Summary
President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.
Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.
Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.
Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.
Nope
Lmao, he rebuilt the stock market.
That is not the economy.
The problem with assertions like this is that they can never be conclusively proven or disproven. Literally every single president (at least during my lifetime) has blamed their predecessor for all of the problems plaguing the country and took credit for everything that improved, while their predecessor claimed credit for laying the groundwork and blamed their predecessor for all the challenges they faced.
The fundamental issue is that the same experiment can never be conducted twice under controlled conditions, because the world doesn’t stop spinning and whatever the other guy did, he did, and we can’t turn back time in order to find out how his opponent’s choices would have played out. Sure, you can always pick and choose some factoids in order to spin a compelling “what if” scenario, but ultimately there’s simply too many variables at play in order to reach a sufficiently solid conclusion.
Say you put a clock on humanity. One depicted by the earth itself, and it’s ability to support our type of lifeform. If one president pushes that clock forward, and another tries to slow it, are they so easily comparable? When people claim they care about kids, what they really should be meaning is the future of humanity… Or else they are really taking away the liberties of those children to be able to grow up and live a life of the same quality as the generations before them.
Now categorize those presidents again as whom has attempted to use the information they had in the capacity they had for changes to benefit future generations.
We continue to debate it… but the clock has not stopped ticking.
The problem with that thought experiment is that different people have different ideas about what “slowing it down” means. One man’s poison is another man’s medicine.
There’s nothing good or bad, but thinking makes it so.
It’s not a thought experiment, it’s reality. Every world leader knows it. The oil companies know it, the coal companies know it, the car companies know it, the overseas shipping companies know it, the agricultural companies know it, the billionaires know it, and they use their money to contort media outlets and information pushed to the population for manipulation. To line their pockets in the thought that either
a. I’ll be dead, the fuck do I care
b. Maybe someone in the future can find a way to undo the deeds I did in time, but not my problem.
It’s life in multiple choice my friend, and humanity is straight fucked in their hands
(The choice is the same)
He rebuilt the economy? What the fuck are they on about? Inflation is crazy high, there’e layoffs like every other day, and 60% of the country still lives paycheck to paycheck. Does huffpo think we all have our heads up our asses?
Inflation isn’t high anymore. Price increases are back to normal.
Layoffs in the past year or two have nothing to do with the economy, most companies doing the layoffs are making more profit than ever, except maybe Boeing but that’s clearly not economy related. They just want more money. Had nothing to do with the economy.
Inflation is pretty much normal
It was high for a while from supply chain disruption and pandemic spending, but it’s back to near normal. Obviously the accumulation of the last several years suck. The next administration should take note before going overboard with tariffs
And we have several pandemic vectors on the rise - again. Well, with one major change, we now have a vaccine denialist in charge of core agencies. Prospects look good for the vulture industries.