• tyler@programming.dev
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    2 months ago

    lol what. There was no booming economy under trump. He sure was good at making republicans think that though.

    • justhach@lemmy.world
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      2 months ago

      Ill always remember the clip of Jordan Klepper at a Trump rally talking to a guy who has been making four times as much as he ever did under Obama during the Trump presidency.

      His field of work? Debt relief.

      Womp womp.

      • Susaga@sh.itjust.works
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        2 months ago

        Every so called “undecided”

        You mean “Republicans.” They won’t admit it, because it’s a terrible thing to be, but that’s the only reason you could possibly think Trump isn’t an instant “vote for the other guy” candidate.

        There is no way you can look between a piece of cake and a piece of shit and not instantly go for the cake unless you have a scat fetish. You’re not fooling anyone by pretending you’re undecided; we know you just want to eat the shit. Either that, or you’re really, REALLY bad at noticing a piece of shit when you see one.

        • IMALlama@lemmy.world
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          2 months ago

          I don’t know that I would call Harris cake, but I totally agree that she’s far less repugnant than Trump.

      • roofuskit@lemmy.world
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        2 months ago

        I think you misunderstand what an undecided voter really is. The vast majority of undecided voters are not trying to decide WHO to vote for, but whether they will vote at all. Most “undecideds” already are settled on a candidate.

  • Moobythegoldensock@lemm.ee
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    2 months ago

    Trump inherited a booming economy from Obama and it was starting to decline in 2019 even before COVID hit. Often the president’s policies have an indirect effect at best, but economists generally agree that Trump’s policies were accelerating the decline in 2019. Obviously, the pandemic muddled everything in 2020, but the short answer is “no:” Trump took a good economy and was slowly killing it.

    80 years of economic data has shown that Republican economic policies simply don’t work:

    https://en.m.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party

      • SavvyWolf@pawb.social
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        2 months ago

        People with different political ideologies to you snuck into your bank account and stole it.

      • ilmagico@lemmy.world
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        2 months ago

        Me too, I had money. Then, Trump imposed tariffs on China which made my stock take a dive, and the company I used to work for suffered, meaning fewer raises or bonuses. Not saying tariffs were 100% a bad idea, China was, and is still, stealing our tech (observed first hand while at that job), but that didn’t help with the economy.

        Then we had covid, which didn’t help, and Trump definitely mismanaged that. Biden then took over and … also mismanaged, but the opposite way, causing inflation. Thankfully, they brought it back under control, where we are now.

        Now I have a new job and more money is flowing. And honestly, most of this is neither president’s fault or merit, really, they just like to point fingers and take credits for stuff they didn’t do.

  • justhach@lemmy.world
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    2 months ago

    Betteridge’s Law: Any headline that ends in a question mark can be answered by the word ‘no’.

  • BougieBirdie@lemmy.blahaj.zone
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    2 months ago

    Now I’m not saying the gold standard of education is memes, but if you look up some memes on Trickle Down Economics then you’ll probably find everything you need to know about it (it’s totally bogus)

    I’m not in the US. I’m also not an economist. But I follow current events. The economy is a funny thing, it’s normally pretty slow to move unless it’s crashing. Poor policy promotes a crash.

    Historically, what we’ve seen is that when the government changes hands and flips between Democrat/Republican, the government starts working to change the policy of the previous administration.

    Often what ends up happening is that the Democrats inherit a poor economy from Republican policy, then work on turning it around. Then the Republicans get in power and claim that the economy is strong under them - while ignoring that it was growing under the previous administration. Then they start slashing social services, promote regulatory capture, and ultimately end up tanking the economy just in time for the Democrats to take over again. Then they point to the damage they’ve done and say it’s the Democrats’ fault.

    Anyway, TL;DR: nope

  • Susaga@sh.itjust.works
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    2 months ago

    Think of “trickle down economics” as a human centipede. The guy in front of you gets to eat whatever he wants. You get to eat shit. The only people in support of it are the people who think they could be in the front of the chain, either because they were born there or because they’re idiots.

  • Rhynoplaz@lemmy.world
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    2 months ago

    HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHA

    Good one.