I think a lot of people forgot that before Covid hit, Trump was headed for a fairly routine reelection. Many people thought he was doing a solid job, especially on the economy. All American elections still come down to the James Carville truism, “It’s the economy, stupid!” Despite what the official metrics or stock market says, we’ve been in a “vibesession” due to inflation and elevated interest rates. Anecdotally, I…
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...