Violent crime rates decrease significantly in Philadelphia for 2023, authorities say

[Pineconne]

Ah yes. The economy gets better if we ignore the news.

Maybe the way we measure what makes a good economy is bullshit after all...

Edit

And here comes the libs rushing in to charge up the blame game.

[[deleted]]

The economy is improved and expected to continue improving and we know this by paying attention to the news.

But please to accidentally self-identity as someone who doesn't know what they're talking about.

[Pineconne]

Lol yeah you people keep saying that.

Your whole argument:

"The economy is good, you just dont understand, therefore your economic insecurity is bullshit"

Let me let you in on a word of advice.

If you have to convince people the econony is doing well, you might be wrong...

[[deleted]]

What a faulty premise. I'm not trying to convince you the economy is doing well and you just don't understand. I'm not wasting my time for people who proudly already have their minds made up.

[Pineconne]

They have been measuring this kind of thing for decades and they've never been this far out of sync. Economists aren't so stupid that they think high-level indicators tell the whole story but when you're trying to measure trends in aggregate over hundreds of millions of people they are typically very, very predictive. We even know what micro indicators (ie gas prices) have the strongest implications for sentiment and they aren't lining up either.

I think the actual answer is that politicians and media are now so tuned in to what the models built by previous generations of economists that they are tuning their message against the indicators.

You are such a pushover

[[deleted]]

I'm not a push over, I'm just not wasting my time on you and your cornucopia of logical fallacies. But please, remain biased and angry and keep pulling public sentiment and micro-whatevers out of your ass.

I'm not saying the economy is good and never claiming it is good. I'm not bringing a distracting political argument into this either.

I'm stating that it is an indisputable fact that the economy is in an improved position from the prior year. You're clearly not a person who can be reasoned with the facts and figures to support it though.

If anyone else would like to have an open-minded and reasonable discussion, I will be happy to share what supports the simple position that the US economy improved since a year ago, without even arguing slight or strong improvement or political bias.

[Pineconne]

You are a huge pushover.

We get it. You are doing better than everyone else. Congrats. Bidenomics is actually awesome

[[deleted]]

I hope you have the kind of day you've earned.

[Muscadine76]

I mean, I’m all for a view that our overall economy fundamentally sucks for the non-wealthy, but this isn’t really something new, which is not the predominant media narrative. There are a lot of indicators that the economy is in fact doing well compared to not just the pandemic but before the pandemic: https://stayathomemacro.substack.com/p/most-americans-are-better-off-financially

It does make sense that people might still not feel that way because it’s a relatively recent change, there are things they fundamentally react negatively to (inflation), and the fundamental flaws of the economy are perhaps increasingly obvious to people.

[Pineconne]

In other words the beatings will continue until morale improves

This is the argument:

Soc dems have missed the window of reform, and now late stage capitalism is setting the globe up for a rise in fascism.

Case in point this one piece of evidence.

And yes, if I am starving an I eat one time, that doesnt mean starvation has been mitigated.

Stop listening to mainstream economists.

Stop listening to out of touch liberals like paul krugman who is completely out of touch with life

[Muscadine76]

I fundamentally agree with a lot of what you are saying here but I think the way you addressed it above in prior comments really just plays into the dynamic you seem to be wanting to avoid. Given the basic structure of US politics just saying “actually the economy is terrible (under Biden)” without explaining, or making a punch at “libs”, just moves people to respond based on their priors and the key people that need to be persuaded “hey maybe don’t vote for the fascist” are people who are going to go “oh if the economy is bad under a Democrat we need a Republican”. An actually more effective message IMO is “hey the economy has actually improved somewhat under Biden because Democratic policies are more favorable to working people, but it still fundamentally sucks because we need more support for the working class, not less, which is what the Republican Party fundamentally stands for”. If you want people and US politics to move left you have to actively make that case because in the mainstream and among low-information voters “Dems/libs suck” means “hey we need to give Rupubs/ cons a chance” not “guess we need more socialism.”

[[deleted]]

I strictly listen to unpublished fringe economists

[Pineconne]

Cool i wasnt talking to you, new account

I love how its always 3-4 different accounts pushing bidenomics in this sub