this post was submitted on 14 Jun 2024
45 points (74.7% liked)

politics

19145 readers
2811 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] jordanlund 5 points 5 months ago* (last edited 5 months ago) (7 children)

There's a lot wrong about this article, there's so much to unpack:

"Thus, the idea that Biden is personally responsible for the surge of inflation in 2022 — and that he cannot be trusted to effectively manage the economy for that reason — appears deeply rooted in voters’ minds."

That's not why Biden isn't trusted on inflation, the reason he's not trusted is because when people tell him the economy is bad and they're hurting, he ignores their personal experience and rolls back on "What are you talking about, Jack? Economy's great!"

https://www.inquirer.com/opinion/biden-economy-inflation-elections-prices-20240429.html

"The fact that wages have been rising much faster than prices for more than a year has left no dent on this impression."

Because the only way to reap the benefits of rising wages is to change jobs. People remaining in the same job have seen stagnant wage growth.

https://www.resumebuilder.com/half-of-companies-may-not-give-cost-of-living-raises-in-2024/

So inflation is going up, wages are stagnant, that means you're effectively getting a pay cut and the President goes "What's wrong, man? Look at the GDP!"

The same goes for a decline in rental prices. You don't see the decrease if you're in a lease. If you move you might get a break.

"Another few months of falling inflation could move the needle a bit, but there’s little reason to assume that such a development will dramatically change public opinion."

Inflation is not falling, it's increasing slower than it was. Last month it went up 3.3%, the month before, 3.5%. The fact that it went up .2% slower than before doesn't mean it's going down.

[–] verdantbanana -4 points 5 months ago* (last edited 5 months ago) (6 children)

in the store today for a five pack of denver steaks which were about $10 beginning of last week

today when purchased the same pack it was about $20

same with every other grocery item in the store prices just keep going up and never down

[–] AlternatePersonMan 13 points 5 months ago

Blame Reagan. Turns out that getting rid of that pesky government oversight did allow corporations to thrive... At the cost of consumers. It's been a long slide, but the pandemic showed companies just how much they can get away with.

There's like 3 major airlines, 3 cell providers, and 10 companies that make most of your groceries. Profits are up, and so are prices. Competition is all but dead. To quote Highlander, "There can be only one."

load more comments (5 replies)
load more comments (5 replies)