In 1993, Clinton inherited a recession from Bush Sr. Eight years later, he left office with a budget surplus. In 2009, Obama inherited the Great Recession from Bush Jr. Eight years later, he left office with a solid economy. Four years ago, Biden inherited Trump’s Covid recession. He’s now handing Trump the economy that’s “the envy of the world.”
https://www.economist.com/special-report/2024-10-19
In four years, will Trump continue what has become a Republican presidential tradition, of leaving office with the economy in a mess (assuming he’s willing to leave office)? Liberal economist Paul Krugman weighs in with his concerns about Trump’s economic policies. Krugman is usually good about admitting when his predictions turn out wrong.
