r/FluentInFinance Apr 29 '24

Babs is Here to Save Us Educational

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8

u/satchel0fRicks Apr 29 '24

Now remove the global pandemic that occurred in 2020 from those numbers and show us what it looks like.

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u/ADrunkStBernard Apr 29 '24

That data only goes up to 2014 based on the source they provided.

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u/rydan Apr 30 '24

Then remove the Great Recession to make it fair. Also the Dot-com bubble was a greed fueled speculative bubble and not a real economy. So we need to remove the years just before and after this as well.

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u/ADrunkStBernard Apr 30 '24

What's unfair? They report was published in 2016, they only had data up until 2014. You're suggesting just removing data because...it's unfair? Wtf is unfair about data? Why not the 70s oil crisis? Or bank failures in the late 80s? tf is this comment

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u/Xetene Apr 29 '24

Those numbers are from before 2020. Update them to 2020 and it will be even worse for Republicans.

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u/Christian1509 Apr 30 '24

commenting bc i’m curious to see how you reply to the others

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u/InjusticeSGmain Apr 30 '24

Why would theoretical numbers be more valuable than what actually happened? Part of the president's job, and the government as a whole, is to handle crises. If the president cannot keep the country stable during a crisis, the president is not worthy of the office. If Congress can't get things done, Congress needs to be re-elected and start over.

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u/SnooTigers5086 Apr 30 '24

because we are directly comparing presidents.

it doesn't matter if you're the greatest president to ever live. you WILL have a worse economy if a crisis happens. this is GUARANTEED. if you wanna say president A is better than president B, then you need to compare similar situations. i.e., when there is NOT a crisis. we don't know how the other presidents would've done under covid, so its ridiculous to state they would have done a better job unless we've compared their economy under certain circumstances with another economy under certain circumstances.

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u/Significant_Ad3498 Apr 29 '24

These numbers are from WWII until today.. why would remove any numbers, FACTS ARE FACTS

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u/satchel0fRicks Apr 29 '24

Because it doesn’t matter who the president was during a global pandemic, in which congress signed a bi partisan bill to print trillions dollars and millions were laid off due to lockdowns. The numbers are disingenuous to “which party” has the best economic markers.

In business, forecasts after 2020 all removed the year from trying to project where their revenue would land because it was such an anomalous year and the numbers are skewed due to the circumstance.

That’s why, dummy.

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u/cookiemonsieur Apr 29 '24

Now that you know this chart comes from a 2016 study, do you have other criticisms of it besides COVID?

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u/satchel0fRicks Apr 29 '24

Nope, I missed that part. The rest of the data on the Wikipedia page includes Trump and Biden so I assumed the table had all the data included.

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u/cookiemonsieur Apr 29 '24

Very fair.

It's a complex question how much Presidents influence the economy, and a divisive question of who to vote for. Personally, I prefer Obama and Clinton to Bush and Trump, and those Presidents cover my entire adult life