There is no big difference in economic trends between president’s first three years and Barack Obama’s last three
Economies have a stubborn habit of not co-operating with political narratives.
Now that the coronavirus has ended the boom, it is the Republicans who have been reduced to torturing the data. Nikki Haley, the former UN ambassador, made the argument succinctly on the first night of the party’s convention: “President Trump brought our economy back before, and he will bring it back again.” Donald Trump naturally gave himself the same credit in his speech on Thursday: “Within three short years, we built the strongest economy in the history of the world.
Advocates of Republican economic policies slice the data differently. Writing for the Manhattan Institute, a conservative think-tank, Noah Williams says that former vice-president Joe Biden would “return the country to economic policies responsible for the slowest economic recovery since World War 2.”
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