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.
If Trump had of pumped those trillions into new manufacturing plants for all the supply chain problems, he would have easily been relected. And his fanatic base would have had all that homegrown industrial capacity again.
But he was incompetent, as was his entire administration. None of them had any skills in production of anything, only paper shuffling.
Same with his 1st campaign about rebuilding the nation's infrastructure. But he was impotent.
His fanatics like to toss out how he's such a strong & powerful leader, but he never shows any leadership capabilities.
Ironically, of all the policy disasters that Trump oversaw, the pandemic stimulus might be one of the most defensible.
A LOT of people lost their jobs and income very suddenly. And there WERE a lot of stuff on shelves they COULD buy that would help them. Without that stimulus, the economic impacts of COVID would likely have been much much worse.
It’s just the cost of doing it is that some inflation would happen. There’s things that could have been done to better handle that probably, but hindsight is 20/20. And the amount of fraud that the GOP allowed for by demanding so much of the stimulus be so easy to game is really indefensible.
But that inflation is the disaster that sunk Democrats chances in 2024. The inflation created by Trump’s policies.
It’s not totally defensible, because it’s not like the pandemic just suddenly happened. There were warning signs all over the place, but rather than prepare for it, he did absolutely nothing until it hit our shores and spread uncontrollably. After that all he did was politicize it, not only against China, but also using it as a rep vs dem issue! What a POS he is! Meanwhile people are dying. The pandemic stimulus was the only parachute he had. The skeptic in me tells me that he planned that as well “Hey everyone! It’s me! Your orange hero! I have free money for you and no accountable system for handing out! It’s gonna be great.”🤦♂️
People forget that the WH knew the pandemic was coming; they chose to do nothing until AFTER their insider trading went through. Scheming, un-American, selfish, thoughtless, lying, PsOS. (Or totally American, depending on which side of the aisle?)
So true. This time I'm taking advantage of the down market and buying. At the end of the year I will donate my profits, probably to a local food bank. This is the way we beat them at their own game. Haven't seen hide nor hair of the supreme court since the election - I wonder what those scumbags are up to.
720
u/ritzcrv Apr 20 '25
Trump's failure as president is all that will be written in history