…but let’s not lose our perspective, too!
We stopped Bernie Madoff only after he lost the life’s savings of several million American homeowners during the 2008 financial crisis. We prosecuted the Enron CEOs after they inflated their earnings and crashed their company. And now, we have another example of the watchdogs of American society nabbing the bad guy after they did their unholy deed, got away with it, went straight to the bank, and then added it to their net assets.
But kudos to the voices of reason who helped us navigate the difficult waters of the Trump era. If now, we get to take stock of what really happened. During the Trump presidency, US inflation decreased from 2.2% in 2017 to 1.6% by the end of 2020. The unemployment rate decreased from 4.7% in 2017 to 3.5% just before the coronavirus pandemic.
domesticatedzebra 