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snot

(10,846 posts)

13. I disagree.

Reply to Trust_Reality (Reply #10)

Sat Nov 9, 2024, 07:29 PM

Nov 9

The government's favorite inflation numbers exclude food and energy; and their calculation of GNP includes paper wealth created through Wall St. financialization, which contributes little or nothing to the real economy.

So the numbers sound good, but meanwhle costs for food, housing, and health care – material necessities – have skyrocketed, and wages have not kept up with those costs.

The economy may be great for the 10% who have stock portfolios, but hasn't been so great for most other people.

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After reading a number of analyses purporting to explain why Trump won the election, my only takeaway is that [View all] Martin68 Nov 8 OP

Perceived self-interest beats decency every time-- think Nixon vs McGovern andym Nov 8 #1

Competency and character surely are of no importance to them. Diamond_Dog Nov 8 #2

I agree competency is important, but somehow decency seems more important to me if I have to make a choice. Martin68 Nov 8 #3

We will know soon enough how will they like it under trump. JohnSJ Nov 8 #4

Fox News et al will explain why it is the Democrats fault every time Trump fails. They won't blame Trump. Martin68 Nov 8 #8

Saw this in a meme... The Unmitigated Gall Nov 8 #5

Yup, fear is the primary motivator for conservatives of all stripes. Martin68 Nov 8 #7

Yep, Trump is MAGAs George S Patton without the ability to run an army to do anything uponit7771 Nov 8 #6

I think that's true. snot Nov 8 #9

When everyone is saying "economy," we have a social psychology phenomenon. Trust_Reality Nov 8 #10

Not necessarily. For one thing, Fox News et al broadcast an incessant drumbeat that the economy was terrible and it Martin68 Nov 8 #11

I disagree. snot Nov 9 #13

This is true - but opinions differ on the cause of the higher prices. harumph Nov 9 #14

No argument there! snot Nov 9 #15

Yeah, rape is not decent. onecaliberal Nov 8 #12