Nobody ever seems to win when politicians start playing economics. Could be politicians don't understand economics - could be economists just don't understand nearly as much as they think they do - probably both really. Your side has a nasty habit of trying to spend their way out of a depression/recession with Keynesian logic - that just doesn't work either and leads to debt, inflation, and to a great extent explains a lot about why our labor costs are completely insane when compared to much of the rest of the world. The excuse for the failure "we didn't spend enough".
Look at the nonsense during Biden's term - the inflation, and the wage spiral - exactly what we didn't need. The UAW deal was insanity that even the absurd minimum wage hikes didn't match, but dems have always worked hand in hand with unions for votes. Ever think that antitrust regulations should be in play against unions - why should a union represent an entire industry when the companies being extorted can't work together? One word - democratic politicians and vote buying.
Trump always comes out smelling like a rose whether a NY bailout when real estate prices tank or bankruptcies that leave the investors and suppliers in the lurch. Most of us would see that (bankruptcy) as a failure; Trump is like a pig in slop - doesn't care that others got burned by his incompetence and lust for wealth.