Quote:
Originally Posted by whell
Anyone can "blame" someone for something. It takes no intellectual energy to throw blame around. If I wanted to, for example, I could "blame" the dot-com bust on the greed to the Clinton years. Or the near - death economy of the 70's on Carter.
Biden inherited low unemployment, low inflation, low energy prices, and a vaccine for Covid...
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I'm not blaming someone, I'm blaming supply-side economics. This thoroughly discredited economic theory has become catechism in the GOP, but has consistently led to huge deficits, not to mention greater income inequality. Arthur Laffer's back of napkin theory is admittedly attractive for promising that "you can have it all, but you have to pay for it with tax cuts," but it is indeed voodoo economics as Reagan's own OMB Director claimed.
As for Biden, I agree that he is too old and has been pulled too far to the left. That said, in the last election we had a choice between one candidate who believed in democracy and the rule of law and we had a pathological lying narcissist and authoritarian proto-fascist who still holds sway over the GOP.