333 upvotes, 24 direct replies (showing 24)
View submission: Thoughts on trump’s economy?
They are and the data proves it. I think it's because Republicans like to take shortcuts, like loading your entree with just desserts. It looks great short term but then comes a crash.
I'm no Financial expert though so I could be very well wrong. I'm very certain on the data though. It's crazy how many people think Republicans have done better with the economy. Maybe it's because Republicans = business?
Comment by chrispg26 at 10/03/2025 at 19:53 UTC
247 upvotes, 13 direct replies
Republicans are excellent at marketing. I've never fallen for it, but the fact that they have many believers speaks for itself.
Comment by Master_Baiter_99 at 10/03/2025 at 19:57 UTC*
66 upvotes, 3 direct replies
Worth noting that the last time we had a neutral deficit was under Clinton. I was never even opposed to the war in Afghanistan that resulted in the deficit shooting up, but I certainly would’ve opposed the bs war that was Iraq. Also the last major deficit reduction was under Obama when he reduced it by 50%. Guess what the deficit does under republicans…
Comment by LifePlusTax at 10/03/2025 at 21:49 UTC
46 upvotes, 2 direct replies
Yeah, that’s really the part that always gobsmacks me. It is easily, readily provable that democrats are better for the economy dating back at least through Reagan. Republicans push unsustainable policies that tip the county into a recession. The Dems fix it while the republicans spend the entire time blaming the economy being bad on Dems. Dems finally get the economy (sort of) working again, then republicans come into office on a good economy and take all the credit for it. Rinse, repeat. All the data is there for anyone who cares to look at it.
Comment by turkey_sandwiches at 10/03/2025 at 19:57 UTC
25 upvotes, 1 direct replies
That's exactly it. The Republican party markets itself as being good for business, so people who have no idea what that means or what it looks like will believe them.
Comment by krichardkaye at 10/03/2025 at 20:35 UTC
16 upvotes, 1 direct replies
Yeah it’s the same idea with firing staff and saying look at how much money I saved. You didn’t do something good you hollowed out your product
Comment by DargyBear at 10/03/2025 at 23:26 UTC
3 upvotes, 0 direct replies
The republican economy is an economy on crack, feels pretty good at first but has many terrible lasting consequences.
Comment by shadesofnavy at 10/03/2025 at 22:52 UTC
2 upvotes, 0 direct replies
The genius of this con is that if the crash happens during the next administration, it not only looks like your short sided policies were great, but that the next administration is completely inept. It's like the sports GM who mortgages the future for some great players for the next few years, and then bounces for another job, leaving the next guy with all that dead contract weight on the payroll.
Comment by jayandbobfoo123 at 10/03/2025 at 23:26 UTC*
2 upvotes, 0 direct replies
They sacrifice long term stability for short term gains. It's a gamble. If there's no crises, it can really pay off. Unfortunately, crises are unpredictable and there's good precedence for why we would want to prepare for them. Conservatism relies on the notion that everything stays the same, forever, and falls apart rather quickly when it fails to adapt to change.
Comment by Educational-Wing-610 at 12/03/2025 at 01:12 UTC
1 upvotes, 1 direct replies
Well. You got the shortcuts backwards. The market does well under dems bc they are fiscally liberal. They spend a lot. Conservatives are well, fiscally conservative. Or should be. And that will cause the markets to cool off and reset.
Imo regardless of politics, and the tariff war (that won’t last past summer, if the end of the month), we are in a transition between two governmental ideologies and what they value in the economy. Investors are selling off tech stocks (AI bubble is bursting it seems) and reloading for what comes next in this first year under a government that has different ideas and priorities. The tariff war has them shook up a bit, but if and when it subsides and especially if war in Ukraine ends, they will be looking to invest heavily in those areas.
Comment by EeeeJay at 11/03/2025 at 00:12 UTC
1 upvotes, 0 direct replies
It's the same here in Aus, the conservative party advertise themselves as 'good economic managers' which is patently false if you bring in any real world data.
It's because it's really easy to privatise public assets to make a quick buck on the balance sheets when you don't give a fuck about the service being provided and didn't put any effort into its establishment. Also the billionaires that reap massive rewards will happily throw a few million into ads that back up the sentiment. It's the same as being given $100 and asked to 'donate' 10c back to ensure you get another $100 next week, ad infinitum.
Money talks.
Comment by Electronic_Agent_235 at 11/03/2025 at 00:12 UTC
1 upvotes, 0 direct replies
I'd say it's more like taking out massive payday loans, then showing you how much money you got paid from your job this week, demanding you say thank you and pay them for their efforts... Then in 2 weeks when repayment hits with a 53% interest rate and a $30 service fee on the installment plan they just blame your neighbor who vehemently told you not to take out a payday loan.
Comment by glo2047 at 11/03/2025 at 00:50 UTC
1 upvotes, 0 direct replies
Quantitative easing enters the chat
Comment by Internal-Flatworm347 at 11/03/2025 at 01:18 UTC
1 upvotes, 0 direct replies
Comment by Organic_Witness345 at 11/03/2025 at 03:25 UTC
1 upvotes, 0 direct replies
Two Santas
Comment by gq533 at 11/03/2025 at 03:35 UTC
1 upvotes, 0 direct replies
It's strange, as you have examples like Mississippi and Alabama, which are 100% republican states with nobody to stop their policies. How do you look at states like that and think, that is how the federal government should be run. Yet here we are.
Comment by jmfranklin515 at 11/03/2025 at 03:38 UTC
1 upvotes, 0 direct replies
I agree, but also what he’s doing now is more akin to a self-inflicted gunshot wound than any analogy that would fit with past Republican policy. There is no point whatsoever to his trade war, aside from ruining the economy for us and our trading partners.
Comment by couchfucker2 at 11/03/2025 at 08:48 UTC
1 upvotes, 0 direct replies
What you said about them taking short cuts implies that they’re trying to do anything at all for the economy as a goal. The goal is to create economic situations that benefit their personal wealth and the wealth of their donors in exchange for power. That’s it, it’s a grift. They make money crashing housing and land prices knowing they have the cash to take the hit temporarily and then buy up even more. They make money hurting farmers so that foreign money can buy up our crops at favorable prices. They’ll create massive deficits just to get cronies paid out with fat contracts or access to valuable natural resources. Or a really simple one: they can time the market, buy options on lower priced stocks, crash the market and make money all way down and resell the equity back into the market.
Comment by Wicho1042 at 11/03/2025 at 10:30 UTC
1 upvotes, 1 direct replies
Using FEMA money to pay for illegals to live in a high end hotel in NYC, and continue sending BILLIONS to Ukraine and other countries that not America. year Dems love the military industrial complex. Dems like ducktaping problems, and prolong those problems because the government gets to fit the bill and they all make money off of it. They never ever try to actually fix the root problem.
Comment by jekbrown at 11/03/2025 at 11:43 UTC
1 upvotes, 0 direct replies
Worked great in Detroit.
Comment by jBillark at 11/03/2025 at 11:44 UTC
1 upvotes, 0 direct replies
Look at almost every red state. It’s a hot mess at the bottom of any measure. Alabama? Bottom. Etc. or like in Texas where Republicans have controlled for like 20+ years yet they campaign that if elected, they’ll fix everything. So why haven’t they fixed it already? They need to fix the things they broke?
Comment by NWYthesearelocalboys at 11/03/2025 at 14:24 UTC
1 upvotes, 0 direct replies
Within terms/election cycles yes but over long term no. That's the reason they are the welfare party. They promise people things for free to get elected then use debt to deliver. Debt creates money and money creates economic growth which creates stability and predictability which is good for the stock market.
It works when the national debt is manageable and asset values are low. We are in neither of those situations which causes a runaway train if there are any outside disruptions. Like covid and bird flue.
The fed raising rates was to cool inflation. Problem is that only works if it can reel in the money supply. But they kept printing money and raised rates which is counter productive and just creates more inflation. There are too many bubbles right now, another housing bubble, the stock market and cash itself.
There's two possibilities as a result. A recession and a depression. Both are consequences of how the Democrat party stimulates the economy. With other people's money. At this point the money of future geratuons tax burden. At some point you can't pay credit cards off with other credit cards anymore. You have to reel in spending against cash-flow with a large amount of debt there's hardship in the household. The same is true for nations.
Comment by _Grant at 11/03/2025 at 14:40 UTC
1 upvotes, 0 direct replies
Look up the Two Santa Claus Theory, it succinctly describes what you're touching on
Comment by Defiant_Wait_3835 at 11/03/2025 at 14:50 UTC
1 upvotes, 0 direct replies
Dems in the White House have historically meant the average American does better financially.
Comment by Conscious-Macaron651 at 11/03/2025 at 14:57 UTC
1 upvotes, 0 direct replies
We’re just skipping the dessert portion this time and going straight to the crash. I call that efficiency which is what we were promised!!!
