I went through the oil embargo 70s, a couple of Reagan recessions, a Bush I recession, all before 2000, when Republicans really got their nation-destroying chops together for some proper, world class economic irresponsibility.
The 70s was really terrible, and lasted nearly an entire decade, but yeah, everything between that and 2008 was secondary.
Still, it demonstrates that the economy is usually at its worst under Republicans, and disastrous under MAGAs.
They have the self-described reputation as economically responsible, but in reality, they always screw up the economy. Carter, Clinton, Obama, and Biden all entered office with an active Republican economic downturn of their own making, and we’re forced to clean up the Republican mess before they could get their own agenda underway.
Biden not only had an economic recovery to navigate, he also had to launch an emergency Covid vaccination program, and he accomplished both ahead of schedule. If he had dealt with the severe national security threat of MAGA, and crushed them, and kept them out of office under the 14th Amendment, he’d be one of the Top 10 presidents of all time. Instead, his Covid/Economic successes will be forgotten, and he’ll be in the bottom 15.
Yeah the failure to prosecute, mixed with allowing McConnell to stack the court instead of seating Obama’s justice, is what will define the next decade, and hopefully not much more.
Millennials out here preparing for their 5th once in a lifetime market crash.
I went through the oil embargo 70s, a couple of Reagan recessions, a Bush I recession, all before 2000, when Republicans really got their nation-destroying chops together for some proper, world class economic irresponsibility.
Those weren’t on the scale of the housing and Covid crashes. Dot con was pretty bad, but still nothing like 2007/8
The 70s was really terrible, and lasted nearly an entire decade, but yeah, everything between that and 2008 was secondary.
Still, it demonstrates that the economy is usually at its worst under Republicans, and disastrous under MAGAs.
They have the self-described reputation as economically responsible, but in reality, they always screw up the economy. Carter, Clinton, Obama, and Biden all entered office with an active Republican economic downturn of their own making, and we’re forced to clean up the Republican mess before they could get their own agenda underway.
Biden not only had an economic recovery to navigate, he also had to launch an emergency Covid vaccination program, and he accomplished both ahead of schedule. If he had dealt with the severe national security threat of MAGA, and crushed them, and kept them out of office under the 14th Amendment, he’d be one of the Top 10 presidents of all time. Instead, his Covid/Economic successes will be forgotten, and he’ll be in the bottom 15.
Yeah the failure to prosecute, mixed with allowing McConnell to stack the court instead of seating Obama’s justice, is what will define the next decade, and hopefully not much more.
Sixth for GenXers. So tired of this shit.
I’m an Oregon Trailer, are you counting the savings and loan crash, or am I missing one in the 90s?
I feel like I’m taking crazy pills.
That’s the base of the new food pyramid.
I thought it was microplastics. I know that the top is a single egg,
I’m just waiting for cheap 60xx series gpus.
Most of these “GPUs” have no video output :)
We must be cats
I finally had some 401k savings that I was getting this year. I just put it into a guaranteed fund, I ain’t gambling with this house of cards.
It’s good to have crashes regularly, that’s when you can buy on the cheap
Now if only I had money
All of mine is tied up in the stock market!
Wait
This is why the people who have lots of money love instability, they get to profit off the losses endured by people who don’t have enough to rebuild.
Let’s see 2000, 2008, 2020, what am I missing?
History rhymes so 202…