344
submitted 1 month 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 97 points 1 month 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 31 points 1 month 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 7 points 1 month 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)
load more comments (4 replies)
load more comments (12 replies)
[-] Varyk@sh.itjust.works 76 points 1 month ago* (last edited 1 month ago)

And civil rights.

Plus sustainable technology.

And critical infrastructure.

Also climate change.

Taxing the wealthy.

[-] aeronmelon@lemmy.world 34 points 1 month ago
[-] Varyk@sh.itjust.works 24 points 1 month ago* (last edited 1 month ago)

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

160 billion in student debt cancelled.

load more comments (6 replies)
load more comments (23 replies)
[-] Ensign_Crab@lemmy.world 62 points 1 month ago

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

[-] blazera@lemmy.world 43 points 1 month 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 33 points 1 month 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@lemmy.blahaj.zone 27 points 1 month 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."

load more comments (1 replies)
[-] kibiz0r@midwest.social 19 points 1 month ago

The line is definitely going up!

[-] tiefling@lemmy.blahaj.zone 17 points 1 month ago* (last edited 1 month ago)

I definitely am paying exceptional prices for toilet paper and groceries

load more comments (1 replies)
[-] BigBenis@lemmy.world 13 points 1 month ago

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

load more comments (1 replies)
[-] verdantbanana@lemmy.world 12 points 1 month ago* (last edited 1 month 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

[-] HomerianSymphony@lemmy.world 12 points 1 month 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).

[-] MagicShel@programming.dev 6 points 1 month ago

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

[-] aodhsishaj@lemmy.world 6 points 1 month 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)
load more comments (9 replies)
[-] conditional_soup@lemm.ee 8 points 1 month 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 (3 replies)
[-] Fedizen@lemmy.world 7 points 1 month ago

This is bad messaging even though he probably has prevented some level of collapse. The trump tax cuts for the rich have lead to a lot of assets being hoovered up by all the surplus cash and the absolute ballooning of asset management companies. Until those things are fixed the economy will stay fucked

[-] shiroininja@lemmy.world 6 points 1 month 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.

load more comments
view more: next ›
this post was submitted on 13 Jul 2024
344 points (85.7% liked)

politics

18586 readers
4382 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.
  2. 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.
  3. 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.
  4. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
  5. 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.
  6. 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

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS