Its a perfect way and how most decide. Reality is rude and doesnt care about word games economist play.
It is a flawed way that uneducated buffoons think reflects the country.
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Average people dont give a damn about pompus asses like you telling them how they are PEASANTS
Moonglow says she has lots of money and doesn't care about us plebs. Last time I talked to her she was encouraging me to get a better job even though I'm retired. She pretty much has her nose stuck up her ass.Not even close.
Inflation Rate by Country 2025
worldpopulationreview.com
Now perhaps we do better than some in the developed world but much of Europe is dealing with disruption in supply, energy, etc. due to the Russia/Ukraine war.
But the leftist media can spin it any way they want but those of us on limited incomes are quite aware when we pay 100, 200, 300% more for basic groceries than we did three years ago. We know what the bill is when we fill up our gas tank. We notice how much more expensive gas, electricity, even water is now than it was three years ago. Those needing to move can't afford to replace their old home with one of comparable value because of escalated interest rates. A favorite brand of pants can be more than two to three times as expensive as it was three years ago. A raise in salary nowhere nearly offsets all that so the vast majority of Americans are experiencing significantly less buying power than they had three years ago. Thousands of dollars less buying power.
And almost all of that is due to Biden policies and reversal of Trump era policies. Such 'kitchen table' issues will hopefully strongly affect the vote come November. It is why that kitchen table was a brilliant choice as a setting for the rebuttal to the SOTU address.
He's a she? I always figured a guy. Oh well. . .
She said she raised a bunch of kids. She also said she was wealthy.
Okay. Who knew?
That can't be true! President Biden said everything was good!
When inflation peaked at 9.1 percent in June 2022, the unemployment rate stood at 3.6 percent. Today, using the same metrics, inflation is just 3.2 percent, and unemployment is at just 3.9 percent. For 12 of the previous 19 months, the jobless rate has held steady at or below its June 2022 level, while inflation has been running below 4 percent since June 2023. Economists are still debating why the Fed’s higher rates didn’t translate into job losses, but the important point is that millions of people were not, in fact, fired. Moreover, millions of people did not need to be fired in order to fix inflation. As Mike Konczal concluded in a report for the Roosevelt Institute in September 2023, the vast majority of inflation during the Biden years was driven by pandemic-related supply problems. Whatever was going wrong in 2022, it wasn’t because you were too rich.
Oops....When inflation peaked at 9.1 percent in June 2022, the unemployment rate stood at 3.6 percent. Today, using the same metrics, inflation is just 3.2 percent, and unemployment is at just 3.9 percent. For 12 of the previous 19 months, the jobless rate has held steady at or below its June 2022 level, while inflation has been running below 4 percent since June 2023. Economists are still debating why the Fed’s higher rates didn’t translate into job losses, but the important point is that millions of people were not, in fact, fired. Moreover, millions of people did not need to be fired in order to fix inflation. As Mike Konczal concluded in a report for the Roosevelt Institute in September 2023, the vast majority of inflation during the Biden years was driven by pandemic-related supply problems. Whatever was going wrong in 2022, it wasn’t because you were too rich.
[…]
Contrary to the narrative abuse directed at Biden over the past few years, the economic numbers across his presidency tell a simple, optimistic story about the art of government in the democratic world. The American economy is strong today for the same reason that the labor market has been strong throughout Biden’s presidency: the U.S. government spent a ton of money to support workers and their families. Biden has not only established a blueprint for successful crisis management, but he has achieved something on the economy that pessimists across the ideological spectrum have been declaring impossible for much of the 21st century: He learned from the government’s prior mistakes and found a way to govern better.
The Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Now
Sharp and sustained economic criticism from Biden's ostensible allies established a narrative of failure that has proved alarmingly resistant to reality.slate.com
