A topic on C-SPAN Washington Journal this morning is Bidenomics. The fact is the economy is very healthy right now. GDP is up, inflation is down, wages are up, and unemployment is down. Energy prices are up because of climate change which the Republicans refused to do anything about. Interest rates are up but were artificially low for decades. Gasoline is up only in comparison to pandemic levels when demand was at historic lows because people were not driving. #cspanwj #economy #USpolitics
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You say these things are up, but up compared to what?
The baseline matters when making relative claims, and all too often people are comparing against the very worst moments, making the comparisons extremely misleading.
