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Re:Why America's economy is soaring ahead of its rivals by ToDougie on Thursday December 05, 2024 @12:27PM (#42330309)
iirc Trump campaigned on the sluggishness of the Obama-era economy. It was characterized as burdened and shackled, but not downright terrible.
Re:Why America's economy is soaring ahead of its rivals by UncleOxidant on Thursday December 05, 2024 @12:46PM (#42330495)
Yeah, there was a perception then (in 2016) that the economy was growing too slowly when in fact it was doing pretty well. Yes, the recovery from the '08 Great Recession was very slow, but by 2016 things were pretty good. Then this time around he ran on the economy being supposedly better during his first term when in fact most of that was just inherited from Obama. Towards the end of Trump's first term inflation was already starting to heat up due to the trade wars and tariffs he started. Covid hits and that inflation goes into high gear. Most of it was from covid and supply chain issues - not really Biden's fault, but it was easy for him to pin it on Biden.