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Why Are Americans Unhappy About the ‘Thriving’ Economy? — 5 Reasons Behind the Economic Gloom
Adam Palasciano ^ | Jan 20, 2024 | Adam Palasciano

Posted on 01/21/2024 10:44:48 PM PST by where's_the_Outrage?

ith the economy apparently on the up and up post-pandemic, some Americans find themselves unhappy with the current state of affairs.

The Financial Times reported that only 14% of American voters believe they are better off financially now than when Joe Biden took office, according to a recent poll. At the same time, nearly 70% of voters thought Biden’s economic policies had either hurt the U.S. economy or had no impact. Just 26% of respondents said his policies had helped.

Despite these views, the unemployment rate was recently as low as 3.9%, wage inequality has decreased over the past three years, more jobs are being added to the economy at a record pace, and wages adjusted for inflation have finally surpassed pre-pandemic levels. So, the question remains: Why do some many Americans feel gloomy about a positive economy?

Housing costs are extremely high:

Inflation is still rampant:

People need to adjust from rapid economic change:

There are high expectations:

The media hypes up bad news:

(Excerpt) Read more at msn.com ...


TOPICS: Business/Economy; Chit/Chat; Conspiracy; Society
KEYWORDS: bidenonmics; economy; gloom; inflation; misery; miseryindex
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To: where's_the_Outrage?

With Biden’s inflation, we’ve been slapped with a PERMANENT, 20% NATIONAL SALES TAX!


21 posted on 01/22/2024 2:10:52 AM PST by 4Liberty (My 2024 prediction: Biden will be 'eliminated' -- not Trump --and Deep State will suspend elections.)
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To: TigersEye

Gov spending was 20% of GDP pre covid now 25
That leaves a lot less for the rest of us. Plus gov spending this high with crazy regulations makes growth impossible. I don’t care what the gov numbers show


22 posted on 01/22/2024 3:09:09 AM PST by genghis (Cathinkngact only re check ason go after e puthatn 5nu0 inbbiedComlpln)
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To: where's_the_Outrage?
The media hypes up bad news:

Huh? The mockingbirds have been gaslighting about how great pedojoe's economy is.

American Man: "Arg! An illegal alien just stabbed me and I can no longer afford insurance and I'm bleeding out."

Mockingbirds: "Look at all the weight you're losing, you should be happy!"

23 posted on 01/22/2024 3:14:41 AM PST by Sirius Lee (Next week on The Bickersons... )
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To: TigersEye

It is not a “thriving economy”, it is a very spotty and uncertain economy, with all the earmarks of studious application of “crony capitalism”, winners and losers chosen for the furtherance and benefit of the power structure at the expense of the wider range of wage earners subject to its reach. Price inflation is accelerating more rapidly than wage increases, and the squeeze shows no signs of abating.

It all boils down to creation of artificial scarcity and resulting higher prices, particularly in the field of energy extraction and generation. Stopping the exploration for new hydrocarbon fuels, and taxing its use heavily, by actual tax burden and by irrelevant regulation, lead only to escalating prices, which cascade through all the products and services so necessary to a prosperous economy.

Drill, baby, drill. And shut down nearly every regulation adopted since January 20, 2021.


24 posted on 01/22/2024 3:32:55 AM PST by alloysteel (Most people slog through life without ever knowing the wonders of true insanity.)
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To: where's_the_Outrage?

The money presses have slowed way down. While that will keep inflation down it will guarantee a recession. When Reagan did the same thing the hurt was minimized by cutting regulations and taxes. Obviously not going to happen like that this time around.


25 posted on 01/22/2024 3:59:14 AM PST by Nateman (If the Pedo Profit Mad Moe (pig pee upon him!) was not the Antichrist then he comes in second.)
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To: where's_the_Outrage?

I had two keys made for the pickup bed toolbox I have. The keys were $8 each. Never in my life have a seen a simple key like that cost so much. And, the shrinkflation from smaller package/portion sizes as mentioned above is VERY noticeable now. The government is responsible for loss of control of the currency. They’re robbing us before our very eyes and there is not one thing we can do about it, except...repent and turn back to God. Many, many folks are not going to do that. So, all that is left is to suffer.


26 posted on 01/22/2024 4:08:44 AM PST by MeneMeneTekelUpharsin (Freedom is the freedom to discipline yourself so others don't have to do it for you.)
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To: alloysteel

It was certainly better to drill under Trump. Who would want to, with what this stolen administration is promising.

Ayn Rand was right. At some point, you’re just helping them to slit your own throat.


27 posted on 01/22/2024 4:15:43 AM PST by Empire_of_Liberty
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To: where's_the_Outrage?

The fact that we (Spouse and me) are financially stable has nothing to do with government policy. I would say that we are slightly less stable now than we were in 2018 but stable all the same. Reason: we live below our means and save some for a rainy day.


28 posted on 01/22/2024 4:44:05 AM PST by fatboy (')
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To: metmom

indeed
laundry detergent has gone through the roof
I have greatly reduced the amount I use


29 posted on 01/22/2024 4:59:24 AM PST by SisterK (it's controlled demolition)
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To: TigersEye

Right there with you. Not too long ago, I was ‘ahead’ every month. I could buy a friend lunch, gas up my truck, and do my grocery shopping without that sinking feeling that I’ve fallen significantly behind, financially, over a very, very short period of time. And the future looks like more of the same.


30 posted on 01/22/2024 5:05:43 AM PST by drwoof
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To: webheart

Socialism always announces its adoption with starvation.


31 posted on 01/22/2024 5:07:07 AM PST by Aevery_Freeman (I didn't mis-gender you, You did!)
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To: MeneMeneTekelUpharsin

Turn back to GOD to repair our broken psyches but turn back to GOLD to repair our broken purses.


32 posted on 01/22/2024 5:12:27 AM PST by Aevery_Freeman (I didn't mis-gender you, You did!)
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To: where's_the_Outrage?

Well Slick, your economy is “THRIVING” with my tax money. The Federal debt is “thriving” at $33.1 trillion. According to the mainstream “media”, everyone has their credit cards maxed out because they can’t afford to pay cash. Yup! “Thriving.”


33 posted on 01/22/2024 5:30:15 AM PST by FlingWingFlyer (Democrats never backstab each other the way the sorry Republicans do. There is no GOP.)
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To: where's_the_Outrage?

The inflation is being generated by the US government and they are stealing the wealth of the people through biden’s policies of big spending and printing money. It’s not an accident that a dollar in 2021 is now worth 91 cents. Think about that...


34 posted on 01/22/2024 5:48:21 AM PST by subterfuge (I'm a pure-blood!)
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To: where's_the_Outrage?

I love how they try to gaslight us on inflation by saying things like “inflation is just a fraction of what it was six months or a year ago,” as though the only relevant comparison is this month to last month. The effect is cumulative, retards, and we’re still getting killed relative to where things were 2 or 3 years ago.


35 posted on 01/22/2024 6:04:53 AM PST by Burma Jones
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To: where's_the_Outrage?

Positive for whom, exactly? Oh, wait, I see. It’s great for the oligarch/collectivist crowd.


36 posted on 01/22/2024 6:06:45 AM PST by Noumenon (You're not voting your way out of this. KTF)
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To: where's_the_Outrage?

Adolescent:

Employment No./ C.O.L. = ∆ -

Eg. Work Value

4/4 = 1

4/8 = .50

∆ = - 1/2 = real employment = ∆ work

∆ work value = -

Disaster


37 posted on 01/22/2024 6:23:32 AM PST by Varsity Flight ( "War by 🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
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To: where's_the_Outrage?

Incomes are down during the bidet administration, on an inflation adjusted basis. Everyone knows they are poorer.


38 posted on 01/22/2024 6:37:11 AM PST by Uncle Miltie (Objective: Permanently break the will of the population to ever wage war again.)
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To: where's_the_Outrage?
Let's not forget the debt and deficits.
39 posted on 01/22/2024 6:38:18 AM PST by 1Old Pro
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To: Organic Panic

The media hypes up bad news:“

Let’s fix that. The media buries bad news.


40 posted on 01/22/2024 6:43:55 AM PST by iamgalt
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