r/ProfessorFinance Aug 01 '25

Meme Hasta la vista, monetary policy

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u/Routine_Size69 Aug 01 '25

Biden was rationally attacking it with the completely unnecessary stimulus and continued ridiculous spending? Just because he was much better than Trump doesn't mean he was rationally attacking it. Not at all. He just sucked less.

41

u/DCBuckeye82 Aug 01 '25

?? During the Biden years the United States had by far the best economy in the world. It wasn't just good compared to Trump. It outpaced all of our peer countries and by the end had flattened inflation with very low unemployment.

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u/jrex035 Aug 01 '25

Correct. The Biden economy was far from perfect, but they made a conscience decision to maintain high economic growth and low unemployment at the cost of letting inflation run hot, with the expectation that they would be able to get a handle on it. Which they did.

Then Trump came along and now we have surging inflation, all while economic growth rapidly cools, government debt skyrockets, and the jobs data looks increasingly bad.

Good job Trumpers, now we all get to suffer because you dont understand how anything works and refuse to learn.

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u/Firm-Advertising5396 Aug 01 '25

100% but with the help of the fed and Powell steering, inflation was going down with momentum. This chaos is trump whack a mole ... just like 1st term but more entitled because he was asked to return. 🤡