1) No one person is responsible for the economy. The economy is affected by war, disease, supply chain issues, changing demographics (Boomers retiring and dying WOLRDWIDE), and sometimes very temporarily by a world leader who may threaten war or sweeping economic action.
2) Obama was vilified for his handling of the economy...that is true. ALL Presidents are vilified over their handling of the economy, because that's what opponents of any given President will do...because that's a hot button issue for voters - "It's the economy, stupid." It was incorrect to do so. Obama inherited the worst economic situation in my lifetime (NOT Bush's fault by the way), and he did nothing to muck up the recovery. We went from losing hundreds of thousands of jobs monthly to job growth during Obama's term. The Dow bottomed at ~6,400 in March of Obama's first year, and it was at just under 18,000 at the end of his presidency. The Dow went up in 7 of Obama's 8 years and the one year it went down, it was down just 2.23%. In 2016, his last year in office, the Dow went up 13.42%.
3) You are just flat wrong about Biden and gas prices. The gas price spike was due to inflation caused by the pandemic mostly. Biden appeased Democrats by not giving out more permits for drilling on government land. Empty move. Political move, but it did nothing other than make some know-nothing environmentalists continue to like him. US oil companies have more than 9,100 permits that they aren't using, and it's not because of anything Biden has said or done. The US is going electric. The car companies are following suit. Biden didn't create that demand and action by car companies. Electric vehicles have superior performance. People want the convenience of charging the car at their home. Americans especially want the latest and greatest, and internal combustion engines isn't it. With your stance on Biden and gas prices, how to you explain that I can fill up for $2.79 a gallon in my town today when it was over $5 a gallon in the summer? Has Biden changed his stance on oil? Has he opened up more federal land for drilling? Your view on this is just wrong.
4) Summers is a fool, your irrelevant story about him notwithstanding. You should not like someone just because they say something that is controversial. There has to be truth in what is said, and Summers is just wrong...well again, what he is SAYING is wrong. I'm not sure he 100% believes what he's saying. He's performing for an audience that is willing to eat his crap up.
You SHOULD go for a run. You aren't good at this economy discussion stuff.
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