re: Ken Casey (Dropkick Murphys) rants about MAGA being for the billionaire class

quote:

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Just one simple question. Was the middle class better off under Trump's economy or the double digit inflation and recession we have now, Ken?

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Stupid question. Presidents don’t flip switches and change economies. Mainly they are victims, or beneficiaries, of trends that were started by earlier governments. Their policies usually take a couple of years to have much effect.

The real estate collapse that happened at the end of Bush’s second term was mainly due to policies enacted during the Clinton administration. The boom that occurred during the Clinton and Bush years was mainly due to winning the cold war and the outsourcing of manufacturing that really got going during the Reagan administration.

Obama inherited a tough recession and took most of his 8 years crawling out of it. Trump benefited from an economy that was finally recovered from the 2008 collapse, but then he was hammered by the pandemic.

Now, Biden is presiding over an economy that had severe supply-side shocks during the pandemic lockdowns.

Folk, like you, assign too much credit and blame to the President. He affects the economy, but usually two or three years out.