This is THE best article I’ve read about our current political situation. Journalists on TV and in print are speculating on why Biden’s approval numbers remain low, in light of the fact inflation is “cooling”. The problem is, to those of us in the real world, inflation isn’t “cooling” at all. Gas prices have gone up a lot just in the las…
This is THE best article I’ve read about our current political situation. Journalists on TV and in print are speculating on why Biden’s approval numbers remain low, in light of the fact inflation is “cooling”. The problem is, to those of us in the real world, inflation isn’t “cooling” at all. Gas prices have gone up a lot just in the last month, and every trip to the grocery store is a reminder that food prices remain very high.
We keep hearing that core inflation, not including food and gas, is falling. But food and gas are the two biggest variable expenses for most households. There is a lot of speculation in the media about Biden’s weakness with minority voters. It’s not the cultural issues cited by most pundits, it’s inflation.
The Biden administration isn’t doing itself any favors by touting Bidenomics and falling inflation numbers. It just seems tone deaf and out of touch, like HW Bush campaigning in 1992 on an economic recovery people weren’t feeling, while Bill Clinton was telling them he felt their pain.
Biden should be saying re economy and COVID: "I'm sorry you have been struggling for so many years, and it's only starting to get a little bit better now. I'm sorry there's still so much that we have to hang in there about."
This is THE best article I’ve read about our current political situation. Journalists on TV and in print are speculating on why Biden’s approval numbers remain low, in light of the fact inflation is “cooling”. The problem is, to those of us in the real world, inflation isn’t “cooling” at all. Gas prices have gone up a lot just in the last month, and every trip to the grocery store is a reminder that food prices remain very high.
We keep hearing that core inflation, not including food and gas, is falling. But food and gas are the two biggest variable expenses for most households. There is a lot of speculation in the media about Biden’s weakness with minority voters. It’s not the cultural issues cited by most pundits, it’s inflation.
The Biden administration isn’t doing itself any favors by touting Bidenomics and falling inflation numbers. It just seems tone deaf and out of touch, like HW Bush campaigning in 1992 on an economic recovery people weren’t feeling, while Bill Clinton was telling them he felt their pain.
Biden should be saying re economy and COVID: "I'm sorry you have been struggling for so many years, and it's only starting to get a little bit better now. I'm sorry there's still so much that we have to hang in there about."
https://kathleenweber.substack.com/p/biden-and-noah-smith-are-wrong-gasp