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Old 01-24-2024, 10:35 AM   #5580
mikemhg
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Consumer bias and the way media represents the news is so fascinating to me. You still get people who are saying the economy was "better" under Trump, yet those details don't ring true, necessarily.

It appears that "Bidenomics" is actually working. S&P 500 just hit record levels (say what you will if you believe that indicates economic health, but Trump would tout that if he was president right now). Inflation in the US is going down, their economy has been one of the few worldwide to pivot the economic downturn/depression.

Wages are up substantially since he's taken office as well:

https://cepr.net/wages-up-by-1-2-tri...per-household/

Consumer sentiments are up:

https://www.wsj.com/economy/consumer...onomy-e964804f

Yet if you ask any Tom, Dick and Harry they'll tell you Biden sucks, the economy sucks. It's all very bizarre, the Democrats are fucking terrible at celebrating their wins, while the Republicans can cheer on the accomplishment of dropping a steaming hot turd.

None of it makes sense.
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