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2 days agoI’ve been to protests; and I’ve volunteered for political campaigns. The second actually flipped a (US House) seat from red to blue (obviously the work of many people; I’m not thinking I was the deciding factor but it was a close election). The first left me with a pink hat and no noticeable change in how elected leaders acted.
I need to be convinced the protest will achieve measurable changes; otherwise I’ll spend my time looking for the upcoming elections where there are close enough margins to feel my actions make a difference.
Every Republican presidential term in my lifetime has had a recession start. None of the Democratic ones have…
Regan; one started each term. First Bush had one in his term. Clinton had none in his 2 terms. Second Bush had a HUGE one each time (dot com and great recession). Obama had none in his 2 terms. trump had one in his first term (triggered by covid & shutdowns; which his (in)actions intensified…). Biden didn’t have one (but; just barely… and only by the official definition [NBER]; he did have two negative real GDP quarters, so one could argue this point). Now we’re starting trump’s second term, so we’ll see (it’s pretty clear we’ll have a recession within 2 years).
This isn’t really debatable unless you ignore the evidence. Stock market and real GDP growth are overall way higher under Democrat presidents. One link for reference (but many more are available): https://link.springer.com/article/10.1007/s11127-021-00912-y