I'm frankly tired of both sides blaming the other, when in power or out, of being the cause of long term, big picture, economic problems.
Someone posted above about the fed hike today. That's not up to R's or D's. You want to tie it to supply chain shortages? Fair but that's a covid issue both parties had to deal with. You want to blame in in stimulus packages? They certainly play some role, but both sides did them in recent years, for different reasons, and they often had at least begrudging bipartisan support when the least knuckleheaded amongst them on both sides read the numbers.
Big picture, you want to blame tax policy? I agree. But I think its also fair to say that both sides use that system to barter for their constituencies, often without regard for long term consequence. You want to blame regulation? OK, certainly in some cases that is relevant. Oil refineries come to mind. But so do the problems we have seen with that industry and the clean up costs when regulation is lacking.
So all in all, except for discrete business types of distinct parts of the economy on a limited time basis, I just don't think politicians have as much to do with the economy as the party out of power pretends they do ... until they are next in power, and say they had no control.
Just another example of partisan politics and fundraising appealing to the lowest common denominators.
