No, voters aren't imagining things. Inflation has been a bear

Another coordinated disinformation campaign against the American People, this one is "oh, inflation hasn't' been that bad under Bibed Joe."

No, voters aren't imagining things. Inflation has been a bear.

They changed the inflation measure to exclude the interest costs of borrowing, which is one of the most painful expenses of Bribed Joe's high inflation brought on by his reckless borrowing.

Bill Clinton's Treasury Secretary Drops Another Truth Bomb On The Disinformation Liars

'A new economic analysis by former Treasury Secretary Lawrence Summers and several others shows inflation was much worse at its peak than the official numbers showed. The reason is that the method for calculating inflation changed: In 1983, the government took housing finance expenses out of the formula for the consumer price index. Among other changes since then, it replaced home ownership costs with a less-volatile metric based on rent.'

'Using the pre-1983 calculation CPI was running at a stunning 18% as of November 2022, far higher than the single-digit official rate. The index has failed to keep up with the high cost of borrowing, which explains why people have a bad feeling about the economy.'

They are pissed off because all the deficit spending as given them a real wage cut.

'After all, the average American carries more than $100,000 in debt across mortgages, car loans, student loans and credit cards — and borrowing costs remain high. As it turns out, consumer sentiment has tracked much more closely with the old method for calculating CPI than the modern one that de-emphasizes debt service.'

https://www.arcamax.com/politics/opeds/s-3186434

Look at the real solution and suddenly voters anger makes perfect sense.

And we've explained this the entire time.

So, you're welcome.

Please discuss.

 

Inflation you say?

Was it Joe Biden who...
Caused home insurance rates in Florida to quadruple?
Who cause home prices to surge?
Killed chickens causing egg prices to increase but when the supply returned to normal, prices didn't?

Was it Biden who pumped $7T into the economy in 4 years?
Was it Biden who mismanaged COVID so badly another $500B in aid was required?

Perhaps some understanding of economics and knowledge of actual factual history might help.
But I doubt it.

 

Don't be silly, nothing is Joe biden's fault. According to all of the progressives around here the economy is on fire.

I guess they must not do the grocery shopping.

 

Young People especially hate Biden's debt spending fueled inflation.

Carville Warns of Dems' 'Horrifying' Numbers With Young Minority Voters: 'They're Leaving In Droves'

'“It’s horrifying our numbers among younger voters, particularly younger blacks, younger Latinos … younger people of color. Particularly males.”

“We’re not shedding them, they’re leaving in droves,” he added.

Well, to be far, Dems have become a rather horrifying party for young and working folks.

'A USA Today/Suffolk University Poll released in January showed the 81-year-old president’s support among black voters has declined to 63%, down from 87% in 2020.'

'The same survey found former President Donald Trump with an edge over Biden with voters under 35 (37%-33%) and Hispanic voters (39%-34%).'



'A March New York Times and Siena College poll showed Trump, 77, leading Biden 46% to 40% among self-described Hispanic voters, and having the support of 23% of black registered voters. '

 

Wasn't Trump either.

How much of that was pandemic spending? Also remember Trump had a democratic Congress for half his term. Congress does the spending.

I think you need a little brushing up as well.

 

Soooooooo.....

Nothing that happened on trump's watch was his fault?

Hmmmm...
https://www.politico.com/news/2020/03/13/trump-coronavirus-testing-128971

I think I've heard that before.

 

nu;;

 

No, he had a few Fu's. a could of orders of magnitude less claimed by lefties

I'm sure you have.

 

$1.00 in February 2021 is worth $0.85 in February 2024.

https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1.00&year1=202402&year2=202102

 

So from none to some?

You're making progress.
Now step up to the truth.
It will hurt but you will be better for it.

 

Elections are all about the people’s perspectives of the candidates and how they handled the issues. Inflation, the economy, you have this along with a lot more: CBS News poll finds voters remember Trump's economy as good, boosting Trump to national lead over Biden today


https://www.cbsnews.com/news/poll-trump-leads-biden-economy/


And this on how all Americans view Biden’s handling of the economy.


https://www.realclearpolling.com/polls/approval/joe-biden/economy


Inflation, broken down by party, 63% of democrats approve of how Biden has handled inflation, 26% disapprove. Republicans 5% approve, 94% disapprove. What I usually do in situations like this since both parties give their partisan views is throw their stats out the window and look only at independents. The non-affiliated, the less to non-partisans. 24% of independents approve on how Biden has handled inflation, 62% disapprove. Independents usually remove the partisanship in issues like inflation. Democrats are always going to approve how their president handles inflation or any other issue, republicans will always disapprove. Now independents give you a more accurate view since they eliminate the partisan bias effect. Usually.


https://d3nkl3psvxxpe9.cloudfront.net/documents/econTabReport_mTlzQOB.pdf

 

Everyone hates Biden, every one think the country is going wrong. But when they go to vote , they vote like this


Democrats won 8 consecutive years – 20017,2018,2019,2020,2021,2022,2023 and 2024


Democrats won special election in 2017.

Democrats won Mid-term election in 2018.

Democrats won Governor race in Kentucky NOV 2019

Democrats won Presidential election in 2020.

Democrats won special election in 2021 and won 2 Senate positions in GA.

Democrats won anti-abortion law in KS AUG 2022.

Democrats won Senate and two GOV in mid-term 2022 election. Red wave became oh well.

Democrats won special election in 2023 – In Wisconsin , Liberal judge won state wide election .

Democrats won special election ( Issue 1) in Ohio in 2023

Democrats won Governor race in Kentucky NOV 2023

Democrats won banning abortion in Ohio in NOV 2023

Democrats won entire Virginia legislative branch in NOV 2023.

Democrats won special election in Feb 2024 in NY.

 

Great points and thanks for the links.
I think the power of the Indies is at its zenith when the parties are oppositional in fairly equal numbers, on this issue, that's not really the case.
If offsetting the one party's approval should be roughly offset by the other party's disapproval.

For example, if 63% of Dems approve, then the offsetting amount would be 63% of GOP disapproves, but the actual GOP disapproval number is 30% higher than that.
What I see is Biden losing this issue even if Indies were subtracted, and then when you add them in, they disapprove 3/1.

But the point of the article isn't even that. The Left has yet another coordinated disinformation campaign with various 'experts', politicians, and lying fake news media all pushing the narrative that while Bribed Joe's inflation performance is just dandy, that voters irrationally disapprove of inflation.

Larry Summer's point, and he was President Clinton's Treasury secretary, is that since the CPI was revised, it no longer captures rising debt service costs, but if you calculate inflation using the old method, that inflation was actually 18% during the Bribed Joe debt debacle, and that voter anger is perfectly rational, and measurable and predictable measuring the CPI to include debt service costs, which is the real world that voters live in.

 

Retirement Worries Are Rising as Americans Struggle To Save



“Groceries, car payment, mortgage, kids’ clothes, childcare, or figuring out how to cover an unexpected bill.”

The dollar has lost a LOT of purchasing power under Bribed Joe.

There isn't enough left over, under Bribed Joe, to save for retirement. Bribed Joe's Inflation cockup will be Americans for many many years.

 

Beats me how the dems can claim everything is going just great when people still go to the grocery, have to pay rent, and ever increasing credit card bills.

 

Biden is behind the curve on almost every issue, not only inflation.

https://www.realclearpolling.com/polls/approval/joe-biden/issues

Biden’s overall job approval is at 40%. With numbers like these, the republicans should be winning in a landslide. Not in a basic tie.

https://www.realclearpolling.com/polls/approval/joe-biden/approval-rating

History shows that a sitting president running for reelection wit35% h an overall job approval of below 50% lost. Ford in 1976, 45%, Carter in 1980, 37%, G. H. W. Bush in 1992, 43% and Trump in 2020, 43%. Yet here’s Biden at 40% along with being below 40% approval on most other issues, he is still tied instead of losing by double digits. One can chalk that up to who the GOP decided on to oppose Biden. Both are disliked and unwanted by most Americans to become the next president almost evenly. The choice of Trump turns a potential landslide victory into a possible narrow Biden win.

While 29% of all Americans believe neither Trump nor Biden would make or be a good president. Your point about independents is well taken. Independents only, 26% say only Trump would be a good president, 23% state Biden would be a good president, 37% of all independents say neither Trump not Biden would make a good president.

https://news.gallup.com/poll/642911...utm_content=morelink&utm_campaign=syndication

To top that off, 64% of all Americans including 71% of independents want another viable choice for president other than Trump and Biden.

https://harvardharrispoll.com/wp-content/uploads/2024/03/HHP_Mar2024_KeyResults.pdf


I’d say for most independents who today make up 41% of the electorate, this upcoming presidential election has turned into a who cares who wins or loses among the major party candidates.

 

Nope, never was "none".

Follow your own advice first. IF you can stand the truth.

 

Not what you or Trump claim but who's counting?

 

I have no idea what your point is, or if you have one beyond "Orange man bad".

 

Well, I have great news for them:

 

They run constant, coordinated, overlapping disinformation campaigns on the American People. If you took that out of the picture, they do little else.

Judge Orders Trump To Stop Noticing That The People Trying To Put Him In Jail Are Democrats.



Dems want to maintain the fiction that no other reality is possible besides Bidenflation.

 

Whaaaat?

I pointed out that much of the inflation you want to blame on Biden is, in fact, just plain greed and has nothing to do with any biden policy...To which you replied "not Trump's fault."

That you can't keep track of your whines is on you.

 

. Which is wrong. Inflation is a monetary problem and BIDEN'S wild and continual spending spree introduced too much money chasing too few goods - the classic inflation process.

Nothing whiny about the facts. Inflation for Trump's four years averages about 2%; somewhere near the fed's goal. Biden has packed on around 17%.

 

So, again, what Biden policy caused:

Insurance companies in Florida to raise rates by 400%?
Egg manufacturers to kill millions of layers because of disease?
Caused to same manufacturers to jack up prices after they came down?
Caused US gas prices to jump when the US is pumping more and using less oil than any time in the last 40 years?

Please illuminate us with your policy expertise.

 

they aren't really even progressive. Progressives wanted Bernie Sanders. It's really largely just people raging about Trump.

And I think Trump is just the foil for the rage. The rage is really directed at the fact that leftist ideas didn't work and more central (as it's come to be known today far right ) ideas work very well.

They hate that the economy was booming in 2016 17 18 in the first part of the 19. Trump was moving toward a more free and open market within the US. And it was working just like everyone has always told them. Even though they benefited even though they were able to purchase more things and live a better life hated it. Because they would rather be right than happy.

If you ever wondered what drives socialism it's bitterness.

they know. They have to pay rent they have to buy things. They all know very very well what's going on. They know you're right too and that's what pisses them off. I bet they would literally chop their nose off to spite their face.

It's called hubris.

You remember that guy that burnt himself to death why he was moaning pointlessly about Palestine. It made me wonder what would possess a person to do that. And it's the idea that you can't be happy unless the whole world is happy. When really what you could do is live every day of your life in the hopes that you can bring some sunshine into other people's lives. That would be infinitely more useful than setting yourself on fire.

I remarked after that event if he really cared about the Palestinian people you would have bought a ticket to Israel landed infiltrated into Palestine set himself on fire and then gave a Hamas member of bear hug. That would have done something for Palestine. Almost tempted to say that it was narcissistic. It was a display for himself to be heralded as a martyr.

So they're willing to burn themselves to death at least some of them over being wrong. So they'll vote for somebody who's bad for them.