Biden implemented PPP loan forgiveness and continued to inflate when there was an opportunity to bring it down. Trump acted to save the market and also caved to Democrat demand that he implement more stimulus than he actually wanted to at the time if you recall. I think placing blame on the emergency response is unfair. Biden was neglectful after the emergency response and prolonged a situation that could have been ended sooner by caving to special interests who were in panic rather than calming the situation. Furthermore he continues to implement policies which increase economic instability and promises to continue to do that... One thing would be student loan forgiveness. That's not good for an inflation strapped economy. While it's easy to compare numbers it's more important to compare context and I think that Biden loses on context. I don't think you are being honest in your assessment... Even though you said that we were being dishonest in ours. It needs a more holistic point of view.
The things you point to are debatable (at least to some degree). The first step is to acknowledge the facts which I presented above. I have no doubt that 4 more years of Biden would have been bad for the country but I also have no doubt that Trump was not good enough in his first four years.
What I encourage (both sides) to do is to make your politicians earn your vote. A good example (at least reportedly) is the recent exchange between Kyle Rittenhouse & the Trump team. Rittenhouse rightfully called out the many things Trump was bad on regarding the 2nd Amendment and said he would write in The Great Ron Paul. Trumps team then called him and reportedly made assurances that things would be different/better. Rittenhouse then stated he would vote for Trump based on those assurances. We should ALL behave in this manner to make sure that our politicians best align to our principles.
We can debate on some of the things you mention, but we can't just pretend he did everything perfect. We should at the very least demand he say he will 'do better'. Preferably I'd like him to pick up some of Vivek's anti Fed language.
You're assuming I haven't. I actually voted for Biden.
This is what happened during his administration...
US economy already has had:
1) 38 MONTHS OF CPI INFLATION ABOVE 3%
2) SLOWING GDP GROWTH AT 1.4% IN Q1
3) Jobs OVERSTATED in 2023 by 730,000
4) $2 trillion deficits
5) $34.8 tn NATIONAL DEBT - record
6) 1.5 MILLION Americans lost a job in 6 months👇
He has the benefit of numbers after COVID. Trump has the downside of ending his presidency during COVID. Even at the time of these decisions that Biden was making I was like what is he doing, this is wrong. So I will be frank with you, I don't appreciate you telling me that I haven't looked at this.
You must judge history in context. This is why numbers are so misleading. You have to understand a little bit more about why things are the way they are and why things were the way they were. This is something we are missing with your data.
It doesn't matter what party we pick right now we're at an inflection point where both candidates will see an upshot in the economy. How much and how is just a matter of time really... Trump wants to deflate which I actually want. I know that a lot of people don't but I think it's actually good for the economy to take a small deflation hit like we did in the 2008 crisis.
Biden wants to keep the ball underwater as long as it can before it reaches the surface and let it slowly reach the surface. This has had the effect of protracting inflation without raising wages. Considering that inflation is a rate... This is a problem. The market should have been allowed to break. Because he didn't do that, we have a major debt crisis because people have just been trying to keep their head above water and banks have been (criminally) happy to let them do that.
Something's going to break eventually. When that happens... No matter who it happens to... There's going to be an upshot.
I think you need to hold your current president to a higher standard. And that's just on the economic side. We're not even getting into the international politics or the internal politics or the immigration politics... All things which I vehemently disagree with this administration for but is irrelevant to this article.
Again I think there's more to the analysis that you're leaving out. Just saying, "You acknowledge the numbers are correct," is a rhetoric tactic I just find very disingenuous.
Trump should have let the market break too, he instead printed money to reverse the COVID meltdown. 2016 Trump called the bubble for what it was but then touted it in office. I'll refer you back to the closing sentence.
"If a candidate isn’t coming in and cutting HUGE swaths of government and planning to dismantle the federal reserve than they are NOT GOOD ON INFLATION and they are NOT GOOD on debt."
No disagreement from me that we should have let the economy stay open. You remember that he wanted to reopen but the Democrats started calling him a mass murderer for even suggesting it? He caved.
Biden implemented PPP loan forgiveness and continued to inflate when there was an opportunity to bring it down. Trump acted to save the market and also caved to Democrat demand that he implement more stimulus than he actually wanted to at the time if you recall. I think placing blame on the emergency response is unfair. Biden was neglectful after the emergency response and prolonged a situation that could have been ended sooner by caving to special interests who were in panic rather than calming the situation. Furthermore he continues to implement policies which increase economic instability and promises to continue to do that... One thing would be student loan forgiveness. That's not good for an inflation strapped economy. While it's easy to compare numbers it's more important to compare context and I think that Biden loses on context. I don't think you are being honest in your assessment... Even though you said that we were being dishonest in ours. It needs a more holistic point of view.
The things you point to are debatable (at least to some degree). The first step is to acknowledge the facts which I presented above. I have no doubt that 4 more years of Biden would have been bad for the country but I also have no doubt that Trump was not good enough in his first four years.
What I encourage (both sides) to do is to make your politicians earn your vote. A good example (at least reportedly) is the recent exchange between Kyle Rittenhouse & the Trump team. Rittenhouse rightfully called out the many things Trump was bad on regarding the 2nd Amendment and said he would write in The Great Ron Paul. Trumps team then called him and reportedly made assurances that things would be different/better. Rittenhouse then stated he would vote for Trump based on those assurances. We should ALL behave in this manner to make sure that our politicians best align to our principles.
We can debate on some of the things you mention, but we can't just pretend he did everything perfect. We should at the very least demand he say he will 'do better'. Preferably I'd like him to pick up some of Vivek's anti Fed language.
You're assuming I haven't. I actually voted for Biden.
This is what happened during his administration...
US economy already has had:
1) 38 MONTHS OF CPI INFLATION ABOVE 3%
2) SLOWING GDP GROWTH AT 1.4% IN Q1
3) Jobs OVERSTATED in 2023 by 730,000
4) $2 trillion deficits
5) $34.8 tn NATIONAL DEBT - record
6) 1.5 MILLION Americans lost a job in 6 months👇
He has the benefit of numbers after COVID. Trump has the downside of ending his presidency during COVID. Even at the time of these decisions that Biden was making I was like what is he doing, this is wrong. So I will be frank with you, I don't appreciate you telling me that I haven't looked at this.
You must judge history in context. This is why numbers are so misleading. You have to understand a little bit more about why things are the way they are and why things were the way they were. This is something we are missing with your data.
It doesn't matter what party we pick right now we're at an inflection point where both candidates will see an upshot in the economy. How much and how is just a matter of time really... Trump wants to deflate which I actually want. I know that a lot of people don't but I think it's actually good for the economy to take a small deflation hit like we did in the 2008 crisis.
Biden wants to keep the ball underwater as long as it can before it reaches the surface and let it slowly reach the surface. This has had the effect of protracting inflation without raising wages. Considering that inflation is a rate... This is a problem. The market should have been allowed to break. Because he didn't do that, we have a major debt crisis because people have just been trying to keep their head above water and banks have been (criminally) happy to let them do that.
Something's going to break eventually. When that happens... No matter who it happens to... There's going to be an upshot.
I think you need to hold your current president to a higher standard. And that's just on the economic side. We're not even getting into the international politics or the internal politics or the immigration politics... All things which I vehemently disagree with this administration for but is irrelevant to this article.
Again I think there's more to the analysis that you're leaving out. Just saying, "You acknowledge the numbers are correct," is a rhetoric tactic I just find very disingenuous.
Trump should have let the market break too, he instead printed money to reverse the COVID meltdown. 2016 Trump called the bubble for what it was but then touted it in office. I'll refer you back to the closing sentence.
"If a candidate isn’t coming in and cutting HUGE swaths of government and planning to dismantle the federal reserve than they are NOT GOOD ON INFLATION and they are NOT GOOD on debt."
No disagreement from me that we should have let the economy stay open. You remember that he wanted to reopen but the Democrats started calling him a mass murderer for even suggesting it? He caved.
All the COVID shit reeks of planned attack.