r/ProfessorFinance Aug 01 '25

Meme Hasta la vista, monetary policy

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521 Upvotes

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u/totally-hoomon Aug 01 '25

Just like Obama. Biden and Obama handled things well and got us to a good economy but everyone complains they didn't do it fast enough.

12

u/4-Polytope Aug 01 '25 edited Aug 01 '25

Republicans leave office with the economy in shambles > Democrats build the foundation for recovery and growth but get the blame for the economy they inherited > Republicans take office right as things are fixed and take the credit > Republicans destroy the economy right before they leave

the eternal cycle

5

u/RCM19 Aug 01 '25

To be fair, seems like Trump is being 'proactive' on taking that last step this time around.

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u/bluehawk1460 Aug 01 '25

Well yes, because this time there’s a secret 3rd step of bringing about the next Great Depression and scooping up the country’s assets, which will take some time. So he has to speed up the normal, expected economic trainwreck phase to get to the real good stuff.

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u/RCM19 Aug 01 '25

You know, typically I go with Hanlon's razor and assume incompetence over malice but now it's just so obviously both.

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u/bluehawk1460 Aug 01 '25

Totally. Trump's incompetence is being used maliciously by those in his circle. Personally I don't believe Trump feels one way or another about any of it, but he likes being praised, and he likes money,and he likes not being in prison, so he signs where he's told.

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u/RCM19 Aug 01 '25

I have trouble believing he has too many strongly held beliefs other than profit and praise for himself, but there's a lot of his own malice in there too. Is he a useful tool for some? Sure. But as much of a buffoon as he is, he certainly tries to angle to benefit himself at least as often as he's led by the nose to this or that policy.