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In Policies' Wake: Short-Term Noise vs. Long-Term Impact
Presidential performance should not be solely judged based on every fluctuation in GDP or external factors like COVID-19; long-term policies have significant consequences. The integration of China into global trade through the WTO was a political choice that greatly affected American well-being, particularly in the Midwest. While the choice had noble intentions, its effects warrant critical evaluation over time. The analogy that short-term market behavior is like a voting machine, while long-term outcomes resemble a weighing machine, also applies to policy decisions, emphasizing that short-term volatility may obscure substantial long-lasting impact.