399
submitted 6 months ago by Beaver@lemmy.ca to c/politics@lemmy.world
top 50 comments
sorted by: hot top controversial new old
[-] Guy_Fieris_Hair@lemmy.world 103 points 6 months ago

The fuck metric are they using for the economy???? The billionaires wealth increase? The stock market? Because I can't afford my rent or to feed my fucking family. Fuck off with your bullshit.

I don't blame Biden for it, I blame the orange man. But the economy isn't an exclamation point that should be used for the average person. The economy fucking sucks. EVERYONE HAS JOBS!!! .... Yeah.... they have 3 of them... start looking at the purchasing power of that money, not just the dollar amount.

[-] Lavitz@lemmings.world 34 points 6 months ago

This! This! This!

Anyone who can afford to invest seems to be doing fine and everyone else is screwed. Rent, bills and the cost of food are out of control.

[-] Zak@lemmy.world 8 points 6 months ago

The weird part is people think the president caused any of that or has the ability to fix it.

load more comments (13 replies)
[-] EnderWiggin@lemmy.world 14 points 6 months ago* (last edited 6 months ago)

Wages are up, and inflation is down. The economy isn't roaring, but it's a hell of a lot more stable than what Biden was handed in 2020. The examples you are offering, while certainly valid for the folks in your community, are anecdotal. The facts are in the data. This country is too big to determine its overall economic health with a localized eye check. Lots of folks are struggling. Lots of folks are also thriving.

[-] StoneGender 17 points 6 months ago

Yeah white suburbanites are doing better, rise in fascism often does that for them.

load more comments (8 replies)
load more comments (1 replies)
load more comments (1 replies)
[-] Varyk@sh.itjust.works 83 points 6 months ago* (last edited 6 months ago)

And civil rights.

Plus sustainable technology.

And critical infrastructure.

Also climate change.

Taxing the wealthy.

[-] aeronmelon@lemmy.world 41 points 6 months ago
[-] Varyk@sh.itjust.works 26 points 6 months ago* (last edited 6 months ago)

Oh, geez, that one is huge. Great point.

160 billion in student debt cancelled.

load more comments (6 replies)
[-] Rookwood@lemmy.world 11 points 6 months ago

List the best action he has taken for each of these.

[-] Varyk@sh.itjust.works 39 points 6 months ago

Civil rights - LGBTQ+ legal funding, protecting youth from conversion therapy, healthcare access, reversing Trump's ban on trans military personnel, housing protections

Sustainable technology - "best" is hard among so many, probably the 65$ billion dollars inveatment for clean energy infrastructure in the US

Critical infrastructure - the largest investment in US infrastructure in US history, over a trillion dollars resulting in over 50000 new infrastructure projects.

Climate change - again, the "best" is tricky here...I guess either the hundreds of billions in green tech, clean energy, mass transit, rejoining climate accords, increasing regulations on polluters... You can choose any one of those.

Oh and taxing the wealthy. Biden succeeded in that too.

[-] KevonLooney@lemm.ee 30 points 6 months ago

Healthcare - Biden limiting drug prices helps a ton of people. Also, trump pledged to get rid of the Affordable Care Act (Obamacare) and replace it with nothing. So... not ruining everything is also good.

See that's the thing, Biden would be a better president than trump if he literally pledged to do nothing. Trump has pledged to make things worse, mostly for his own benefit.

That's your choice: a shit sandwich or... not eating a shit sandwich. Tough one, I know.

load more comments (14 replies)
[-] rayyy@lemmy.world 12 points 6 months ago

taxing the wealthy

^ That's the one that triggered the media attack on him.

load more comments (1 replies)
[-] ChocoboRocket@lemmy.world 16 points 6 months ago

There's nothing wrong with wanting supporting evidence for claims, but when someone says something that's very provable and common knowledge and you ask for proof - you become known as an idiot.

load more comments (3 replies)
[-] Ensign_Crab@lemmy.world 62 points 6 months ago

As always, "economy" in a headline can be replaced with "rich people's yacht money."

[-] blazera@lemmy.world 47 points 6 months ago

and the slowest annual gain in prices since March 2021.

Its shit like this, dont tout this like a victory, i cant afford electricity right now

load more comments (5 replies)
[-] anticolonialist@lemmy.world 35 points 6 months ago

By 'economy' they always mean how well the rich are doing. WE are struggling, and the constant gaslighting that everything is ok tells us our cries for help are going unheard.

[-] queue 30 points 6 months ago

"Listen, dipshit. I don't care if you can't afford groceries, I don't care if you our landlord priced you out of your own home, and I certainly don't give a fuck you can't find a new job that pays enough to live. The economy is doing great, all the graphs the capitalists chose says so. Your lived experience is a lie. Shut up, don't ask questions, and vote for me."

[-] HomerianSymphony@lemmy.world 22 points 6 months ago

Note the complete absence of any mention of housing prices in this article (and every other pro-Biden article about how great the economy is and why we should be grateful).

[-] pearsaltchocolatebar@discuss.online 12 points 6 months ago

Please explain to me how Biden can control housing prices.

[-] HomerianSymphony@lemmy.world 18 points 6 months ago

Ban corporations from owning housing.

[-] billiam0202@lemmy.world 11 points 6 months ago

So you want the President to do Congress' job?

The president can't do that

[-] naught@sh.itjust.works 11 points 6 months ago

Now that we have an emperor I think the sky's the limit lol

load more comments (2 replies)
[-] MagicShel@programming.dev 11 points 6 months ago

Didn't we change the rules for realtors to reduce their commissions?

[-] aodhsishaj@lemmy.world 11 points 6 months ago

Drop in the bucket, the issue is with zoning and how banks are apportioning debt and packaging home loans.

If we want home ownership to be available to the common person, and are unwilling to set a realistic national wage, we should just allow the Fed to issue home loans again and get rid of the middlemen all together.

load more comments (2 replies)
[-] verdantbanana@lemmy.world 19 points 6 months ago* (last edited 6 months ago)

In the United States, the minimum wage is set by U.S. labor law and a range of state and local laws.[4] The first federal minimum wage was instituted in the National Industrial Recovery Act of 1933, signed into law by President Franklin D. Roosevelt, but later found to be unconstitutional.[5] In 1938, the Fair Labor Standards Act established it at 25¢ an hour ($5.41 in 2023).[6] Its purchasing power peaked in 1968, at $1.60 ($14.00 in 2023)[6][7][8] In 2009, it was increased to $7.25 per hour, and has not been increased since.[9]

https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States

if people are unable to afford things the economy is not good and neither Trump nor Biden in their four years did anything to help the citizens notably minimum wage

[-] kibiz0r@midwest.social 19 points 6 months ago

The line is definitely going up!

[-] tiefling 17 points 6 months ago* (last edited 6 months ago)

I definitely am paying exceptional prices for toilet paper and groceries

[-] BigBenis@lemmy.world 14 points 6 months ago

The same economy that's reliant on sucking the working class dry of every last cent?

load more comments (1 replies)
[-] shiroininja@lemmy.world 10 points 6 months ago

I don't give a shit about the economy. I've been broke through boom and bust. I care about the safety, freedom, and happiness of those I love. The centrists of the democratic party like this bag o bones are doing nothing about that.

[-] Ranvier@sopuli.xyz 10 points 6 months ago* (last edited 6 months ago)

Real wages (wages as expressed in 1982-1984 dollars, so controlled for inflation) are higher now than before the start of the pandemic. They aren't quite as high as they briefly got in early 2021 when the government was propping up the economy with large amounts of money both to employers and directly to people, when people were initially holding on to money rather than spending causing prices to drop (things were closed, people couldn't or didn't want to travel and go out) and before the supply chain crisis among other things started causing inflation across the globe. The wage growth since the pandemic has been highest for low income and hourly workers, so higher income salary workers may not have seen as much. Some industries may not have done as well as others, for instance the high interest rates to help control inflation hit tech jobs particularly hard. And as always, these are averages across the largest economy in the world with over 300 million people, I'm not trying to assert conclusions about any one person's financial situation.

January 2020 and January 2021 real wages https://www.bls.gov/news.release/archives/realer_02102021.htm

June 2023 and June 2024 real wages https://www.bls.gov/news.release/realer.t01.htm

Wage growth vs inflation since March 2020: https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/

Also for more full context keep in mind that real wages dropped some for decades before finally starting to recover in the 2000s. We're only just starting to get back to real wages as they were in the 1970s.

https://www.pewresearch.org/short-reads/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/

[-] conditional_soup@lemm.ee 9 points 6 months ago

Here's the thing that kills me. This is what the presidency is kinda supposed to be like. He's gotten a good amount of good (and bad) things done. We've gotten so used to lazy, ineffectual, malicious, and downright bad governance that a kind of normal presidency seems like "WOAH HOLY FUCK WOW" to some folks. Biden's a solid statesman when it comes to the actual work of politics, but I wouldn't say that he's totally unique or a once-in-a-lifetime statesman. He's not irreplaceable, we just haven't been looking for someone to replace him because they did a good job hiding the fact that he needed replacing.

load more comments (1 replies)
[-] Rookwood@lemmy.world 9 points 6 months ago* (last edited 6 months ago)

He has done nothing to directly impact the economy. We are in a money-printing generated gilded age where life is tolerable for most and better than ever for a few. As soon as something breaks, everyone below the top 10% will be thrown on the street into abject poverty and we are all just waiting around for that to happen.

[-] verdantbanana@lemmy.world 9 points 6 months ago

We are not in a recession and economic growth is positive?

When did the federal minimum wage go up?

Did workers get more rights?

When did food prices go down?

Did housing costs get cheaper?

Has a sustainable and more affordable energy source been found to lower power bills?

Are the costs of healthcare something he solved?

How did he fix transportation costs?

wow did not know we were living in the Golden Age of Biden

good thing propaganda articles like this are around keep us in the know

Hail Biden and Vote BLUE!

load more comments (1 replies)
[-] Bluefalcon@discuss.tchncs.de 8 points 6 months ago

Here's the problem, is it him or his staff?

[-] Varyk@sh.itjust.works 19 points 6 months ago
load more comments (5 replies)
[-] 0ops@lemm.ee 10 points 6 months ago

They're kind of a package deal, so does it matter?

load more comments (3 replies)
load more comments
view more: next ›
this post was submitted on 13 Jul 2024
399 points (100.0% liked)

politics

19634 readers
2453 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 2 years ago
MODERATORS