this post was submitted on 11 Nov 2024
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Summary

President Joe Biden’s economic achievements—lowering inflation, reducing gas prices, creating jobs, and boosting manufacturing—are largely unrecognized by the public, despite his successes.

His tenure saw landmark legislation like the Inflation Reduction Act, CHIPS Act, and major infrastructure investments.

However, Biden's approval ratings remain low, attributed to inflation backlash, weak communication, and a media landscape prone to misinformation.

Democrats face a “propaganda problem” rather than a policy failure, with many voters likely to credit incoming President Trump for Biden’s accomplishments due to partisan messaging and social media dynamics.

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[–] krashmo 19 points 3 weeks ago (1 children)

This is not a messaging problem it's a measurement problem. The metrics we use to gauge economic progress and/or health are not effective indicators of anyone's experience but the wealthy. When Dems tell me wages have gone up so income inequality is getting better what they mean is that new jobs are on average offering slightly higher pay to new hires.

They don't say that slightly higher pay is 5 cents an hour which is practically useless. They don't acknowledge that this tiny wage increase is dwarfed by the impacts of inflation over the last 4 years. Worst of all, they don't say that because this wage increase only applies to new hires, anyone working the same job for more than a couple of years hasn't seen a wage increase at all, but that price gouging has definitely impacted them. That last one is important because it applies to a huge chunk of people.

This is just the way it works out with wages but basically everything these pundits are saying is great under Biden could be described the same way. They're talking about averages which when applied to 330 million people produce numbers that sound significant, but when you look at almost any individual it doesn't make a practical difference in their lives. Sure, you may have slowed the rate at which things are getting worse, but are you honestly surprised at this reaction? You're telling people you solved their problems and they're responding "no, you absolutely did not and fuck you for saying that"

[–] MutilationWave 13 points 3 weeks ago* (last edited 3 weeks ago) (1 children)

Yeah this shit is insane. We fixed inflation! Great, that's great, but where are our, meaning the working class, 25% raises to offset the inflation that already happened? I'll be up for my second raise in three years in 6 months. It's already promised to be 7% which will beat inflation (and I plan to fight for more), but I would need 25% to get my pay to be worth the same as it was three years ago before my first raise.

[–] krashmo 8 points 3 weeks ago

Absolutely, and to be clear, this does not imply that Trump has a good solution to this problem. He'll probably make it significantly worse. But at least he's talking about it in a way that resonates with people. Don't tell me my problem is that I don't understand my own financial situation. Show me how you plan to improve it in ways that I actually care about.