Winners and Losers of this 4T

[Eric the Green]

(09-05-2020, 04:06 PM)Bob Butler 54 Wrote:

(09-05-2020, 01:56 PM)Warren Dew Wrote:

(09-04-2020, 02:05 PM)Eric the Green Wrote: First of all, though, Democrats are not neo-liberals. That is the Republican program, completely.

Wages and earned income have risen faster under Trump than under Obama exactly because the Democrats are more neoliberal than Trump is.



Biden has zero originality and would just return us to Clinton-Bush-Obama neoliberalism, economically.

I'm not so sure it is neoliberal, but it is Voodoo economics.  The Republican scheme is to stimulate in good times and bad.  That works for not  quite seven years, then there is an economic downturn.  The Democrats get voted in generally to fix the disastrous economy.  As a result, Obama saw a disastrous economy during his early years.  To a great extent it drove the unraveling see saw.

Neo-liberal = Voodoo economics = free market ideology = trickle down economics = Reaganomics = libertarian economics = supply side = self-reliance memes = welfare scapegoating = Republican Party.









Whatever economic benefit happened under Trump, is owed entirely to the Obama stimulus. The GDP and other economic data under Trump is inferior to the Obama second term. Trump is directly responsible for how bad the economy has been since March. It would have been bad anyway, probably, but it goes on and on because we have no national leadership on the virus.