Yeah, to be absolutely clear, Trump’s change is a lie and he will be objectively worse for everyone on everything (unless you are very, very wealthy). I also think things would start to improve for the working class gradually if the voters had given Harris another four years. But the losses to the working class have been huge, and the recovery is always anemic, so things are usually a net loss for people.
Look at the Obama administration; he decided to bail out banks instead of homeowners after the 2008 subprime mortgage crisis. People argue over whether or not that was the right move (and for the record, I think that was a really fucking bad move), but pretty much everyone agrees that the recovery that he created was pretty slow. The economy did recover though, and by the end of his term, it was actually very strong. Now, if you were someone who weathered the crisis alright, great, you’re 401K got better! But if you lost your home in the mortgage crisis, got laid off, lost your life savings…that slow recovery killed you, and when Democrats start telling you that the economy is good, you’re gonna wonder what the fuck they’re talking about.
Yeah, to be absolutely clear, Trump’s change is a lie and he will be objectively worse for everyone on everything (unless you are very, very wealthy). I also think things would start to improve for the working class gradually if the voters had given Harris another four years. But the losses to the working class have been huge, and the recovery is always anemic, so things are usually a net loss for people.
Look at the Obama administration; he decided to bail out banks instead of homeowners after the 2008 subprime mortgage crisis. People argue over whether or not that was the right move (and for the record, I think that was a really fucking bad move), but pretty much everyone agrees that the recovery that he created was pretty slow. The economy did recover though, and by the end of his term, it was actually very strong. Now, if you were someone who weathered the crisis alright, great, you’re 401K got better! But if you lost your home in the mortgage crisis, got laid off, lost your life savings…that slow recovery killed you, and when Democrats start telling you that the economy is good, you’re gonna wonder what the fuck they’re talking about.