junior chįmp
Mondale_was_an_insidejob
Junior Chimp
Posts: 8,394
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« on: April 30, 2021, 08:56:09 PM » |
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If one understands economic fundamentals...its really a miracle that Trump lost in 2020. The amount of fiscal spending done in 2020 is unlike anything seen in American history: Stimulus checks, PPP loans, SBA loans, generous unemployment benefits boosted income 5.8% y.o.y in 2020 which makes the 2020 COVID recession the first recession in which incomes grew substantially rather than declined or stagnated. The last time income growth was that high was during the 2000 elections in which Bush barely beat Gore but there wasnt even an incumbent that year. Realistically, any normal inoffensive Republican should of won in 2020 given the amount of spending to juice the economy.
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