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I don't buy it. There's a reality distortion field at work here. If Trump had been in office he would he would have been touting the economy as the greatest in
by burntalmonds 2y ago
I don't buy it. There's a reality distortion field at work here. If Trump had been in office he would he would have been touting the economy as the greatest in history. And 'average people' would have 'seen that' despite not 'seeing it'.
- light_hue_1 2y agoI don't vote for Trump. I don't know anyone aside from some crazy family members who like him. I'm in an extreme blue state that was called when only a few percent of the vote was in. I don't even know anyone who listens to Trump's speeches or sees this ads. Every single person I know feels this economy is terrible. Of every age. From new graduates, to senior people. Even the most extreme Obama or Bernie people feel like things are going very badly. Everyone on campus was consistently outraged when Biden would gloat about his economy. It's not Trump. I have no idea what his message even is. This is an own goal. Democrats believed the total bullshit that economists spew about how good things are. When people actually feel how terrible they are.
- vundercind 2y agoBecoming the refuge-party for fleeing Republican neoliberals (joining the existing Democratic ones) is really gonna cripple the party when the party that popularized (among the political set—voters never liked it) that damn world-view is abandoning it.
- lokar 2y agoAnd trump voters, not understanding inflation, think he will bring down prices.
- usaar333 2y agoI'm in the Bay - am I the only person that thinks the economy is going great? My wages are up since Biden started. My rent, my biggest expense, has held the same. NW up a lot from stock market gains. There seems to be a lot of inflation with food ,restaurants and domestic work, but isn't lower wage people getting higher wages a good thing?
- vundercind 2y agoHousing’s still shooting up really fast and I guess used cars are just always gonna be expensive now.
- usaar333 2y agoHousing: not in the Bay: https://www.zillow.com/rental-manager/market-trends/mountain-view-ca/ https://www.zillow.com/rental-manager/market-trends/mountain...
- anonymousab 2y ago> but isn't lower wage people getting higher wages a good thing Their wages did not rise anywhere near commensurate with the increased costs of those goods and services - the same goods and services that those people would be buying
- usaar333 2y agoI don't think that can be true in the Bay. They would have an even higher percent of expenditure to rent, which is flat. America wide looks at worse flat: https://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q (ignoring covid years which distort this)
- frmersdog 2y agoWhat you're doing now is what people are so angry about. Stop, "But the numbers..."ing, humor people's feelings for a moment, and figure out what would need to be done to lift those spirits. Gaslighting is not a good tack.
- usaar333 2y agoI agree that maybe people need their feelings humored, but how is this gaslighting? I'm not denying that there's food inflation or restaurant inflation - I pointed out that it's a narrow way to look at even your own economic position. Food might be up 30% in biden's term for all I know. And maybe wages are only up 20%. But as long as rent is 0% and asset growth kept track with inflation (it's blown past it), you are still ahead. I suspect this is just standard human loss aversion at work. I feel this even from my own wife who looks at our economic position worse than me even though it is the same numbers. What's worsened becomes more important than what's improved, even if rationally, it nets out even.