186
I spent hours trying to persuade US voters to choose Harris not Trump. I know why she lost | Oliver Hall
(www.theguardian.com)
this post was submitted on 09 Nov 2024
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politics
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Read the article everyone. This summary starting with gender bias is kind of bad. The main issue was the economy at the top.
The economy concern is straight up the issue, but the twist is that it has to be the economy as seen by people who don’t understand or don’t care about macro economics. GDP, inflation suppression, and all the other measures Biden did to help the economy wasn’t helping families buy groceries. And you can forget that trip to Disneyland. Buying power was still fucked. Now the carryover of those measures combined with the long-term bad but short term positive jolts of the next trump administration is going to increase buying power for just long enough for Donnie boy to take credit.
If you find yourself with extra money in the next 4 years, remember it’s borrowed against your future. Better to save it, or heavily reduce your debts than to get that new car it take that family trip.
This again is why I have so little faith now. The economy is such a cut and dry thing. Inflation went up in april after biden took office and obviously did not come from his actions when he had barely started. Inflation was largely tamed by increasing interest rates and looking at the fed rates from obama onward you can see where they dropped under trump and my satan I can't believe folks don't remember trump bully pulpitting the fed to drop them. he was whining insistently about them ruing his economy (which given his deep state rhetoric we know what he was implying). oh man then I would get folks with the inflation is caused by xyz. yeah its caused by a lot of things but the main way a president (really the fed) effects them in the short term (short term being years) is with the interest rate and we have a very direct example in the last few years. The idea that trump is the better choice for the economy is so friggin ridiculous.