Your example citing Trump’s trainwreck makes zero sense in this context. His record on the economy was impressively effective even if his social policies floundered.
Is that really considered "impressively effective" these days? I don't think so. It's bad governance.
Bush did it. Obama did it, while slowing down economic recovery Trump did it. Biden is doing it, and the economy is stagnating.
Looking farther back, every president since before FDR allowed debt to increase, although it wasn't really until the welfare state kicked in the 70s and 80s that we started hockey sticking.
It's hilarious to pin _all_ of that on Trump.