14
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 21 Nov 2023
14 points (70.6% liked)
politics
19144 readers
4739 users here now
Welcome to the discussion of US Politics!
Rules:
- 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:
- 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.
- 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.
- 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.
- 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.
- 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
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
That inflation bit is especially useful. Biden isn't to blame for inflation despite what Fox News and the Heritage Foundation say.
The budget reductions I had no idea about.
What the fuck? Why isn't anyone in the liberal media saying how good Biden is doing on the economy?
Because you cannot convince someone that the economy is doing well when they think it's not. Inflation was extremely high for too long, and the wage gap may be closing but it's still absurdly high. "There's a tumor in your brain, but we made it smaller by a third." It sounds like objective progress, but when the tumor is in your brain causing psychological and physical disability. Celebrating the progress makes it seem like you don't care about the remaining problems.
Because the WH keeps telling us we are doing great, but we can see that we are not. The wealthy are doing great, but the working class and poor are not
Because the "liberal media" is a myth, they're all owned by oligarchs who only care about their own cost to borrow capital to fund their VC Ponzi schemes so if interest rates are high they'll try to convince everyone that the economy is bad.
Well, it's a bit more complicated than that. The rent-seeking class prefers higher interest rates because they get higher returns on their investments. They've been lobbying the Fed to raise interest rates for over a decade, and they've finally gotten their wish.
Because Dems are TERRIBLE at messaging when they’re talking about themselves.
yup on inflation. just look at the fed interest rate for the last decade. you will see how it was raising at a nice gradual pace as obama finished up and then trump bully pulpitted it down to nothing before covid even hit. if they had kept the measured pace it would not have had the bad effects of having to pull so hard on the rudder now.
They have been. And they've been shouted down more often than not.
They have? I know Biden has been going on about "Bidenomics", but that's clearly not working.
I've made many posts here discussing the impact of Biden's economic policy. It all got shouted down by people complaining that since they don't perceive any improvement, there mustn't be any.
Witness also the comments reacting to this article arguing that there's been no improvement for any but the elite.
...oof! Fair point.
Because he isn't. It's borderline impossible to buy a house, gas prices are still through the roof, and consumer prices have skyrocketed. The article tries to play down the latter two increases by pointing to the average wage. However, studies show that most Americans have received a wage/salary increase in the last three years. This, in turn, suggests that the average wage increase championed by the EPI (which, by the way, is essentially the liberal version of the Heritage Foundation) is more likely related to a significant increase at either the floor or ceiling of wages. With the Fight for 15 movement gaining increasing popularity over the last few years, and a growing number of states increasing their minimum wages, it wouldn't be surprising if its mainly the floor that's increasing. If that's the case, the fact that the average wage is increasing is relatively meaningless for most Americans.
I don't think you understand how bad the Heritage Foundation is. EPI, for example, isn't drafting anything remotely as awful as Project 2025. EPI isn't trying undermine democracy, it just provides a counter to the acid the Heritage Foundation peddles as a tonic.
I mean, Project 2025 is essentially a brief on how to reduce government bureaucracy and regulation, which has been a position of conservative economics for as long as I can remember. EPI also briefs lawmakers on how to implement liberal economic policy. I'd hardly call either of those undermining democracy.
This loser upvoted his own shit! AND boosted himself! Wow, what a cuck!
There's lies, there's damn lies, and then there's statistics