Yep, inequality was up, cost of living was down. The economy was doing fine. What the democrats failed to see is that generally when the economy is doing well, the rising tide lifts all boats. In this instance, with post Covid inflation, the economy was not lifting all boats. It was making the asset rich wealthier while making day to day living harder for all that work for a living.
The economy was indeed going great by most measures. And donvict monkeywrenched almost on day one.
I know it’s fashionable among a certain set of people to proclaim everything is awful no matter who is running the country but…it is just not factual.
Poverty is through the roof and the working class is struggling to meet ends.
One of the main reasons Democrats lost was pretending the economy is fine. At least Trump put in the effort to lie about fixing it.
Yep, inequality was up, cost of living was down. The economy was doing fine. What the democrats failed to see is that generally when the economy is doing well, the rising tide lifts all boats. In this instance, with post Covid inflation, the economy was not lifting all boats. It was making the asset rich wealthier while making day to day living harder for all that work for a living.
No one was pretending; we can all see the same data. Saying the economy was terrible under Biden is just not being realistic.
It was. It is worse under Trump but it was already terrible.