I actually agree that the GOP tanks the economy whenever they have power. And it should be studied why and how USians *forget* this regularly. - ThreadSky

prisonculture.bsky.social • 59 days ago

I actually agree that the GOP tanks the economy whenever they have power. And it should be studied why and how USians *forget* this regularly.

Reposted from The New Republic

The last three Republican presidents wrecked the economy. The last three Democratic presidents had to fix things. newrepublic.com/article/1933...

Comments

gwilsonian.bsky.social•57 days ago

It HAS been studied in the book “Unequal Democracy” by Larry Bartels

gwilsonian.bsky.social•57 days ago

https://www.goodreads.com/book/show/2705879

votecnp.bsky.social•59 days ago

True, though this will be much, much worse than normal.

The Great #TrumpDepression has already begun. Prepare as best you can.

juliebwriter.bsky.social•59 days ago

Because it takes about five years for the corrective policies to gain traction. Additionally, the GOP has had the benefit of a 24 hour positive spin channel that is forced into cable coverage free of charge that cable customers unwittingly paid for

https://www.mediamatters.org/carriage-fees/cable-companies-may-force-their-customers-prop-fox-nations-unpopular-content

himham.bsky.social•59 days ago

This is a really silly article to be putting out right now. Very "business as usual".

Yes, the GOP is always awful and always lies. They always pretend they'll help the economy and then just enrich themselves

It's not the same as what's happening now and to pretend that's the case is sane washing.

k0nrad.bsky.social•59 days ago

Isn't that hopeful news for the US with a president that will fight there ever being another democratic president …

tgshepherdvan.bsky.social•58 days ago

Because they desperately want to believe that hurting the people they hate is a moral good and will help them.

kjmooremusic.bsky.social•58 days ago

It’s staggering how little GOP voters understand abt this country & how it works.

altrocks.bsky.social•58 days ago

Americans buy cheap copper bracelets hoping it will cure their arthritis. People spend billions on already debunked junk every year. But the marketing works and they keep buying them. GOP runs on a similar principle. They tell white folks that they can fix all their problems and they keep buying it.

spaghootighost.bsky.social•58 days ago

"Forget" implies that it ever gets recognized, but I'm not sure it does. I don't think our national narrative ever truly acknowledges that conservative economics and governance are a relentless failure even just in economic terms.

Somehow someone or something else is always blamed.

spaghootighost.bsky.social•58 days ago

We're always looking for a "balance" narrative, and if the Rs are only terrible, we have to invent some things they are good at.

freeloadersb.bsky.social•59 days ago

The media never pushes this narrative. It’s always about the excesses of liberal spending and the need to reign in big government.

michaelvitamin.bsky.social•59 days ago

Republicans are bad for economic growth

They are bad for jobs.

wallamide.bsky.social•58 days ago

it's always "class war this" never "we're actively in a constant culture war that produces multiple forms of attention dominance and distractions that prevent us from recognizing that we're collectively subjugated under an imperial system of relationship that creates their own reality"

sampflugrath.bsky.social•59 days ago

Americans tend to credit elected officials for the good policies, and hold them responsible for the bad policies, of their ideologically-opposed predecessors.

sampflugrath.bsky.social•59 days ago

Democrats tend to fix the economies they inherit from Republicans, and Republicans tend to wreck the economies they inherit from Democrats; and yet a lot of Americans somehow look at this and interpret it as "Democrats in power means a bad economy, but Republicans in power means a good economy!"

knowbetterbebetter.bsky.social•58 days ago

Not just forget but actively seek out the GOP for their economic policies

erinnthered.bsky.social•59 days ago

Does that get reported much, or at all? I don't think most people know that. If the news media treats conservative econ policy like it works, then twice a year releases one article on how it doesn't, with no tv coverage, is that informing the public?

satanicmechanic.bsky.social•59 days ago

Because the rich/powerful do not comprehend that there is a difference between whats "good for them" short term (lowering taxes/regulations) and whats good for them long term (the economy). They assume one goes hand in hand with the other because it's not like they sacrifice anything in their life

satanicmechanic.bsky.social•59 days ago

And it definitely doesn't help that the stock market is based on vibes

rainsong.cloud•58 days ago

Every conservative I've ever heard speak on it just argues that it's delayed effects from when Democrats were in power. Every time.

numbcat9.bsky.social•59 days ago

Mainstream media never covers it and there is no left media in this country that anyone reads or watches regularly. So there isn’t anything to preserve that memory or to tell them what’s happening.

What they’re forgetting is a thing the media are currently configured to help make them forget.

thereeljon.mov•58 days ago

Mainly because despite it being the reality, corporate news, especially financial news outlets, will never admit to it because Republican policies benefit the corporate class, so they will lie through their teeth to convince the rest of us that economies do better under them.

ikacprzak.bsky.social•58 days ago

The dems need to constantly remind people of this

twilightda5h.bsky.social•58 days ago

When I was younger and running in more conservative circles, I often heard that there was a “delay” in the market of about 2-4 years so that Republicans could claim they were fixing it. The amount of mental gymnastics…..

wscotgrey.bsky.social•59 days ago

*bangs on drum

Because Fox News is a propaganda network.

timcon8.bsky.social•58 days ago

Truth

lmh82.bsky.social•59 days ago

Because it's what gets Dems elected, and when we course correct, people think we don't need Dems to keep it going, and they elect a Republican again. Rinse and repeat.

troubleme.bsky.social•59 days ago

It takes 3 or 4 yrs to turn the economy around (longer after the 2008 crash) and so the D’s get blamed for what they inherited and the R’s take credit for the stronger economy they inherit. Somehow that seesaw and the false narrative w/it persist. The media must play a significant role.

winniethewitch.bsky.social•58 days ago

Since the GOP is identified with the Rich while Dems are the only ones who even give lip service to the Poor the former are falsely assumed to be better at money management then the latter.

dialabama.bsky.social•58 days ago

True

ashleylatke.bsky.social•59 days ago

We actually have one system here that works incredibly well, and that’s the corporate propaganda system aka news media

elemen.bsky.social•59 days ago

So many people tied to the illusion of the two-party system.

juandefuca.bsky.social•59 days ago

"generational buying opportunities" for the rich to get richer is well taken care of under GOP administrations...

sinboy.bsky.social•58 days ago

There's "tank the stock market" level of destroy the economy, and then there's "destroy America's standing in global markets in a way that they'll never recover from" level, which seems worse.

nlanc.bsky.social•59 days ago

That "forgetting" is important, but Trump is tanking the economy harder & faster than any previous GOP president (including himself in his 1st term), because he has fewer "traditional" Repub business ppl as donors, advisors, or appointees His most important donors are Miriam Adelson & Elon Musk. +

nlanc.bsky.social•59 days ago

+The non-economic actions his admin is taking, especially via DOGE, are also weakening or eliminating infrastructure that many businesses depend on, & creating a climate of uncertainty & fear that are really bad for business in general (though of course they're also big opportunities for some).

msrpaul.bsky.social•59 days ago

How do we get the MSM to self report when it’s interest are not to? It’s a trap for sure with no obvious way out when big media are dying and no known source is coming along with the power or reach to correct this ugly course.

hanktuff.bsky.social•59 days ago

wonder if the cycle is republicans push through what both parties want to do and the dems create the actual policy and laws that cements what the republicans did.

axewave.net•58 days ago

ding ding ding! its not that "both sides are the same," its that they are playing good cop / bad cop to serve the rest of us up to the same masters.

thewza.bsky.social•58 days ago

Do we forget or do far too many of us never learn it in the first place? Asking because I think that's where the resolution may be.

alexignatiev.bsky.social•59 days ago

The answer is the culture war.

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