"data [may] show consumer spending is growing and gross domestic product... continues to boom. [But] when you pay through the nose for a cup of coffee or when you can’t afford to buy a home, those data are meaningless: You feel shut out of the American Dream."
Hence, #Trump. Simple
https://edition.cnn.com/2024/11/06/economy/economy-trump-reelection/index.html
@QueenOfEverything re "#Trump wants to take away Medicare"
your opinion on the "Trump will go all #AI on healthcare" speculation I reported here would be welcome:
https://mfioretti.substack.com/p/of-trump-and-getting-good-things
So they are blaming an economy that has mild inflation and employers who were given permission during COVID to stop paying for salary increases on the Democrats.
This is, at best, fallacious and at worst nonsense. Under Trump, almost half a million died, people lost their jobs and the economy was close to crashing. When Biden took over it revved up and people were were working.
Now people think Trump will keep the economy going.
He won’t. He’s too damn stupid.
@feloneouscat everything I read and see looks like, both in the US and elsewhere, there is a big and growing amount of voters real angry and worried because they are working poor going worse every month, no matter how mild inflation is said to be.
Whether they are right or not to blame the Dems or their equivalents elsewhere, is another matter, but THAT what life looks for those people
No. That’s what life the news says there is.
Look, we live on a fixed income in Texas. The only way I could retire is that partner gets a modest pension from the state. We have a tiny IRA (maybe two years then it’s tapped if the pension disappears).
You cannot have low unemployment and economic disaster. We were being gaslit. We were being told bullshit.
What did you actually see that told you that gave you the impression things were worse?
Gas when Trump left was $2.393. 1/2
2/2
Under Trump millions were out of a job.
Today gas is at $3.078. But if you take inflation into account, Trump’s gas prices were $2.91 in today’s dollars.
In other words 16.8 cents cheaper.
Yes, there was inflation. Yes, corporations took advantage and jacked prices up. At the same time MORE people are working than in 50 years.
People traded that in for losing their jobs and higher inflation.
Look, I didn’t make people make the wrong choice. But blaming Harris was dumb.
That’s not me, that’s history.
“The chart also shows monthly job growth under Biden is significantly higher than that under other presidents, going back to Ronald Reagan. The closest president to Biden is Bill Clinton, with 239,000 average monthly job growth during his two terms in office.”
Harris would continue the trend. Trump will reverse decisions.
https://www.factcheck.org/2024/02/bidens-job-growth-chart-ignores-impact-of-pandemic/
@feloneouscat as far as I am concerned, more than Harris I am blaming the people who do not vote, in general
@mfioretti
That's #trump's con- he wants to take away Medicare (which is the best value) and require everyone to sign up under Medicare Advantage that has no advantage and is just dealing with insurance companies that cost more, limit options & doctor choice.
Nothing he ever does is for the people... it's boosting the profit for large companies & corporations.
Everything for him is transactional.