Reply To: Trumpamania?

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#2051612

jackk, most of what you are writing is pure propaganda and you know it: spending other people’s money is easy, the question is always – what was the alternative. And even those that you mention are mostly in the future or past – nothing new on vaccines; covid tests during next 6 months when crisis was last month; roads will be repaired in the future.

what is worth noting is your view of economy – by unemployment rate. Please take a minute to study “labor participation rate” that is a better measure that includes people who stopped (or started) looking for work. For a big picture:
Carter 2% up 62 to 64% (1966 to 1989 grows at almost constant rate)
Reagan – 3% up from 64% to 67%
Bush I – 1% down
Clinton 1% up
Bush II 1% down
Obama 3.5% down (decline 2008-14 then constant) – 63% – 1% lower than at start of Reagan
Trump 0.5% up, 3% lost to Covid, 1.3% recovered, for a total -1.2% down
Biden so far 0.4% up (1.5% below pre-covid)

so, on this measure Biden’s continue recovery similar to how it was going at the end of Trump term, not bad, not exceptional either. Overall trend after Reagan is down, with Clinton a little up, and Obama most down.