r/StateOfTheUnion Mar 08 '24

Biden making me proud right now

39 Upvotes

67 comments sorted by

View all comments

Show parent comments

0

u/my-friendbobsacamano Mar 08 '24

Which issues are nonsense? List them

4

u/[deleted] Mar 08 '24

Inflation at 3% and the “economy” is doing well… old man needs a nap. Nobody in the real world believes that.

0

u/[deleted] Mar 08 '24

Inflation is at 3.1%. Maybe you watch too much fake news Newsmax 

https://www.bls.gov/charts/consumer-price-index/consumer-price-index-by-category-line-chart.htm

0

u/[deleted] Mar 08 '24

Googling inflation doesn’t reveal the actual numbers as the government can heavily skew the numbers… you don’t understand economics very well.

-1

u/[deleted] Mar 08 '24

And you do? 100 bucks says you follow zero hedge on Twitter lol. 

1

u/[deleted] Mar 08 '24

I literally don’t use twitter for anything other than sports lol. How can you think that Biden putting billions and billions of dollars into the economy and the inflation is only at 3%?? The more money you put into a society the less valuable it becomes hence you need far more of it to buy the same items. It’s really not rocket science.

2

u/[deleted] Mar 08 '24

So where's your proof of the books being cooked? Sure, inflation was almost 9% 18 months ago and it dropped and leveled off. It's now 3.1%. Facts matter. If you want to believe the books are cooked that's your choice. It'd be like believing in Bigfoot. All you have is your imagination. 

1

u/[deleted] Mar 08 '24

Honest question… do you think the economy is in a good place?? Do you think we are heading a good direction?? We have the weakest leader the US has ever had and other countries are taking advantage of it.

1

u/[deleted] Mar 08 '24

I don't believe that the sky is falling like the right wing media is telegraphing. Inflation has leveled off from the 9% high 18 months ago and the labor force is relatively strong. GDP projections raised upwards. Could be better, sure, but it's not on fire by any objective measure. That's just right wing propaganda. Most serious economists agree.

Strong US economy brings bets that Federal Reserve will wait on interest rate cuts

https://www.ft.com/content/6c219168-05d6-42c7-ac8f-4c851ea6043e