4 ms·

> They're the ones who tank the economy every time they're in power and have down so for decades now. Huh? Is this supposed to be sarcastic?

tapoxi 2y ago
There is actually plenty of data to back this up. https://en.m.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party https://en.m.wikipedia.org/wiki/U.S._economic_performance_by...
- aeonik 2y ago
  That article does not state that "Republicans" tanked the economy. It says the economy is on average worse when a Republican is president. All the cited sources, basically concludes that the performance of the economy is almost entirely based on factors beyond the control of the President or Congress. Which makes sense. The economy is complicated, and people will change based votes on their feelings. The Economy is also notorious for lagging indicators. Political parties often blame their circumstances on the "last" administration. I'm dealing with technical debt and decisions that were entrenched 30 to 40 years ago in many cases. Extrapolating the realities of my experience in different business and technical environments informs me that it's really not this simple. These articles don't really help people understand economics, they are designed to sell you a certain belief.
bmitc 2y ago
No, it isn't sarcastic. It's the unfortunate truth. This is well reported on and researched. Republicans leave the Democrats a mess to clean up, the Democrats do, but the economy only starts to boom once the Republicans first return to power because of the lagging effect, and then they start tanking it again.
- resoluteteeth 2y ago
  Ah, I misread your comment. I thought "they" was referring to "Gen Zers" (which didn't make sense Gen Z has never been in power) but I guess in "shifting to the right" "the right" was meant as a group rather than a direction (i.e. embracing the right wing rather than moving rightward) and "they" was referring back to that.
  - bmitc 2y ago
    No problem. Writing clearly is hard. Haha.

tapoxi 2y ago

There is actually plenty of data to back this up. https://en.m.wikipedia.org/wiki/U.S._economic_performance_by_presidential_party https://en.m.wikipedia.org/wiki/U.S._economic_performance_by...

aeonik 2y ago
That article does not state that "Republicans" tanked the economy. It says the economy is on average worse when a Republican is president. All the cited sources, basically concludes that the performance of the economy is almost entirely based on factors beyond the control of the President or Congress. Which makes sense. The economy is complicated, and people will change based votes on their feelings. The Economy is also notorious for lagging indicators. Political parties often blame their circumstances on the "last" administration. I'm dealing with technical debt and decisions that were entrenched 30 to 40 years ago in many cases. Extrapolating the realities of my experience in different business and technical environments informs me that it's really not this simple. These articles don't really help people understand economics, they are designed to sell you a certain belief.

bmitc 2y ago

No, it isn't sarcastic. It's the unfortunate truth. This is well reported on and researched. Republicans leave the Democrats a mess to clean up, the Democrats do, but the economy only starts to boom once the Republicans first return to power because of the lagging effect, and then they start tanking it again.

resoluteteeth 2y ago
Ah, I misread your comment. I thought "they" was referring to "Gen Zers" (which didn't make sense Gen Z has never been in power) but I guess in "shifting to the right" "the right" was meant as a group rather than a direction (i.e. embracing the right wing rather than moving rightward) and "they" was referring back to that.
- bmitc 2y ago
  No problem. Writing clearly is hard. Haha.