The gaslighting is strong in this one.
unlike the writer, i was lovin it under Trump...
<< The third explanation is that “expectations are high.” >>
Expecting to be able to afford food and shelter isn’t unreasonable.
Every leftist outlet headline reads like The Bee, these days.
Goebbels would be proud!
Clearly this person doesn’t shop or by gas for themselves or they are well healed enough that the dramatic price increases don’t effect them…
(”Why Americans Hate a Good Economy”)
Lies, Lies and More Lies.
Every. Single. Day.
The Disastrous Joe Biden Administration.
“expectations are high.”
I didn’t expect to spend $40 last night for dinner for one person, two cats and two rabbits. So yes, expectations are high.
Yah, but how many drones living paycheck to paycheck, barely able to make ends meet, have ignored the reality of their situation and believe the media that the economy is good?
At this point, the media is the reality to these people.
Americans hate debt and for good reason.
It will lead to default and/or hyperinflation.
Typical regurgitated BS communist propaganda from the Atlantic...
Nothing new here...
ROTFLMAO!
Maybe that’s what they do to those Lame Street Media “newscasters” to make them look presentable on TV.
I keep track of my financial situation. During the summer of 2020, my grocery bill averaged $681 a month. This summer, it was $1159 a month. My household hasn't changed. My spending habits are not trending toward more luxury items. That is an increase of over 70%. My income is up 17% from 2020. I can 'register what's going on' alright.
A better question is why does Jerusalem think the economy is good? Because Democrats say so? Weak.
The writer has a point... Biden was elected, Fetterman was elected, AOC was elected...
Many Americans just need to be told how virtuous they are, in spite of the mounting economic problems.
One day, it will get bad enough that even virtue seekers will begin noticing.
The unemployment rate, at least how the US calculates it, is a very poor metric. This has been well understood for decades, and even Ben Bernanke the Fed chairman at the time, conceded the point in 2009-10. Its all up to denominator problems.
Thats why the Fed created the EMRATIO.
https://fred.stlouisfed.org/series/EMRATIO
The US EMRATIO has been effectively flatlined since EOY 2021.
I could swear that, while reading this, I could hear calliope circus music playing in the background.
It’s way past time to totally reform what now passes as ‘journalism’. They are currently nothing more than organs of propaganda for the delusional left. Just pathetic.
Those measurements mean NOTHING, as they can be easily manipulated. What cannot be manipulated are the grocery and utility bills people are actually paying.
As a matter of fairness, I will now let Joe Biden respond to my comments.
(Jerusalem Demsas)
Liberal Leftist Hack spinning for Democrats