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OTOH, blaming/crediting the party in power for economic conditions that are really out of their control is a time-honoured logical fallacy in most democracies, or so it seems. In the end, all politicians can really do is work to mitigate when things are bad and shore up and build when things are going well. The problem seems to be that the shoring up and building often doesn't happen as governments see good times as an opportunity to turn into deficit-fighting axe wielders. It's really the old grasshopper and the ant story, except governments don't understand how to be the ant and use good times to prepare for the bad times so we are perpetually in grasshopper mode.Another strange...hmm, Tribal thing? That makes me chickle and shake my head is sombunall peeps blaming US inflation on Biden.
That can be easily falsified. The inflation is global.
Confirmation bias and motivated reasoning are part of how we work
Human beings
When I read "deficit-fighting axe wielders" I have the image of a whole Chew of Beaver marching on Ottawa :3 Well, waddling :3OTOH, blaming/crediting the party in power for economic conditions that are really out of their control is a time-honoured logical fallacy in most democracies, or so it seems. In the end, all politicians can really do is work to mitigate when things are bad and shore up and build when things are going well. The problem seems to be that the shoring up and building often doesn't happen as governments see good times as an opportunity to turn into deficit-fighting axe wielders. It's really the old grasshopper and the ant story, except governments don't understand how to be the ant and use good times to prepare for the bad times so we are perpetually in grasshopper mode.