• AnneBonny@lemmy.dbzer0.com
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    8 months ago

    “We have an economy that is incredible,” he went on to say, reflective of last year’s strong labor market gains. “We have an economy that is so fragile. And the only reason it’s running now is it’s running off the fumes of what we did—what the Trump administration did. It’s just running off the fumes.”

    “And when there’s a crash, I hope it’s going to be during these next twelve months, because I don’t want to be Herbert Hoover,” he continued, referring to the president when the Great Depression hit in 1929. “The one president—I just don’t want to be Herbert Hoover.”

    I think the reason he provides seems stranger than merely wishing for the economy to crash because it might improve his chances of being re-elected.

  • Cyborganism@lemmy.ca
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    8 months ago

    Giancarlo Esposito.jpg

    I want the economy to crash because a good economy doesn’t even help the average person. Only the rich corporate elites. And I want them to burn.

    We are not the same.

    • UnderpantsWeevil@lemmy.world
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      8 months ago

      Dude’s subtle as a heart attack, but it isn’t exactly news that market downturns pair well with incumbents losing their jobs.

      I’m sure he’s also hoping and praying for a big hurricane, a new wave of police-protests, another big supply shock to grocery stories, and maybe a pandemic or two to round things out. But when he’s got substantially less control over that shit now than he did four years ago, its a moot point.

      Biden will keep the bubble economy inflated until after November. The police have been comically overstuffed to discourage any kind of public protests. We’re simply not going to cover the COVID spike, so you can all just fuck off and die in obscurity. And if he does half as well as Obama did after Hurricane Sandy, a big storm will do him more good than harm. Particularly if it fucks over Texas or Florida, forcing those governors to come to him hat-in-hand like Christie did back in '14.

      What Trump really needs to bank on is that the GOP establishment in the swing red states back him like Jeb backed George in '00. And that’s going to be a harder sell in '24, simply because so many of those same governors are going to be resentful of him in the wake of the primaries.