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US Politics 15w
Trump’s 1st term when economy went down: Trump’s fault! He ruined Obama’s economy! Biden’s 1st term when economy went down: Trump’s fault! He made a bad economy! Trump’s 2nd term when economy went down: Trump’s fault! He ruined Biden’s economy!
6 upvotes, 8 comments. Yik Yak image post by Anonymous in US Politics. "Trump’s 1st term when economy went down: Trump’s fault! He ruined Obama’s economy! Biden’s 1st term when economy went down: Trump’s fault! He made a bad economy! Trump’s 2nd term when economy went down: Trump’s fault! He ruined Biden’s economy!"
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Anonymous 15w

Bro he literally destroyed US world dominance in like 3 months.

upvote 7 downvote
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Anonymous 15w

By what metric did the economy seriously suffer under Biden?

upvote 3 downvote
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Anonymous 15w

This is quite literally exactly what happened… fiscal policy is usually made for 5-10 years required for uptake. Obamacare was repealed in 2019 under trump despite being set for expiration in 2025, Biden expanded it during his term which had a lot of re/enrollment, and the “Big Beautiful Bill” is basically a back door entry to repealing healthcare policy, which directly impacts the economy.

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Anonymous replying to -> #2 15w

I think only the tax penalty for the individual mandate was repealed, right?

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Anonymous replying to -> #1 15w

Inflation went to 9% and the stock market had no gain over a two year period sept of 21 to sept of 23. Interest rates also went way up.

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Anonymous replying to -> #5 15w

I’m sure you know based on Trump’s tweets that the president doesn’t control interest rates, right? The stock market isn’t the economy. Interest rates rose in order to reduce the impact of inflation. Imagine how insane it would have been if we continued letting people borrow money easily

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Anonymous replying to -> #1 15w

No I understand how it works but when normal people refer to the “economy” that what they mean even though it isn’t the correct answer. When things get more expensive for the typical American people and say the economy is bad.

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Anonymous replying to -> #5 15w

We still had low unemployment and rebounded faster than most of our G20 peers (as well as a faster rebound compared to previous major US recessions). Besides a short recession in 2022, GDP growth was fairly good

upvote 1 downvote