• @[email protected]
    link
    fedilink
    162 years ago

    Well, the media has worked very very hard to paint Biden in the worst possible light and not give him credit for anything other than putting on his pants each morning, so its no wonder people feel that way.

    The fact is that our economy is booming. We will need to adjust out GDP upward before the end of the year if the strikes don’t hurt. Virtually every country in the rest of the world has huge economic problems compared to the US.

    • @[email protected]
      link
      fedilink
      1
      edit-2
      2 years ago

      Pulling your own pants on when you have dementia is no easy feat. He deserves to be celebrated for it.

    • @[email protected]
      link
      fedilink
      12 years ago

      not give him credit for anything other than putting on his pants each morning

      Conservative media doesn’t even give him credit for that much. Or haven’t you heard the rumors Biden has advanced dementia and his team of handlers have to dress him before leading him to public appearances?

      I mean, given how the White House handled Reagan’s Alzheimer’s symptoms in the last years of his presidency, it wouldn’t be outside the bounds of possibility. But still…

    • Jeremy [Iowa]
      link
      fedilink
      English
      192 years ago

      On the other hand, when wage growth continually fails to even come close to inflation, the rah rah economy gaslighting falls a bit flat.

        • @[email protected]
          cake
          link
          fedilink
          32 years ago

          I think they used it correctly. This whole thing feels like 2010 all over again. We all know things are on fire and the government/media keeps saying how great it all is.

        • @[email protected]
          link
          fedilink
          102 years ago

          They’re using it correctly. When someone tells you the economy is great but you and everyone you know are worse off, that’s gaslighting.

          “Don’t believe your own experience, just take my word for it.”

          • @[email protected]
            link
            fedilink
            22 years ago

            Yikes

            Do you think unemployment is near a 50 year low?

            Do you think GDP is growing?

            These are real, quantitative measurements that people are WRONG about. It’s not just some dude’s word. It’s the TRUTH, and you’re REJECTING it. It’s sad.

          • @[email protected]
            link
            fedilink
            22 years ago

            Economic measurements were in the tank in 2010 for everyone except wall street. That was when the term “main street” actually got recognized in the media. There were plenty of articles about it.

        • @[email protected]
          link
          fedilink
          English
          62 years ago

          Home prices and rent are crazy high, though. Plus student loans are coming back, no wonder everyone feels poor, unless you already managed to buy a home with low interest rates. So things are great for those people, I’m sure.

          • @[email protected]
            link
            fedilink
            22 years ago

            Of course that isn’t inflation. That is individual sector increases, which is something that a President can do little about.

          • @[email protected]
            link
            fedilink
            22 years ago

            3.7 isn’t too bad. Not great, below 3 would be good. But, as long as the rest of the world suffers we will too. Our main trade partners, Canada and Mexico, are doing all right so the chances are we won’t slip into a recession. This is especially true because the US GDP is so good. This is a problem that COVID left the world.

    • @[email protected]
      cake
      link
      fedilink
      92 years ago

      It wasn’t the media that convinced me that my rent went up last year, or that housing prices are going up, or that gas prices are higher, or when I purchase literally anything it is high than before, or that my employer can’t sell anything but the most expensive stuff abroad, or that my health insurance premiums are up, or my stream services bill went up, or that my big raise last year has vanished, or that I couldnt find a job if I lost mine in a resonable amount of time…

      I don’t give a shit that some asshole who inherited 10 houses is sitting pretty, or that the stock market hits higher and higher due to buybacks/consolidations/inflation. I care about the stuff I deal with daily. In the real freaken world I am in big trouble if I lose my job and my money buys less and less.

      Show me a single thing Biden has done that brings a real world bill down.

  • Not A Bird
    cake
    link
    fedilink
    102 years ago

    Here is the slimmest majority with 50 senators; two of those are republicans in sheep’s clothing. Oh, also you lose house majority 2 years in.

    You can’t fix an entire system with that? Fuck you Biden.

    • Voters.
    • defunct_punk
      link
      fedilink
      132 years ago

      Even a simple “hey, I know things are rough right now but were working on it” from the White House would be enough for me, but these doublespeak puff-pieces they keep putting out are ridiculous.

      Things are better? No the fuck they’re not and their inflation calculators purposefully ignore things like groceries, gas, or rent, which have increased nearly 50% in the past 12 months across the country. Just admit shit’s fucked but were working on a solution, but, in the words of a old video game reviewer, don’t piss on my back and tell me it’s raining.

    • @[email protected]
      link
      fedilink
      152 years ago

      Biden should be raging from the bully pulpit about Congress fucking the American people over. But he isn’t, and he helped install the current status quo. Obama got a pass because he wasn’t in federal office in the 90’s swinging a wrecking ball into the safety net and we could believe he was silently trying to work on things. Biden was and he hasn’t repudiated any of the things that actually fuck us peons over. And yet we’ll vote for him in 2024 because the GOP is incapable of meeting the basic standard of upholding democratic elections. I’ve watched the Democrats tell me they’re going to fix the basic problems of the economy for 30 years. Only for them to turn around and line the pockets of the rich and tell us that it will somehow help us. Every time they come up with some new plan to help us it’s the same two things. Either they hand the money to a rich person who swears they’ll distribute it and totally not just buy a new yacht; or it’s a once a year tax credit that sounds big because it’s a lump sum but in reality comes out to about 150 dollars a month at most.

      Like I said, for now the GOP’s idiocy is going to hold the line for the Dems but at some point people are just going to stop engaging with the system.

      • Not A Bird
        cake
        link
        fedilink
        2
        edit-2
        2 years ago

        I agree with a lot of things you said. But, you are not judging this term by this term, but by the last 30 years. You have little bit of merit to blame Biden for his past mistakes, but you fail to tell what he could have done differently. The thing that strikes me the most is how you view the democrats of the last 30 years as a singular entity. Democrats are not a monarchy or a cult. We will never figure out how to elect better people with that outlook.

        • @[email protected]
          link
          fedilink
          12 years ago

          They aren’t monolithic, but the outcome is the same none the less. And you’re right that we need to elect better people within the party. I refuse to give the party credit for the progressive wing until the outcome changes though.

  • AutoTL;DRB
    link
    fedilink
    English
    42 years ago

    This is the best summary I could come up with:


    But two-thirds of Americans are unhappy about the economy despite consistent reports that inflation is easing and unemployment is close to a 50-year low.

    But Harris’s data also shows that fears are widespread – and reinforced by disbelief of or ignorance about official figures and a mistrust of the media’s reporting of them.

    The results paint a difficult picture for Joe Biden, who is making “Bidenomics” – his economic policy record – a central plank of his re-election platform.

    Biden supporters have just launched a $13m advertising campaign extolling the president’s economic achievements, which include a landmark $1.2tn infrastructure and climate bill, massive investment in domestic microchips production and green energy solutions.

    The widest measure of economic growth – gross domestic product – increased at a 2.1% annualized rate last quarter and has been steadily improving since the Covid downturn.

    Americans either view the economy through their politics or aren’t feeling it in real life, or both,” said John Gerzema, the CEO of Harris Poll.


    The original article contains 761 words, the summary contains 165 words. Saved 78%. I’m a bot and I’m open source!

  • TwoGems
    link
    fedilink
    English
    752 years ago

    Nothing, not even basic necessities like food, is even remotely affordable anymore, let along a roof over your head. Yet they still want us to work to the bone like slaves and have babies while somehow not having a place to live. Biden has passed some great legislation but the economy is nowhere near ok for anyone except the 1%.

    • @[email protected]
      link
      fedilink
      412 years ago

      Takes time to turn the ship around after only a single term of conservative rule. It’s the same in every country. The right ruins the economy and then the left have to fix it while the right spends all it’s time in opposition blaming the left for the mess they themselves caused (while trying to sabotage any reform).

      • @[email protected]
        link
        fedilink
        152 years ago

        Dude, the economy wasn’t doing great under Obama either. He did the same thing, pointed at employment numbers and GDP while people were struggling. More than half the homeless people in my area report they did not come from another city. They had been slowly sliding out of being able to afford housing for the last decade. Even while working full time.

          • @[email protected]
            link
            fedilink
            52 years ago

            And bailed out the guys who made the situation. One guy was charged when the criminal financial conduct was widespread and common knowledge.

            That however isn’t the point. The point is there was a benefit of doubt for Obama because he wasn’t in office for decades beforehand. Biden was and is trying to run the country like it’s 1980 still.

  • @[email protected]
    link
    fedilink
    212 years ago

    tell me what the housing and rent inflation rate has been since 2010. We all know the economy is fucked. A lot of this bullshit did happen during trump’s artificially low interest rates.

  • @[email protected]
    link
    fedilink
    32 years ago

    If unemployment could go into the negatives because everybody has to take a second job just to stay afloat, some dumbass economist would still come out and say how strong the economy is.

    The economy is strong for the owner and investor class right now. Not so much for anybody at roughly middle class or lower.

  • Semi-Hemi-Demigod
    link
    fedilink
    15
    edit-2
    2 years ago

    Whenever I read the term “the economy” my brain substitutes the words “rich people’s yacht money” because I’ve never been affected by it one way or the other.

    Good for them and their yachts though.

  • @[email protected]
    link
    fedilink
    132 years ago

    Sure…thats why the major automakers workers are striking, because its so wonderful under biden. And gas is over $5 a gallon

    • pjhenry1216
      link
      fedilink
      152 years ago

      thats why the major automakers workers are striking, because its so wonderful under biden.

      Biden has very little to do with that. Those are the executives and shareholders of those automakers. Dems have tried to increase benefits for employees. It’s mostly a no-go at the federal level.

      • HopeOfTheGunblade
        link
        fedilink
        62 years ago

        And why is that? Well, because there are a few democrats who are soft-to-shit on that, and an entire fucking party whose whole deal is “Let them eat cake” at best. And somehow this is always the democrats fault. Always.

          • defunct_punk
            link
            fedilink
            22 years ago

            Kinda like Trump did for the entire conservative agenda? But now that Democrats are in office, they’re expected to play nice? If you don’t see how much irreperable damage Trump did to our democracy and how it’ll only continue to be abused by the minority MAGA crowd until Democrats willingly cede all power, I don’t know what to tell you.

      • @[email protected]
        link
        fedilink
        42 years ago

        The fact that Biden can’t fix things is not a good look for Biden, it’s a bad look for electoralism.

  • Mammal
    link
    fedilink
    English
    242 years ago

    Well, yes. If you are a high-income earner or if you make most of your money from rents or investments … the ‘economy’ is strong. For the rest of us - we have to make choices between healthcare and food.

  • @[email protected]
    link
    fedilink
    312 years ago

    The economy! Awesome! So we going to raise wages. What’s the plan?

    Nothing?

    Oh, we’re going to do nothing…

      • @[email protected]
        link
        fedilink
        3
        edit-2
        2 years ago

        Me soo stoopid. This one ‘rule’ is going to completely change the entire state of things…

        I’d bet this change barely adjusts for inflation.

        • @[email protected]
          link
          fedilink
          32 years ago

          This is one of dozens of things Biden is doing, I just picked the first google result.

          Maybe you’d know that if you ever googled it yourself

          I do admit it’s an utter and predictable failure of the democrats that you should have to seek out news of the good things they do. Democrats should be shoving it in the face of low information voters.

            • @[email protected]
              link
              fedilink
              22 years ago

              Sorry I didn’t explain the entire Biden economic recovery plan on detail and hand it on a silver platter to you. But yes, there is a plan, always has been, Democrats just haven’t been shouting it at the top of their lungs.

              • @[email protected]
                link
                fedilink
                12 years ago

                I mean I never said they didn’t have a plan, nor did I ask you for one. You just kinda called me a dumbass and said that that was the plan. I follow any news I can on Bidens economic plan and its just not interesting.

  • roguetrick
    link
    fedilink
    92 years ago

    If the Dems try to run on status quo they will lose just like when Hillary did the same thing.

    • Jordan Lund
      link
      fedilink
      English
      112 years ago

      I dunno, Joe “Nothing will fundamentally change” Biden did OK.

      • HopeOfTheGunblade
        link
        fedilink
        32 years ago

        Joe, “If you pay more in taxes nothing will fundamentally change,” to a room full of rich assholes Biden, yes.

        • @[email protected]
          link
          fedilink
          English
          12 years ago

          It’s too bad hat quote gets brought up as an anti-Biden thing when it was one of the somewhat cool things he said.

          I think the reason is “nothing will fundamentally change” is a pretty accurate description of moderate Democrats, but that particular statement was actually progressive-ish rhetoric. His idea of higher taxes (or more accurately what you’ll be taxing) isn’t going to match progressives, but they’re both sold as “rich people paying their fair share” not ripping their ill-gotten gains away from them.

      • pjhenry1216
        link
        fedilink
        82 years ago

        He just did better than Trump. The amount of support Trump still has is ridiculous meaning it’s more fervent than before. The reason Trump won originally could be why he wins again (if he makes it through primaries and doesn’t get convicted). I don’t think Biden can rest on his laurels for the upcoming election. Folks aren’t happy and enough of them are either disinterested entirely and won’t vote or mistakenly believe Republicans will fix it.

        • @[email protected]
          link
          fedilink
          English
          2
          edit-2
          2 years ago

          I am going to be so mad if the DNC decides to bunt on this next election and lets Trump actually win (I’m just going to assume we’re still on the worst possible timeline and Trump won’t be convicted). In a perfect world the DNC would find an actually good candidate in their couch cushions or something and run them, but since what we have is Biden, at least I don’t know, pretend to give a shit about anything. Even if we all know it’s bullshit at least promise to fix some stuff. I’m so tired of the Democrats running on campaigns that amount to “We’re only 10% evil, so vote for us”, while the Republicans campaign on “Vote for us and we’ll do our best to legalize everything terrible about the 19th century, but if you’re rich white and male, you’ll probably be fine”.

          • Jordan Lund
            link
            fedilink
            English
            22 years ago

            I’m less concerned about '24 than I am a '28 “Her Turn” Harris candidate. She hasn’t been good or effective as VP and running her in '28 guarantees a Republican win.

      • @[email protected]
        link
        fedilink
        English
        72 years ago

        Only because he was running against Donald “My entire tenure was a series of increasingly out of control trash fires” Trump. The DNC can’t rely on the GOP always running literally the worst possible person. I mean, history seems to show they keep somehow finding a candidate that’s even worse than the last guy, but still.

        The day both the DNC and GOP run candidates that are actually you know, decent human beings that I’d actually want in charge of anything let alone the country I will be utterly shocked. It’s never happened in my lifetime, and I somehow suspect it never will. But man, that sure would be awesome if it happened.

  • @[email protected]
    link
    fedilink
    212 years ago

    Yeah. Record breaking costs and record breaking profit margins as far as the eye can see. Fuck off with this bullshit.

  • @[email protected]
    link
    fedilink
    63
    edit-2
    2 years ago

    I hate both sides. How’s the economy doing good when my wife and I work 40+ hours a week, both have college degrees, and can barely afford a 2 bedroom rental apartment in a shit part of the country let alone ever think about owning a house?? Btw second bedrooms for our son.

    • Altima NEO
      link
      fedilink
      English
      552 years ago

      Economy’s doing good for the wealthy.

      Meanwhile the rest of us gotta make due with weakened spending power and income, COVID era social benefits being rolled back, etc etc

      • @[email protected]
        link
        fedilink
        English
        32 years ago

        It’s not even doing good for the wealthy. Lots of corporate bankruptcies are occurring right now. Any business operating off cheap debt is getting fucking railed. It could be worse but it’s not like they aren’t taking losses right now. Some of them are fucked.

    • @[email protected]
      link
      fedilink
      32 years ago

      Look Nero is in charge and sure he is more focused on fiddling and acting deeply upset than he is actually fixing things while in charge but his performance is immaculate

      Obviously why would anyone want anything better than performance art in these times of need.

      The same reason all the top nominee picks have sucked. I don’t want Christian fascists in office either but fuck I’m so tired of pretending Biden is doing anything other than being a log in the road for them than a driving force against the issues at hand.

      • @[email protected]
        link
        fedilink
        22 years ago

        If you think that Biden didn’t do anything in his first term, you’re not very well informed.

        • @[email protected]
          link
          fedilink
          22 years ago

          I think he hid and did little to meet with true average Americans and done stuff that is boringly necessary without a step over that and it’s awful that basic necessities are met with praise and even then he didn’t highlight how the little steps could be a plan to bettering anything.

          So no, I’m not gonna jump at claiming standard presidential actions are impressive less we expect so little from our office holders. And that would be depressing in a way that means the end of any good or useful people in our world.

          • @[email protected]
            link
            fedilink
            22 years ago

            You have a strange idea of what “standard” is. Some of bills he has signed don’t have an equivalence in the last 50 years in importance.

        • @[email protected]
          link
          fedilink
          English
          12 years ago

          Trump has taken away the left’s will to make itself better. All we care about now is “anyone who isn’t Trump.” I agree keeping Trump out has to come first but I don’t see why we can’t accomplish that by nominating better candidates who actually speak to people’s needs. Really my problem is with older Democratic voters who were scared of Bernie.