Biff_Poindexter
Diamond Member
- Thread starter
- #61
Inflation happened because there was a global pandemic.....to keep ignoring this further lets me know how full of shit right-wingers areUE is one part of the economy...and its' nice people returned to their pre-pandemic jobs...but historically when we discussed low UE, we didn't have record xidenflation and a record number of Americans worse off since the President was elected.
Record numbers of people are worse off, a recipe for political discontent:
Record numbers of people are worse off, a recipe for political discontent: POLL
There is record dissatisfaction with Biden and Trump ahead of the 2024 election, according to a new poll.abcnews.go.com
That same inflation has been dropping ever since and is now around 3%; the lowest among all so-called first world countries; the economy is still strong as evidenced by discretionary spending..people still taking those trips, booking those hotels, WHICH IS SOMETHING YOU DON'T DO IF YOU ARE BROKE..
Americans bump up spending in June as inflation eases in a strong jobs market
Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong.
apnews.com
The only thing that can really damage the economy is a govt shutdown...and guess who are the ring leaders for making that happen