4 ms·

For business? Nothing at all bad. People will feel like shit, but the economy will boom.

• taylodl 2y ago
  > but the economy will boom That's not what happened during Trump's last term. His tariffs wrecked the economy before the pandemic had even started. Now he's promising to double-down on those failed policies. Now, if by "boom" you meant "explode" and fall to pieces, then yes, the economy will "boom."
  • anovikov 2y ago
    That doesn't show at all on GDP stats. 2017 to 2019 were good, above average growth years. And Covid dip was less pronounced that in any other free/rich country (of course at the cost of much more people ending up dead so it's not necessarily a good thing).
    • taylodl 2y ago
      From a GDP perspective, the Biden economy has been stellar - but that's not what people say, is it?
      • anovikov 2y ago
        Blame algorithms that prioritise negative content because people click it more, creating a perception of hellscape when things are going just fine.