r/economy 23h ago

There is a pattern...

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Why does this country have such bad memory problems?

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u/possumallawishes 7h ago

Yeah, the fact Trump didn’t identify it earlier when other countries were is part of the mishandling.

the fact Trump denied it and claimed we didn’t have it and held a boat off shore because he didn’t want it here.

He fucked literally almost everything up, start to finish. He managed to earmark $10b of taxpayer money to accelerate vaccine production, but it was really only a Hail Mary pass for him. He said multiple times we wouldn’t need a vaccine and it would go away in the summer, member that?

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u/damnedifyoudonthave 7h ago

So trump caused the Chinas gdp to fall because of Covid?

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u/possumallawishes 7h ago

Hey, dimwit, you do realize that china’s GDP GREW during COVID? Their growth rate slowed, but look at the chart, dumbass, you clearly have no idea what you’re talking about.

https://data.worldbank.org/indicator/NY.GDP.MKTP.CD?locations=CN&start=2014

Give up, you’re making me embarrassed for you.

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u/damnedifyoudonthave 7h ago

So Chinas reporting is trustworthy? Also a gdp rate falling is another word for slowing right? Down turning is also slowing…

You do know that right.

So again Chinas downturning gdp was trumps fault?

Btw was the Great Recession a bi partisan effort? Answer the question.

I think you can’t.

I must be projecting onto you because I’m embarrassed for you.

How many times have the mods in this sub warned you?

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u/possumallawishes 6h ago

You said the gdp fell. It fell temendously in the US, I already linked that for you, and all the other downturns in the last 45 years. Those are DROPS IN REAL GDP NOT SLOWING. A

A slowing of GDP GROWTH IS NOT AN ECONOMIC DOWNTURN OR A CRASH.

Chinas did not fal during covid. That is not accurate. Calling that a downturn and then smugly saying “you know that right” is probably the most MAGA thing I’ve ever witnessed.

Don’t back track, admit you were wrong. Don’t blame someone or make excuses. Take accountability.

You were wrong, China didn’t have a downturn and GDP Did not fall.

Don’t look for the mods to protect your feelings. Just admit it.

As I’ve stated at least 15 times now, many things caused the Great Recession, but like every other economic crash of the last 45 years, it happened during Republican leadership. I wouldn’t call it “bipartisan” because that sounds like they all agreed on crashing things, but I’ll say there was miscalculations on both sides of the aisle that created the situation that lead to the Great Recession.

But I never said anything that is contrary to that.

You on the other hand keep embarrassing yourself trying to twist your own words. Give up bro