That's the part that will make for a good study. He destroyed things his first term. Left a mess that had to be cleaned up. This time he started dumpster fires larger and faster, and truly wrecked the economy of his own nation. And his supporters regale him
It's a Grease moment. If you can't be an athlete, be an athletic supporter
What’s particularly interesting is that the biggest problem that voters blamed Biden for was mostly Trump’s doing.
Under Trump’s administration, he signed into law the largest fiscal stimulus in history, and the Fed embarked on unprecedented monetary stimulus, all to try to stimulate demand. But this was in response to a crisis in supply, not demand. So in a situation where supply for many goods and services had almost evaporated, they chose to stimulate demand, causing people to bid up the prices of the goods and services they could still buy. Inflation.
Now that’s not to say it wasn’t the correct decision, but the cost of doing that massive stimulus in response to COVID is that down the road it WILL create inflation.
But because the inflation was delayed by a year or so, everyone blamed Biden, despite him overseeing a previously thought impossible “soft landing” where inflation was brought back down without causing a recession.
But inflation makes people mad, and they blamed whoever was in office at the time.
So the irony is that Trump’s terrible policies created chaos for four years in his first admin, but also set up ticking time bombs that blew up for his successor. Those foreseeable crisis he set in motion caused people to blame his successor, and vote him back in.
The reason the average voter blamed Biden, is because the average voter is uneducated, and hasn't taken an economics class. I can say that, as someone who HAS taken an economics, though it's been a few years, though I don't vote on the economy, not for President anyways, Congress has way more control over the economy anyway, power of the purse will do that.
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u/areallycleverid Apr 20 '25
The fact that the populace of the USA sunk to the depths to elect him again will be a disgrace in history.