Opinion Biden’s Unpopularity Is More Mysterious Than It Looks

[HereticBD]

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

Do you believe the 65% of Americans giving Biden's economy a horrible rating, are all "tribal boneheads"?

 

[Andy Capp]

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

It will be interesting to see the cope when the trend continues right into next year--except possibly for some slowing due to interest rates.

 

[DavidsGhost]

Do you believe the 65% of Americans giving Biden's economy a horrible rating, are all "tribal boneheads"?

Nah, a significant portion of them would look at the data I shared here and respond positively. And especially now, with the predictions of recession fading and inflation falling, they would probably bring their idea of the economy closer to their idea of their personal well being, which polling has showed a schism between those two questions.

i mean, nobody here freaking out and spazzing about a good Biden economy is NOT also a trump apologist whose blood boils at the mere thought of liberals


Hahahaha

okay

 

[DavidsGhost]

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.

Canada is behind US in the inflation battle, need recent data, but we’ve been doing the best or second best

 

[Jack V Savage]

Why do you think the economy is bad?

There's no logic to it. Wrong party is in the WH so everything is bad, regardless of what the facts are.

 

[SKYNET]

you already know, he picked the wrong one

 

[SKYNET]

There's no logic to it. My party is in the WH so everything is good, regardless of what the facts are.

FTFY

 

[DavidsGhost]

you already know, he picked the wrong one

The wrong one lmao, your meme is about you

 

[Jack V Savage]

Nah, a significant portion of them would look at the data I shared here and respond positively. And especially now, with the predictions of recession fading and inflation falling, they would probably bring their idea of the economy closer to their idea of their personal well being, which polling has showed a schism between those two questions.

i mean, nobody here freaking out and spazzing about a good Biden economy is NOT also a trump apologist whose blood boils at the mere thought of liberals


Hahahaha

okay

What says a lot is that none of the people trying to argue against looking at data are making any kind of coherent alternative case. It's just "if you believe your eyes and the stats," you're a bad person. I don't know that a case is really even makeable, if you're making a good-faith effort to reflect reality. As Dole showed, even when the economy is booming, there are going to be some negative indicators, but no one is going to start with a process and land on the conclusion that the economy is not very strong right now.

 

[Andy Capp]

Canada is behind US in the inflation battle, need recent data, but we’ve been doing the best or second best

I'm not saying we're doing better. I'm saying we're doing well in the same terms the US is even if not to the same degree.

Edit:
Check this out, if it's worth bothering with,
https://www.budget.canada.ca/2023/report-rapport/overview-apercu-en.html

Since 2015, close to 2.7 million fewer Canadians are living in poverty, income inequality has continued to fall, the labour force participation rate for women aged 15 to 64 years is at record highs, and young Canadians have access to a greater number of good-paying jobs than before the pandemic. Significant investments in infrastructure and in the capacity of the Canadian economy will continue to benefit Canadians for decades.

A More Inclusive Economy: Progress Since 2015

• 2.7 million fewer Canadians are living in poverty, a 56 per cent decrease;
  
  
• Income inequality has declined by 11 per cent;
  
  
• The gender wage gap is getting smaller, having decreased by 12 per cent;
  
  
• Women are closing the labour force participation gap, which has decreased by 28 per cent; and,
  
  
• More young people have good jobs, with the youth unemployment rate down by 22 per cent.
  

 

[DavidsGhost]

I'm not saying we're doing better. I'm saying we're doing well in the same terms the US is even if not to the same degree.

Edit:
Check this out, if it's worth bothering with,
https://www.budget.canada.ca/2023/report-rapport/overview-apercu-en.html

Since 2015, close to 2.7 million fewer Canadians are living in poverty, income inequality has continued to fall, the labour force participation rate for women aged 15 to 64 years is at record highs, and young Canadians have access to a greater number of good-paying jobs than before the pandemic. Significant investments in infrastructure and in the capacity of the Canadian economy will continue to benefit Canadians for decades.

A More Inclusive Economy: Progress Since 2015

• 2.7 million fewer Canadians are living in poverty, a 56 per cent decrease;
  
  
• Income inequality has declined by 11 per cent;
  
  
• The gender wage gap is getting smaller, having decreased by 12 per cent;
  
  
• Women are closing the labour force participation gap, which has decreased by 28 per cent; and,
  
  
• More young people have good jobs, with the youth unemployment rate down by 22 per cent.

good insights

And you are right, all of those metrics are similar to US

 

[Andy Capp]

good insights

And you are right, all of those metrics are similar to US

One remarkable thing is that population growth has been pretty staggering yet the unemployment rate remains stable so there are jobs galore being added to the economy at the moment. I think that's already starting to slow a bit though. I think raising interest rates last time the Bank of Canada did it was pointless since I think this would have happened anyway, but it's clear higher interest rates, though not on their own, necessarily, are having the desired effect of cooling the economy and slowing inflation. But as you've noted above, people have large amounts of savings and pent up desire to spend. I believe that's what's really driving inflation and as their savings decline, so will inflation. I guess we'll have to wait and see.

 

[DavidsGhost]

One remarkable thing is that population growth has been pretty staggering yet the unemployment rate remains stable so there are jobs galore being added to the economy at the moment. I think that's already starting to slow a bit though. I think raising interest rates last time the Bank of Canada did it was pointless since I think this would have happened anyway, but it's clear higher interest rates, though not on their own, necessarily, are having the desired effect of cooling the economy and slowing inflation. But as you've noted above, people have large amounts of savings and pent up desire to spend. I believe that's what's really driving inflation and as their savings decline, so will inflation. I guess we'll have to wait and see.

totally agree

 

[Barteh]

It's interesting that there's a reality one can look at with his own eyes and then you see a thread like this one where somebody seems to be just completely blind and completely ignores that reality and talks about some kind of fantasy reality they made up.

How the hell does that happen?

 

[skysolo]

Biden is corrupt. Who would have known?

 

[Jack V Savage]

Biden is corrupt. Who would have known?

So telling that you guys have to spin these kinds of fantasies instead of actually looking at his record.

 

[skysolo]

Maybe Biden's unpopular because he's lying scumbag. He can't help himself. He has not declared a climate emergency. He didn't have to say he did. It was unnecessary.

Forget the twitter account. They are hacks.

 

[Andy Capp]

totally agree

By the way, in case you haven't been paying attention, I'm supposedly the constantly fearful and emotionally overwrought one around here; it's totally not the clown shoes posse that's emotional about stuff these days lol

 

[mommas homeboy]

lol none of the evidence supports this bullshit claim. None. Circumstances may have gotten worse for people who were already poorly off to begin with--that's open to debate, but there is abundant evidence the "the average American" is doing well. Wages relative to inflation have improved a fair bit, among other things. Inflation remains above desired levels because people are spending money like mad.

I’d love to point out what an ignorant buffoon you are. But it’d be a complete waste of time. There are hundreds of posters in these forums who would gladly take your place preaching the exact same horse shit you do. It would be far too much work to dismantle each one of you idiots one by one, so I’m afraid I’m just going to let you be you.

 

[mommas homeboy]

Are you talking about biden or trump?

Trump isn’t woke. That key detail should answer your question. Trump is a scumbag too btw…but he’s incomparably better than Biden.