The media is rather foolish in pushing this so early. It would be better off in September, but, hey, never interrupt an enemy in the midst of a mistake
"Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian" https://t.co/shCorJgPHN
— Brian Stelter (@brianstelter) May 22, 2024
From the link
Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey found persistent pessimism about the economy as election day draws closer.
The poll highlighted many misconceptions people have about the economy, including:
- 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing.
- 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.
- 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.
Many Americans put the blame on Biden for the state of the economy, with 58% of those polled saying the economy is worsening due to mismanagement from the presidential administration.
The Guardian then spends time trying to up-play the Bidenconomy, but, that’s a heavy load, because
Yet even with these small strands of approval, pessimism about the overall economy is pervasive. It will be an uphill battle for Biden to convince voters to be more hopeful.
“What Americans are saying in this data is: ‘Economists may say things are getting better, but we’re not feeling it where I live,’” said John Gerzema, CEO of the Harris Poll. “Unwinding four years of uncertainty takes time. Leaders have to understand this and bring the public along.”
Sure, some parts of the economy are getting slightly better, but, people have had 3+ years of rising prices on everything, and, while inflation has dropped a bit, those price increases are now baked in, and the middle and working class feel the pinch, while the Elites in the media do not care. How do you convince people who are paying more for all their favorite foods that everything is great? When they drive by gas stations and see $3+ a gallon? When their car insurance is way up?
How Joe Biden is losing the election with an economy like this: https://t.co/Qoi5OsFsdu pic.twitter.com/srOb3aycGV
— Patrick Ruffini (@PatrickRuffini) May 21, 2024
Yeah, the Atlantic tried this, as well. I love that at some point they changed their headline to “Voters don’t care about the economy as much as they think they do.” They just keep calling you stupid. They did change it back to the original at some point
Joe Biden is, at the moment, losing his reelection campaign. And he is doing so while presiding over the strongest economy the United States has ever experienced.
Why won’t you stupid people give him credit? Dumb peasants.
I guess it’s because that when people go to the grocery store, and see that a gallon of milk is thrice what it was in 2020, and everything else is up, up, up, they believe what they see.
[…] Also read: William Teach, “UK Guardian Says You Stupid Peasants Are Totally Wrong On the Bidenconomy“ […]