Are they just insane? Why do the American People overwhelmingly think the

[CC27]

NewsCenter28 (1,818 posts)


Are they just insane? Why do the American People overwhelmingly think the economy is doing poorly?

So, the polls, if they are to be believed (which is a big if) show that Americans overwhelmingly think that the economy sucks. Is this because all they do is drunkingly listen to Sean Hannity?

I see:

1. A record number of jobs created in the first term of President Biden.
2. A stock market that is staying steady and also making incremental gains.
3. Inflation tumbling from a high of 9.1% to just 5% now and falling.
4. Record low 3.4% unemployment. Highest ever job numbers for the AA community.
5. Stabilizing, if not low, gas prices.

I'm sorry. my patience for the stupidity of the American people has run out (and I'm not a politician so I can call them out on their stupidity without having to be politically correct).

The simple fact is that I've been doing this for decades. The economy that President Biden is presiding over would, under any other administration at any other time in history, be considered roaring. By any fair metric, President Biden is a superb economic steward. It is quite frankly absurd to complain about this economy and I am more than a little tired of it. Perhaps, racism, bigoted and misogynstic beliefs are what people are really complaining about and they just cover it up by saying they are "concerned" about the "economy". The media trying to talk the economy into a recession is also horrific. Kind of like how we were told in 2016 that the vote for Trump was about economic angst. As if it was.

I mean, I get it. If you are a white supremacist Nazi who hates gay/trans and all non-Aryan and straight peoples, Trump is your guy, but don't tell me that you're voting for him because of the economy. Own your hatred and admit that you are a Republican because you are a backwards, bigoted, misinformed, misogynstic creep and proud of it. Again, own your hatred. Don't concoct a story in your head about the economy being "bad" as an excuse.

THERE IS NOT A SINGLE COMMONLY AND HISTORICALLY USED ECONOMIC INDICATOR OR PRODUCT THAT REMOTELY SUGGESTS THAT THE AMERICAN ECONOMY SUCKS RIGHT NOW.

https://www.democraticunderground.com/100217900093

Have you checked prices at the grocery lately you moron?

[DefiantSix]

Have you checked prices at the grocery lately you moron?

Hell; just driving your Prius past a gas station sign is guaranteed to trigger tachycardia these days.

[Ralph Wiggum]

1. A record number of jobs created in the first term of President Biden.

Complete fallacy. Over 15 million jobs were lost during the peak of the Chinese Wuhan Red Death and overreaction on the part of our government.  All the jobs that have returned are not CREATED.

I'm going to borrow this analogy because it is accurate. If my wife tossed me out of the house because I cheated on her, I lost my house. But when she welcomes me back in a few months later, that is NOT a new house.

Then again, 50% of the country are dumber than average and they'll believe such lazy tripe.

[SVPete]

Ummmmmm ... maybe they buy gas and know it's still about a dollar higher than it was in late 2020, despite LIEden draining the Strategic Petroleum Reserve to manipulate the oil and gas market in the US?

Maybe they saw prices for ordinary groceries such as eggs, milk, and meat shoot up?

Maybe they saw prices at their favorite fast-food restaurant shoot up 25% (my source being a January or February 2023 conversation with a fast-food store GM) or more?

Maybe they understand that monthly 200K-250K "new jobs" are mostly or almost entirely people moving from one job to another. In other words, those 200K-250K "new jobs" are actually the economy marking time, not advancing, not keeping up with new people entering or returning to the job market.

The economic ObaMalaise is back!

[Old n Grumpy]

1. A record number of jobs created in the first term of President Biden.lots of new minimum wage jobs
2. A stock market that is staying steady and also making incremental gains.after it’s dropped over 50%
3. Inflation tumbling from a high of 9.1% to just 5% now and falling.when it was about 2%
4. Record low 3.4% unemployment. Highest ever job numbers for the AA community.
5. Stabilizing, if not low, gas prices.

stabilized at $3.59 when it was below 2 bucks

Yes your stupidity and ignorance have reached an all time high 

[67 Rover]

2. A stock market that is staying steady and also making incremental gains.
3. Inflation tumbling from a high of 9.1% to just 5% now and falling.
5. Stabilizing, if not low, gas prices.

2. Peoples 401k's still down ~17%. Don't just look at YTD idiot.

3. Government inflation numbers does not count food, energy, or anything else that actually went up as far as I know.

How they manage to convince idiots that an another increase of 5% is actually "tumbling" is amazing.

5. $3.50/gal is not low or stable.

 

[ADsOutburst]

Why do Biden supporters (small in number though they are) believe the administration's propaganda over what they can judge for themselves? Are they just insane? Stupidly partisan? Do they want the country destroyed?

[DUmpDiver]

2. A stock market that is staying steady and also making incremental gains.

Since Bidumb took office the Dow has gone up only 8.2%. That's a "whopping" 3.6% per year.

Compare that number to inflation over the same time period and it's way underwater.

As I've said many times: DUmmies and economics are not good friends.

[RuralNc]

Surprisingly, a couple Island Nitwits actually get that inflation is indeed real. And not good.

[CollectivismMustDie]

It could have something to do with the economy doing...poorly.

[Wineslob]

Humm,

End of 2020:

Gas here was 1.95 a gallon for regular.
Bread was 1.95 a loaf.
4.99 a 12 pk for Pepsi.


In the past couple of years prices have dropped........................

Gas   down to 3.59
Bread down to 4.75
Pepsi down to 8.99

Right DUmmies?

[Patriot Guard Rider]

Humm,

End of 2020:

Gas here was 1.95 a gallon for regular.
Bread was 1.95 a loaf.
4.99 a 12 pk for Pepsi.


In the past couple of years prices have dropped........................

Gas   down to 3.59
Bread down to 4.75
Pepsi down to 8.99

Right DUmmies?

For that astute observation, your monthly chocolate ration is increased from 20 grams to 15 grams..

[DUmpDiver]

For that astute observation, your monthly chocolate ration is increased from 20 grams to 15 grams..

Only commies use grams. Patriots use ounces.

[jukin]

Only commies use grams. Patriots use ounces.

You win a free can of Butt Light.

[Patriot Guard Rider]

You win a free can of Butt Light.

I suggest a case. There is plenty of it around, and it's going bad..