No. of Recommendations: 8
That aside, I thought of two more "Trump good things" in answer to ges' challenge.
Low energy prices.(This very much ties into inflation.) Energy prices skyrocketed after the Russian invasion of Ukraine. If you're going to excuse Trump for Covid, you need to excuse Biden for the Russian invasion, yes? Or if not, which of the two is more Russia-friendly? Who did Russia support in their meddling in the 2016 election?
Many sources, but here's one:
Nature: The impact of Russia–Ukraine war on crude oil prices: an EMC framework.
An objective analysis of the effects of the Russia–Ukraine war on the crude oil market can assist relevant entities in developing both short-term emergency strategies and long-term response plans...The results of the multiresolution causality testing reveal a significant one-way causality between the Russia–Ukraine war and crude oil prices. Afterward, using the event analysis based on variational mode decomposition (VMD), from October 1, 2021, to August 25, 2022, as the event window, we found that the war and its chain events caused the West Texas Intermediate (WTI) crude oil prices to increase by $37.14, a 52.33% surge, and the Brent crude oil price to rise by $41.49, a 56.33% increase. During the event window, the Russia–Ukraine war can account for 70.72% and 73.62% of the fluctuation in WTI and Brent crude oil prices, respectively. Furthermore, the war amplified oil price volatility and fundamentally altered the trend of crude oil prices.
