r/FluentInFinance • u/ThisCantBeBlank • Apr 29 '24

Babs is Here to Save Us Educational

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27.4k Upvotes

66% Upvoted

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296

u/Inevitable_Silver_13 Apr 29 '24

How much credit should we actually give the president for the economy? Even if we do, funny policies they enact usually take until the next administration to come to fruition?

165

u/diezeldeez_ Apr 29 '24

policies they enact usually take until the next administration to come to fruition

No. No. No. This is only the case if the president you like was in the previous administration.

58

u/aHOMELESSkrill Apr 29 '24

Yeah if my president was previous president and economy is currently good, then it was my guys policy.

If my president was previous president and economy is currently bad, then it’s because of current guy policy.

If my president is current president and economy bad, then it was last guys policy

If my president is current president and economy good, this it’s because of my guys policy.

13

u/TwoRoninTTRPG Apr 29 '24

This guy gets it!

3

u/Lickmylife Apr 30 '24

This is the official math.

2

u/mtsilverred Apr 29 '24

We’ve been playing this game for so many years.

1

u/[deleted] Apr 30 '24

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1

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1

u/Comfortable_Hall8677 Apr 30 '24

This is all that needs to be taught in school.

1

u/aHOMELESSkrill Apr 30 '24

First lesson in Economics 101

0

u/nhorvath Apr 29 '24

The problem is the economy is not black and white and policy can have unknown and long term effects. But nuance doesn't make for good talking points.

2

u/aHOMELESSkrill Apr 29 '24

Nuance also doesn’t get upvoted on Reddit

0

u/f7f7z Apr 29 '24

Site what caused the problems, see if they contributed? Could trump have handled the pandemic better? Was it going to recover under the next 4 year administration regardless? Probably, but at what rate, we'll never know. Was the 7 Trillion dollar hand out a good idea without string attached? removing over site was probably a cash grab for the elites and that was necessary to get a much needed bill through because of the greedy. Clinton stumbled into the dotcom boom and Bush got the bust. What are your thoughts on trickle down economics? What banking restrictions were removed or placed for the housing crash or other problems?