Each campaign has been using their own set of data points to create a favorable economic picture of their time in office. But for many voters, their view of the economy will vary greatly on how they fit into it.
I’ve voted D every time. This question is ridiculous because most people are NOT better off and those that are, are all on the low end of the financial spectrum where the short term income gains have made a difference.
Even the best stats I see from the Democrats show 8% better income adjusted for inflation. That’s awesome! But what inflation? The low fed number. Not the CPI.
This means for anyone who purchases things, or where purchasing things is a larger proportion of their income which is everyone below the top 0.5% or 1% in the USA, your effective wage has gone down 10% to 40% depending on what your personal income raise was. Those that job hopped, are only down a bit. Those that didn’t are screwed.
Everytime this question gets asked, I look around and not a single person I know is better off now from income. Not a damn one. You know what is doing better? Stock portfolios. I have them, I’m up. My friends have them, they’re up. We have traded realized daily losses in living for stock market unrealized gains. The average person doesn’t have stocks. They just get shafted completely.
It’s incomprehensible to me how low Democrats have gone to just blatantly lie and gas light. That’s a Republican move. And every one of the people smart enough to actually think, gets a little more pissed off when they’re gas lit into trying to believe that 20% year over year multiple years in a row of inflation is good. That’s batshit.
I’ve voted D every time. This question is ridiculous because most people are NOT better off and those that are, are all on the low end of the financial spectrum where the short term income gains have made a difference.
Even the best stats I see from the Democrats show 8% better income adjusted for inflation. That’s awesome! But what inflation? The low fed number. Not the CPI.
This means for anyone who purchases things, or where purchasing things is a larger proportion of their income which is everyone below the top 0.5% or 1% in the USA, your effective wage has gone down 10% to 40% depending on what your personal income raise was. Those that job hopped, are only down a bit. Those that didn’t are screwed.
Everytime this question gets asked, I look around and not a single person I know is better off now from income. Not a damn one. You know what is doing better? Stock portfolios. I have them, I’m up. My friends have them, they’re up. We have traded realized daily losses in living for stock market unrealized gains. The average person doesn’t have stocks. They just get shafted completely.
It’s incomprehensible to me how low Democrats have gone to just blatantly lie and gas light. That’s a Republican move. And every one of the people smart enough to actually think, gets a little more pissed off when they’re gas lit into trying to believe that 20% year over year multiple years in a row of inflation is good. That’s batshit.