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2020 US Presidential Election

momoichi
correlation does not neccesarily mean causation, but from the research is can only attribute that MAYBE it was luck OR policy and i have seen 0 research debunking this, and i have done a lot of research (ok by research i mean googling but to be fair that's modern internet research) and everyone agrees democrats do better for the economy my point comes down to which presidential party has the country working smoother? democrats and that is why I'm voting biden. because economic growth equals a happier, more stable life for its citizens
momoichi
not to mention that democrats are more for comprehensive universal healthcare, more for social programs, and actually believe in climate change but economics is something everyone can agree with, so
alephy
You are correct, but for the wrong reasons. Whomever controls the money supply controls the economy. Not the president nor congress control the money supply. The chair of the fed controls the money supply and in essence controls the economy. The chair of the fed is independent and nonpartisan. Like I said. It just so happens that the chair of the fed did better under democrats then under republicans. As to why that is? I don't know. No one really knows.
jesper0
https://media.giphy.com/media/tHvxNSQ9c1Hbi/giphy.gif
momoichi
just so i understand you correctly, as I'm not sure what this exactly has to do with this, are you implying the federal reserve has biases to democratic presidents? because cant it just be that because the economy runs smoother with democrats maybe the federal reserve has less to worry about, or maybe the policies allow for easier spending from the reserve? I'm not sure what that fact has anything to do with this as it seems like your framing your argument against democratic economic prosperity by saying its not the democrats, its the reserve, but again that would imply the reserve has a bias instead of simply having an incentive. how i worded this sounds accusitory but i promise its not, I'm just trying to understand.
momoichi
"biden is so unhealthy, hes not fit to be president!" meanwhile, in realityland https://i.imgur.com/6qNE8Gl.jpg
alephy
No, as far as I know, they don't have biases towards democratic presidents. I am not implying nor ever stated that. Your reasoning is flawed. The chair of the fed does better under democratic presidents, therefore they have a bias. Why would the federal reserve have a bias? No, the chair of the fed is independent and nonpartisan.
momoichi
is it a bias to dislike venomous snakes over a garden snake? yes, but there's a reasonable bias and that is the bias the federal reserve has therefore it is not a counter argument
alephy
Think of the fed like a CEO. Under some CEOs the company does better and under other CEOs the company does worse. But the ultimate goal of the CEO is to make more profit. Just like the goal of every chair of the fed is to grow the economy.
alephy
is it a bias to dislike venomous snakes over a garden snake? What Lol? Your just implying a bias without a proper logos. Cite me articles or post videos where the fed of the chair states that they prefer democratic presidents over republican ones.
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