US economy going strong under Biden – Americans don’t believe it
US economy going strong under Biden – Americans don’t believe it
Despite a strong economy, an exclusive Guardian poll shows mistrust in media and government means disbelief in both parties
You're viewing a single thread.
Does the definition of "economy" actually include people or are we just looking at corporation numbers because I can believe THAT economy is going strong but there's no way I believe that the entire economy is doing just fine. You don't need to look further than the grocery store prices to see that.
Or housing prices compared to local wages
This is entirely controlled by local zoning policy, so isn't relevant.
Er, what? Maybe it's not relevant in every single location, but it's definitely relevant for most of us right now. House prices in my area have almost doubled in the last 4-5 years, and rents are up similarly. Maybe it shouldn't have to be relevant, but it definitely currently is. Even when zoning policies change, it can take years to have a meaningful impact on housing availability or prices because it takes time to build units or convert existing buildings.
This is a conversation about federal policies, making home prices - which are controlled locally - not relevant to the discussion.
Not sure what you're missing here. Biden can't go into every town and change local government.
Looking at the grocery store (as a proxy for cost-of-living) and then looking at median wage growth, the former has been going up a lot faster than the latter. Of course "the economy" is going gangbusters, it's being subsidized by squeezing wealth out of the working class
People. Wages are also rising across the board, hiring is through the roof (hence rising wages), etc.
There is no person the economic turnaround is not directly benefiting.
You don’t need to look further than the grocery store prices to see that.
This is an ass-terrible measure of economic conditions.
There is no person the economic turnaround is not directly benefiting.
I call bs. I'm not suggesting it's hurting anyone but there are definitely those who's financial situation is no better. We need stronger social services, not just growth.
While I agree that we need better social services, that doesn't change the reality of everything else I said.