Yes, especially if your username is "mlcrypto."

>and the Tax Cut Jobs act of 2017 changes (section 174) requiring capitalization of everything softwsre development related except bug fixes went into effect for tax year 2022.

Seems like a stretch. "Software Development Job Postings on Indeed in the United States"[1] was up into the beginning of 2022. The tax changes were known in advance for years. If the tax code changes were a significant factor, why did companies hire a bunch of people in 2021, knowing that when 2022 rolled around there would be massive taxes?

[1] https://fred.stlouisfed.org/series/IHLIDXUSTPSOFTDEVE

Yeah. This is a thing lot of people don't understand or see . When they think of Software Developers - they tend to focus on SV companies or FANG. But most software devs work in corporate IT. In that world, IT is a cost center and rarely a profit center. So when cost of anything rises and they need to cut back to boast revenue numbers - it's always the cost center that takes the first hit. In this case, the cost of borrowing dramatically went up.

It is rather annoying that larger policy changes easily take 2-4 years to actually affect anything so current party always gets both blame and thanks for the changes made by the previous administration.

Democrats insisted on COVID restrictions that were more like religion than science and then they just stopped and everyone was fine. The medical outcomes good and bad still happened, some of them just delayed.

The length and intensity of the restrictions were unnecessary, and the economic consequences of giving away trillions of dollars during them are why we’re in this economic situation.

What would have changed if the restrictions were 6 or 12 months shorter? Nothing.

Well, if you remember the 2016 elections, Trump was saying that the economy was extremely bad and disastrous. Then, within his first month of presidency, suddenly, the same numbers were extremely good because of him. During the Obama presidency, there had been a growth of 227000 jobs per month which became a growth of only 36000 jobs during the Trump years. During the last two years of Obama, the annual median household increased $4800, but only $1400 during the first two years of Trump. And then, under Biden the same annual median income was of $3250. And I could go on like that, except on the house prices which is the area where the pattern does not stand. So there are two things here: - Even if has been saying for the last months/years that the economy was a disaster,Trump will say within the first month of his presidency that the economy is already doing better immediately, while the numbers will be the very same at first. And when the economy will falter later on just like during his first term, his supporters won't mind because... - This election was not at all about the economy. This argument is an excuse for the real reasons why many Americans vote: more and more are susceptible to the cult of personality and to the progression of the most radical right-wing extremism ideas.

Yeah. Unless a POTUS is in for 8 years they almost never get to experience the full results of their economic policies.

Biden inherited an inflation time bomb which has been handled. I expect Trump will claim he fixed inflation the first report that comes out after the inauguration.

They do have an instantaneous effect. The unemployment rate is toggled using interest rates and the impact is seen immediately.