marinus18
[@Background Pony \#8C5F](/forums/generals/topics/tartarus?post_id=5678686#post_5678686)
I think it would have crushed his political chances forever. His tariffs and money printing caused inflation but when it was about to kick in Covid hit and it had a strong deflationary effect cause of the lockdowns. Which delayed the inflation till after he was out of office. This then combined with the supply issues and price gauging (helped by Trump's deregulation) to push prices up massively within the first year of Biden taking over letting people associate the inflation with him.
Most people judge a president by the first year even though that's actually the least informative one. In a country as large as the US decisions take time to be felt so the first 2 years of a president's term really is the aftermath of their predecessor. It's also why Trump could be believed to have a strong economy since he could take credit for Obama's strong economic growth. I'm also pretty sure he will for the first 2 years of this term take credit for all the big projects that Biden has started. Taking credit for the work of others is something Trump has always done.
You shouldn't judge a president by their first year but rather by comparing the first year to the last year. If you compare 2016 to 2020 it's clear Trump left the US economy in a much worse state than he inherited it. But propaganda made people remember only the first part of Trump's term where he had the economy inherited from Obama. Obama's economy was flawed especially with how high the wealth disparity was but Trump did nothing to fix it and only made it worse. Which was a mess he passed on to Biden.The US economy in 2024 is a lot better than in 2020 but people are comparing 2017 to 2021 instead. First impression matters and the economic mess Biden inherited pretty much doomed him from the start.
I think it would have crushed his political chances forever. His tariffs and money printing caused inflation but when it was about to kick in Covid hit and it had a strong deflationary effect cause of the lockdowns. Which delayed the inflation till after he was out of office. This then combined with the supply issues and price gauging (helped by Trump's deregulation) to push prices up massively within the first year of Biden taking over letting people associate the inflation with him.
Most people judge a president by the first year even though that's actually the least informative one. In a country as large as the US decisions take time to be felt so the first 2 years of a president's term really is the aftermath of their predecessor. It's also why Trump could be believed to have a strong economy since he could take credit for Obama's strong economic growth. I'm also pretty sure he will for the first 2 years of this term take credit for all the big projects that Biden has started. Taking credit for the work of others is something Trump has always done.
You shouldn't judge a president by their first year but rather by comparing the first year to the last year. If you compare 2016 to 2020 it's clear Trump left the US economy in a much worse state than he inherited it. But propaganda made people remember only the first part of Trump's term where he had the economy inherited from Obama. Obama's economy was flawed especially with how high the wealth disparity was but Trump did nothing to fix it and only made it worse. Which was a mess he passed on to Biden.The US economy in 2024 is a lot better than in 2020 but people are comparing 2017 to 2021 instead. First impression matters and the economic mess Biden inherited pretty much doomed him from the start.