Well the last socialist we had oversaw a 150% increase in the Dow Jones. The previous socialist before that oversaw a 225% increase. Bush and Clinton both ended their presidency with a massive economy wrecking bubble bursting. Obama left Trump an economy on the upswing and for whatever reason he and others think he is solely responsible.
America would be all kind of ****ed if Democrats or Republicans ever got to fully implement their ideology but that wont happen because the minority always obstructs the majority. Democrats are really bad at it and get walked all over but Republicans are really good at obstructing.