Inflation has always been a massaged number, but now even more so. The reason? Inflation is out of control.
From the telegraph. see my emboldment.
Stop telling me the US economy is fine, leftist media. I can read my own bills (telegraph.co.uk)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
News outlets keep telling us that the economy is just fine but we’re too dim to understand it. In a typical piece in The New York Times in November on the alleged “great disconnect” between official figures and the experiences of ordinary Americans, for example, here’s how a pair of reporters (read: activists) gushed in their lede:
“By traditional measures, the economy is strong. Inflation has slowed significantly. Wages are increasing. Unemployment is near a half-century low. Job satisfaction is up. Yet Americans don’t necessarily see it that way”.
No, we do not, because when we pay our bills each month, we know they’re a lot more than three per cent higher than they were last year. Axios argues that the administration’s arrogant claim that “voters like the economy much more than they’re willing to admit”, is correct. In other words, the Dear Leader is doing a bang-up job but the ignorant plebes are simply too stupid to understand how good they have it.
With this kind of a let-them-eat-cake approach to inflation, it’s no wonder working class voters trust Trump over Biden on the economy by a crushing 36 per cent, according to a new NBC News poll. It’s not because Trump the businessman flogs cool $399 gold shoes, “mugshot” edition NFT trading cards and silver Trump “ revenge tour” coins. Inflation is a global problem, but Biden deserves his share of blame for fanning it with reckless spending at a time that called for fiscal restraint, not payouts to key voting blocks.
Much like the chaos he engineered at the border, Biden’s now asking Americans to trust him to spend more of his ninth decade untangling a mess largely of his own making. If it weren’t for Trump’s unpopularity – a new ABC News/IPSOS poll has just 29 per cent of Americans regarding him favorably – Biden’s re-election prospects would be about as likely as Burnley winning the Premier League. If they’re serious about stopping the man they hype as a threat to democracy and an election denier, Biden and his acolytes in the press can’t afford to keep playing the inflation denial game. |
