Magnanamimous in Victory

[sanantone]

I already know what will happen with the economy. The same thing that has always happened. The economy will continue to look rosy in the short term because the Biden administration stayed the course and managed to reduce inflation WITHOUT causing unemployment to mushroom.

The Trump administration will cut taxes and make other concessions to business that will heat Wall Street up to a fever pitch, while doing nothing for the working class. Meanwhile the deficit will balloon. Finally, the boom economy created will crater and we'll have to elect a new administration to clean up the mess. Again.

They don't know what a target inflation rate is, they don't know what caused the inflation (the pandemic), and they don't know that the world is dealing with inflation. They also don't know that the U.S., under Biden, had one of the fastest recoveries among developed nations from the pandemic economic crash. Half the country doesn't read the news. They operate off of vibes and rumors. 

Whether right, centrist, or left, people's perceptions of the economy are based on their biases for or against whoever is in office. The country went from being angry at Trump to being angry at Biden, and they'll go back to being angry at Trump. 

Right before Trump takes office, I will be posting the inflation rate, the unemployment rate, and links to graphs showing the trajectories so that low information voters can't engage in revisionist history. 

We're dealing with a cult of personality, and they believe that Trump was sent to us by God. It's very weird and scary. If there is a God, the pandemic would have been our punishment for electing a pathological liar and rapist.