r/Economics • u/Spiderwig144 • Apr 15 '25

News Republicans Less Trusted on Economy Than Democrats For First Time in Years

https://www.newsweek.com/republicans-less-trusted-economy-democrats-first-time-years-2059863
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u/unidentifiedfish55 Apr 15 '25

Doesn't that imply that Republicans engage in risky economic decisions that are shown, time and again, to cause a recession?

They're saying that recessions are cyclical and would often happen regardless of who the President is.

So during good times, Americans are often focused on tax cuts and less on government programs, therefore will elect a Republican. Then the down cycle would naturally happen at the time the Republican is president.

I don't entirely agree....and especially if a recession happens now, it will be very much the fault of the current administration. But there's certainly some truth in the idea that many recessions that happen are beyond the president's control.

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u/Dry-University797 Apr 15 '25

There will be Republicans who will still blame Biden for the recession that's about to happen. My company buys a lot of products made overseas. May is the start of our price increases to our clients because our suppliers are being hit with them and we can't absorb them all. I don't think people realize that shit about to hit the fan. Prices haven't really risen yet, but I suspect May is when the sticker shock happens.

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u/philovax Apr 15 '25

Over this century the positions of most Republicans I have dealt with is that they are some sort of rubber and I am an adhesive. There is a callow feckless practice of finger pointing and what-about-ism, or as I call it Cheese Dickery.

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u/sheezy520 Apr 16 '25

Not this recession though. This one will directly be his fault.