A new CBS News/YouGov poll showed that Americans are increasingly critical of Trump’s handling of the economy, and that more people are blaming him than a month earlier. It surveyed 2,410 U.S. adults from April 8 to 11.

When asked whose policies are more responsible for the state of the economy, 54% said they believe Trump’s policies are more to blame. Only 21% said they believe Biden’s policies are to blame. 20% said both of their policies are equally to blame, while 5% said neither are to blame for the state of the economy.

This compares to a March CBS News poll, when 38% of respondents said they blamed Biden for inflation, while only 34% blamed Trump.

A poll from YouGov and The Economist also showed that more Americans are blaming Trump for the economy.

  • kobra@lemm.ee
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    14 hours ago

    I remember when a democrat balanced the budget and gave the US a surplus from 1998-2001

    • kibiz0r@midwest.social
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      12 hours ago

      And destroyed the economy as a result.

      Public sector growth (federal budget surplus) is private sector atrophy.

      You can keep the charade going through risky debt, like mortgage-backed securities. But since there’s no new money entering the economy, those will eventually collapse. And they did.

      • kobra@lemm.ee
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        12 hours ago

        Whatever flaws the Clinton plan had, it was followed by 9/11 and GWB/Obama so I’m not sure how you go back and blame Clinton for that? This feels like blaming Clinton for not having a perfect solution.

        • kibiz0r@midwest.social
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          11 hours ago

          I’m not super interested in blame here. Clinton did something dumb. GWB didn’t undo it.

          But neither of them invented this obsession with retiring the US debt — which would in fact retire the US dollar.

          It’s not the first time we’ve balanced the budget, after all.

          History tells the tale. The federal government has achieved fiscal balance (even surpluses) in just seven periods since 1776, bringing in enough revenue to cover all of its spending during 1817-21, 1823-36, 1852-57, 1867-73, 1880-93, 1920-30 and 1998-2001. We have also experienced six depressions. They began in 1819, 1837, 1857, 1873, 1893 and 1929.

          Do you see the correlation?

          The one exception occurred in the late 1990s and early 2000s, when the dot-com and housing bubbles fueled a consumption binge that delayed the harmful effects of the Clinton surpluses until the Great Recession of 2007-09.