The Roads to Nostalgia about Trump's economy

So, Covid came along and saved Trump's ass?

A great reminder. Thanks again Beau. ❤

most gangsterous "told yuh so" video I ever did see.

Participation bias or non-response bias is a phenomenon in which the results of elections, studies, polls, etc. become non-representative because the participants disproportionately possess certain traits which affect the outcome.

Nicely done. I have wondered several times about 5y ago Beau and the kinder, gentler Beau of today.

first case of covid was in nov or dec 2019.

covid became known as a novel disease being spread in Jan 2020.

covid became a POSSIBLY threat to the US in late Jan 2020.
the earliest economic affects of covid were fed 2020, and realistically, it did not have any major effects in the US until Late Feb thru April, idk when exactly it really started affecting things.

I do not know when the recession in the US started, but i'm fairly sure it was mi to lat Q1 2020.

Beau has been pointing out a recession was looming even before then, like this video points out, but it seems to have held off until covid hit.

Thanks for the reminder.

Brilliant!

Four years ago, I read countless posts, stating, "My 401K is flying high!" That’s all they cared about.

Extremely interesting. I’ve learned slouch from your channel.

What the heck was that ad preceding this?

April 2019. The Yield Curve inverted. It was a MASSIVE inversion, which meant that recession wasn't only on the way, it was going to be devastating.
I knew that BECAUSE OF THE PANDEMIC, on the other side would be MASSIVE GROWTH in small businesses...because people had time to think about something different.

There is no good outcome with Dixiecrat Republicans in charge. They hate Americans and our LIBERTY.

There's a lesson here. A conclusion to be drawn. A set of things that were known and unknown. Put things in order, ask skeptical questions, and then look for the answers.

so let me get this straight. You are such a biden shill that you made this video in 2019 to hurt Trump in the lead up to the 2024 election? Asking for a friend.

I remember that video.

In my 54 years there are certain things that are true.
Democrats grow the economy and republicans shrink it.
Keep in mind; that money in your pocket is not yours. It’s theirs.

Oh, yes

The old shed!!

Trump economy was great for developing our survival instincts

This is true but when people feel nostalgia for trump's economy they are talking about prices. The other indicators mean nothing to them. Price increases of 25% is what affects them. They don't want to blame covid. They want someone to blame and they are blaming Joe Biden.
The majority of people in this country have no idea how the economy works. They actually think that if trump wins, the prices will go back to 2019 levels.

I'm seeing a lot of news outlets indicate the economy is in dire straits. That may be the case but it's pretty convenient propaganda for anyone trying to get Trump a second term.

They will never see the light. Their heads are too far up a very dark place for any light to get in.

Have explained many times tump inherited a good economy and all he had to do was let it run. Not one republican will believe you.

Obama handed off a booming economy to Trump, and it stayed that way for about 2 years, and economists were sounding the alarm just over a year into Trump's first term that Trump's policies were sending America careening into a recession, and if COVID never happened, it would only have postponed the impending recession for a year or two.

Great video again!

Thanks Beau, thanks again

Lack of competent leadership during a pandemic was less than helpful. From a street-level perspective, TFG and his enablers were no friends to our country.
I have no fond memories of grocery store shelves with flour, sugar, milk, bread, meat, eggs, peanut butter and other items out of stock.
I do not long for the days of hoping a government stimulus check might arrive to help people in need.

It's a very well known phenomenon that the policies set up by a previous administration will continue into the early months or years of a new administration, purely because it takes time to go through every single department and replace all of the workers the previous administration hired and overhaul their internal practices. This is one of the reasons the early years of a bad government can look so good and the early years of a competent government can look so bad. A vengeful outgoing government can even salt the earth for the incoming government in a way by firing their good workers just prior to handing over the reins. I can guarantee that the tangerine took advantage of that in both directions.

This isn't limited to America, either. I'm Australian and very happy with our new party in power as of 2022, but the previous party was so rubbish and in power for so long that people are still complaining about crap that hasn't been fixed and wrongly attributing it to the new government.

I remember when the yield curve inverted.

The thing I remember most fondly about the Trump administration is that it ended.

Herbert Hoover also presided over a booming economy, up until the stock market crash in October 1929. It's easy to preside over good times that are inherited...you just don't rock the boat. What matters is how a president reacts to a crisis. Hoover botched his response to the Depression, Trump botched his response to Covid. Our great-grandparents had the wisdom not to let Republicans back in office for decades.

thank you for the " trip down memory lane " 🤣 well done . 🥃

I hold Trump responsible for the pandemic.* In Trump's first year in office, he dismantled a number of key agencies that were put in place, since the Bush years, to monitor and contained deadly pandemics abroad. They were highly effective against a wide number of pandemics, and thanks to Trump, they have been slowing getting into the country. And several months before the pandemic hit the states, he actively covered-up the pandemic brewing in China and did nothing to contain it, and when it hit the US, he actively worked against all efforts to contain the outbreak and minimize deaths. All for what? The outbreak would take the limelight away from the job-numbers at the time, and Anthony Fauci was making him look bad.

*And before Trump fanboys get on me about the CPC cover-up thing: Yes they enabled the pandemic to happen with the cover-up, but there are plenty of blame to throw around; and your opinions are too damn unmoored from reality to really matter in anything. For example: Its hard to say you are "pro-life" anything when you wanted people to needlessly "die for the good of the economy."

I started collecting tools/machines in 07-08 durring the second great recession, went legit april fools 2013 built the business up until 2018... then chump got "elected" Sep 2019 5 mills closed, 3 for good, timber prices haven't come back... been scraping by ever since, this year or next I might be able to expand again... its been a rough road to hoe... Chump gets "elected" again I doubt I'll be able to hold on.

I remember some idiot trump sycophant writing an article claiming “the shelves were never empty when trump was in office!” On some opinion piece a couple years back, luckily I took a photo of a local store in my area from around the end of 2019 or maybe around early 2020, shelves completely bare of anything that people could get ahold of during the initial panic over Covid and paired the excerpt from the article and my picture together and posted it online, goes without saying that it got quite the reaction lol

Its hard to argue with people when we used to have money in our pockets and the ability to spend on things we didn't need. Before trump wasn't bad as long as you didn't want to drive far, and before that we made way less but it went so much farther. I personally think both major parties should be straight up banned.

This checks out. I used to work for an auction house and this is how the people's economy actually played out in that quarter

So Trump all bad all outher good got it

I remind my friends to look at Aug.14, 2019 markets prepandemic.

Ex-Guy coasted in on Obamas work and his tariffs tanked the farmers and his butchering of the emergency preparedness programs and agencies topped off with Covid debacle….

I lack any nostalgia for the trump reign of incompetence.

TFG will destroy the economy. Those who miss his economy, are the ones who profited off of it. You never hear a middle-class person, who's being serious, say that they did well with TFG's economy. Trickledown economics has never ever worked. Biden picked up some dangerous pieces and put the puzzle back together again. I'm not an economist, but I was a finance officer for years and I understand it somewhat. Give him 4 more years and it will be much better! But give him the House and Senate too and watch this country grow! Vote Blue!

Thank you Beau

It wasn't Carters fault that OPEC slashed production in the late 70s, but we didn't give him a free pass for that

I hate Trump but the fact that inflation is gone so high from corporate greed is pretty much Biden's fault for not taking action.

I dont remember nostalgia during the Trump years. I remembered trauma. I remembered my blood pressure going up. I remember my having to double my blood pressure medication dosage. Yes, the good times rme

Your gaslighting bill must be extraordinarily high, Beau.

It surprises me how many people forget Trump's Tr4ade Wars, the inflation they caused, the loss of jibs,m AND THE LOOMING RECESSION THEY HELPED CREATE. The economy in the first year of any President's term will be largely determined by their predecessor. They will not even propose a budget for several months. I am willing to give Trump the economic downturn in 2020 was mainly COVID, and I cannot quantify how much a "good" response would have changed things. So my question is, how did Trump do in 2018 and 2019?

How did that saying go...? When there is blood on the streets, buy property. Quote from Rothschild. Actualy this one is from that movie with Denzel and Jodie. The one Rothchild said is 'The time to buy is when there's blood in the streets, even if the blood is your own.'

My family bought our house at that time. It was initially beyond our means but because of the market indicators, we were able to pick it up well below market cost. There were a number of things that had to happen for us to afford the house, but because the market was weak and then turned around after Covid-19, we still own the place