Comment by JumpCrisscross
18 days ago
> Surely some of that is lag time in economic policy
Why? What if constantly launching foreign wars, leveraging up the financial system and running up deficits isn’t sound economic policy?
18 days ago
> Surely some of that is lag time in economic policy
Why? What if constantly launching foreign wars, leveraging up the financial system and running up deficits isn’t sound economic policy?
Wasn't trying to be political, just making an observation that 4 years is probably too short of a time to credit policy changes within a single administration.
Threatening all of our allies with war and tarrifs is a great way to tank confidence in the US and its businesses. Ask me how I know.
Oh, so every Republican administration dating back to FDR did the same?
Did you look at the graph?
Eisenhower had two terms = 8 years - did poorly.
Kennedy + Johnson two Democratic terms in a row = 8 years, did well.
Nixon + Ford, two Republican in row = 8 years, did poorly.
Carter 1 term, did well.
Reagan Bush - 3 terms Republicans 12 years, did poorly.
Clinton 2 terms 8 years did well.
Bush the second, 2 terms 8 years did poorly.
Obama 2 terms 8 years did well.
Trump, 1 term did extremely poorly
Biden 1 term did well.
So this 4 years thing you're talking about you mean that we can't be sure about Biden, Trump, or Carter. Fair enough, is the 8 years good enough or is that also too short to draw a conclusion?
> making an observation that 4 years is probably too short of a time to credit policy changes within a single administration
Correct. But across repeated administrations, some of which held power for two terms, one can identify patterns. Post-Reagan Republicans have been a consistent trash fire for the American worker.
Yet it tracks for decades with successive D/R presidents, suggesting that this 4 year excuse is not enough to dismiss the correlation
Why aren't you trying to be political? What exactly do you think "political" is?
I suspect the administrations are as much a sign of the shifting tides than a cause.
Conservative approaches tend to be…. Conservative. Which is the opposite of growth.
WW2 really got the US economy going, so maybe the issue it a lack of scale in the warring?