2 ms·

Recent polls of Trump supporter show that they expect Trump’s policies to hurt them personally, but they support the policies anyway because they think they wil

• Whoppertime 1y ago
  At least with tariffs you can understand there will be short term economic pain for presumed long term economic gain Polling of Biden voters seem to suggest they didn't expect the 20% inflation that happened between Biden entering office and Biden leaving office. They didn't think it would hurt Republicans more, they just had experts denying that anything was happening, like the head of the Fed saying inflation was transitory. That situation impedes on the function of democracy in a different way
  • hedora 1y ago
    As a Biden voter, I definitely expected inflation. Trump’s economic policies in the first term were incredibly inflationary, even before covid. NPR was routinely sounding the alarm back in 2017-18. Inflation typically runs on a ~3-5 year delay vs executive policies. The crazy thing with the tariffs is that they’re killing investment in domestic production in the US. Check out this graph of private money going to building factories: https://fred.stlouisfed.org/series/C307RC1Q027SBEA https://fred.stlouisfed.org/series/C307RC1Q027SBEA Any manufacturing job gains over the next few years will clearly be due to Biden’s efforts. (Note that factory construction spending is somehow down slightly for 2025: the deceleration of the investment trend is unprecedented.)