22min chapter

"Econ 102" with Noah Smith and Erik Torenberg cover image

The Vibecession & the Future Economy under Trump vs Biden with Kyla Scanlon

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Influence of Personal Experiences on Economic Perceptions and Political Outcomes

The chapter explores how personal experiences impact people's views on the economy, especially concerning the potential outcomes of a Trump victory. It discusses how Republicans and Democrats may shift their economic perceptions based on political events, education levels, and rationality. The chapter also delves into the effects of economic behavior, job creation, government borrowing, potential austerity measures, and the impact of political decisions on inflation rates and national debt under different administrations.

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