Marener
Diamond Member
- Jul 26, 2022
- 61,080
- 25,603
- 2,173
Employment and jobs were propped up by faulty job numbers and public sector hiring. The economy was feeding off of numbers that frankly I don't trust. You should either. Biden got a natural bump from coming out of lockdown. Spending billions with an infrastructure plan was like running up the credit card to have a big party. Everybody was happy until the bill came due.
I won't even go into foreign policy, which was absolutely atrocious. Biden made the entire world more dangerous because no country feared him.
“I don’t trust” the data is childish. You have no problem trusting data that confirms your bias.
You know who trusts the data? The billionaire hedge fund managers that have real skin in the game. Because they’re too invested to let politics make them irrational.
To be honest, the economists like Larry Summers were arguing against more stimulus, but the populists won out. I think the populism is more of a threat than the wonks.
