But I don't buy the point that current president is good because he is not as bad as previous in spending.
But I don't buy the point that current president is good because he is not as bad as previous in spending.
Seeing as Trump is a Republican, and that his spending and economy were on brand for the Republican party, I see no reason to assume covid was the sole cause. (Is it your opinion is that Trump is a RINO who runs the country like a Democrat, and covid disguised that?)
Given that the US economy has recovered from covid dramatically better than the economies of all other major nations, I am not inclined to assume that the US economy is currently in poor hands. On the contrary, it sure seems to be in the best hands that exist anywhere in the world.
as I said I don't think checking historical trends is excuse for current policy.
> Seeing as Trump is a Republican, and that his spending and economy were on brand for the Republican party, I see no reason to assume covid was the sole cause
first two years of his presidency deficit was relatively low
> Given that the US economy has recovered from covid dramatically better than the economies of all other major nations, I am not inclined to assume that the US economy is currently in poor hands. On the contrary, it sure seems to be in the best hands that exist anywhere in the world.
this is a loaded question. Recovery was in expense of inflation, rise of debt. One would need to do some quantitative calculation to see if current situation is result of actual policies (and which policies: Trump's or Biden's), or just economy is flexible itself and if result could be better and if spendings were justified(or went to real estate market and stocks).
I wasn't excusing current policy. I was making the case that Trump's economic failures were due in large part to Republican Party policies, not just to covid.
>first two years of his presidency deficit was relatively low
It took him a while to overcome Obama's economic policies, but he was certainly making headway in damaging the US economy and increasing deficit spending by the time covid hit: https://en.m.wikipedia.org/wiki/Economic_policy_of_the_Donal...
>this is a loaded question.
Well, that's a novel use of the term "loaded question". It wasn't even a question at all; it was a simple statement of my opinion.
>One would need to do some quantitative calculation...
Fortunately, the field of economics is dedicated to doing quantitative calculations and making assessments like these.
Economists strongly favor policies that Democrats tend to adopt (especially demand-side economics: think lower taxes for the poor and higher taxes for the rich and for businesses, relief of personal debt, a stronger safety net for the unemployed, cheaper and more accessible healthcare, more spending on public services that aid economic development such infrastructure and education, etc.) and oppose economic policies that Republicans tend to adopt (especially supply-side economics: lower taxes for the rich and for businesses, union busting, a weaker safety net for the unemployed, healthcare that preferences insurance companies, reduced spending or even outright privatization of public services that aid economic development such as the postal service, etc.).
could you give citation, who are those economists? Or all of them? Or majority?
You are making very many unobvious statements with chatgpt confidence.
There are other places as well, but this is the most accessible one I know of for people without access to economics publications.