That's right. it's sorta cyclic. Democrats fix the economy, conservative small government, deregulation ideologues cut safety nets, exacerbate wealth inequity, cut taxes and safety nets more, disrupt financial markets and drive inflation. See the UK. Democrats mend the fracturing economy again.
It was Plato who said, “He, O men, is the wisest, who like Socrates, knows that his wisdom is in truth worth nothing”