In the US it’s legal for corporations to create propaganda outlets which stream nonstop lies designed to get sensitive individuals to vote fascists. It’s impossible to have democratic elections and have completely disinformed and propagandized voters. Yet even after killing hundreds of thousands of conservative voters the courts have sided with the propaganda outlets.
When Obama elected to reinflate the housing bubble rather than provide affordable housing it set the stage for biden’s loss. But the modern housing bubble began with Clinton.
It continued through multiple neoliberal administrations because those people value markets over anything else.