That is true. I just think it is less of an impact than many people seem to think. Stuff like the 08 housing market crash has a much larger impact than fear over a policy change by a POTUS (historically).
I agree here. I don’t really know much about it though TBH. I am assuming he is well qualified and has a roster of top notch economists giving him advice. Lately when I hear him say they are going to bump interest rates by another quarter percent, I think, it seems a bit much.
To be picky, Clinton repealed the Glass-Steagall act which led to the 2008 housing market crash.
Presidential orders don’t anlways affect fundamentals of the economy, but will send markets on a tailspin from time to time as investors try to interpret impact for trading dollars short term.
On the other hand declaring war, signing off on major financial policy changes et cetera can alter long term outlook, but Presidents are one piece of a much broader pie for sure, and more of a bellwether than harbinger.
Keep in mind Trump inherited a huge spending budget from Obama/Biden, Congressional Dems wouldn’t vote his repeals in to law and politicized judges appointed by Obama shot down his Executive Orders aimed at budget cuts.
Big time Dem initiative, Biden is the current mouthpiece. I don’t know that “war” is right, Biden has actually preserved drilling rights challenged by his supporters, but they certainly are aggressively pushing change where the current solution isn’t necessarily broken.
This is largely due to Covid. The gorilla in the room nobody wants to address, because Dem leadership supported and even pushed what amounted to closing the economy, and Republicans let them. But, the big push for distancing, essential business operations only et cetera definitely came from the left as the loudest champions.
Agreed this is unclear. Cyclical dips with an added Covid wild card for excitement maybe, but everyone expects a full rebound.
Unclear
Undefined
Market pressure within the software and ultimately venture capital world crashed a handful of banks. This is neither Trump nor Biden’s fault. Wall Street and the Venture Capital world are very murky, seedy and could be a novel of ignored corruption when compared to actual law. Sanctions are often lower than profits for cheating in a nutshell, so they just break laws and pay fines as operating costs, which can have terrible downstream effects.
Also agree.
It’s debatable how helpful increased interest rates have been. This delves back in to Keynesian economics, another textbook on its own. But literally this time. It’s like a tobacco addict finding relief in smoking vs. leveling off after a withdrawal and breaking the cycle. Biden could push for continuity, and consequently stability instead of aiding in cyclical perpetuity.
I listened to the RFK Jr. episode of Joe Rogan on my commute this week. In my opinion it is a very worthwhile listen. I don’t know how much of what he says is true, but it was still a very refreshing discussion to listen in on.
Why?
Because RFK Jr. is still the same guy he was when I was a liberal in the early 00’s. I regularly listened to his show called Ring of Fire on the new fad we called the internet.
He’s a 1990’s liberal, just like I was. Just like I still am in a lot of ways. Generation X knows what bullshit smells like, and there’s a long trail that you can follow in a lot of directions. That’s what RFK Jr. has always done.
In an unrelated turn of events, there will be no debates in the upcoming Democrat primary election.
I’m assuming it is true because I read it in a rag that regularly spews Democrat bullshit. From the article:
The Washington Post reported on April 20 that the national Democratic Party will “support Biden’s reelection” and “has no plans to sponsor primary debates.”
I’d also be remiss if I didn’t draw attention to the fact that RFK Jr. is much, much more jacked than Joe Biden or Donald Trump. I’m not sure about Desantis.
He’s sure as hell hanging in there for 69 years old (pictured on the right).
As far as democrats go, he’s definitely closer to center than most of his colleagues. Even though he’s a Kennedy, and nepotism doesn’t run much deeper than that (except maybe the Bush family), I like that he’s an “outsider” willing to challenge establishments and status quos. I’m not a huge fan of some of his policies but if a Dem has to be elected, I think he’d be a good choice out of the bunch. You’re not necessarily going to see “the platform/agenda” crammed down your throat through the chosen mouthpiece.
Check out Will Hurd from the Republican side. He’s close to center, and reminiscent of a late 90’s conservative compared to others.
Veteran campaigner Joe Exotic has entered his second presidential race, this time from a federal prison. I would confidently vote for Joe Exotic over Joe Biden in a Democratic primary. I can overlook some victimless murder-for-hire shenanigans and even a little animal abuse if it means no 2nd term for Joe Biden.
I know a Tiger King nomination is a bit of a long-shot, but wouldn’t it be perfect if we had a Presidential race between two inmates in federal prison?