Seems poor old Joe Biden feels he's getting short shrift from the media concerning his deft handling of the US economy and the spiffy state of affairs currently prevailing... https://thehill.com/homenews/administration/4375922-biden-rips-media-for-economy-coverage-start-reporting-it-the-right-way/ One supposes he'd like them to say something like - Ahhh... ...That's better... ...except... Yeah - be sensitive, Joe, ya big Palooka ! For myself - I have to say that he rosy numbers & data do indeed seem to be describing some other reality than that which is reflected by how much more I'm paying for necessities. Wouldn't mind seeing some of this alleged deflation that's been written about possibly being just beyond the horizon - never mind that it evidently means a new type of trouble is afoot...
The inverse is also not even wrong. Seems rich young Donald Trump does not feel he's not getting long shrift from the non-media concerning his non-deft handling either!
Biden is probably miffed that he can't just give everyone a house, free groceries and free gas. That would fix it...
Yeah, good points all around. Especially mine, but of course we all agree on that per functorium, even though the point was that there was no point. Also, the motorcycle cannot bypass the squid in question as effectively in these cases, as you all well know.
Takes a look at how public perception and objective measures can diverge.... https://www.theatlantic.com/ideas/archive/2023/11/us-economy-polling-biden-presidency/676081/ Earlier this month, a Financial Times poll of about 1,000 registered voters found that most Americans believe their financial situation has gotten worse since Joe Biden became president. The economist Claudia Sahm tweeted that the results were “impossible,” adding, “The vast majority of Americans are better off financially. Full stop”—before receiving so much pushback for her statement that she deleted the post. This online drama was part of a larger debate among economists, policy makers, and commentators who have different explanations for why Americans report negative assessments of the economy despite some objective positive measures.... (here is a PW free screenshot of the full article) https://archive.is/DowD4
Quit getting the proverbial lumber up, buddy... ...there was a tornado on the Sun this year, and we know full well what that means.
The question is - is it merely perception if you're spending more than you were before just to "stand still" - or even fall behind despite doing so - regardless of what the numbers say ? In the very article stating that Biden's miffed at the media for "reporting it wrong", they also state that on paper it's all sunshine and lollipops. This doesn't sound as though people are simply just not getting the message: https://www.cnbc.com/2023/11/09/average-credit-card-balances-top-6000-a-10-year-high.html
