So the inflated price should come down right? …right…
Damn when a pound of onions cost $2.50 I don’t really call this progress or “Finding a way out”
this post was submitted on 18 Dec 2023
0 points (NaN% liked)
politics
22705 readers
3392 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 2 years ago
MODERATORS
.
Ending inflation doesn't mean that prices come down. It means that they stop rising. (or, more realistically, go back to rising at 2% to 3% per year)
Deflation is when prices drop. It's bad; what happens is that it's more valuable to hold onto cash than to invest it in starting or expanding a business, so the economy as a whole craters like the US did in the Great Depression. You probably don't want that.
.
Yo ngl I cannot care one iota about the S&P 500 when food costs nearly double what it did before the pandemic and rents are skyrocketing.
I feel you, but there's not much Biden can do about either thing.
Unfortunately, he will get the blame for it anyway.
I feel you, but there’s not much Biden can do about either thing
Weird the article is giving credit to Biden for inflation then...
It's just getting old that if something good happens, Biden gets credit. If something doesn't get fixed, then it's not his fault because he's just the president.
It's the type of stuff I'm used to only hearing from Republicans.
I mean. At the absolute bare minimum the White House should understand how this comes off to voters like the person your replying to.
All it does is highlight how voters aren't the concern, it's the wealthy who have already made huge increases in the wealth since 2019.
"Nothing will fundamentally change" he told the wealthy before he was elected. And credit where credit is due, Biden has kept that promise to them.
Within any adminstration there will be things in and outside of their sphere of influence.
What's often attributed to Biden himself can often more accurately be attributed to his cabinet as a whole.
When people say it's not their fault they often mean the issue at hand needs a Senate resolution which will never happen because it's controlled by the Republican party who has a "do you enemy no favors" policy whenever a democrat is in office.
So what did Biden do for this?
The article says:
-
Skyrocketing interest rates.
-
Increased fossil fuels drilling
-
And forcing ports to operate 24/7 to flood the market with imported consumer goods.
All things that have massive negative effects on the average American, but help large corporations and the wealthy who own them.
Which brings us back full circle to OP's complaint that this victory lap is celebrating something that only benefits the most wealthy Americans and fucks over the rest of us.
Is that what we're supposed to be congratulating Biden on?
Is this honestly going to convince voters that Biden cares about them? Because according to polls, they don't feel like that, and that will depress turnout which is the only way Republicans can become president.
.
So...
You're saying the article lists three more things that helped the wealthy.
And one of your examples for how that helps the average American is it kept housing prices high?
And you know what avoids layoffs and actually helps workers? Fixing the actual problem which is out of control wealth inequality.
Even just trying to do something about that would pretty much guarantee Biden gets a second term.
.
Good talk, chad.
It's depressing how much trump supporters and Biden support act alike.
.
That falls on your local economy and state and local elected officials. Rent is always due to local officials and how the zone the city. Local and State Corporate taxes also play a role in higher prices. If I were you, I'd check the local city council schedule and speak on those concerns.
.