Summary

President Joe Bidenā€™s economic achievementsā€”lowering inflation, reducing gas prices, creating jobs, and boosting manufacturingā€”are largely unrecognized by the public, despite his successes.

His tenure saw landmark legislation like the Inflation Reduction Act, CHIPS Act, and major infrastructure investments.

However, Bidenā€™s approval ratings remain low, attributed to inflation backlash, weak communication, and a media landscape prone to misinformation.

Democrats face a ā€œpropaganda problemā€ rather than a policy failure, with many voters likely to credit incoming President Trump for Bidenā€™s accomplishments due to partisan messaging and social media dynamics.

  • Wes4Humanity@lemm.ee
    link
    fedilink
    arrow-up
    7
    Ā·
    6 days ago

    The stock market is 80% owned by 10% of peopleā€¦ Better stock market= more profits for richā€¦ Those profits come from our laborā€¦ The better ā€œthe economyā€ is doing, the worse the workers are doing. The markets went through the roof for Trump because the rich know heā€™s going to let them rape and pillage without constraints of any kind.

    • pjwestin@lemmy.world
      link
      fedilink
      arrow-up
      7
      Ā·
      6 days ago

      Yeah, and hereā€™s the trick no one talks about; since the 80s, businesses (with the help of the government) started killing off pensions in favor of 401Ks. That effectively meant the middle and lower class, who are by far minority holders in the stock market, still need it to perform well, otherwise their retirement savings will be wiped out. So theyā€™ve basically created a system where an entire generation is incentivized to allow the 1% to be as opportunistic and greedy as they like, because the crumbs theyā€™re going to retire on are directly tied to the success of the wealthiest Americans.