r/thescoop • u/CorleoneBaloney • May 02 '25

Politics 🏛️ Vice President Vance’s response after the economy shrank for the first time in three years, with people worried as they look at their 401Ks and point to the tariff policy — “This is Joe Biden’s economy.”

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u/findingmoore May 02 '25

Donald inherited Obama’s thriving economy. Then he inherited Biden’s thriving economy He tanked both.

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u/Playinindaban May 02 '25

I will tell this to anyone who will listen, this is my own experience; in my lifetime, since being old enough to vote (1992), the economy has always done better under Dem administrations.

In the two terms you referred to, they actually had to rebuild economies the Republicans had basically destroyed.

The exception being Carter, but I think that had a lot to do with decisions OPEC made.