He's living in a separate economy 🙄 it's no wonder the Dems lost.
this post was submitted on 12 Jan 2025
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politics
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Yeah, great, I'm so impressed. I'll quit one of my jobs. Thanks biden.
What good is that when we couldn’t sentence the clown coming into office that is going to dismantle whatever gains we might make.
That's weird. I could have bought a house in 2014 but I can't afford it now despite making way more money.
The economy is stronger than ever for Americans that politicians care about.
When the media or politicians report on 'the economy' they mean wealthy people's money in investment capital and financial instrument earnings, not wages or savings for the working class.
Stronger for whom, exactly?
"Empty suit makes grandiose empty statement."
Fuck the economy when garland let trump go. That’s biden’s fault. I will always remember Biden for that.
Doesn't matter, when Trump wrecks the economy he will say that he inherited the worst economy ever from Biden.
Recks what 🤦 we are in bottom
Someone should build a site that tracks all these metrics and promises from now on.
We're all getting cheaper gas, electricity, and groceries right? RIGHT?!
There's also a part of this that could, if you were naive, be solved with time. My job gave me a solid raise last year, 4.9%. Assuming four years of Harris status quo could get inflation down to ~2.5%, and assuming I can maintain similar raises each year, I'd likely recover from the pandemic within the next four years. Inflation is a necessary evil, but when managed over time, it isn't a big issue. Should work for everyone right, stupid Trumpies just don't understand long-term economics!
Except it ignores that corporations are colluding in duopolies across many industries to steadily raise their prices above inflation to maintain profit growth. It ignores that landlords are treating maximum rent hikes as the expectation rather than the exception. It ignores that climate change is globally impacting our supply lines for food.
Inflation being healthy doesn't mean a damn thing when unchecked capitalism is left rampant. The Biden administration, to their credit, did weakly try to fight corporate interests. However, they did nothing to fight the fully captured Supreme Court, which made Biden's efforts so pitiful they resemble a controlled opposition.
Biden did elect a very effective FTC chair. She's done some great work breaking monopolies and monopolistic practices.
The problem, as I alluded to, is that the Supreme Court is starting to hear the lawsuits filed in response to those policies and is striking them down as unconstitutional. It's quite likely that things like NDAs being unenforceable will also get overturned.
Everything Biden accomplished has either been grossly undermined, hindered, or reversed by the current corrupt Supreme Court. Completely ignoring them for his full four years, especially after Roe V Wade, was pure incompetency. Again, it gives credence to the idea of a controlled opposition. He was allowed to say and do some progressive things, but anything that stepped over the line the Supreme Court would stop. He could have packed the courts, used the big public outcry against the courts legitimacy to pack it with additional judges, and actually make a meaningful change to our country's fate.
Instead, Joe Biden will be remembered as a vain fool who gave the country to fascism. Nothing else he accomplished will matter, if any of it is still left.
Inflation is a necessary evil,
Only in a capitalist system, that requires the exploitation of labor...
It's required in any system that uses a fiat currency. Maybe a fiat currency is evil incarnate, but it also offers a lot of conveniences. Personally, I think I'd prefer having some number that translates my labor into spending units, and fiat currency works about as well as anything else when carefully managed.
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