• InevitableSwing [none/use name]
    hexagon
    ·
    edit-2
    1 year ago

    It's personal banking balances. The focus is on three points: January 2020, January 2021, and January 2023. #2 is Biden's inauguration. Edit... The very annoying lib pointed that out to me that #2 is the enactment of the "American Rescue Act of 2021" in March, 2021.

    Any economist can look at the vertical line of #1 and #3 but entirely skip #2 and say "There's been an increase from 2020 to 2023." A huge problem in economics is that many of economists never speak to typical people and they especially avoid poor people. Their heads are only filled with numbers and data.

    They often act like typical people are morons who don't know anything and don't understand anything. They are smug when polling shows many Americans feel worse off. But people are concerned about the fall from #2 to #3.

    Of course - economics colors the media and politics. Pundit brain and DC brain etc are similar to economist brain. Biden and his team come out with PR that "Bidenomics is working!" without understanding how typical Americans will view their rose-colored perspective. Democrats are flummoxed why people don't get it.

    This is all very predictable yet it happens all the time

      • InevitableSwing [none/use name]
        hexagon
        ·
        1 year ago

        I've ignored all the Lemmy drama except when it comes directly to my threads and lectures me.

        Fuck off, asshole.

        • Sleepkever@lemm.ee
          ·
          1 year ago

          Wait so someone corrects you on a fact, not even providing his own opinion on said fact. Just simply stating a correction. And that is what is wrong with lemmy?

          You might want to start your own non-federated echo chamber...

          • InevitableSwing [none/use name]
            hexagon
            ·
            edit-2
            1 year ago

            not even providing his own opinion on said fact.

            I was of two minds about making an edit.

            • If I don't make the edit - it bothers me.

            • If I do make the edit - some new fuckers might bother me.

             

            And here you are! Fucking clockwork. As if you libs didn't already have a million places to be annoying. Fuck off back to reddit.

            • Sleepkever@lemm.ee
              ·
              1 year ago

              Hey you could have just made the edit, doesn't make your point any worse. And I would have never responded.

              But no, you have to resort back to personal insults, even assume that everyone that talks back is "one of them libs". At some point you might realise that not the story you are trying to tell is causing people to talk back, but your personality. But it looks like you aren't quite there yet.

              • Nakoichi [they/them]M
                ·
                1 year ago

                You came in here and expected civility in the face of your lib shit. I'm sorry but you brought this on yourself.

      • Nakoichi [they/them]M
        ·
        1 year ago

        Oh joy, they gave means tested checks to a tiny fraction of households which are mostly not the most vulnerable people. And we are supposed to celebrate that?

      • HexbearGPT [comrade/them]
        ·
        1 year ago

        Yes. Duh. Witch is why people feel like the economy sucks now. Maybe should have done better since line 2 eh?