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The Atlantic explains 'why Americans hate a good economy' as Biden's polling sours
Fox News ^ | 11/25/23 | Joseph A. Wulfsohn

Posted on 11/25/2023 3:09:04 PM PST by Libloather

The Atlantic went to bat for President Biden, publishing a piece Wednesday titled "Why Americans Hate a Good Economy" as his polling continues to show overwhelming disapproval.

The article began by citing a recent Financial Times poll showing the majority of voters saying they are financially worse under Biden "despite some objective positive measures" like 3.9% unemployment, an unchanged consumer price index and a drop in "wage inequality."

Staff writer Jerusalem Demsas attempted to explain what she viewed as the disconnect between Americans' perception of the economy versus the economy itself, highlighting "seven possible explanations."

The first is "People need a second to adjust," reflecting that the country is still bouncing back from the COVID pandemic followed by the spike in inflation.

"Although price jumps are leveling off, it’s important to appreciate that economic conditions changed really fast in both directions, and people may need time to register what’s going on," Demsas wrote. "Even if respondents think conditions are improving, they’re rating the Joe Biden Economy based on the past two years, not just last month, and their perceptions may be baked in."

The second reason, Demsas conceded, is that "inflation is just really that bad," writing "If someone has a good-paying job in an inflationary environment, they may tell a pollster that they’re doing well—but the economy is doing poorly."

The third explanation is that "expectations are high."

"During the pandemic, the federal government provided Americans unprecedented support. It stopped evictions; it dropped thousands of dollars into personal bank accounts; it paused student-loan repayments; it gave aid to unemployed workers; it provided tax breaks to parents of young children, and billions in aid to state and local governments. In doing so, the government may have raised expectations for what a ‘good economy’ is supposed to feel like," Demsas wrote.

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


TOPICS: Business/Economy; Conspiracy; Education; History
KEYWORDS: atlantic; brandon; economy; fjb; gaslighting; inflation; media; polls
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To: Libloather
There are people who make their fortunes on the suffering of others, including those who get paid to gaslight the sufferers.

These gaslighters serve no purpose other than to support the globalists drive to enslave free people.

41 posted on 11/25/2023 4:06:49 PM PST by T.B. Yoits
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To: Mr. Mojo

My daughter and husband have 4 kids. She home schools. He’s sole provider. They use to spend 300 a week on groceries now it’s 500. That is with a half cow in freezer. One in diapers. That is for food, cleaning supplies, laundry, TP, paper towels, etc.


42 posted on 11/25/2023 4:13:18 PM PST by Engedi
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To: coloradan

That’s right!


43 posted on 11/25/2023 4:15:47 PM PST by No name given (Anonymous is who you’ll know me as )
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To: Chode

So was I.


44 posted on 11/25/2023 4:15:56 PM PST by No name given (Anonymous is who you’ll know me as )
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To: cpdiii

*


45 posted on 11/25/2023 4:17:25 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: No name given

*


46 posted on 11/25/2023 4:18:04 PM PST by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: FLT-bird

“What percentage of the population between 18 and retirement age is engaged in paid work?”

Well, thats the Fed EMRATIO.

IIRC the Fed no longer uses the unemployment rate for serious analysis.


47 posted on 11/25/2023 4:25:46 PM PST by buwaya (Strategic imperatives )
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To: Libloather

48 posted on 11/25/2023 4:28:15 PM PST by Apparatchik (If you find yourself in a confusing situation, simply laugh knowingly and walk away - Jim Ignatowski)
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To: Libloather

The inflation is in large part due to the disastrous energy policy of this administration.


49 posted on 11/25/2023 4:44:01 PM PST by Dragonfly
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To: coloradan

You are haffing a vonderful time und enchoying it, vedder you like or not!


50 posted on 11/25/2023 4:45:02 PM PST by Eleutheria5 (Every Goliath has his David. Child in need of a CGM system. https://gofund.me/6452dbf1. )
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To: Libloather

The outright lying and deception is staggering.

NOBODY hates a good economy. I suppose except the left because then they can’t control people.


51 posted on 11/25/2023 4:53:32 PM PST by metmom (He who testifies to these things says, “Surely I am coming soon.” Amen. Come, Lord Jesus.)
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To: SaveFerris

The rentier, bond coupon-clipping class loves gov debt because their coupons are like gold until they are garbage in which case they will switch to real gold.


52 posted on 11/25/2023 5:07:15 PM PST by Kenny500c ( )
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To: Libloather

I don’t know any regular person —and I associate only with regular people — who will say that this is a good economy. That includes Democrats, of which there are plenty around here. I was at Walgreens today and noticed that a bag of Lay’s potato chips, which I have bought for years for 99 cents, now costs $2.49. While browsing, I noticed nearly everything is more expensive by far, and often for smaller packages. Meals at local restaurants have gone up about 1/3, and often for smaller portions. Who doesn’t love paying more for less? Let’s Go Brandon, 2024!


53 posted on 11/25/2023 5:08:16 PM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: SaveFerris

https://www.youtube.com/watch?v=mkNn4WUwtCA


54 posted on 11/25/2023 5:12:48 PM PST by SteveH
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To: packagingguy

Ground chuck is 4.59 a pound..
A POUND...
They are trying to starve us out..
Force us to choose between gas for the car, medical care, heating our house, or food on the table...
You can only pick (almost) 2...


55 posted on 11/25/2023 5:28:39 PM PST by joe fonebone (And the people said NO! The End)
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To: Southside_Chicago_Republican

I was at my local store today
1 2ltr of soda
1 12 CT of eggs
1 10 CT tortillas
1 pkg frozen corn
Spent 10.50
So FJB


56 posted on 11/25/2023 5:36:33 PM PST by markman46 (engage brain before using keyboard!!!)
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To: Libloather

Do these reporters have slaves do their grocery shopping for them?

The insane high prices are kinda hard to miss.

;-)


57 posted on 11/25/2023 5:38:56 PM PST by cgbg ("Creative minds have always been known to survive any kind of bad training." Anna Freud.)
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To: markman46

The good guys need to hammer hard on “are you better off than you were four years ago”? That question goes way beyond the economy. Make the Democrats own their mess.


58 posted on 11/25/2023 5:51:14 PM PST by Southside_Chicago_Republican (The more I learn about people, the more I like my dog. )
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To: Libloather

I looked at a five pound beef roast in the store this week. It had a sticker, reduced for quick sale.

It was marked down, from $65 to $50. Should have taken a pic of it.


59 posted on 11/25/2023 8:21:44 PM PST by lurk (u)
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To: Libloather
My guess, the Atlantic editor's assignment to Ms. Demsas was something such as..."We need to counter the Republicans' best issue. Can you put some lipstick on Biden's horrific economic failures?

Sure Chief. How about...

"During the pandemic, the federal government provided Americans unprecedented support. It stopped evictions; it dropped thousands of dollars into personal bank accounts; it paused student-loan repayments; it gave aid to unemployed workers; it provided tax breaks to parents of young children, and billions in aid to state and local governments. In doing so, the government may have raised expectations for what a ‘good economy’ is supposed to feel like," Demsas wrote.

60 posted on 11/25/2023 8:24:20 PM PST by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston ChurchIill)
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