-wise, either at this point, or in total aggregate, and why we saw wage growth that for the most part kept pace with the huge bump of inflation which we certainly did get in 2022.
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How much money did Biden print? Why didn’t it have any impact on inflation before or after 2022? Why did he do it, and what was the alternative?
(There actually is a sense in which what you’re saying has some validity, but I think most of what you’re saying is inaccurate and I am curious if you know the sense in which it is true, or are just saying that Biden printed money because that’s a fun thing to say. And I wasn’t saying Trump doing it meant Biden didn’t; that was just by way of contrast with Biden’s actions which in no way were printing money to solve problems, to any degree that I’m aware of.)
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We must have done something right to have less inflation compared to most countries, likely the feds interest rate (which ironically are also criticized). I’m personally benefiting as I’m visiting Japan to see in-laws and the yen is weaker than ever, giving me crazy good spending power.
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But: pouring money into the economy/printing like we have undoubtedly had some impact on inflation. But corporations also got greedy and the aforementioned Covid ripple effects crippled the world economy. And hell we did better than most.
That is almost entirely on the FED. J Powell served as chairman under both presidents; and they were certainly printing money during Trump’s term as well. Also, trump was signing stimulus over hand and fist. Especially for “small” (but not really small at all) businesses.
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the real question about trump and bullshit is… what has he done that wasn’t complete bullshit?
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wait until people find out republicans are the people who let the most criminals into the country
For real, lately ‘conservatives’ are all about deficit spending on the dumbest shit possible, such as giving more money to people who can never conceivably spend half of the money they already have
Headlines like that are just so surreal. What person in their right mind could think Trump had any kind of economic competence?
funny how they had to abandon the demonstrably bullshit “trickle-down” narrative and just switched to “only commie libruls want to tax billionaires!!!”
they want everyone to forget about kansas
It’s wild that people still try to pull that shit. We’ve known high tax rates and prosperity go hand in hand since, basically, the start of advanced economics.
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