• chiliedogg@lemmy.world
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      7 days ago

      Well, to be fair, that graph only looks like that because the Dems always seem to inherit a dogshit economy that’s been destroyed by conservative policies, then the Republicans inherit a strong economy before destroying it.

      • veni_vedi_veni@lemmy.world
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        7 days ago

        Yup, unfortunately people don’t understand that policies only change the equilibrium, but sometimes take longer than electoral cycles to see effect.

        That’s why no party really gives a shit about bringing down the national debt, because twofold:

        • people hate you in your term because that’s less money being spent for their benefit now
        • the opposition can have more spending room to provide more benefits in their term, making them more popular.
        • OpenPassageways@lemmy.zip
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          7 days ago

          The Republicans will never reduce the debt because the only cuts that would make a difference are the ones that are the most popular with their voters. Couple that with tax cuts and the math just doesn’t work for deficit and debt reduction with a Republican government.

          Are they going to cut Social Security? No, too many older voters that depend on that income. Medicare? Nope, same thing.

          Will they cut the military? Of course not, they wouldn’t be able to virtue signal about how patriotic they are.

          They’ll surely cut the education and IRS budgets, but the education cuts wouldn’t make a significant difference and the IRS cuts actually increase deficits because then the IRS can’t go after the rich.

          The Democrats wouldn’t cut any of those things either, but if the Democrats increased taxes for top earners and top-earning corporations, and implemented a wealth tax, the increased revenue actually could reduce the deficit.

          • Zink@programming.dev
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            6 days ago

            Are they going to cut Social Security? No, too many older voters that depend on that income. Medicare? Nope, same thing.

            Republicans: “unless we can just not need their votes any more… 🧐 “

        • Scolding7300@lemmy.world
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          6 days ago

          You’re suggesting the statistics shown in the study don’t help because it’s impossible to measure the length of the effect?

      • Queen HawlSera@lemm.ee
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        6 days ago

        God I was steamed when Trump was praised for a good economy, when he inherited Obama’s policies and when Trump’s policies went into effect it caused Covid-19 lol

    • Jesus@lemmy.world
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      7 days ago

      Republicans aren’t better for the the economy, they’re better at telling people they’re better for the economy.

      The public doesn’t grock a long or nuanced list of economic policies. This is a painful lesson that the democrats never seam to learn.

    • CitizenKong@lemmy.world
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      6 days ago

      That’s actually true worldwide. Wanna see how an economy looks like after over 30 years of almost uninterrupted conservative leadership? Look at where Germany stands now. Crumbling infrastructure, worst Internet in Europe, industry unable and/or unwilling to open itself to modern technology (best example being the German car industry).

      • /home/pineapplelover@lemm.ee
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        6 days ago

        Yep, I’m sure he still believes that. Especially when he was like the worse performing president within that last few decades

        During a March 2004 interview, Trump stated: “It just seems that the economy does better under the Democrats than the Republicans.”

    • auzy@lemmy.world
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      6 days ago

      They also like trying to sabotage the economy when they’re not in charge by telling others it’s shit … and there is evidence trump tried to delay deals last election

      Don’t be surprised if he did the same to undermine Biden this time