From what I’ve seen republicans tend to ride the coattails of the person before them and *lay claim to what their predecessor accomplished. I don’t know enough about that time period to say if that was the case then but it seems likely.
That’s just the way a lot of economic policy works. A policy’s effects are not be instantaneous, but may take months or years before they are noticable depending on what they are. This lag often results in the next presidency experiencing the economic policies that were implemented by the previous presidency(s).
Some time prior to Nixon. He fucked things up bad and we’re still feeling the multiplying effects.
Nixon actually had the highest GDP growth with 3.5%. Second was Reagan at 3.48%
From what I’ve seen republicans tend to ride the coattails of the person before them and *lay claim to what their predecessor accomplished. I don’t know enough about that time period to say if that was the case then but it seems likely.
Trump’s 1st term was pretty much Reagan 2.0. If he’s going to stay with that theme, this term will be Bush (Sr.) 2.0
That’s just the way a lot of economic policy works. A policy’s effects are not be instantaneous, but may take months or years before they are noticable depending on what they are. This lag often results in the next presidency experiencing the economic policies that were implemented by the previous presidency(s).