• candybrie@lemmy.world
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    7 days ago

    People looked at what Biden did for the last few years and that didn’t help them.

    This is dumb. Thinking economic policy has immediate effects is dumb. Trump’s good economy was largely a result of Obama’s economic policy. The inflation during the Biden years was a result of Trump’s economic policy and COVID. It takes years to dig out of that hole. Everyone knew (or maybe not, people are dumb) that COVID stimulus was going to be inflationary; it was just a gamble that it would be less painful than a more 2008 style financial crisis. The whole world was experiencing inflation and Trump’s tax reform did not help the situation. Thinking tariffs will help fix the economy when the number one complaint is high prices is dumb.