'Get used to it': Economist says Republicans have 'bombed' the economy for years

Guno צְבִי said:
Economist and public policy scholar Justin Wolfers says Republicans and President Donald Trump have not only set themselves up for a brutal midterm, but voters will probably be holding them accountable for high inflation and fuel prices for years.

“There is a bomb that has hit the world economy and to any of us who watch the economy, there's no question that the economy today is different than it was in February,”

The damage Trump and the GOP have done doesn’t amount to a dip or a drop. It’s much bigger than that — and more permanent. Wolfers described it more as a “crater” resulting from Trump’s bomb

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:rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: Yeah,....the printing of devalued JUNK currency over the years by both parties had nothing to do with it Im sure. And the absolute ROBBERY committed under Biden during Covid was just peachy. Talk about imbecilic.
 
Tbird19482 said:
Well the fact is 12 out of the last 13 Recessions all started under Republican Presidents.
And Bush almost put us into a depression.
And we have to elect a DEM President to get us out.
They also run the debt up more then Dems do.
Regan almost tripled it . Bush doubled it, Trump has added almost 10 Trillion to it and is running us into a recession.
YEP the Republicans are great for our economy NOT!
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The (D)s really need to work on their messaging. There's the persistent and false belief that (R)s are great for the economy and for workers, the (D)s are all allegedly "tax and spend." Yet data proves this wrong. I'm of course for human rights and dignity, but the (D)s in general have focused too much on social issues and need to pivot to economic ones. That's what concerns voters the most.
 
ThatOwlWoman said:
The (D)s really need to work on their messaging. There's the persistent and false belief that (R)s are great for the economy and for workers, the (D)s are all allegedly "tax and spend." Yet data proves this wrong. I'm of course for human rights and dignity, but the (D)s in general have focused too much on social issues and need to pivot to economic ones. That's what concerns voters the most.
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Yes I agree the Dems have to get this message out and show people it is the Republicans that have driven our economy into 13 out of the last 13 recessions and it has been the Dems that pulled us out and got it back on track.
And NOW is the time to start before the mid terms.
 
Tbird19482 said:
Yes I agree the Dems have to get this message out and show people it is the Republicans that have driven our economy into 13 out of the last 13 recessions and it has been the Dems that pulled us out and got it back on track.
And NOW is the time to start before the mid terms.
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We are at global depression and famine.

THANK YOU FOR YOUR ATTENTION TO THIS MATTER!
 
Guno צְבִי said:
Economist and public policy scholar Justin Wolfers says Republicans and President Donald Trump have not only set themselves up for a brutal midterm, but voters will probably be holding them accountable for high inflation and fuel prices for years.

“There is a bomb that has hit the world economy and to any of us who watch the economy, there's no question that the economy today is different than it was in February,”

The damage Trump and the GOP have done doesn’t amount to a dip or a drop. It’s much bigger than that — and more permanent. Wolfers described it more as a “crater” resulting from Trump’s bomb

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Trump rode the coat tails of the Obama economy from 2017 to 2019, but the rest of his tenure in the presidency is marked by chaos, incompetence, anemic economic performance.
 
Cypress said:
Trump rode the coat tails of the Obama economy from 2017 to 2019, but the rest of his tenure in the presidency is marked by chaos, incompetence, anemic economic performance.
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And ditto for riding on Biden's coattails. Trump had barely been in a year before he sent the economy into a tailspin.

CRXgDIS.jpg
 
ThatOwlWoman said:
The (D)s really need to work on their messaging. There's the persistent and false belief that (R)s are great for the economy and for workers, the (D)s are all allegedly "tax and spend." Yet data proves this wrong. I'm of course for human rights and dignity, but the (D)s in general have focused too much on social issues and need to pivot to economic ones. That's what concerns voters the most.
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The Democrats brought us:

The New Deal adding Social Security to the federal budget.
The Great Society, adding welfare programs like food stamps and Medicare / Medicaid to the federal budget.
Obamacare, adding yet another massive social-welfare program to the federal budget.

Today, Democrat generated social-welfare programs that are mandatory spending programs that can't be cut or even efficiently managed, represent nearly two out of three dollars spent by the federal government. They are the single biggest reason the federal budget is out-of-control.

Then when you toss in the tens, probably hundreds, of billions in yearly fraud these programs generate it's even more obvious where the problem lies.
 
Stone said:
:rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: :rolleyes: Yeah,....the printing of devalued JUNK currency over the years by both parties had nothing to do with it Im sure. And the absolute ROBBERY committed under Biden during Covid was just peachy. Talk about imbecilic.
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We are talking about now, the time we are currently living in
 
T. A. Gardner said:
The Democrats brought us:

The New Deal adding Social Security to the federal budget.
The Great Society, adding welfare programs like food stamps and Medicare / Medicaid to the federal budget.
Obamacare, adding yet another massive social-welfare program to the federal budget.

Today, Democrat generated social-welfare programs that are mandatory spending programs that can't be cut or even efficiently managed, represent nearly two out of three dollars spent by the federal government. They are the single biggest reason the federal budget is out-of-control.

Then when you toss in the tens, probably hundreds, of billions in yearly fraud these programs generate it's even more obvious where the problem lies.
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Boot strap boy and survival of the fittest
 
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