I agree with everything you said except for the bolded. Substitute âa very wonderful thingâ for âvery bad luckâ, and I would agree with your post 100%.
Yet somehow the market going gangbusters for the last 2 years didnât matter at all because BIDEN OLD and THE STOCK MARKET ONLY BENEFITS THE RICH, PEOPLE ARE HURTING TO BUY GROCERIES.
Really frustrating how only the bad news drives the narrative.
Also the American people (and voters in general all over the world where there are fair elections) tend to not like one party to stay in office too long. Bush barely getting in over Gore was the last of Reaganâs momentum.
Sorry, I donât understand how Newt Gingrich affected the 1992 election against Clinton and Perot. Pat Buchanan challenged Bush for the GOP nomination. Is that who you meant?
Of course it wonât be Biden or Kamalaâs fault if the economy falls apart here. Honestly it will be the Federal Reserveâs fault if anyones.
But that wonât matter at all and a recession now will likely result in Trump winning. Letâs just hope this is a correction and not a plunge into the abyss by November.
Gingrich fragged Bush in Congress in 1990âbasically torpedoing his presidency and kicking off the scorched-earth nihilistic Republican politics that we enjoy to this very day.
Thanks for the serious response this time. Iâm not trolling.
I was agreeing with a previous poster that a recession significantly affects the probability of an incumbant winning re-election even if the President isnât the principle cause of the recession. Recessions come and go regardless of which party is in power.
Yeah but thereâs also a time factor. A stock market downturn doesnât lead to immediate recession and layoffs, and it takes time to bombard peopleâs brains with how terrible everything is until they just internalize it (like they have with grocery and gas prices).