Rlly don’t get how people intentionally ignore economic/policy implementation lag 2001 dot com bubble ~> financial regulation ~> banks take on more risk ~> 2003 low interest rates housing boom ~> 2005 investment in subprime mortgages ~> 2006 houses peak ~> 2007 Subprime mortgages start defaulting ~> 2008/2009 Obama inherits worst economy/pile of shit since the Great Depression ~> 90months of economic growth ~> 2016 Economy is fully recovered ~> Trump inherits good economy ~> COVID ~> ehhhh