2020: policies put in place under this administration will come home to roost during the next administration, which will get the blame.
This lag between economic policy and outcomes is a big reason the US has such a disingenuous public debate. Getting what you can in the short term, while being deceptive about long term effects, has become a good strategy. [1]
[1] https://mobile.nytimes.com/2017/12/18/opinion/republicans-ta...
“The essence of this strategy is to take tax policy out of the hands of experts and entrust it to activists. These campaigns do not usually have much credibility with card-carrying economists. ”
This lag between economic policy and outcomes is a big reason the US has such a disingenuous public debate. Getting what you can in the short term, while being deceptive about long term effects, has become a good strategy. [1]
[1] https://mobile.nytimes.com/2017/12/18/opinion/republicans-ta... “The essence of this strategy is to take tax policy out of the hands of experts and entrust it to activists. These campaigns do not usually have much credibility with card-carrying economists. ”