
No. There’s no actual logic here, just pointing the finger of blame at the “other side.” It’s been their playbook since Bush. They fuck everything up, a Democrat gets in office fixes it. A Republican gets in office and fucks everything up again, rinse & repeat. Republicans have no policies and no competency in leadership. Only culture war bullshit. And their voters still believe it and vote against their own interests.
I’m an Econ grad, and you’re misunderstanding the issue. Economic policy has effects which can take a while to appear in the data. The inflation during Biden’s term, for example, is a result of the stimulus checks (3/5 of which were under Trump). Controlling the money supply is a form of monetary policy meant to avoid a recession or slow down an overheating economy. The textbook outcome of this is that the issue is avoided, but inflation will remain high in the long-run (1 year or more)
Not super relevant here, but you could do the same thing through taxes or government spending and that’s called fiscal policy. Other monetary policy would be the government buying/selling treasury bonds or by raising/lowering interest rates. On the other hand, a lot of what Trump is doing cannot be called economic policy. He is creating economic shocks and supply chain disruptions. If you bomb the Middle East, you know oil is gonna spike. If you impose a tax on imports, import prices rise.