Of course it was "the economy." Just as it was "the economy" that put Hitler's Nazi Party into play. And in neither case was the incumbent regime responsible for "the economy." In Germany it was the American stock market crash that led bankers to call in loans, wrecking the German economy. In Biden's case it was global inflation in the wake of the pandemic. The USA had the best recovery in the world, but the damage was done.

Follow

@steve The US had the best aggregate economy in the world, but also one of the most unequal. If you look at the economic recovery of the bottom 70% of Americans (a group that largly overlaps "people without college degrees") then the economy still sucks. Inflation being down does not mean a doubling of food and housing prices is not crushing working class americans who spend a disproportionately large percentage of their income on items that the fed doesn't count in it "core inflation." This idea that inflation has come down is like the driver that says to the cop, "I was no longer speeding once my care went into the lake."

Sign in to participate in the conversation
Qoto Mastodon

QOTO: Question Others to Teach Ourselves
An inclusive, Academic Freedom, instance
All cultures welcome.
Hate speech and harassment strictly forbidden.