Comment on Axios omits crucial details about economists who say Trump will destroy the economy
SJ0@hilariouschaos.com 4 months ago
I’d like to know how many of these economists failed to predict inflation being a problem back in 2020, how many of them claimed inflation was going to be “transitory” when it did show up. Nobody who failed to predict those two predictable things gets any say in economic policy moving forward because they’re stupid.
Real talk: Biden and Trump will be doing similar things in terms of not doing the stuff actually needed to not destroy the economy imminently. They’ll both run up debts like they did, they’ll both rack up spending like they did.
Lovstuhagen@hilariouschaos.com 4 months ago
That’s right - I was even listening to Timcast and he expressed his own skepticism towards the ability to save the economy.
Especially consider that the petrodollar is now broken - something that could really help the US economy recover in the long term.
The ability for us to combat this is weakening.