this post was submitted on 09 Nov 2024
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No Stupid Questions

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According to the general public? And if so, why do economic collapses happen so often under their administrations?

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[–] db2 30 points 2 weeks ago* (last edited 2 weeks ago) (3 children)

From what I've seen republicans tend to ride the coattails of the person before them and *lay claim to what their predecessor accomplished. I don't know enough about that time period to say if that was the case then but it seems likely.

[–] MrFappy 16 points 2 weeks ago (1 children)

I’m happy to know that I’m not the only one who notices this. Democrats lay out a beautiful table with a wonderful meal for all, repubs come in and say “wow, look what I made!” And then proceed to have a food fight, after which a dem has to come in and clean it up. The one that I’m curious about is Carter leading into the 80s. Did he do things to set the economy up proper, or was it the result of a rubber band effect from the global economy being overall shit at the time.

[–] BadmanDan 15 points 2 weeks ago

Carter became president during the absolute height of stagflation & the Iranian Revolution and only had 4 years to fix it.

HE WAS FUCKED, no matter what. Unbelievably unlucky president.

[–] [email protected] 6 points 2 weeks ago (1 children)

Trump's 1st term was pretty much Reagan 2.0. If he's going to stay with that theme, this term will be Bush (Sr.) 2.0

[–] Anticorp 7 points 2 weeks ago

He's aiming more for Hitler 2.0.

[–] Jesusaurus 4 points 2 weeks ago

That's just the way a lot of economic policy works. A policy's effects are not be instantaneous, but may take months or years before they are noticable depending on what they are. This lag often results in the next presidency experiencing the economic policies that were implemented by the previous presidency(s).