05-06-2022, 12:04 AM
(05-05-2022, 11:56 PM)basballguy Wrote: So I do think it's fair to say that the state of the economy isn't Biden's fault. Presidents get too much blame when it's bad and too much praise when it's good....
I am inclined to put more of the blame on Congress than the president as they were the ones that thought it would be a great idea to just hand out cash to anyone and everyone during Covid.
I'm also inclined to blame state leaderships that advocated for extended shutdowns. We probably could've handled a quick shutdown but some cities/states had them go on for months.
But the reality is, (which i'm sure you know) if the economy is in the shitter then the incumbent fairs rather poorly in elections.
Separately, it is my very unprofessional and uneducated opinion that we haven't hit the bottom yet. I would not be surprised if we continue to see a decline in the markets and increases to inflation.
I think this is the most reasonable response I have seen in quite a while in regard to this topic. I have no issue with anything you said and mostly agree. I definitely think that Biden is in an unfavorable position and I don’t see it getting better. I’m just hoping we see some new candidates in 2024, though I am a bit skeptical.
