this post was submitted on 23 Nov 2023
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[–] FlashMobOfOne@beehaw.org 5 points 11 months ago (3 children)

It's just a feeling you have. The average American is actually better off than ever.

The average American, no matter where they live, is dealing with a 30% to 50% cost of living increase over the last couple of years, when Biden's been in office.

That's going to be hard to sell in a reelection campaign.

[–] GiddyGap@lemm.ee 2 points 11 months ago (1 children)

Yeah, that's what the article is talking about. That feeling of being less well off.

But even accounting for inflation, the average American is actually better off than ever, also while Biden's been in office.

[–] t3rmit3@beehaw.org 5 points 11 months ago* (last edited 11 months ago)

That feeling of being less well off.

I got bad news for you: no one cares what an economist says about how they should feel, they only care about how they DO feel, and most Americans feel worse off.

That's not Biden's fault, obviously, it's Capitalism's, but try explaining that to your average American.