Comment by arnonejoe

18 days ago

I looked this up. "10 of the 11 recessions between 1953 and 2020 began under Republican administrations”. It seems Republican = Recession.

It seems silly to blame these on the president though, consider just the past two recessions and how little they had to do with the actions of POTUS...

  • They are still responsible for making the recession easier or harder or longer

    The Tarifs and the way trump acts, for example, massively disrupts markets.

    • The funny thing is that both Trump or Biden handled the COVID shock reasonably well, but now that there isn't a global crisis, the former is hard at work creating a local one.

Ok, but is it cause or effect? Maybe Republicans do well when there is fear about the economy and a recession is coming.

  • Depends. If it's a Republican president in office, we must look at many factors, it's a difficult thing, y'see, many variables and such, market fluctuations, etc. etc. etc.

    If it's a Dem president in office? 100% the Dem's fault.

    • Isn't literally this, but unironically, what dem supporters are doing in the least voted comments here?

      Why try to make it as if it was the "opposite side" doing it while I'm reading it?

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