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[-] Mellow12@sh.itjust.works 85 points 1 year ago* (last edited 1 year ago)

Inflation is low, unemployment is low and there’s virtually no hint of a recession. But many Americans, according to surveys, are convinced the economy is terrible.

In the last 3 years, The cost of virtually everything went up. food, clothes, building materials, transportation, housing, real estate, and anything else people need not want. Wages didn’t rise to meet them. Don’t piss on my leg and tell me it’s raining, Margaret.

[-] Sharkwellington@lemmy.one 26 points 1 year ago

Straight up gaslighting. Inflation is low? We just got battered by rising inflation for two straight years. That doesn't go away because a month turned over. Everyone's dollar devalued hard and prices aren't coming back down again now that they're standard. You could only believe this if your job depends on believing it.

Inflation is low now. Cost of living went up by like 25% over the last 3 years. Not to mention, I still have pretty slim prospects of owning a house in a convenient and desirable location, and I’m on a software engineering salary. So yeah, economists, you can absolutely shut the fuck up about the economy being so “fantastic”.

And hey, you know, maybe maybe Democrats shouldn’t campaign on how “great” the economy is if nobody who actually works for a fucking living is seeing in real life how “great” it is.

[-] captainlezbian@lemmy.world 4 points 1 year ago

Yeah like I vote dem because the alternative pretty explicitly wants me dead, but I’m an engineer who is still struggling in a medium cost of living area.

It’s like the Dems are afraid to acknowledge their strengths. Your opponents are committing crimes against democracy and promising brutal oppression of women and minorities as well as their political opponents. I think that the only major issue with their financial strategy right now is that it’s too far right, but don’t fucking run on it. Run on the fact that your opponents are fighting for unpopular opinions

[-] fubo@lemmy.world 13 points 1 year ago

Inflation is a rate of change.

If prices went up a lot last year, but they're not going up much now, inflation now is low.

"Low inflation" doesn't mean prices going down or the value of the dollar going up relative to a basket of goods. That would be "deflation".

[-] Sharkwellington@lemmy.one 7 points 1 year ago

My bad, am I mixing up inflation and cost-of-living? I'm trying to understand the economy jargon better.

The point still stands that the rate of inflation is down but we still have to deal with that long period of time AKA 2022 where it didn't dip below 7.5%.

[-] azertyfun@sh.itjust.works 4 points 1 year ago* (last edited 1 year ago)

Nothing any government can do will undo the high inflation of 2022. Deflation must be avoided, because while consumer prices would go back down, the main effect of long-term deflation is that everybody stops investing and starts saving. Why would I buy new tools now when I can wait for tomorrow and get them cheaper then? When the entire economy does that, it shrinks. Catastrophic for capitalism. Prices are what they are, they've stopped going up, can't realistically wish for more.

Furthermore to blame high inflation on the Biden administration shows a complete lack of journalistic integrity. Like blaming the '08 crisis on Obama. Both were worldwide events which, if the US weren't so god-damn self-centered, anyone could realize were just as bad or even worse in other developed countries. In 2022 most of the Eurozone was well above US inflation levels (without going too technical, the US Fed had more leeway to much more aggressively raise interest rates to reign in inflation, which it did successfully).

Now there is plenty of blame to be passed around for a lot of specific economic policy items that impact cost-of-living (wages, housing, student debt, etc.). Inflation isn't one of them.

[-] Kichae@kbin.social 7 points 1 year ago

Yeah, that was a bit of an insidious statement. Month over month or year over year inflation may be manageable now, but that does nothing to reverse the price spikes over the last two years. And the vast majority of us did not see pay raises to match them.

[-] mctoasterson@reddthat.com 9 points 1 year ago

My theory is the buoyed perception of the economy is because there are still surplus jobs available in many middle-class industries. IT workers may be getting laid off en masse by several large companies but (for now) they've been able to get jobs elsewhere.

In reality the average person or middle class family is suffering though and it isn't perception. I literally went through grocery and consumables receipts and many categories of items cost 1.5 to 2x what they cost 18 months ago.

I get really sick of being told by douchey think pieces that things that are happening aren't happening, and vice versa. Fuck whoevers poll numbers they are trying to boost.

[-] Dkarma@lemmy.world 7 points 1 year ago

Don't look at your shit wages and blame inflation, Kevin.

[-] Cylusthevirus@kbin.social 8 points 1 year ago

My wages weren't shit before the inflation hit, Cletus.

[-] AliasAKA@lemmy.world 12 points 1 year ago

Right but your wages are shit now because they didn’t keep track with corporate profits. Inflation is only bad for you because it somehow didn’t cause any inflation in labor costs. So the question you should be asking is, why is everything but your labor costing more?

The problem is the wealthy. And it will be, if history is any guide, until the only thing left for people to eat that aren’t wealthy, is the wealthy.

[-] Dkarma@lemmy.world 3 points 1 year ago

This guy gets it.

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[-] some_guy@lemmy.sdf.org 3 points 1 year ago

I agree with the article on reporting accurately about the threat and illegitimacy of the Right.

I started walking away when it got lumped in with this bullshit.

[-] matchphoenix@feddit.uk 63 points 1 year ago* (last edited 1 year ago)

Christiane Amanpour has reported all over the world, so she recognizes a democracy on the brink when she sees one.

“We have to be truthful, not neutral,” she urged. “I would make sure that you don’t just give a platform … to those who want to crash down the constitution and democracy.”

It’s a great suggestion, which will be summarily ignored by every major tv news outlet.

[-] Orbituary@lemmy.world 53 points 1 year ago* (last edited 1 year ago)

Neutrality isn't the mark of good journalism. Questioning the position of governments is. Asking "why" in the context of how it affects people is.

No news organization is neutral. There's a story and a length of time for each segment. The editors and anchor decide what to say and how to say it in that allotted time. That forms a message, and that in itself shows bias, intended or otherwise.

Instead of focusing on neutrality, they should focus on objective truth, and stop worry about which party they're implying to support.

[-] mars296@kbin.social 19 points 1 year ago

You are so right. Media/government/society has been conflating objectivity with neutrality. Many things are objectively right or wrong.

[-] MirthfulAlembic@lemmy.world 13 points 1 year ago

I would say questioning the position of the powers that be is the mark of good journalism, whether that's government, religion, the wealthy, business, whatever.

[-] fubo@lemmy.world 6 points 1 year ago* (last edited 1 year ago)

Questioning the position of governments is. Asking “why” in the context of how it affects people is.

However, questioning isn't the same as attacking or undermining.

For example: It's important for journalists to look for corruption in every government. However, it is an error to expect to find the same amount of corruption in every government; or to inflate the small corruptions of a less-corrupt government to make them sound as important as the large corruptions of a very-corrupt government.

If the Trump administration illustrates one thing, it's that there actually is a big difference between a good administration and a bad one. Everyone who said "the major parties are the same" or "they're all just politicians" was shown to be making a serious mistake.

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[-] whatupwiththat@kbin.social 20 points 1 year ago

the media only cares about click and impressions /FULL STOP > not sure how to fix, but until that changes, it'll be status quo.

[-] Shazbot@lemmy.world 4 points 1 year ago

Fixing requires readers support their preferred news outlets with subscriptions. Currently headlines need to drive the ad machine if the lights are going to stay on. Challenging the ad buyer's main revenue stream is not financially viable. It's the main reason news outlets do not want to touch Medicare For All, pharmaceutical ads are big money makers. Money in politics is a no-go because it's a guaranteed cash infusion every two years, not to mention the overlap with other ad buyers. Decoupling the ads from the main revenue gives media outlets the freedom they need to address the news as they seem fit.

[-] agent_flounder@lemmy.one 5 points 1 year ago

This is definitely a factor although advertising alongside subscriptions for news print was a thing for at least 100-130 years. So I don't know if subscriptions are enough.

Too, better journalism requires news media oligopolies to be dismantled and to have more independently owned news media companies.

[-] yip-bonk@kbin.social 18 points 1 year ago

Corporate News is for-profit and run by republiQans. It’s really that simple. Trump showed that corporate news will never do the right thing at the right time, even in the face of the most arrogant, ignorant, outrageous lies and attacks.

It’s time to stop pretending that corporate news can be “saved” and start accepting that it absolutely can not be saved. Then we can move on to a truer form of journalism. We have the ability to publish globally in our hands, literally.

[-] Buddahriffic@lemmy.world 7 points 1 year ago

Yeah, the "liberal media" is just the wing of the corporate propaganda machine that packages its propaganda in a way that is palatable to liberals.

[-] jeremy_sylvis@midwest.social 9 points 1 year ago

We're really going with the tired democracy is on the ballot trope again?

[-] psychothumbs@lemmy.world 22 points 1 year ago

It's just a factual statement about most modern American elections, what are we supposed to do, pretend it's not true because you want fresher material?

[-] jeremy_sylvis@midwest.social 4 points 1 year ago* (last edited 1 year ago)

Right - so factual it hasn't managed to pan out in any way beyond absurd hyperbole.

You'd think at some point in the last two decades of the trope, people would have recognized the pattern through which they're being led on.

I suppose that if that were the case, the scam wouldn't keep working.

[-] Cylusthevirus@kbin.social 12 points 1 year ago

Member those dudes beating down the door of a barricaded senate that only stopped because one of their zerglings took a bullet to the neck? I watched a live broadcast of the gallows they had set up and the chants of "Hang Mike Pence." Member how a former President is literally facing criminal charges for trying to fix the election in Georgia?

ANY OF THIS RINGING A BELL?!?

Or are you one of those "alternate facts" types? Feel free to join my block list.

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[-] agent_flounder@lemmy.one 6 points 1 year ago

Maybe it looks that way if you've only been at this a couple decades. Given how things have changed slowly over the last 40 and relatively abruptly with the Trump era, I think Democracy has been under fire for a long time.

The problems are that: too few have been aware of it, too many have been apathetic about it. Too few have voted, and too few have been involved beyond the absolute bare minimum of voting.

But the real failing is that the growing corruption -- regulatory capture, lobbying, campaign finance, rise of oligopolies in ever more markets, etc. -- has left us with neither major party primarily beholden to anyone but the ultra rich and mega corporations.

So I would argue that our realistic choices (since with our election mechanism, we are essentially locked into a choice between only two parties) are ...

Democratic -- incremental progress socially but mostly status quo economically and little interest in addressing the root problems I mentioned along with failing to address the seriousness of the rising threat of the right wing, loosely similar to the attitude of liberal centrists in the German Weimar Republic of 1930-1933. (I am fully aware that Democratic party is a hodge podge including some left leaning groups but the centrists run the show, I think we can agree)

Republican -- long term (40+ year) plan to undermine education, suppress voters, dismantle government safeguards, challenge (by ignoring) fundamental checks and balances, along with regressive social policies (particularly race, sexual orientation, reproductive freedom, gender expression).

If one is actually aware of the GOP's gerrymandering, active voter suppression, undermining of news media, rejection of the concept of truth and fact, conspiring to overturn the presidential election, anti-intellectualism, stochastic terrorism, active persecution and suppression of marginalized people, criminal activity, and brash corruption, one cannot interpret as anything but a directed, coordinated, doggedly persistent attack on American democracy.

Only one of these two groups severely degraded the operation of the government in the last decade and one of these groups is driven to further establish a theocratic, nationalist, authoritarian, regressive—in short, fascist—rule.

To look at the last twenty years and term "democracy on the ballot" as trope or hyperbole just shows how bad "the new normal" had gotten by the 2000s.

All this has been going on ever since the GOP transformed into a reactionary party in backlash to the Civil Rights era and especially following Nixon's resignation.

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[-] BrianTheeBiscuiteer@lemmy.world 3 points 1 year ago

Mike Pence could've (likely illegally) decided to reject the votes from contested states or taken an alternate slate of electors. The President, the highest elected official in the land, told Mike Pence to reject the results of a democratic process even though all legal challenges had been laughed out of court.

I'm sure that happens every election though.

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[-] PatFussy@lemm.ee 4 points 1 year ago* (last edited 1 year ago)

No, democracy is not on the ballot. Its not like its

  1. Biden - Democracy
  2. Vivek - Fascist Socialism
  3. Kennedy - Quaker Nationalism
  4. Haley - Neo-Feudalism

I know this might be the 2nd or 3rd time for a lot of people giving a shit about politics so it might seem that way but its not.

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[-] Astroturfed@lemmy.world 4 points 1 year ago

Woah, there. Can't have them actually run on a platform or promise to deliver things. Orange man bad and scary. The DNC has been gifted the biggest get out the vote candidate ever on the other side and still insists on shitting on themselves.

[-] jeremy_sylvis@midwest.social 3 points 1 year ago

I think Obama was the last time they managed to not completely shit themselves at every opportunity. Coincidentally, it was the last time they campaigned on any form of positivity.

[-] BrianTheeBiscuiteer@lemmy.world 3 points 1 year ago

Stop threatening it and we'll stop saying it.

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[-] _number8_@lemmy.world 7 points 1 year ago
[-] psychothumbs@lemmy.world 2 points 1 year ago

Democracy forever!

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[-] tinkeringidiot@lemmy.world 3 points 1 year ago

No less than you’d expect from an opinion price in the Guardian. The idea that American media is too un-biased is laughable. The exact opposite is true, and the Guardian gleefully participates as one of the more overtly biased outlets.

Everyone in the media has an agenda, and they’re all pushing it 100% of the time.

[-] Dkarma@lemmy.world 16 points 1 year ago

None of those agendas are "left", buddy.

[-] iHUNTcriminals@lemm.ee 3 points 1 year ago

It's not even always that they are pushing an agenda is that they make money off of horrible things and others misfortune.

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this post was submitted on 16 Sep 2023
332 points (100.0% liked)

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