Trump’s Economic Policies: A Republican Pattern of Recession?
A recent survey reveals significant recessionary concerns among corporate CFOs. This pattern, repeating since 1990, sees Republican administrations followed by Democratic cleanups, often framed negatively by the media. The 1990-91 recession, linked to the S&L crisis and the Gulf War, exemplifies this cycle, highlighting the role of neoliberal ideology. Conversely, Bill Clinton inherited a struggling economy and presided over job growth, income increases, and a budget surplus. This demonstrates a recurring trend of economic mismanagement followed by Democratic recovery.