Quote:
Originally Posted by Ooloo
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And trump's spending was what, over one day? Of course these things are projected over multiple years. That still doesn't answer why some spending is better than other spending. The only short-term metrics we have to go by are things like jobs added, average salary, inflation-adjusted cost, amount of flexible money for the middle class. All of these metrics were better under trump.
And they were also worse under both obama and now biden, so the "when my guy is in office and he sucks it's only because the previous administration sucked" argument doesn't hold water.
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The February-March 2020 crash says otherwise. To the tune of Trillions of dollars. Trump like other republican presidents before him lead to a recession. At one point the DOW was actually lower then Obama left it too Trump.
And before you say it wasn't Trumps fault. It was. It was all of his fault for the terrible way he handled or lack of handling this pandemic. Oh sorry he put the VP in charge and then Jared. :roll eyes
https://www.independent.co.uk/news/w...-b1781087.html
We will have to see if Evergrande and rolling blackouts (lack of resources) lead to the next recession.