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by winkwinkwink
597 days ago
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No it wasn't obvious that Trump was headed to a routine reelection. In 2019, the sense was the economy was slowing down. If not for the tariffs on Chinese goods, the normal business cycle had it that a recession was coming in 2020. Trump publicly pressured the Federal Reserve to keep interest rates low so he could campaign on the economy. Had he not intervened inflation probably wouldn't have been so high in the years to follow. https://www.nytimes.com/2019/09/11/business/economy/bonehead... |
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