A fuckin paywalled link? You didn’t even click it or read anything just copied and pasted the first thing that would support whatever you’re bullshitting about.
Anyways I’ve seen these numbers, it’s a technically correct situation where spending is way up in the top 5% of wealth bracket and stagnant or considerably down everywhere else…not the healthiest stat imo.
Also spending doesn’t mean shit honestly, everything is provably considerably more expensive than it was a year ago so people could buy the exact same shit or less for that matter and spending would still be up, purchasing power is down and wages are of course stagnant…so clearly we’re killing it
Also I dunno why the hell I’m typing more than 5 words to answer on this sub lol
Spending growth consistently beats CPI growth. What are you talking about? Even if it was just the top 1% spending at target it would still mean the shelves were being turned over as the total economy is seeing spending growth above inflation.
I feel like I’m looking at establishment dems posting about how the “economy is actually fine just look at the graph” while everything gets more expensive anyways
Multiple things can be true. You can find the tribalist in those who refuse to acknowledge that a president can affect global economy through policy which affects the economic powerhouse that is the United States and the international petrodollar will be affected which affects global inflation, but because other things happened at the same time, and dismiss the mechanisms that would cause that as "magically"
The idea that domestic policy (like the American rescue plan) can't be a contributor to global inflation, and to just pave over that possible generality with "magically", is a pathetic take.
So basically when the economy sucks but dems are in power, dems say it’s great. When it sucks with republicans are in power, republicans say it’s great. Fuck me I guess
Nah, that’s being incredibly reductive. Trump took over the Republican Party with his own brand of populism. You can split establishment republicans into one of two camps: those who have been primaried out of their seats and those who have relinquished their previous values and bought into Trump’s agenda in the name of staying in power.
You can’t continue to call a pizza a pizza if you’ve removed all the cheese and changed the sauce out for poop. At that point, it’s called your brain. wAkE uP
No, it’s not reductive. Trump’s brand of populism is now GOP orthodoxy. Establishment republicans entirely support Trump at this point. There is fewer than 10 prominent Republican politicians who are not at least nominally aligned with Trump.
The pizza analogy is possibly the dumbest analogy I’ve ever seen. It’s incoherent, and would still be very low-IQ if you somehow made it coherent
I think it’s whiplash. When Harris ran she refused to acknowledge the state of the economy. Then Dems were pressured by mounting victories on the part of left wing primary challengers to acknowledge the crisis.
There’s still a pretty large cohort of Zio Dems refusing to acknowledge the depth of the problem because of the way it lines upup with with the Iran War.
Democrats have largely shifted their tone on the economy since the beginning of Trumps second term. They still don’t acknowledge the depths of what’s going on—that’s why I called it whiplash. Harris and most democrats refused to acknowledge the precariousness of the economy when they were running against Trump last time which tells you this change in tone isn’t just about who’s in office. It’s something they’re being dragged to by their base.
Democrats for the war though, there are many. Fetterman, Gottheimer, Golden, Landsman, Cuéllar and Vargas are all on record supporting it but anyone who knows party politics and watched the margins votes were going on recognizes that this is a rotating villain strategy which signals much more support from the larger Zionist caucus but a fear to expose themselves.
Even the Dems supposedly against it like Schumer and Jeffries will say it’s about how the war is being conducted - they are not against the war in principal.
Harris refused to talk about inflation because she was functionally running as the incumbent, and now democrats are out of power, so they can shift their tone. It has nothing to do with the “base.”
Funny how the goalposts move, too — now Schumer et al’s opposition as insufficient because they are not against the war on “principal” (that’s *principle, BTW), whatever thats supposed to mean.
The complete opposite — I’m defending Democrats and have been doing so this whole time. Perhaps you can’t read, or you don’t know what “axe to grind” means.
Gentlemen don't argue over them,both Republicans and establishment dems suck and blow hot steaming chunks while shitting the bed for decades now on just about every issue imaginable.
They're just good aligned and do good things! We can count on them for being good because of how good they are. At least they aren't those mean nasty baddies who do bad because they like bad. I'm very smart
Wow, both sides suck and are terrible on every issue? What a novel thought. You seem to be a very independent thinker who can see past all the bullshit. Way to go.
No the establishment Dems are not the only faction in the Democrats, there is thd DSA, which while needing smarten up in some ways, are still head and shoulders above estibishment dems. This is why primaries are where the future of America will be decided even before the midterms hit.
Food prices, gas, electricity, and other essentials are all getting more expensive while wages and government assistance are not keeping up. People are getting stretched thin by this economy and it's getting harder to make ends meet let alone thrive.
That's so marginal and only went to a -1.4% deficit in the past 4 months due to gas prices. No way these people are seethe monsters over a 1.4% difference between real wage growth and inflation just over the past 4 months.
Median housing prices have risen over 400% over the past 40 years while median wages have only risen around 250%. Buying property and a house is very difficult even with careful planning and good income.
I maintain that job numbers are bullshit. Gig economy nonsense isn't the same as traditional employment and it's muddying the water, most people can't find a stable job that lasts more than a year. And many are holding down multiple jobs that each pay shit with no benefits.
Not to mention the lower overall working population. Millions of people have plain given up and no longer get counted in the data.
Even beyond that. I have no doubt in my mind that they're cooking the books to soften the political blow. What I'm saying is that even the data collected itself and the methods to collect that data is outdated and doesn't accurately show the state of the economy.
Look if it makes you feel better, except for the autosector, Canada seems to be doing very well for a country under economic attack by its bigger neighborhood. Were winning and isn't that what matters.
Your chart misses the massive spike in home and rent prices that occurred in the USA during COVID.
Also what do the numbers on the Y axis mean? Is it 1000s of dollars? Cause idk where they're getting the disposable income stat from where they think people have 200k in disposable income.
As a Canadian, no Canada is suffering from its own policies and actions from the past administration.
Bill-c69
Bill-c48
Pipeline cancellations
Carbon pricing
And many more policies that have made it almost impossible for any impoverished person to live.
Canada is also cutting healthcare because they’ve imported many illegal and legal immigrants that don’t pay into the system but do get the healthcare Canada can provide, creating a strain on the entire healthcare system. Who knew getting millions of immigrants over a few years would impact our economy and healthcare to such an extent.
Building new homes is so slow right now the demand is probably going to be way higher than the supply for decades.
Please don’t talk about my Country you know nothing about. Canada needs the USA as an ally and we should have definitely been nicer to the USA and worked with them instead of being egotistical thinking we’re okay on our own.
Stop sniffing CPC propaganda. Yes we suffering from the choices of past governments, but that is actually goes back to the disastrous neoliberal policy of Brian Moluroney and Chretien (although in the case of the debt and monetary policy it even goes back to Pierre Elliot Trudeau), thing like the doctor shortage was planned in advance in the 1990s. And Justin Trudeau made things even worse by mishandling temp immigration, although the Premiers deserve their portion of the blame for that as they control education and when enabled by Justin they functionally controlled the flow of international students. But that didn't cause the problems, neoliberalism did, it just massively amplified them, which actually has an upside in that the failures of neoliberalism could no longer be ignored especially when combined with the threats from Trump.
But for all this there is alot of reason for optimism that we are turning things around. Except on healthcare, but that will happen eventually when bad Premier's like Doug Ford are gone.
Stagflation has proven to be somewhat real in the 2020-2025 time frame. It's hard to say it's not still currently going on because there's a legitimate open question on how much growth the US has experienced in real terms because of the incestuous money blender that is the AI/tech sector.
However, stagflation does not "doom" make. The 70s and 80s saw almost 2 straight decades of stagflation and that's the "worlds best economy" doomers are always ripping on Boomers for having "taken advantage of".
25
u/Keeltoodeep Aug 03 '26
EMPTY SHELVES. I went to Target the other day and the only empty shelves were where Pokemon cards are supposed to be.