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Comment on All the Good Economic News Vindicates Bidenomics

I haven’t claimed that it’s perfect for everybody — just that for most people, it’s a lot better. More people are working than pre-pandemic. Inflation went down to normal levels. Median wages are rising faster than inflation.

Those things didn’t happen in every country, and it’s a credit to policy under the Biden administration that they have.

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circuscritic@lemmy.ca ⁨1⁩ ⁨month⁩ ago
Saying inflation is down to normal levels, is like saying your house is no longer on fire… because it already burnt down.

So now that we’ve addressed that pretty blatant spin on inflation levels, let’s go on to how wages are outpacing it.

Because of course, you don’t mean wages have kept up with inflation through his administration. You just want you compare some conveniently specific points in time where you can higher that stat to work in your rhetorical favour.

And do I really have to explain why using the number of jobs as a stat, instead of quality of jobs, it’s just more MSNBC, NYT, and Harris campaign smoke and mirror BS?

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- silence7@slrpnk.net ⁨1⁩ ⁨month⁩ ago
  As I’ve said, this is a seriously dumb take — the world isn’t some perfect place, but US policy resulted in less overall inflation before getting things back to normal than most other developed countries. That’s about as good as you can get.
  
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  - circuscritic@lemmy.ca ⁨1⁩ ⁨month⁩ ago
    Wait, are you kidding?
    
    You lay out completely bogus and rig stats to support your case.
    
    But when I call out how bogus and rig those stats are, that’s a really dumb take?
    
    Okay buddy. Got it.
    
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    silence7@slrpnk.net ⁨1⁩ ⁨month⁩ ago
    So you have no evidence and need to resort to conspiracy theories
    
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glitchdx@lemmy.world ⁨1⁩ ⁨month⁩ ago
you’re wasting your time arguing with asealion.

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- silence7@slrpnk.net ⁨1⁩ ⁨month⁩ ago
  I’m making the point for others reading it, not for the troll.
  
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  - circuscritic@lemmy.ca ⁨1⁩ ⁨month⁩ ago
    I’m still waiting for you to tell me what conspiracy theories I’m trolling with.
    
    Cuz it seems like to me one of us is actually aware of the economic indicators, and broader economic trends, and the other, is you.
    
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  - glitchdx@lemmy.world ⁨1⁩ ⁨month⁩ ago
    fair point.
    
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