Summary

President Joe Biden touted his administration’s economic recovery efforts, citing job growth, reduced inflation, and infrastructure investments, as he prepares to hand off a strong economy to Donald Trump.

Biden criticized Trump’s proposed steep tariffs on imports, warning they could harm the economy and reintroduce inflation.

Trump plans tariffs against China, Mexico, and Canada, raising concerns about trade disruptions similar to those seen during his first term.

Economists caution that such policies could quickly reverse recent economic gains and weaken the U.S. economy.

  • ChildeHarold@lemm.ee
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    4 hours ago

    my point isn’t that leftists agree or disagree. my point is that whatever narrative a Leftist accepts exposes them to unpleasant truths. I don’t know how else to be clearer. Either the executive office has direct immediate effects on the economy therefore we should be worried about Trump (but we must also admit that in the past Democratic policies are directly to blame for catastrophes like 2008), or the executive office doesn’t have a direct economic impact therefore Biden is not to blame for the current state of affairs (but we must also admit that the current state of affairs has nothing to do with Trump). Anything else is cherry picking.

    • meep_launcher@lemm.ee
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      4 hours ago

      Pretty sure leftists fall in the former camp. They’ll gladly throw Democrats under the bus, and to a leftist there is no difference between the DNC and GOP.

      Granted, the take that it’s not a binary is much more reasonable than the assumptions you are making at the top.