763
Fox hosts forced to grudgingly admit economy booming under Biden
(www.msnbc.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 04 Feb 2024
763 points (94.6% liked)
politics
19246 readers
2813 users here now
Welcome to the discussion of US Politics!
Rules:
- 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:
- 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.
- 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.
- 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.
- 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.
- 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
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
I wouldn’t get your hopes up on substantially lower grocery bills.
https://www.washingtonpost.com/business/2024/02/02/grocery-price-inflation-biden/
Oh what a bunch of bullshit. They're gonna blame COVID for everything for the rest of time instead of corporate greed because the same fucking corporations have bought and paid for our entire government.
Also, greed.
How dare people need to eat
That's not what that says at all.
What it says is that people are feeling more flush with cash and are opting for higher end brands of food over the store brands or nicer cuts of steak or going out to a nicer restaurant instead of just hitting up McDonald's or shoneys. This is proof that the economy is doing well.
Flush with cash, my ass. Also, mcdonalds is expensive as fuck.
is not a good source of data.
If you think mcds is expensive you clearly don't know how to eat there and you've definitely not eaten anywhere with real food. I try to keep my mcds to a min but when I am working and need something I can get out of there with spending like $6 tops, $8+ if I am feeling "fancy" and grab a frozen coffee with an extra shot.
You've also definitely not noticed how packed even the more expensive steak houses are at pretty much all open hours. I'm talking the places where you can't spend less than $200 for a meal for two.
I drive for a living and I can tell you for a fact (in my neck of the woods) that the economy is doing just fine, people are doing okay, not as great as they could/should be but most definitely aren't at poverty level.
You lot need to start getting your data from sources that aren't biased and aren't trying to keep you pissed off so you keep reading the bullshit they call news.
The stock market hasn't been a good indicator of the economy for decades now. What is an indicator is what I was correcting a misinterpretation of. If you want to see how the economy is doing in your area, drive around downtown or the other hotspots like music venues and restaurants in the evenings and see how packed it is.
Mcdonalds is expensive for what you get. I don't eat at steakhouses because they're similarly overpriced. When I go out to eat, I do so to eat things that are more difficult or time-consuming to make at home and steak is among the easiest. Anyway, the fun part about judging the economy based on how packed venues and restaurants are is that credit goes a long way until it doesn't. Credit card debt and delinquencies are climbing.