Justin Wolfers

I think we have a billionaire president.

who's beholden to the billionaire class who just did this as a reflex.

And I don't think he actually really tried to win the argument at all.

Um, I think they've given up on the theory and it's just like, we're in control.

We take the big heart.

I might be wrong about that, but, um,

It didn't... You're the first person who asked me that question in a long time.

Right.

It's been proven to work.

Yes.

So there's a story people on the left like to tell.

It is that left wing presidents are good for the economy and right wing presidents are bad.

It does turn out, by the way, most right-wing presidents in recent decades have managed to have a healthy recession under their watch.

Equally, I don't think blaming Donald Trump for a virus coming over from Wuhan is clearly an outcome of economic policy.

Correct.

There's a story on the right they like to tell, which is Republicans are good for economic policy and Democrats are bad.

The problem is...

Much simpler than that, which is when you only get one new observation every four years, we don't have enough data to say anything particularly clear about this.

Right.

You know, because how far back in history do you want to go?