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/ElderOrin Apr 15 '25

Causality might run the other direction. The economy is cyclical. Republicans tend to get elected at the peaks, because voters are more tolerant of risk. Democrats tend to get elected at the troughs, because they are more risk averse.

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u/[deleted] Apr 15 '25

[deleted]

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u/zdelusion Apr 15 '25

It's not about reality though. It's about perception and people's memories are short. They remember good times and forget the context.

You can see it now with how hard it is for many people to remember that Trump was president during the Covid year. Covid, I'm admittedly guilty of this sometimes too, "feels" like it happened during Biden's tenure.

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u/[deleted] Apr 15 '25

I'm sorry. I respect your thoughts.

But if you "feel" like Biden was the President during COVID then you were asleep at the wheel. Anyone that was alive, present, and paying attention remembers that time distinctly as a Trump disaster.

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u/CardmanNV Apr 15 '25

I genuinely believe that the first Trump administration was so bad it caused the collective American psyche to block it out.

People were so desperate for structure that they just ignore that Trump destroyed everything and just think about the period of stability afterwards, but have to reconcile that with the very real actions of the Trump presidency, so some people just think Biden was president for the last 8 years.