- Cancelling pipelines and drilling permits right as he came into office; generally pushing the decarbonization agenda and signaling to the fossil industry that he wants them out of business sooner rather than later, thus stiffling investment in the industry. We cannot expect an oil company to invest in new oil rigs or refineries when their amortization period is 30 years, but politics is signaling that they want to end oil within the next 15...
- Overstimulus. The American Rescue Plan Act of 2021 threw another $1.9 trillion onto an economy which was already flush with cash but strapped for spending opportunities. This was obviously a recipe for inflation. And it was unnecessary; by March 2021, we were already getting a handle on the pandemic, the vaccination campaign was in full swing, summer was right around the corner etc.
- Economic sanctions. It was a mistake to react to Russia's invasion of Ukraine with an all-out economic war, and with energy sanctions in particular. This approach by the West (muted military response, aggressive economic sanctions) happened under the leadership of Biden, so he bears a fair share of the blame for its fallout.
- Not doing enough to alleviate supply chain issues at the tail end of covid. He could have repealed the Jones Act, to name just one example.
- Not reacting to the imminent surge of inflation quickly enough. Both the Biden/Harris admin and the Fed kept talking about inflation being "transitory" until it was too late. This necessitated far larger interest rate hikes than would have been needed otherwise.
- Oversaturating the housing market with his reckless border policies. It surely doesn't help when the resident population of the US grows by some 8 million illegal immigrants (on top of legal immigration and natural growth) over the span of less than 4 years.
- A continuously gigantic federal deficit which is funneling extra money into the economy:
https://i.imgur.com/6TvEHwW.jpegLet's throw out the two covid years: which justification does the Biden/Harris admin have for still running a deficit in 2023 which is 70% higher than Trump's was in 2019?
Projected deficit for 2024 is just shy of $2.0T, so it's not getting any better. They'll still be blaming Trump 4 years from now, even if Harris wins.