Biden's key voting blocs stressed about money, poll shows
Biden's key voting blocs stressed about money, poll shows
Stressed because we dont have any. They keep telling us things are ok, but we can see in our everyday lives that we are struggling.
Because data is reality and vibes are a feeling. Times may be tough for a lot of people, but unemployment is at a ridiculously low level and more investments keep getting made to add more jobs, further driving up wages. Wages are up even accounting for inflation, which has eased. Grocery prices are still increasing, but not as quickly as they used to. And they’re not going to decrease. That’s called deflation, and that only happens when the economy is bad… which it isn’t and demand is still high.
Housing prices are really high, but the federal government can’t do much about that when the part of the government that provides their funding is currently having a civil war over whether or not it would be better to shut down the government and create a recession or “succumb to Biden”. What would help housing prices is increasing the supply, which is hard to do when municipal zoning laws are so fucking assbackwards.
Times fuckin suck for a lot of people but a lot of industry experts kept predicting that we’d be dealing with a recession. That hasn’t happened and it won’t happen no matter how hard they keep saying it. Sure, prices would come down then but only because we’d have double digit unemployment and rising crime rates. We’re gonna have to hang in there. It’s not just the US. Show me one developed country where inflation hasn’t wrecked shit
And you are leaving out record low personal and household net worth levels (and their accompanying debt service payments) entirely from that analysis, which far far more than nullifies any gains from a bit less inflation, and I am pretty sure you are just speculating about any significant raises in wages after adjusting for inflation.
So yep, great analysis.
Oh and the knock on effects from the Panama Canal being utilized under capacity due to Climate Change related damages and the Suez Canal being basically totally unusable due in very large part to entirely predictable consequences of an Israeli genocide of Palestinians, which Biden seems so far unwilling to you know do anything meaningful about... the effects of these major shipping lanes being screwed up are actually pretty likely to break any tepid recovery of the economy, and that will become apparent even by your own non comprehensive method of economic analysis within 1 to 3 quarters.
Dont get me wrong, Trump is an insane maniac and I would obviously vote for Biden over Trump, but it would probably be better for everyone who is not an insane MAGA tard if we can all collectively, just as a first step, realize the situation we are actually in.
Unless you're among the top 2%, it's likely you're just fucked. We're all in this boat together, and it's taking on water.
Now, who are you gonna vote for? The guy with a leaky bucket who says "let's get to work," or the guy brandishing the hand drill and a nasty grin?
I will take no further questions.
We should toss them both and all their supporters overboard and sieze the ship before it's fully sunk.
The ship would definitely float longer if we took 80% of the people off it
All of us are...
Even boomers, who hold a shit ton of wealth as a generation, are fucked on average.
That year, 30% of people over 65 were economically insecure, meaning they made less than $27,180 for a single person.
Most of the ones who do have net wealth, its because they bought a house decades ago. If they sell it, it goes straight to rent.
It's why it's so infuriating when Biden tries to brag about the economy.
It's only helping a very small chunk of Americans, and he's ignoring all of us.