• @tal
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    2 months ago

    And Trump is leading in the polls.

    I was actually looking at some polls recently, and that was the area in which he scored the most-strongly versus Biden, on the economy.

    In general, Americans tend to ascribe a lot of credit or blame to a president for whatever happens with the economy, regardless of whether the president has much to do with it or whether another president would likely do something different. That’s a long-running phenomenon, predates the present era.

    I also posted another, older poll – IIRC this one covering Americans, Germans, and Brazillians – that showed that the public profoundly dislikes inflation. In particular, when asked in that poll, the public would rather have a recession than see high inflation, though normally consensus among economists as to which is more of a concern is the opposite.

    • The Snark Urge
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      22 months ago

      Economic theorists haven’t exactly been a friend to the working class