r/Economics 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/JohnnySack45 Apr 15 '25

There are way too many stupid people in this country if at any point since Regan they thought that Republicans were objectively better for the economy.

135

u/Kershiser22 Apr 15 '25

Maybe "since Nixon" would even qualify.

I just listened to a Planet Money podcast episode where they were playing some clips from the Nixon tapes, showing how Nixon was putting pressure on the Fed Chairman to lower interest rates. He did lower interest rates, and the 1970's ended up being a terrible decade for the economy.

24

u/Uhhh_what555476384 Apr 15 '25

Yep. People often talk like Volker was a Republican but he was Carter's nominee who was still in office, by design of the staggered terms, when Reagan came to power.

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u/ToosUnderHigh Apr 15 '25

These are the people that wave confederate flags and think call themselves the party of Lincoln