Without serious public spending - see Ronald Reagan,
Posted on: January 30, 2024 at 15:38:21 CT
raskolnikov MU
Posts:
187641
Member For:
24.65 yrs
Level:
User
M.O.B. Votes:
0
presidents do not ever quikly impact an economy or jobs numbers. Policies take time to take effect and have an impact. Obama/Biden came into office right as the US was shedding 600,000 jobs a month. It took time but that admin instigated the longest string of job growth. THat streak continued well into Trump's term - all the while fat Don it was all him. Then the Pandemic killed whatever all he had done. And if you want to be honest, job losses under Trump had begun in late 2019. The economy was already turning before 2020 and the impacts of the pandemic. So, Trump may have had 8 months of job growth prior to it turning. And a good deal of the growth under Biden was pent-up demand from the pandemic. Economies typically move in slow swings of the pendulum. And lastly, tax cuts at the top do nothing to aid economic growth.