alt Hacker News> Side effect is that the next administration gets shitty economic news.
Doesn't this analysis assume that the 2017 administration expected to lose the 2020 election?
I'm genuinely curious. What would have happened if Donald Trump had won the 2020 election? Do you think that the 2022 changes would still have come into effect, or do you think there would have been an effort to change them?
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They would have just extended them without the political baggage of keeping “trump cuts” around
Trump was beating the ‘stolen election’ drum well before the actual election. He definitely expected to lose.
That said, if he hadn’t he could have just kicked the can down the road.
It was a suckers bet for Biden to win, because any attempt to change this (and there wasn’t much) was going to get blocked. Just like Afghanistan.
I don’t really want to dive into politics too much, but no, this doesn’t require losing, but I do think he expected to lose. I think if trump won in 2020 he would have pushed for a new tax policy which preserved or even added cuts and “restarts” the cliff in the 2024 term. The “big beautiful bill” which recently passed also adds cliffs for additional stuff, and he’s claimed he wants to be elected in 2028.