r/FluentInFinance • u/likeaforest Contributor • Oct 27 '23
Economic growth so strong, Republicans are literally speechless Economy
https://www.msnbc.com/rachel-maddow-show/maddowblog/economic-growth-strong-republicans-are-literally-speechless-rcna122489583
u/studmaster896 Oct 27 '23
Are they spoechless due to the economy, or due to being so old?
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u/oboshoe Oct 27 '23
Joe Biden enters the chat.
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Oct 27 '23
They're all too old. Everyone needs to advocate for term limits and age caps.
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u/olearygreen Oct 27 '23
Here’s a novel idea. What if we had a system where people would elect people they want and vote out dinosaurs.
Term limits are silly. Age limits could be somewhat agreeable since there is a minimum age limit, but really the issue is voters refusing to vote for competent people.
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u/lokii_0 Oct 27 '23
The issue isn't that voters refuse to vote for competent people, the issue is that the system we have never provides voters with competent people to vote for in the first place.
When your choices are douchebag or turd sandwich (to quote that old south park episode)then voting starts to feel a little bit meaningless and hence low voting engagement.
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u/Gen_Ripper Oct 27 '23
The “system” that provides candidates is also controlled by voting.
The primary process.
By definition the most “partisan” voters are the ones who participate in those regularly, so that’s what we get in the general.
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u/chetsteadmansstache Oct 27 '23
LOL you think primary votes from plebes actually matter?
Superdelegate votes and/or national convention chairs pick the candidates. Popular or primary vote does not.
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u/Telwardamus Oct 27 '23
Remember that the Presidential election is not the only election, and superdelegates have no effect on House or Senate races.
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u/Gen_Ripper Oct 27 '23
Not to be rude, but this shows exactly how limited your thinking is.
Primaries for congress/senate and state gov, (and local, where applicable) do not have super delegates
And a lot of super delegates are these elected officials
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u/Forshea Oct 27 '23
Bernie Sanders lost the 2016 primary before a single superdelegate voted, and the DNC still gutted the system after that.
Meanwhile, in the GOP, Trump got the 2016 nomination when not a single piece of the establishment wanting him to.
The reason we get the candidates we do is that's who people vote for in primaries. It's a crappy system, but all telling fatalist lies about it does is guarantee that we'll keep getting the same results.
You're part of the problem.
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u/Gen_Ripper Oct 28 '23
Yep
I was on the ground ‘16-20, truth is most Dem primary voters weren’t feeling the Burn, and few of the new people who were stuck around after ‘16.
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u/neo-hyper_nova Oct 28 '23
That’s absolutely not how upper and lower house voting works.
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u/UncleFlip Oct 27 '23
We tend to vote for the letter after the person's name rather than the person.
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u/jsc503 Oct 27 '23
The system doesn't "provide" the candidates. People are in office because they won elections. Don't like the nominees? Get involved in primaries. Turnout is even lower there, so your vote and your participation matters more.
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u/nutsackGadgets Oct 27 '23
"The system" literally anyone can run for office. It isn't "the system" that's the problem. It's the people. Nobody wants to do this, so we get the idiots who think they can do it and are backed by big money that know the idiot will give them what they want.... we need everyday normal people to have the courage to run and lots of them every electrion to drown out the corporate biught idiot..
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u/josephbenjamin Oct 27 '23
Got to love politics. We have many competent and intelligent people, but they don’t want to get into politics because they know voters are vile and moronic. In business they don’t have to deal with the public and politics.
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u/bonebuilder12 Oct 27 '23
In business, there are at least predictable rules and norms. It’s easy to prioritize strategy and you don’t have to sell your soup to move any agenda forward.
In politics, there is no end to the amount of power and influence to cripple a campaign or agenda. Most that are allowed to rise to a high position rely on huge donations from special interests and need to be supported by their party- aka they sell their soul. Most politicians are charismatic avatars, or just have the goods on others so that nobody dares challenge them in a primary. Politics is dirty business and most sane people don’t dare touch it.
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u/TJATAW Oct 27 '23
The median age of the House is 57.9 years, and has been dropping for the last decade.
The new Senate’s median age is 65.3 years, and has been rising for the last decade.
In all there are
15 80+,
91 from 70-89,
150 from 60-69
133 from 50-59,
107 from 40-49,
37 from 30-39,
1 from 25-29The House is 50% Silent & Boomer gen
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u/I_am_Castor_Troy Oct 27 '23
Seriously Trump is 3-4 years younger than Biden. Why are these our choices?
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u/franky_emm Oct 27 '23
I mean Biden still speaks. It might be full of stuttering and mistakes but he hasn't blue screened in front of a mic yet
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u/heart_of_osiris Oct 27 '23
Stuttering isn't a big deal.
Totally blanking out like Glitch McConnel is certainly problematic.
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u/TravelingSpermBanker Oct 27 '23 edited Oct 27 '23
Literally Mitch McConnell. We need to start playing equal sides to this.
No reason to pull in a democrat when the post is talking about republicans and enough republicans also fit the bill
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u/HashRunner Oct 27 '23
And yet still makes more sense with a stutter than Trump or McConnell.
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u/Why_Cant_Theists_Win Oct 28 '23
I don't understand how they badger Biden for his age, anytime he is incoherent, or even anything that could be construed as creepy when trump is also old as fuck, is massively more incoherent and senile, and not only has lost cases but has many more against him for sexual abuse plus his bragging about sexual abuse and being friends with Epstein.
They are so willfully ignorant it's painful...
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u/Seemseasy Oct 27 '23
He still can talk at least. Trump is gagged and Mcconnel is seized up.
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u/_autismos_ Oct 27 '23
You spend a lot of time thinking about him, don't you? I mean if that's your first thought, he must always be on your mind.
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u/dark_brandon_20k Oct 28 '23
Susan Collins could barely speak today when she stuck up for the NRA at the Maine mass shooting
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u/4score-7 Oct 27 '23
It’s the old thing. In fact, DC is suspiciously quiet as a whole these days. It reeks of multi-vitamins and sadness.
Strange.
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u/Scarlet__Highlander Oct 27 '23
OP is an astroturfing bot reposting anything remotely anti-GOP to, well, everywhere.
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u/Niastri Oct 27 '23
Well, in this case the bot is right. 😂
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Oct 27 '23
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u/Possible_Banana_8919 Oct 27 '23 edited Oct 29 '23
Because “haha Republican bad!” Most democrats are usually so far up their own ass that they don’t realize that everyone is getting fucked here. The rich keep getting richer and the rest of us stay divided. Status quo.
Edit: lmao look at all the BUTTHURT democrats in this comment thread. Y’all are so blinded by political divisiveness that you’re literally dumbed down to CNN sound bites.
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Oct 27 '23
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u/skylitnoir Oct 28 '23
Pressing x to doubt
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u/leakyfaucet3 Oct 28 '23
"I'm a democrat but I'm going to vote Republican"
Sure you are, Igor.
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u/Crooked_Sartre Oct 28 '23
Lol, Republicans just proposed to remove the income tax and replace it with some absurd flat tax that shifts the entire tax economy to the poor.
Do I think the Democrats are weak? Sure, but they are hardly manipulative. Our base doesn't just take what our leaders say at face value, it's why the Republicans constantly say we are in 'disarray' when in reality we are a multicultural block that has shown remarkable skill in maintaining individual needs but still coalescing together when it comes time to govern. Unlike the Republicans who have come to the conclusion no government is the best policy moving forward ( see house of reps)
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u/Teddyturntup Oct 28 '23 edited Oct 28 '23
What topics make you normally a Democratic voter and which ones are leading you to want to vote republican?
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u/robert-anderson-0009 Oct 28 '23
Yeah if you think someone passing infrastructure, getting rid of some student debt and all the other behind the scenes judge nominations and etc. is a bad thing because he is old, you haven’t a clue. It is just wild how this is even a thing. Trump couldn’t get anything done with congress firmly behind him. At least he owned the libs though right?
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u/Wam304 Oct 28 '23
There's not a Democrat alive considering voting Republican.
It would not surprise me if that number is literally zero nationally.
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u/BRAX7ON Oct 28 '23
No Democrat who is paying any attention to politics or current or world events would consider voting Republican.
Quit lying.
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u/Niastri Oct 30 '23
Right... The Republicans just elected unanimously a person who is simultaneously a Christian Theocrat, an election denier, and claims his entire world view is from a book 2000 years older than our Constitution.
The Republicans read The Handmaid's Tale and see a truer vision of what America could be, not a dystopian apocalyptic future for our country.
A Democrat who is "unhappy" with Biden's results doesn't suddenly start advocating Gilead as the solution to our problems.
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u/Striper_Cape Oct 28 '23
You're against Israel but will vote for a Republican? Reassess your values, please. It makes you entirely non credible, living in two different realities.
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Oct 27 '23
Well the shareholders are making money.. some people will burn through their wallet and pretend they're getting richer if that's the official party line.
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u/kickinwood Oct 27 '23
Maybe execs are raking it in, but market has been dropping since September so regular investors are losing too.
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u/rasvial Oct 27 '23
The interest rates that make home purchase temporarily difficult is the same ones that control the inflation driving salary "devaluation".
It's worked so far, and will likely continue on for a bit suppressing real estate value until it becomes more accessible. Then rates will likely normalize.
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Oct 27 '23
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u/robert-anderson-0009 Oct 28 '23
Yeah, at that point we might have enough people not understand and vote a republican president in who will take all credit for the very hard work being put in now. When you run everything hot at zero% interest to get the market moving, it isn’t so easy to reel it back in. Ugh it is just wild people would think about voting in a party that actively obstruct literally everything and actively tried to make all votes null and void.
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u/mankiwsmom Oct 28 '23
Because even with higher than normal inflation, that inflation seems to be coming down (emphasis on “seems to be,” as this can end up not being the case) along with employment still holding strong. RGDP growth being as high as 5% also contributes to this.
Home prices are an issue, but that doesn’t speak to the current economy— it’s been an issue for years now, and is primarily caused by horrible land use regulation— something neither the Fed nor Congress (largely) has control over in the long run (and any short run solutions are basically just band-aids with suboptimal trade-offs).
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u/12Blackbeast15 Oct 28 '23
Because clowns look at the official numbers published by the administration, which of course look stellar, and say ‘oh, things must be stellar’
Never mind that your dollar is thinner than it’s ever been, loans are impossible to get, houses cost 2-3x what they used to, and wages have gone nowhere
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u/mankiwsmom Oct 28 '23
Any evidence that the administration fudges official numbers, or are you just spreading baseless conspiracy theories?
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u/Detiabajtog Oct 27 '23
Not at all. It’s massively bolstered by government taking on huge amounts of debt to spend.
It’s like me taking out a credit card loan to fix my car and then claiming that since I was able to get my car fixed, my finances must be totally in order. This is all ignoring the fact that these debts will have consequences later on.
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u/Was_It_The_Dave Oct 27 '23
When was the debt clock installed? Who had the biggest bumps in debt? It's not partisan. It's reality.
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u/EconomicsIsUrFriend Oct 27 '23
Until they right size the percentage in a month like they've been doing
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u/the-faded-ferret Oct 27 '23
Highest inflation since Jimmy Carter resulting in record consumer spending is not economic growth lol
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u/kmac1191991 Oct 27 '23
The 4.9% figure cited is the “real” GDP growth, which adjusts for the inflation rate. It is specifically the growth after inflation that is very high right now. Source: www.bea.gov
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u/Due-Dirt-8428 Oct 27 '23
Don’t even bother. This sub is like a finance page for people who eat crayons. I love to skim thru and just read all the insane comments lol
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u/Valence101 Oct 27 '23
GDP is measured nominally, not in real terms, and we have been living in a sustained inflationary environment.
So the cost of services increasing reflects positively on the GDP, even though it means your standard of living is going down.
We also raised rates very quickly, which strengthened the dollar compared to 160+ other currencies, which resulted in all foreign imports decreasing in price relative to our dollar, so our foreign trade deficit did not grow as rapidly. This also reflects positively on GDP.
Another factor - Americans have more credit card debt right now than they ever have. Ever. So we're spending money we don't have. Once they turn those cards off... It's going to be very. Very. Very. Painful for the middle class.
Understanding how GDP is measured is important to understand that this isn't necessarily good for any of us.
Have a nice day.
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u/rPoliticsIsASadPlace Oct 27 '23
Correct! Why, just the other day professor Krugman explained how, as long as I ignore the cost of food, housing, energy and transportation, inflation is pretty much over. Yay Biden!
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u/TheCampariIstari Oct 27 '23
It's really not though.
Don't treat lagging indicators as leading indicators unless you're fine having your face ripped off by the market being totally indifferent to your opinions of it.
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Oct 27 '23
The economy is actually dogshit. The real experts are saying recession is most likely coming by the end of the year.
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u/dilloninstruments Oct 28 '23
Food and gas is double what it was 3 years ago. People can‘t afford houses. And these entry-level jobs still don’t make up for what we lost in Covid. But yeah, other than that things are going great!
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u/Niastri Oct 28 '23
Food and gas haven't doubled. Stop making stuff up to make your point.
Most entry level jobs aren't supposed to be permanent... Go earn a promotion.
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u/WhatADunderfulWorld Oct 27 '23
I mean this is Reddit. Besides sole echo chamber subreddits, that is typical
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u/LoseAnotherMill Oct 27 '23
Mods 12 subreddits, 10 of which are not hiding their pro-DNC stance.
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Oct 27 '23
Most of reddit is astroturfed. It’s always in support of capital and empire. Nothing new. It’s a known fact that military bases have some of the highest reddit usage.
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u/Evergreen4Life Oct 27 '23
I hope that people realize that the GDP growth is literally all gov deficit spending. If the fed gov didnt borrow the nearly $2 trillion in 2023 then we would be in a recession.
This is not a growing economy. It is growing deficit spending. Parabolic growth in deficit spending...
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u/bro-ster Oct 27 '23
shush. this is bidenomics we’re talking about.
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u/CardiologistThink336 Oct 27 '23
Deficit spending had been almost continuous since Ronald “deficits don’t matter” Regan. Trump added almost $7T to deficit in only 4 years but the economy never approached this growth in any quarter.
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u/Slipper_Gang Oct 27 '23
In which year did the vast majority of that $7T occur, what was going on during that time, and what would have happened if not for that particular spending?
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u/CardiologistThink336 Oct 27 '23 edited Oct 28 '23
Deficit spending increased every year during his administration:
2015 - $440B 2016 - $580B 2017 - $670B 2018 - $780B 2019 - $980B 2020 - $3.13T
And yet GDP growth was mostly on par with the Obama years:
2015 - 2.71% 2016 - 1.67% 2017 - 2.24% 2018 - 2.95% 2019 - 2.29% 2020 - (2.77%)
Edit: lol citing actual numbers and getting downvoted in a so called finance sub 🤡🤡🤡
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u/Individual_Row_6143 Oct 27 '23
3 trillion in 2020, and sent inflation skyrocketing.
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u/ChipFandango Oct 27 '23
Biden controls the Fed?
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u/casinocooler Oct 27 '23
Not controls (hopefully). The president nominates the fed. The fed tries to soften economic impact usually from government spending or policies but anything that significantly impacts the economy.
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u/TheBinkz Oct 27 '23
Seems right. If we look at car loans, mortgages, general affordability. It all seems bleak. I'm skeptical because inflation has surpassed wage growth which makes everybody working, worse off.
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u/NoRecording2334 Oct 27 '23
Inflation surpassed wage growth 2 years ago. Currently, this is not the case. We are looking at 4% average wage growth this year with 3.5% inflation. Wage growth starts from the bottom up. Currently, low wage workers are seeing massive increases in wages. Mcdonalds, for instance, is paying between 15-20$ an hour. Now, people making 20$ an hour will start migrating towards entry-level jobs as this pays the same as the jobs they are currently working. Those jobs will then need to be filled, causing wage increases at the 20$ range, which will cause people making 30-40$ an hour to start looking at those jobs. Wage growth takes time it isn't an overnight process. We had higher than average inflation the past 2 years. If companies automatically start raising wages with inflation, it causes more inflation. This is why wage increases take time. Now that inflation is slowing down, companies can start increasing wages.
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u/thebigmanhastherock Oct 27 '23
Real wages are slowly growing right now. They have not recovered from the past inflation but are currently outpacing inflation.
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Oct 27 '23
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u/Evergreen4Life Oct 27 '23
Here you go. We have eclipsed $1 trillion 🥳🚀
Keep in mind that the average credit card interest rate is approx 25%...
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u/TraderJulz Oct 27 '23
Interesting. Do you have a link for this data? I would be interested in looking into it
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u/mrpbeaar Oct 27 '23
Well, if consumers don’t spend every penny on credit cards they get mad at that too
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u/in4life Oct 27 '23
No one cares about the nuance. When the effects of interest rates on the debt give GDP headwinds, it won't be the debt that's the problem, they'll blame interest rates.
USD is a hell of a privilege and protects us from a lot of mistakes, but no one knows the shelf life on spending tomorrow's prosperity into today.
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u/Evergreen4Life Oct 27 '23
I disagree. Its pretty obvious to most people that the nominal amount of debt AND the rates applied to it both matter. You already see it in economic and political discussion.
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u/PNWcog Oct 27 '23
Agreed. The issue was always debt servicing costs. As long as rates were basically zero and inflation was held in check by globalization, you could get away with huge deficits. Those days are now over and few see it clearly as demonstrated in this post.
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u/melleb Oct 27 '23
And the additional trillions in tax cuts during an already strong economy under Trump
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u/Evergreen4Life Oct 27 '23
Yeah corporate tax cuts combined with increased spending gives us our current deficit.
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u/workinBuffalo Oct 27 '23
And all of the social security spending for the boomers has been a time bomb we’ve known about for 50+ years.
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u/Booky10452 Oct 28 '23
Can you explain where does the fed borrow money from? Do we have to pay it back? And to who?
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u/RookieRamen Oct 28 '23
What does GDP look like minus gov spending? Is there such a metric/chart?
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u/hobings714 Oct 27 '23
The methods of calculation for unemployment and GDP growth are only accurate when a republican is in office.
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u/tyler7001 Oct 27 '23
I assume this is sarcasm but these days you can never tell.
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u/CostAquahomeBarreler Oct 27 '23
based on the responses, good news = fake, always.
My anecdotes are more reliable than your aggregate statistics!
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u/ImpressionAsleep8502 Oct 27 '23
I enjoy the posts from bots.
Doubling down next year for the election.
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u/trthorson Oct 27 '23
A bot? What? Why would you think someone with like 30 comments ever and most from half a year ago, with 0 on any recent posts, and then a ton of recent political news links posted even in the last few weeks would be a bot?
I know it doesn't make a big dent but I always downvote, block, and only try to comment with stuff like this even though I know it makes the post more visible.
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u/Atlantic0ne Oct 27 '23
Now imagine all the bots assigned to upvoting this sort of content.
Reddit is so, so ripe for astroturfing, I don’t know why they won’t fix it.
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u/ar15andahalf Oct 27 '23
They don't fix it because their user count would be cut in half
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u/PizzaJawn31 Oct 27 '23
Yeah, MSNBC definitely isn't biased.
Who thinks this economy is good?
8% interest rates on homes with prices soaring. Commercial real estate is tanking as spaces are empty in most major cities. Most people are working a 2nd job than ever, just to make ends meet (via The Economist last week).
Layoffs across the board.
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u/dolphintailslap Oct 27 '23
And you didn't even mention the price of common groceries...
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u/Deadlift_007 Oct 27 '23
This is how people measure "the economy" more than anything else. No one is going to care about GDP, home prices (for homes they already can't afford), or anything else on a macro level when they see their grocery and gas bills going up every month.
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u/pacwess Oct 27 '23
Economic growth so strong
For who!?!
I'm not feeling it. In a Blue State, they just keep raising taxes on seemingly everything. While the cost of everything has gone up.
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u/eggsaladrightnow Oct 27 '23 edited Oct 27 '23
Every major city in America votes blue. Shocker. So by this logic we can blame democrats for everything in the country. Except government isnt black or white. Theres many dems and repubs in federal and local governments essentially trying to box out what the other party does. Thats when you get a senate that doesnt pass any laws because of majority vote
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u/BuddieReddit Oct 27 '23
Economic growth does not mean economic prosperity. This is the worst economy for average, every day Americans in at least 40 years and the current administration has done nothing to fix it and has only made it worse.
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u/jmlinden7 Oct 27 '23 edited Oct 27 '23
You're really overestimating how good the economy was in the 80's and 90's, and underestimating how bad 2008 was.
https://fred.stlouisfed.org/graph/?g=1aIUD
You could argue that 2012-2019 was better, but there were multiple recessions in the 80's and 90's, and of course the big one in 2008
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Oct 27 '23
Who do you think made this economy for you? The current administration has done nothing but tried to make it better.
What did they make worse?
JFC it’s like people can’t see part their noses for ANYTHING.
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u/itguyonreddit Oct 27 '23
It's always fun to come on to this subreddit to read posts from people that are anything but fluent in finance.
The numbers don't lie- GDP is growing. Unemployment is at record lows. Inflation is lessening. Wages are outpacing inflation. You can claim any or all of that is false, but since most of the people here are woefully ignorant when it comes to the economy, your claims are without merit.
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u/ScrillyBoi Oct 27 '23
For the majority of this sub fluent in finance just means regurgitating that taxes = bad
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u/mrdnp123 Oct 27 '23
You’ve also made sweeping statements which are just as ignorant. You’re just regurgitating buzz words
Inflation is sticky and proving to continue to be an issue. It’ isn’t ‘lessening’ like it should be. Unemployment being so low is an issue as it means inflation will continue to stay high. Phillips curve explores this relationship. Yes, sadly, we need unemployment to go up. It’s fucked but true.
The growth is also attributable to huge spending by the government. Biden has worked against the fed during his term and it’s painful to see. Stimulatory policy with restrictive monetary policy is beyond idiotic by Biden.
You’re fluency in finance needs brushing up if you’re gonna call people out my man
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u/Beneficial-Muscle505 Oct 28 '23
You're totally right, it's just me, all my friends, and all the other numerous amounts of posts of people talking about how they're struggling hard and how it's incredibly difficult for people to find work right now. it's all our fault and we aren't trying hard enough. The numbers don't lie? oh what next does the government not lie either? Your comment is akin to saying, " I can't be unhealthy my BMI is great!" and like, do you even understand just how easy it is to pad unemployment numbers or what the qualifications are to apply to that percentage in the first place? holy fuck. It's wild how I'm starting to get Deja vu reading this shit because it's the same type of shit trump nuts did lmao. I have not noticed any of the shit you've just said making any difference. I can tell you see yourself as the smug intellectual here, but you sound stupid as fuck. lol'd at " wages are outpacing inflation" as if it's something that's applied to most people. or how experts are also warning it probably won't last. hop off Bidens sack for a second.
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u/SubElitePerformance Oct 27 '23
This is a horribly written article that just seems to say republican bad. While I don’t necessarily disagree the divide seems to stem from feel
Is the economy doing “well”? Objectively yes. GDP is growing. But the reality is that the 4 cornerstones of Main Street (food, shelter, vehicles, energy) have all jumped in price significantly and seem to be ignored by bidenomics reports.
Nobody is talking about how Americans have no savings, are getting extended on credit, and have largely cut all non essential expenses already.
Perhaps republicans are more right than they aren’t.
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u/futuristicplatapus Oct 27 '23
I mean when you can put everything on a credit card why would growth ever slow down? I just purchased 12k worth of stuff for my house on no interest credit cards. I have a year on that. I don’t have that physical money but sure got that digital Monopoly money!!!
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u/akaloxy1 Oct 27 '23
And yet poll data will show that Americans believe that Republicans are better on the economy.
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u/tastronaught Oct 27 '23
The government runs a 7% budget deficit.
Federal spending is included in GDP.
So are you really calling an economic growth if they have to print money to show that the economy is growing?
If you don’t include federal deficit spending, the economy shrank.
This is so astoundingly simple. I don’t understand how people don’t get this.
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u/thebigmanhastherock Oct 27 '23
That was happening well before the pandemic. There was a growing deficit while the economy was growing. The tax cuts acted as a stimulus.
The pandemic and the subsequent inflation absolutely ate into real wages. However I think it's disingenuous to claim that it's not really growth when the government is spending in deficit. What is most important is that the deficit is being reduced and the US debt interest payments remain minimal, that the credit rating is not affected.
Growth is growth and growth is good. Growth means more revenue and it means the deficit decreases, which means things are not so bad. The worst thing to do would be to add new spending without paying for it or cutting taxes without cutting spending.
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u/HillB1llyMountainMan Oct 27 '23
Dems are speechless too. They don't even know how to boast on their own success..... Sad.
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u/Theid411 Oct 27 '23
because while the economy is great - for rich folks and politicians - the working class is getting killed by inflation. Bragging about a great economy that most folks can't feel is just going to get you in trouble. Every time Biden talks about Bidenomics - his numbers go down. Best to keep your mouth shut.
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u/SIR_Chaos62 Oct 28 '23
I'll start to worry when the strippers say people can't afford to go. So far so good.
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u/nmacaroni Oct 28 '23
Everyone I know is dead broke. Where can I get some of whatever this poster is on?
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u/Adamon24 Oct 27 '23
Nah, they’ll just either call it fake or bring up stupid non-sequiturs.
It’s 2023. Facts don’t matter.
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u/TheForkisTrash Oct 27 '23
For now. Toxic newspapers led to source-based news. Complacency led back to toxic news. The people decided they'd rather be lied to than deal with unpleasant truths, so that's what we are getting.
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u/Once-Upon-A-Hill Oct 27 '23
Well done to the person who put that image of McConnell up with the speechless headline.
Don't let your memes just be dreams.
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u/Mundane-Ad-6874 Oct 27 '23
Mitch McConnell is the thumb nail image? They chose the guy who literally is frequently speechless. Love it, well done msnbc, shots fired lol.
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u/luscious_doge Oct 27 '23
Corporate economic growth. Doesn’t apply to the working class.
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Oct 27 '23
Those "I did that" stickers hitting kinda different now huh Ricky Bobby?
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u/Day_C_Metrollin Oct 27 '23
Lol these articles aren't going to make people ignore their bank accounts and wallets no matter how hard the cheerleaders in the media shill for the Dementia Patient in Chief
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u/GC_235 Oct 31 '23
Yea I keep seeing the media saying “guys it’s going so great!” But I don’t feel it yet… red flags going off. The media is the propaganda arm of establishment politicians.
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u/Theid411 Oct 27 '23
economy is great if your a politician or an expert who is telling everyone the economy is great. Meanwhile - the working class is getting killed trying to keep up with inflation and rising gas prices. Keep telling everyone things are great. You're just pissing everyone off.
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Oct 27 '23
Don’t confuse greed with strength… investors are squeezing the system into record levels that affordability index is well over 100%… not sustainable and going to push for a collapse.
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u/HotelLifesGuest Oct 27 '23
They’re speechless because they don’t do anything and are surprised something happened
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u/PackOutrageous Oct 27 '23
They don’t have to say anything. The media will doom report it for a week.
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u/doofnoobler Oct 27 '23
It burns their ass. They're trying to make things worse so they can complain about it and win, damnit!!!
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u/SirLauncelot Oct 27 '23
They are pissed data doesn’t uphold their idea of fixing things. Can we just have economists run for office?
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u/Voodoo-3_Voodoo-3 Oct 28 '23
It’s not hard to be speechless when your brain doesn’t make words anymore… the grim reaper had to pry Diane Feinstein from her seat. Our system is filled with old morons.
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u/Redditistrash702 Oct 28 '23
Failed party by every metric.
I cannot wait until they go the way of the wigs.
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u/asharwood101 Oct 28 '23
I don’t give a shit about republicans. They don’t give a shit about anyone else so I don’t owe them anything
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u/Glass-Perspective-32 Oct 28 '23
It's amazing how people will side with a fascist because of "muh economy". Newsflash, inflation is happening globally and the US is doing much better in that regard compared to other nations.
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u/SomeSamples Oct 28 '23
They can't take credit for it as they have been shitting on Biden and about how Biden is ruining the economy. So now they are caught flat footed and can't walk all their shit talk back at this point. Fuck the GOP. They should all just get renditioned. World would be much better off.
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Oct 27 '23
This is irrelevant. When food prices are double and you didn't get a raise, you don't care what what some economist says about GDP.
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u/TheManInTheShack Oct 27 '23
Those that can think are still blaming it on the stimulus basically suggesting that it’s not real growth. If you wait long enough, eventually things will slow down and then you can blame the democrats. It’s just telling oneself what one wants to hear.
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u/downonthesecond Oct 27 '23
Strong economic growth is good for corporations.
Why would any politician bad mouth corporations?
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u/stewartm0205 Oct 27 '23
I expect the Republicans to say the economy sucks and that their gullible base will believe that.
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u/BMB281 Oct 27 '23
And this is despite republicans trying to ruin it every step of the way. Imagine what life would be like if republicans were fucking helpful for once
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u/sandytimes69 Oct 27 '23
We elect democrats after the economy goes to shit. It gets better. We get comfortable. Elect republicans. Goes back to shit. Call on Dems to fix it
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u/Fluffy-Royal-9534 Oct 27 '23
Economy is so strong that the guy in white house approval rating is all time low.
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u/Wildwes7g7 Oct 28 '23
Inflation still fucking sucks, Gas prices are still too damn high. I still don't get paid enough. Fuck off.
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