Quote (Black XistenZ @ Dec 14 2023 06:57pm)
Not actually true. Since the beginning of this year, Biden's approval ratings stood at the same net -10 to net -12 that Trump had throughout most of his presidency. If anything, Biden was already on a slight downward trajectory before the Oct 7 massacre and the subsequent Gaza war happened. Since then, his approvals are worse than Trump's.
https://projects.fivethirtyeight.com/biden-approval-rating/ You mean like this?
https://www.reuters.com/world/us/biden-signs-bill-block-us-railroad-strike-2022-12-02/He supported unions when it was politically expedient, and busted them when their strikes would have been inopportune.
... at great cost to average Americans squeezed between inflation and unaffordable housing. If Biden and the FED hadn't mishandled inflation so badly, the interest rate hikes (and thus the economic pain) wouldn't have been as high.
Cool, but prices are still way up from where they were 2.5 years ago. Basically anyone who didn't switch jobs or got a promotion over the past 3 years has experienced significant real income losses. Even factoring in that a lot of folks quit their shitty jobs during the pandemic to find something better, the median (!) real (!!) wages are still lower in Q3/2023 than they were in Q1/2020 (the last quarter before the impact from covid shutdowns and stimulus was felt), according to official government statistics:
https://i.imgur.com/BRxqQhA.jpghttps://fred.stlouisfed.org/series/LES1252881600QConsidering the allegedly oh-so-tight labor market, one would have expected solid wage growth over the past 2 years, rather than stagnation. And again: a lot of folks, particularly those stuck in their current job, experienced a real economic downfall, not just stagnation.
Approval ratings, to be frank, mean very little in this election climate, and they mean different things among the parties. Disapprovals for Biden will still come from likely Biden voters, but if you disapprove of Trump it's very unlikely that person will vote for him. Biden is a very bland candidate, Trump is extremely polarizing.
He went back and got the railraod workers their sick days and vacation after the midterms. It was all over the news. But I know your news diet is basically all right wing coverage, so I understand you wouldn't see what was covered basically everywhere else. He supported the UAW being the first president to visit the picket line. He was just inaugerated as an honorary member of the carpenter's union. His base of support among union workers is very strong right now.
We did not have exceptionally high interest rate hikes. We are historically average right now. The PEAK of this business cycle's interest rates is the historical average. That's quite good now matter how you slice it. Biden doesn't have much control over the Fed. No president does really. Which is how it should be. Although the Fed's interest in making sure a greater share goes to the wealthy to maintain a "healthy economy" needs to be reigned in. Biden is certainly not doing anything to help that, but no president has.... like ever.
Indeed real earnings haven't recovered. This is the only legitimate point you've made in this post.
This is about the tier of post I expected though. I know you would rather die than ever give a Democrat credit for anything. I notice you spent literal years exclaiming how Trump was so amazing for taking unemployment through a "much more difficult" 5% to 3.5%, but Biden took it from 6% to 3.5% and you aren't shouting the same exclamations.
This post was edited by Thor123422 on Dec 14 2023 07:35pm
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