Rebekka Lee
2 min readNov 23, 2024

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People saw the lower cost of living, and higher employment that was the result of the Obama admin, during the Trump admin, then they saw the higher cost of living, insane housing costs, and higher unemployment that was the result of how Trump c*cked up his handling of the pandemic, along with policies he pushed that harmed us. Now they will see, again, lower housing costs, lower cost of living, and lower unemployment thanks to the FED and Biden admin...and they don't even comprehend that is the case, cause of when these differences in economy took place. Rarely do you see the effects of policy on an economy during the actual administration that enacted the policies. There is a domino effect. It typically isn't till one or 2 admins later. For example, the housing crisis during both the BUSH and Obama admins. Neither of them caused that. Clinton did, with his last-minute deregulation of banks at the end of his second term. Another example will play out soon- The FED had 2 difficult options in re to our economy. Let things carry on the path triggered by the mismanagement of the pandemic, till America falls down. Or short term pain to decrease the damage. They opted for the latter. Which meant high interest rates. But now they have reached a breaking point where keeping them high will do more harm than good, so they are ALREADY on the trajectory to lower interest rates again...next year. Just as Trump is entering office again. He will get the credit for something already in the making, and unrelated to him winning again, in any way. We've also had developers cranking out new housing for a few years now, to meet demand, so cos of supply is starting to decrease and correct the market. Just in time for Trump's new term. Again, he will garner the credit for it. Also, Biden and Harris worked to get corporations to stop price gouging, cos, quite frankly, if you are increases costs cos of inflation and barely making ends meet- you don't make record profits. A good deal of the cost of living going up has not been inflation. It's been price gouging. But now that is going down thanks to the efforts of the Biden admin....just in time for Trumps new term. Again, he will get credit for the good efforts and achievements of the admin before him, simply because people are uneducated about how the economy works. Republicans will use this to get elected again. Maybe not next election, but the one after...after, yet again, Trump admin policies damage the economy, and the next President will get the blame for it, not Trump.

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Rebekka Lee
Rebekka Lee

Written by Rebekka Lee

I am just a Gypsy girl who gathered a few good people, and founded Autism Fits, in honor of my dad, and Gili Project, to help my people (Rroma Gypsies).

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