The Last Time America Had A Republican President Not Named Donald Trump The Economy Crashed
I'm not sure what the argument is that the Democrats have to be dumped and the Republicans need to be put in power on the economy. For one thing, unless the GOP retakes the senate majority, they will have a very limited ability to negotiate with the Biden administration to advance Republican ideas on the economy. But the better argument for keeping the Democrats in charge is that the Republicans dont do any better on the economy, and sometimes do worse. The last GOP president not named Trump presided over the biggest calamity for the US economy since the great depression, the crash of 2008.
Republicans are perhaps best known, in terms of economics, for two things, lowering taxes on the wealthy and promoting the discredited "trickle down theory" of the economy which argues that letting the rich get richer is a good thing because then they will create more opportunities for the peons beneath them.
One of the best economies in recent memory came when Bill Clinton was president, and President Obama gradually led the economy to good improvement even though he was left with the wreckage that befell the country the last year or two of the Bush II administration.
I honestly dont know what an objective rationale would be for insisting that the Republicans be given control now. Trump had a successful economy prior to the pandemic wiping him out on that front, but according to many on the right, Trump is out of the picture these days. Frankly, putting Trump back in power for ANY reason would destroy our society, which would make economic questions moot.
So let's be patriotic pro-Americans and assume Trump is in the garbage heap of politics for all time. Just what is it about the other Republicans that gives them some mojo to fix the economy? They all claim that the good Trump economy was all his doing, he was a god in that realm based on his personal know how, which cannot be imparted to, say Ron De Santis. For all we know DeSantis could drive the economy into the ditch the same way George Bush Jr. did.
In these times, with the future of democracy, and national sanity, on the ballot, just blindly saying elect election denying Republicans because "economy" makes very little sense to objective people.
The economy is staggering under this democratic president and this democratic controlled congress. Arguing for Giving this failure of a president and congress greater opportunity to fail because the economy performed well generations ago under people who are now dead is desperate indeed.
Arguing to put the Republicans in charge makes no objective sense.
The tie breaker in this election should be the profound damage anti-democracy right wing extremists is doing to the fabric of our society.
What's the matter--don't you like a tanking stock market and high inflation?
I wonder if unemployment is still so low because so many people are working two jobs? (/s)
I have zero confidence in either Kevin McCarthy or Mitch McConnell to improve the economy based on their own ideas. Their is no factual basis to put faith in them.
Simply stopping Joe Biden's handlers from doing more damage is all the "idea" anyone needs to be an improvement.
I have little confidence in either Party or the short-term impact that Congress has on the $25 trillion US economy. These kind of articles are very simplistic and try to show a cause and effect instead of putting forth a economic model with a high R factor when viewing government induced variables.
The article, and I should know because I wrote it, concerns the rationale for electing extremist Republicans to office based on "the economy". In my opinion there isnt any. Were there a guarantee that putting Kevin McCarthy in charge of Americas economic decisions would be a cure all , maybe there would be something of a case to be made. But I dont believe that is the case.
You can't even define what that "profound" damage is or who those extremists are.
WTF we are in a recession now with high gas prices, inflation, crime, and a wide open southern border! This is with Democrats controlling the White House and Congress!
Why the fuck would anyone vote for a damn Democrat now!
Why would anyone vote for a Republican when 40% of their candidates across the country deny who won the last presidential election?
I suppose some can ignore the reality and keep voting for the party in charge.
Remember, we can now just redefine words to suit political parties.
Because Democrats are promising to fuck this country up even more than they already have!
In case you missed it still on the Democrat agenda after they have already weaponized the IRS, FBI, and DOJ against their political opponents:
We only have a two party system. Right now the Democrats are the ones destroying this country. Time to remove them from power. Don't worry the Republicans will fuck things up soon enough because they are the other side of the same coin; and then Democrats will be back in control.
I find any claim that Biden and his handlers are doing the economy any good to be highly suspect at best.
You spelled bullshit wrong
It is pretty hard to make a case for Biden to get reelected based on the economy. We have inflation not seen for 40 years despite a robust jobs market.
What policies of the Biden Administration have led anyone to think he is doing a good job on the economy?
Hmm ... I seem to recall that same Republican President was handed a recession by his Democrat predecessor, too. But few seem to remember that; maybe because the recovery was fairly quick.
Recessions, economic downturns, and even economic crashes seem to repeat themselves under both Republican and Democrat Presidents. The real distinction between the two is how the economy recovers. And history does show that Democrats don't handle an economic recovery nearly as well as do Republicans. Democrats seem to focus their attention on throwing money around in a populist manner. Republicans seem to focus attention on getting the economy running again which naturally involves business and commerce.
It seems the problem of self-medication by Democrats is the side effect of memory loss. Maybe that's why Democrats don't know where they've been or where they're going. Democrats seem to just wander around the political stage until they have to be led off to get them out of the way.
A lot of words just to say nothing.
Democrats over reliance on myopia is all too evident in their telling of history, such as with this article. Democrats focus their attention on economic downturns, recessions, and economic crashes. But Democrats completely ignore the economic recovery in their partisan mythology.
Recessions of varying magnitude happen often enough that Democrats, by now, should have figured out how to manage a recovery. But it seems economic recovery under Democrats always seems to favor the rich while the rest of the country struggles.
Hahaha
Democrats this, Democrats that...only one party ever to blame for anything...
The fact that Bush left us in a disaster seems to escape all of you.
It wasn't Bush' fault
So basically you all are going to claim Biden is at fault for every perceived slight yet a republican president isn't at fault. It was all others....
There is a word for that...
That's always the case with Nerm.