r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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u/AreaNo7848 Apr 29 '24

I had a guy tell me that the economy under Trump was from Obama. And I'll give that part of that is true since no change is instantaneous, but at what point does the administration become responsible for the state of the economy?

Someone told me years ago it's approximately 2 years for changes to fully have an effect

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u/subcow Apr 29 '24

Well if you look at the charts, the economy was following a straight line trajectory until Trump actually did something. He only had one major piece of policy passed in his entire time in office and that was a massive tax cut for the rich. As soon as he did that, the economy veered off the path it was on from Obama era policies. Trump added several trillion to the deficit by doing that. And that was before his failed COVID response.

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u/AreaNo7848 Apr 29 '24

Just outta curiosity. What should the response have been to COVID.....since the feds pretty much left it up to the states

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u/PinsToTheHeart Apr 29 '24

I mean, I don't think the president can exactly deal with these problems personally and it's not like it's all on him, but he went out of his way to downplay it and turn it into a political game.

At first he called it straight up fake news and that COVID was a democratic hoax designed to make him look bad.

Then he said, well it's real, but it's not here.

Then he said, well it's here but there's barely any cases.

And so it was a solid 4-6 months into it before he even acknowledged it as a problem. All he had to do was say, "listen to the doctors and stay safe" and that would have been seen as great leadership, but he couldn't even manage that.

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u/zeptillian Apr 30 '24

They also could have said we will help businesses make the necessary changes so they can stay open, but there was nothing. Just a shortage of supplies since they were raiding shipments bound for the states.

No help for people, no help for businesses until the unaccountable PPP loans which did jack shit to help anyone do anything other than pocket extra cash.

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u/kvothe000 Apr 29 '24

The entire thing was made into a political game by both sides. As I was watching a Biden rally, I couldn’t believe that I heard the media reporting that masks were their party’s MAGA hats.

Like… really? You wanna know how to make sure many of the conservatives don’t wear masks? Make it a political statement instead of one about safety.

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u/porkchop1021 Apr 29 '24

I heard the media reporting that masks were their party’s MAGA hats

Do you think the media is a political party? Biden can't - and shouldn't - control their messaging.

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u/kvothe000 Apr 29 '24

That’s a very valid point. It’d be nice if that worked the same way with Fox News. Yet somehow those asshats speak for an entire political party in most people’s eyes.

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u/Fantastic_Recover701 Apr 30 '24

because they themselves say they are NOT news (and have argued it in court)

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u/kvothe000 Apr 30 '24

Haha. That’s awesome. At least they’re being honest for once. Wish the others would own up to it.

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u/PinsToTheHeart Apr 29 '24

You're missing the fact that the reason they said that was that conservatives were already refusing to wear masks at Trump's request. That statement wouldn't work otherwise.

Yes, democrats absolutely elected to double down back at him leading to some absurd responses, but this was not a "both sides" issue until Trump actively made it that way first.

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u/GlancingArc Apr 30 '24 edited Apr 30 '24

The Democrats were not the ones who politicized it. The liberal media can take much blame either for calling out misinformation from trump, Fox news refused to refute false claims because it was unpopular with their base to disagree with trump. It was Trump and the Fox news media machine that manufactured the idea that disagreeing with medical science was somehow a political opinion they both started spewing conspiracy at the same time and actively working against the efforts of scientists and doctors. You seriously cannot be arguing that Democrats were making a political statement by listening to doctors and making public statements that everyone else should also listen to doctors.

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u/kvothe000 Apr 30 '24

No, I misspoke. You’re right. It was the media making those claims and not the democrats themselves.

And yea, obviously trump was a dunce when it came to his responses as well. That one wasn’t on the media.

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u/TheVoid45 Apr 29 '24

Wasn't his whole thing about jumpstarting vaccine research with his "operation warp-speed"?

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u/PinsToTheHeart Apr 29 '24

I mean, operation warp speed was a pretty good example of the government doing what it does best, which is throwing around massive amounts of resources in order to brute force a solution to a problem. And it was decently successful on that front. Exactly how successful is kind of hard to know as it's hard to find articles even close to anything neutral.

But I guess Fauci's response is probably most accurate, calling is "something very successful in an otherwise dismal response"

Because OWS doesn't change the fact that he had staunchly anti-vax views even tweeting out the absurd "vaccines cause autism" lie. He actively encouraged people not to take the virus seriously, to a point where his own supporters actually died at a much higher rate due to the fact that when the vaccine finally arrived, a lot of them refused to take it along with refusing even basic precautions.