MSNBC's Lawrence O'Donnell is joined by Yale Professor Jeffrey Sonnenfeld to discuss the latest evidence of the successes of Biden's economic policies. Sonnenfeld says Biden is having the strongest positive effect on the economy of any president since FDR.
  • cyd@lemmy.world
    613·
    11 months ago

    I don’t even know if you can say that Trump killed the economy. If you look only at the economy, then comparing the US to Europe, the US economy weathered the pandemic much better. Congress, under both Trump and Biden, passed very generous support packages. The Biden package was arguably too generous, and kickstarted the current inflation.

    And inflation is the main reason polticially-disengaged people “feel” that the economy is no good under Biden. Last I checked, real wages for blue collar workers are still lower than when Biden took office.

    • Dark_Blade@lemmy.world
      71·
      11 months ago

      This won’t be a popular opinion on Lemmy, but I agree. Biden is far from the worst president we’ve had, but some people tend to whitewash his flaws because he’s not an orange dullard LARPing as Hitler.

    • 🐱TheCat@sh.itjust.works
      22·
      11 months ago

      Same old lie. Trump started demanding money printing in early 2019 to juice the economy for an election year, because he knows republicans are simple and don’t understand that policy decisions take time to take effect. You had inflation coming your way before COVID.

      President Donald Trump, in his most brazen attack yet on the Federal Reserve, called for the central bank on Tuesday to cut interest rates by 1 percentage point and to implement more money-printing quantitative easing.

      Everyone I heard who wanted to vote for Trump was saying ‘my bank account has never looker better, screw inflation!’

      Well, fucking eat it you idiots.