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All the Good Economic News Vindicates Bidenomics

⁨25⁩ ⁨likes⁩

Submitted ⁨⁨8⁩ ⁨months⁩ ago⁩ by ⁨silence7@slrpnk.net⁩ to ⁨nyt_gift_articles@sopuli.xyz⁩

https://www.nytimes.com/2024/10/07/opinion/biden-trump-harris-economy.html?unlocked_article_code=1.QU4.ArzN.hCF4GqLDvc5d

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  • circuscritic@lemmy.ca ⁨8⁩ ⁨months⁩ ago

    Oh great, I guess there’s no real problems then, and everyone’s is just hallucinating their economic troubles into existence.

    Thank God the New York times editorial board is there to clear that up for us.

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    • silence7@slrpnk.net ⁨8⁩ ⁨months⁩ ago

      That’s a nonsense take — nobody claiming that there is no hardship; only that the US has done a lot better than most other countries at handling the economic fallout from the pandemic.

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      • circuscritic@lemmy.ca ⁨8⁩ ⁨months⁩ ago

        Take your pick, you can’t have it both ways.

        Either Biden’s economic policies have been great for the economy, and everyone saying otherwise is just spreading this information, or misinformed.

        Or, his policies have helped a certain class of wealthy Americans, while leaving the rest of the middle and working to decline, just like every other administration of the last 40 years.

        So which is it?

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    • ChonkyOwlbear@lemmy.world ⁨8⁩ ⁨months⁩ ago

      You know how a freight train can take miles to stop after the brakes are applied? The economy is like a big ass train, so any changes are going to take a long time to take effect. The train is slowing down, but expecting it to stop on a dime is just unrealistic.

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      • circuscritic@lemmy.ca ⁨8⁩ ⁨months⁩ ago

        So what you’re saying is, is that Biden really wants to help the economy, and he wants it to be better, but it’s too big for that to happen?

        I’m sorry, setting aside the pedantic nature of your grade school math problem turned economics analogy, it actually supports my contention that the New York Times is blowing smoke up our collective asses.

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