Quote:
Originally Posted by ThePrince
People can't keep moving goal posts though. In this thread, the consistent messages have said Trump is terrible for the economy, but then when actual data is presented, it gets sidestepped as it was either Obama's policies that led to it, or that he actually didn't have much to do with the economic performance. At the same time, there are plenty of posters saying that Biden/Harris has been great for the economy and the US has had record growth, but that is directly attributable to Biden/Harris policies and Trump had nothing to do with it. You can't have it both ways.
Everything is just spun to fit the narrative, which is incredibly disingenuous.
Personally, I do think the economy did well under Trump. I also think the economy has done well under Biden/Harris. As you rightfully point out, there's a lot of factors for all of this. I don't feel the need to say everything Trump did is terrible and everything Biden is doing is wonderful.
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i have stated on more than one occasion that Biden's spending bills, can be argued, to be a huge boom to the US economy. Interestingly, spending money increases economic output...
There is also an issue with the correlation vs causation of real wages and Trumps own economic policies from 2016-2020.
But more importantly, trump's current economic policies are quite different than what he did in his first term. A full 20% increase in tariffs is largely believed to be an insane measure.
So yes, in the context of my post, if we ignore the economy over the past 4-8-16 years, then we are focusing on current policy proposals. The economy has largely been the same since Obama, outside of COVID and corresponding inflation (global events that affected all nations).
So why is it rational for Bob to make a decision on the past economy under Trump / Biden? arguably they are the same (although, im sure Bob was irrationally favoured the Trump tax cuts on the rich)
So lets look forward at what both candidates are proposing: there is no comparison over which is superior.