This reputation comes from Carter fucking up the economy with stagflation, and then Reagan coming in and changing the playing field entirely.
The democrats are genuinely better for the economy by the same metrics used to make people think the Republicans knew about this stuff in the first place. It's actually gotten to the point where republicans just do what democrats previously did that they opposed.
Which is also hilarious because Carter was a pro-austerity fiscal conservative, but Reagan was all about corporate keynesianism (pitting him against the paleocon wing of the Republican party).
Yeah people forget how there was real backlash from the paleocon wing, hell, I'm still pretty sure that's who made up the core of the Reform party back in the day. Trump can probably be described as a paleocon.
Isn't it pretty clear that Nixon actually caused stagflation to be so bad in the United States? I mean, world wide it was the crash of the post war boom but I doubt Carter could've created such a big problem so quickly.
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This reputation comes from Carter fucking up the economy with stagflation, and then Reagan coming in and changing the playing field entirely.
The democrats are genuinely better for the economy by the same metrics used to make people think the Republicans knew about this stuff in the first place. It's actually gotten to the point where republicans just do what democrats previously did that they opposed.
Which is also hilarious because Carter was a pro-austerity fiscal conservative, but Reagan was all about corporate keynesianism (pitting him against the paleocon wing of the Republican party).
Yeah people forget how there was real backlash from the paleocon wing, hell, I'm still pretty sure that's who made up the core of the Reform party back in the day. Trump can probably be described as a paleocon.
Isn't it pretty clear that Nixon actually caused stagflation to be so bad in the United States? I mean, world wide it was the crash of the post war boom but I doubt Carter could've created such a big problem so quickly.
He did cause it, but no one blamed him for it. Also his economic policy was fairly new deal like.
I agree, but Nixon is lumped in with democrats as it related to that same form of FDR style economic system that existed before Reagan.
I was guilty of this type of thinking too when I was younger.
Throw me on the pile, too. I thought I was just so smart.