Winners and Losers of this 4T

[Bob Butler 54]

(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.

Looking again at the above chart, one could see someone with a different perspective drawing the dotted lines differently.  If you wanted to, one could draw the economy flat in Bush 43's years.  Draw a line from the bump at the beginning to the bump at the end, and things were pretty much the same.  If you start low and end high it makes it seem llke he grew the economy.  From another perspective, you could draw a line from the middle of the early bump to the state at the end of the 2008 crash that Bush 43 caused.  His policy would be properly judged as a disaster.

On the other hand, if you delay things a few years to bypass the result of your predecessor's policy, one could judge Obamas policy by drawing a line from the end of Bush 43's crash well into Trump's years.  Some of it towards the end is the Voodoo economics policy of stimulating in good times and bad, but the line from 2011 to late 2020 is pretty straight and rises dramatically.  The tail end is Trump and voodoo, sure, but we know a collapse is due after 7 years or so of voodoo.  Republicans presidents pay attention to looking good for their own two terms, and don't care about America or what happens later.