11-04-2020, 04:59 PM
Speaking of 2024.
No matter who wins this election the economy is going to struggle for a while, and the President will take a lot of blame even though there is not a lot he can do about it.
There were plenty of signs of weakness even before the pandemic. The Fed had been cutting prime rate drastically to try and head off a recession. And this was with Trump already doubling down on deficit spending to artificially pump up the numbers.
No matter who wins this election the economy is going to struggle for a while, and the President will take a lot of blame even though there is not a lot he can do about it.
There were plenty of signs of weakness even before the pandemic. The Fed had been cutting prime rate drastically to try and head off a recession. And this was with Trump already doubling down on deficit spending to artificially pump up the numbers.