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A reminder to all you far left and far right nutjobs that think Joe Biden has done nothing significant in office
(lemmy.world)
this post was submitted on 18 Jan 2024
1042 points (83.2% liked)
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You probably shouldn't open with unemployment rate to "prove" that a president did something since they have nothing to do with that. Also, great job both sidesing the far left and far right, oh enlightened centrist.
Far right narratives has convinced you that Keynesian economic policy doesn't exist and that the government is not the steward of the economy. Far left narratives also ignore the existence of Keynesian economic policy since it's a viable alternative to the things that the monetized socialists are telling you.
Meanwhile in the real world, Keynesian economic policy (are we calling it "Bidenomics" now?) worked very well from the New Deal up to the Energy Crisis of the 70s. Don't want people to think that oil dependency is an economic weakness so bring on Ronald Reagan and supply side economics!
The New Deal had actual government works programs. If the government isn't increasing employment themselves, then they're merely suggesting to the private sector that they should hire more people.