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Opinion Biden’s Unpopularity Is More Mysterious Than It Looks


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No Jackie, it's a bit more simple. The economy is bad, because the economy is bad.

I for one, hope Biden and his brilliant team, continue to promote "Bidenomics" to the American people. It totally doesn't make Democrats seem out of touch with the average voter, who has given him such high marks on the economy...
The economy isn’t bad


This is a dumb take


Inflation is bad and the economy was volatile for a long time and still is, but wages are outpacing inflation now.

And materially, most Americans are better off than they were in 2019

I already cited the data

further, people’s perception of the economy is not nuanced, and tied mostly to visible inflation in gas and grocery (plus headlines that shine a light on gas and grocery), which are just small points in a larger context.

recently the above has trended down, and because everyone has jobs, way more than Trump numbers, and everyone has fat stacks in bank accounts (data cited already), the improvement in these visible numbers has produced an improvement in Biden polling

so when you say “I hope he keeps talking about Bidenomics blah blah blah” - you say that without any observation of how the economy is actually progressing.

meaning, if real wages continue to improve as they have been for like a year, Biden talking about Bidenomics will be no brainer slam dunk.

because the economy will literally be better than it ever has been in the last 100 years, and Biden will be able to point to his specific policies that contributed during an economic crisis (while also pointing to how no other rich country ended up the same place)



ah but if volatility in banks fucks things up or persistent inflation plateaus or a world event offsets one factor - then that Bidenomics message loses some influence


You’re just a partisan dude pissed off about liberals on the internet. Not like you actually look at what’s happening
 
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Also 40 year high inflation was the talking point in the mid terms and republicans still got blasted so pinning all of Trumps hopes on “gas and grocery are kinda high still” while things are waaaayyyy better than midterm conditions sounds a little flimsy , know what I mean?
 
I believe Biden hating republicans would believe Biden ruined the economy no matter what, predetermined.

and regarding the question, I believe the data I cited earlier
I think you're hiding your head in the "data sand"

Everything in my life is insanely more expensive, and I live in the unassuming midwest.

Who else is to blame for ruining the economy?
 
Inflation is bad and the economy was volatile for a long time and still is, but wages are outpacing inflation now.

Inflation isn't even bad anymore. There was a short-term burst of it, and real wages briefly went backward (though even that is complicated by the huge improvement in the employment situation which deceptively brings real median wages down). If things continue the way they have been going into late 2024, which is not a guarantee, I think perceptions about the state of the economy will catch up to reality (already, if you ask people how they are doing personally, most people say pretty good, at least).

I think you're hiding your head in the "data sand"

Everything in my life is insanely more expensive, and I live in the unassuming midwest.

Who else is to blame for ruining the economy?

The economy is better than it's ever been. In what sense would any sane person call it "ruined"?
 
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Inflation isn't even bad anymore. There was a short-term burst of it, and real wages briefly went backward (though even that is complicated by the huge improvement in the employment situation which deceptively brings real median wages down). If things continue the way they have been going into late 2024, which is not a guarantee, I think perceptions about the state of the economy will catch up to reality (already, if you ask people how they are doing personally, most people say pretty good,, at least).



The economy is better than it's ever been. In what sense would any sane person call it "ruined"?


I know there’s polling that says people think the economy is and but that most people think they are doing good


Hmmm, wonder why that could be?!?!
 
The economy isn’t bad


This is a dumb take


Inflation is bad and the economy was volatile for a long time and still is, but wages are outpacing inflation now.

And materially, most Americans are better off than they were in 2019

I already cited the data

further, people’s perception of the economy is not nuanced, and tied mostly to visible inflation in gas and grocery (plus headlines that shine a light on gas and grocery), which are just small points in a larger context.

recently the above has trended down, and because everyone has jobs, way more than Trump numbers, and everyone has fat stacks in bank accounts (data cited already), the improvement in these visible numbers has produced an improvement in Biden polling

so when you say “I hope he keeps talking about Bidenomics blah blah blah” - you say that without any observation of how the economy is actually progressing.

meaning, if real wages continue to improve as they have been for like a year, Biden talking about Bidenomics will be no brainer slam dunk.

because the economy will literally be better than it ever has been in the last 100 years, and Biden will be able to point to his specific policies that contributed during an economic crisis (while also pointing to how no other rich country ended up the same place)



ah but if volatility in banks fucks things up or persistent inflation plateaus or a world event offsets one factor - then that Bidenomics message loses some influence


You’re just a partisan dude pissed off about liberals on the internet. Not like you actually look at what’s happening

Hahaha...

Just because wages are finally outpacing inflation for a couple months... It in no way undoes the damage of record inflation and stagnant wages for 2 years. lol... clowns

You'd need wages to outpace inflation by almost 6% for over a year to get back to where we were in 2020 under Trump. Y'all are like the fucking retards who drop the ball before actually running into the endzone and end up fumbling.
https%3A%2F%2Ffansided.com%2Fwp-content%2Fblogs.dir%2F229%2Ffiles%2F2013%2F09%2Fguyism.gif


Talk about a partisian hack


<{hughesimpress}>
 
I know there’s polling that says people think the economy is and but that most people think they are doing good

Hmmm, wonder why that could be?!?!

Peter Drucker remembered living in Germany in the '30s and seeing get cheers for saying this: ''We don't want lower bread prices, we don't want higher bread prices, we don't want unchanged bread prices -- we want National Socialist bread prices.'' That's basically where a lot of the right in America is, though, as I said, I think it's also influenced a lot by the media (both explicit propaganda outlets and MSM that consistently has a negativity bias, among others). Probably 20% or so of the population will never admit the economy is good, and about half of Republicans will never admit it if a Republican isn't in the WH. From the Chait piece I cited, here's Bob Dole in 1996, when almost everyone now agrees the economy was extremely strong:

You may think the biggest employer in America is General Motors, but I’ve got news for you. It’s Manpower Services. Hiring people temporarily who have lost their jobs and they get to work for 30 days or 60 days. That’s a good economy? I don’t think so. They’re setting new records this year. We had the worst economy in a century. We had the slowest growth, about 2.5 percent … We had a 1.2 million bankruptcy, set a new record. Credit card debt has never been higher. I just told you about this manufacturing job loss which is going to increase. We need a good strong economic package, let the private sector creates the jobs and they can do it.

It's the same thing now, and it's going to look just as silly when people look back on this era.
 
Hahaha...

Just because wages are finally outpacing inflation for a couple months... It in no way undoes the damage of record inflation and stagnant wages for 2 years. lol... clowns

You'd need wages to outpace inflation by almost 6% for over a year to get back to where we were in 2020 under Trump. Y'all are like the fucking retards who drop the ball before actually running into the endzone and end up fumbling.
https%3A%2F%2Ffansided.com%2Fwp-content%2Fblogs.dir%2F229%2Ffiles%2F2013%2F09%2Fguyism.gif


Talk about a partisian hack


<{hughesimpress}>




sure, by some measure, that’s true

there’s time for that to happen


But by other measures, we are far better off.

particularly in lasting commitment to industry in America and in minority participation in the labor force and in wealth creation

those are areas where Biden has exceeded Trump

second, the pandemic happened, and yeah, inflation was a result, so the entire balance between inflation and sub 4 percent rate to a general landing that’s better than anything in the last 50 years is one of the most compelling policy pitches of any president
 

Self-reported financial well-being increased to the highest percentage in the nine-year history of the survey. As for that $400 emergency payment, more than two-thirds of adults now say that they can make it. This key measure of financial security improved 40 percent, during a pandemic.
 
Self-reported financial well-being increased to the highest percentage in the nine-year history of the survey. As for that $400 emergency payment, more than two-thirds of adults now say that they can make it. This key measure of financial security improved 40 percent, during a pandemic.
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What’s happening here is a bunch of tribal bone heads who get nervous about positive economic headlines because they disturb the bedrock belief that Biden absolutely MUST be terrible for the economy are being dull
 
The economy isn’t bad


This is a dumb take


Inflation is bad and the economy was volatile for a long time and still is, but wages are outpacing inflation now.

And materially, most Americans are better off than they were in 2019

I already cited the data

further, people’s perception of the economy is not nuanced, and tied mostly to visible inflation in gas and grocery (plus headlines that shine a light on gas and grocery), which are just small points in a larger context.

recently the above has trended down, and because everyone has jobs, way more than Trump numbers, and everyone has fat stacks in bank accounts (data cited already), the improvement in these visible numbers has produced an improvement in Biden polling

so when you say “I hope he keeps talking about Bidenomics blah blah blah” - you say that without any observation of how the economy is actually progressing.

meaning, if real wages continue to improve as they have been for like a year, Biden talking about Bidenomics will be no brainer slam dunk.

because the economy will literally be better than it ever has been in the last 100 years, and Biden will be able to point to his specific policies that contributed during an economic crisis (while also pointing to how no other rich country ended up the same place)



ah but if volatility in banks fucks things up or persistent inflation plateaus or a world event offsets one factor - then that Bidenomics message loses some influence


You’re just a partisan dude pissed off about liberals on the internet. Not like you actually look at what’s happening
Uh, just one thing; Canada is set to end up in a similar place, as it happens. At least from what I have seen--economic data appears to parallel that of the US to a great degree.
 
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