There are countless comments trying to keep in people’s minds that Democrats didn’t do anything to help people. The end goal is obvious, I don’t think I need to spell out to anyone unless it’s their first election that the classic cycle is that Republicans fuck things up and Democrats clean it up, but get no credit for it. Same reason users want to focus on “the economy” in a very specific way, despite Biden’s clear accomplishments.
Consider some of the headline economic statistics released the last few days, on top of the GDP release. At 3%, inflation is now at its lowest since the pandemic, down from its peak of nearly 10% of last year. Commodity prices have plummeted by at least 50% across the board, ranging from energy, food, agriculture, and metals. Some such as lumber are down a stunning 95% in a year. Even gasoline prices, which have ticked up slightly in the last few weeks, are now lower than pre-Ukraine conflict levels.
Meanwhile, the unemployment rate of 3.7% is at a 54-year low, and the unemployment rate has stayed below 4% for the longest stretch in the last 50 years despite the Fed raising interest rates from 0 to 5.5% in a year. The last time this nation saw such good employment news, LBJ was the president and Bonanza was the top show on TV. In almost every major sector, real wages are now growing faster than pre-pandemic, with record workforce participation, amidst millions of new and returning workers—partially thanks to the workforce training, education, and childcare policies that are core pillars of Bidenomics.
The strength of our economic recovery is not just reflected in the headline statistics. In the private sector, corporate earnings calls this last month have resulted in many major companies across sectors beating their expectations by a healthy margin, and many CEOs are raising financial guidance for the rest of the year due to the stronger-than-expected economy.
Biden turned things around, and no one here will give him any credit because it didn’t happen fast enough.
I just disregard anyone acting like Democrats can’t get anything done like I have every election, because Republicans don’t help whatsoever and Democrats do, and it seems people need to learn this lesson again. Buying into the idea that Democrats are inept got us here instead of a continuation of the above.
There are countless comments trying to keep in people’s minds that Democrats didn’t do anything to help people. The end goal is obvious, I don’t think I need to spell out to anyone unless it’s their first election that the classic cycle is that Republicans fuck things up and Democrats clean it up, but get no credit for it. Same reason users want to focus on “the economy” in a very specific way, despite Biden’s clear accomplishments.
https://insights.som.yale.edu/insights/the-critics-of-bidenomics-are-being-proven-wrong
Biden turned things around, and no one here will give him any credit because it didn’t happen fast enough.
I just disregard anyone acting like Democrats can’t get anything done like I have every election, because Republicans don’t help whatsoever and Democrats do, and it seems people need to learn this lesson again. Buying into the idea that Democrats are inept got us here instead of a continuation of the above.
Fucking thank you!