Prior to the pandemic, there were 26 months before the economy reached its peak after Trump's tax bill.

In this period, economic growth slowed by about two-thirds. Earlier, between Obama’s recovery act and the tax bill, the Dow grew at an average of 16.2% annually. After the tax bill that dropped to 5.8%. Before the tax bill, unemployment was dropping by about .75% annually. After the tax bill, about .25% annually.

In 2019, the Fed lowered interest rates for the first time since Bush was President to combat the slowing economy, and Trump himself complained that they didn’t commit to do more to prevent a recession. And the Trump recession officially began in February 2020 while Trump was still pretending the pandemic was a Democratic hoax.