Americans have been trained like Pavlovian dogs to believe that Republicans “are good on the economy,” despite the fact that it is simply not true. Just factually, empirically, not true. At all.
So that's 4 in a row real easy hypocracies that, turns out, are pretty damn important. And that Democrats are better on. Add the one below and we've got a five- fecta
The last admin that was a democrat that oversaw the start of a recession was LBJ, seriously. Clinton avoided dotcom, Biden avoided Covid, Obama avoided GFC, Carter was after the recession caused by Nixon, and then in 68 you have a small recession.
Oh don't worry they spin this always as "HURRR THE DEM PRESIDENT GOT HANDED A GREAT ECONOMY BUY THE REPUBLICAN BEFORE HIM THEN THE NEXT REPUBLICAN WAS A VICTIM OF DELAYED EFFECTS OF THE DEM POLICIES FROM BEFORE HIM BRO"
Any economic gain is because of Republicans. Any downturn is because of Democrats. This is the cult. They actually think you can deficit spend AND cut taxes at the same time forever and it will just magically keep working. They try to juice the economy when they have power every single time doing this.
Right. Democrats are objectively better for the economy than Republicans. I forget the exact number but I believe 11 of the last 12 recessions happened under a Republican president.
No, they weren't. They were saying that Trump was riding on all the progress Obama's policies already did. There wasn't a delay in Obama's policies, they were put into place and caused a significant growth and it just kept growing during Trump first few years until he shit the bed with covid.
I wish I existed in the timeline where the Clinton 90's Booming Economy led into the Gore 2000's with manageable boom and bust cycles...and no Sub Prime garbage and no 9/11, as competent people would be in charge.
Also, Trump got COVID, which sucked but was also the biggest private profitability booster in this century. Bush had the war on terror and the patriot act, which boosted defense spending to ridiculous levels.
Like you can't just say "oh the dot com boom and crash was just Clinton's lucky lady" and act like it covered years of policy decisions
I wouldn't say that it "craters" because usually republican presidents get to coast off the economic momentum made by the previous democratic president, while slowing doing that hurt the economy. Then when a new democratic president is voted in, they have to repair the damage done to get the economy growing again. I would say that the economy is cratering right now because it turns out that doing crazy shit that makes people nervous is enough to make a growing economy start shrinking.
It’s the same in Australia. Each year the Conservative Party campaigns as being the better economic managers, and these claims are repeated by supporters. Yet it’s so plainly clear in the data that this isn’t true.
Classic example of Goebbel’s “Repeat a lie often enough and it becomes the truth”
Republicans(largely, obviously we're in uncertain times) fall into the neoclassical school of economic thought. Economically their main goal is to physically grow the economy through "natural" means like lower taxes and red tape on business. Their school of thought can do well if there is a democratic counterbalance from the previous term, and the nation isn't in a recession.
Democrats lean into the Keynesian perspective which focuses specifically on putting out fires, the thing Democrats are most tooled to do is fix recessions through government spending.
Tldr both are good for the economy at different times.
Disclaimer: none of what I've said takes into consideration that Republicans don't give a shit about climate change or pretty much any issue that isn't cultural, so it's possible for Republicans to implement what could be considered good policy from a strictly econ pov but end up with a ton of negative externalities.
Literally every economic issue in America can be tied directly back to him. Put it on a graph and the line changes very suddenly when he’s President. Dude wasn’t “good on the economy.” He was just a grifter stealing money from the public coffers and giving it to rich assholes same as every Republican President that came after him.
It was right around the time of Nixon/Ford that wages stopped keeping pace with productivity. Pretty much every economic problem we have today can be traced to that.
I agree with you. An argument could be made for bush 1 being the only competent president in my 43 years on earth and he couldn’t get past no new taxes.
No he wasn't, he just lucked out at being president when the PC became a thing. If he hadn't destroyed the tax base and left things as they were we would be in a massively different country now. He started the decline.
asked a guy I knew who was a hardcore “libertarian republican” why they were so good for the economy. Looked like he had bluescreened and just kinda muttered “well bc their republicans”
Has it? Because I cannot find any indication of that. Do you have a source I could read? Would be crazy to find out that people and animals cannot be conditioned to react to certain stimuli in a certain way.
You have to cite something with a statement like that.
Also how is Pavlov not a proper scientist? He’s a graduated doctorate with a dissertation on the topic of the circulatory system. His shit is physiology. His entire process in his work on the Pavlovian process followed the scientific method too.
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u/rube_X_cube 8d ago
Americans have been trained like Pavlovian dogs to believe that Republicans “are good on the economy,” despite the fact that it is simply not true. Just factually, empirically, not true. At all.