Agreed on different situations, hence the difficulty of an apples-to-apples comparison.
True.
Interesting comparison, though.
Both inherited massive job losses, but for distinct reasons. Easy to argue that psychologically Obama had it worse. People went from spending like crazy with money they didn't have, (because the Market was starved for MBDs)to being out of work.
So it seemed like everything was fine one day, and then the bottom dropped out. Shock level was higher than for Biden.
The trump virus festered for a year, most of that time in secret. It took some time for things to shut down, so a lot of the shock was still under trump's reign. People sat home and lived at Amazon, spending stimulus money. (Hmm...that sounds familiar) Times were good until the Chinese inventory was gone. The massive layoffs took longer to gestate.
Biden's transition team was denied access to Covid intel by the previous administration. So on day one they were already months behind schedule. Obama never had the massive public health disaster to deal with, but he had the same exact obstructionism at every turn.
Nobody ever blamed Obama for the MBD fiasco. Lucky for him the shit hit the fan just before he took office. Otherwise, like today's inflation that people try to put on Biden, the '08 crash would have been Obama's fault.
The fascinating thing is that massive spending was required in both cases, opposed by Republicans who later took credit for aid to their collective states. Money was thrown at the problem and much of it disappeared via graft.
I think they learned from the default/eviction rates under Obama. This time they froze loan/rent payments in order to avoid mass default.
