One of the amazing political achievements of Republicans in this election cycle has been their ability, at least so far, to send Donald Trump’s last year in office down the memory hole. Voters are supposed to remember the good economy of January 2020, with its combination of low unemployment and low inflation, while forgetting about the plague year that followed.
Since Trump’s romp in the Super Tuesday primaries, however, the ex-president and his surrogates have begun trying to pull off an even more impressive act of revisionism: portraying his entire presidency — even 2020, that awful first pandemic year — as pure magnificence. On Wednesday, Representative Elise Stefanik, the chair of the House Republican Conference, tried echoing Ronald Reagan: “Are you better off today than you were four years ago?”
And Trump himself, in his Tuesday night victory speech, reflected wistfully on his time in office as one in which “our country was coming together.”
So let’s set the record straight: 2020 — the fourth quarter, if you will, of Trump’s presidency — was a nightmare. And part of what made it a nightmare was the fact that America was led by a man who responded to a deadly crisis with denial, magical thinking and, above all, total selfishness — focused at every stage not on the needs of the nation but on what he thought would make him look good.
Before I get there, a quick note to Stefanik: When Reagan delivered his famous line, America was suffering from a nasty combination of high unemployment and high inflation. March 2024 looks very different. While we, like other major economies, experienced a bout of inflation during the postpandemic recovery, most workers have experienced wage gains considerably larger than the price increase. And President Biden is currently presiding over a remarkable episode of “immaculate disinflation”: rapidly falling inflation with unemployment near a 50-year low.
But while even a focus on early 2020 doesn’t tell the story Republicans think it does, what we really should be discussing is what happened to America when the coronavirus arrived.
