Who are the better economic stewards?

Oh, I know. I was being sarcastic about the 'luck' thing. Going back to Truman Ds have consistently had better numbers than Rs.

 

Biden doesn't get enough credit for our economic recovery coming out of the Covid pandemic.



And inflation was NOT his fault. Inflation was worldwide because, with broken supply lines, supply couldn't keep up with renewed demand. And many businesses took advantage and jacked up prices beyond their increased costs. Not his fault.

 

you lost the thread dude. mkt prices went up. took advantage?!!? Have you ever asked for a lower wage?

 

Biden takes some responsibility for the inflation due to the very large amount of fiscal stimulus, some of which was arguably not needed near the end. That may have been 2% extra at its peak. By the same token, that massive stimulus did launch the economy into a much stronger recovery than the rest of the world experienced.

 

I agree that Biden takes some responsibility, but inflation dropped faster in the U.S. than in the other G-7 countries. And, his low approval rating is mostly due to worldwide inflation, while he's gotten little credit for the strong economy and low unemployment.

 

True. It’s been a long time since we had inflation and neo Keynesian leaning Democrats have forgotten about the political unpopularity of inflation. People hold you accountable for price gains, but think they earned the higher wage gains. I recently read that on average real wages are up something like 5% since 2019.

Also the notion that inflation would have been lower under Trump post 2020 is silly. There was a lot of stimulus in 2020, and Trump has repeatedly beat on the fed for low rates.

I agree with Doc spor your corporate greed reference (in substance if not in name) degrades your credibility.

 

Just sharing information. Never claimed to be an economist. Disagreement noted regarding greed.

 

Republicans cut taxes and raise spending, which juices the economy and inevitably leads to a recession, which then Democrats get voted in to fix.

Slow and steady growth wins the race.

 

If Trump wins, gets ready for economic pain.
Elon Musk, Trump allies say his tariff plans could cause short-term pain for consumers