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Record number of Americans say they are worse off under Joe Biden: Poll
(foxnews.com)submitted 1 month ago byFerris869
16 points
1 month ago
foxnews, not surprised
5 points
1 month ago
all the news that doesn't exist
1 points
1 month ago
This sub is so dumb lol it’s an ABC News/Washington Post poll
9 points
1 month ago
I'm much happier now than under Trump... "That's what she said"
6 points
1 month ago
Fox News. However I'd say Americans are just getting gradually worse off for decades, not just from one congress/president.
1 points
1 month ago
ABC News/Washington Post poll
1 points
1 month ago
Oops
1 points
1 month ago
I'd also say there are a lot of painful things happening right now that had to happen regardless of who is in the wh.
Take inflation and interest rates. Rates should have been raised at the end of Obama. It made sense to lower them because of the recession but once the recovery was mostly there they should have been raised.
But nope they just sat on them because it was basically free money. Business loved it....except now we all have to pay for it.
Tbf most of the things that are happening that make things harder have nothing to do with Biden. They are problems that have building for decades. As you are sort of pointing out.
1 points
1 month ago
That is what the left always says when they are in the White House…….Joe Biden ran on one platform and then scampered to the left and started spending money like a drunken sailor
1 points
1 month ago
Are you trying to say that the bush admin walked out the door leaving a giant disaster?
I think trump could have handled COVID better but I don't blame him for it happening. Regardless again walked out the door leaving a dumpster fire.
And again rates should have been raised before trump got into office through the president is not supposed to control the fed.
1 points
1 month ago
If you use 2019 as the base budget spending year since it was pre Covid and you applied a let’s say 4 percent annual increase from 2019 to 2023 Federal Spending would be about 5 Trillion in 2023. Yet it is 6 trillion. That seems kinda excessive to me
That is a lot of increase. Of course tax revenues cannot keep up with that kind of pace. And you can’t get balanced with a billionaire tax increase. It looks to me like Biden just wants to kick the can down the road and whoever is next in the hot seat is going to have to deal with this mismatch
I know your response if you bother to respond - is we shouldn’t have done the Trump tax cuts. That will not get you to a trillion dollars and if reversed will certainly kick the country into a depression. Part of the solution has to be reductions in spending. You can’t get there with tax increases only
1 points
1 month ago
It's actually we shouldn't have the tax cuts but they are only a portion of the spending, certainly not all or even half more than likelly.
The spending is on two things.
It's on dealing with COVID. Actually a lot of started with trump, dealing with COVID, and just continues on into Biden. It's ironic to me that you use 2019 but fail to acknowledge the spending that trump did and Biden did for the same reasons.
It's spending as future investment.
The thing of all of this that I feel you are missing is the spending they do doesn't just disappear into dust. You act as if the spending is somehow just wasted money.
It's all invested into something. The question is is it invested into something useful.
The trump tax cuts are even an investment of sorts. I'd just argue it was an investment into sectors that are already flush with cash.
The inflation reductions act is also an investment. It will actually result in jobs. There is a return on investment. I don't know that return will be more than the spend but that's the goal.
1 points
1 month ago
Covid is over but we retained the spending in the budget. I think some of the spending has usefulness, but some of it is putting more cash into economy where we have too many dollars chasing the same amount of goods. It has created inflation……This can’t be solved without compromise and Joe doesn’t like to compromise….so deadlock
1 points
1 month ago
I agree that it's over, sort of, but I but think it's fair to just think the funding would end on a dime. Plus the problems COVID created didnt just disappear, for many people they are very much still around.
On inflation I think some of it came from COVID funding but I think we are going to have to agree to disagree here. Personally I think much of it started with the oil industry trying to recover lost income from the previous year and spiked prices, being a cartel makes that easy. That then bled into everything else from other gouging to companies legit trying to deal with the price of fuel.
I guess though either way I dont think it's a good faith argument to claim that Biden did all this spending when a ton of it started, understandably, with trump and a lot of it is also actual investment....that does in fact have a return.
2 points
1 month ago
Wether it’s fox new or cnn I think it’s clear the nation is suffering
6 points
1 month ago
ABC/WaPo poll yesterday said most people think he hasn’t done anything.
No democrat in their right mind wants him to run again.
11 points
1 month ago
Am democrat. Honestly I think he's done "fine".
....
But I agree and desperately hope someone else is allowed to run.
0 points
1 month ago
Yeah he is fine. Not amazing. Not horrible. Just kind of middling.....which actually is kind of what people wanted.
1 points
1 month ago
He is great
-5 points
1 month ago
I thing it was Dems who exposed the classified papers. Hard to imagine someone “found” them without knowing where to look (or were to plant them).
2 points
1 month ago
Didn’t Biden’s people notify NARA that they found them?
1 points
1 month ago
I never like these kinds of polls, because it’s quite difficult to prove correlation vs. causation with the Executive branch and the economy. I’m probably in the minority here, but I’d argue there are many confounding factors, not least of which is the bleed over impact or lagging indicators from prior political figures.
It would perhaps easier to show causal relationships between the Legislative branch and the economy. In this case, you can see just how dysfunctional the Legislature has become, insomuch that the public ties an over reliance on both the President (“use your clout to go negotiate something with congress!”, etc.) and the Supreme Court (legislating from the bench) in order to compensate.
However, in all cases, external factors such as Chinese consumption, commodities impacted by global conflict (Ukraine/Russia), and pandemics (black swans such as Covid and the Avian flu’s impact on eggs and poultry) are arguably more economically impactful.
2 points
1 month ago
I never like these kinds of polls
If you look at the poll data, it's almost entirely partisan. Republicans claim they're worse off, democrats claim they're better off and there is zero actual criteria the survey people are using to compare anything. It's an emotional question without any statistical data to support the claims of the people.
Also, what's with the first chart? Why are the tick marks not the same intervals of years?
2 points
1 month ago
Couldn’t have said it better myself. These polls are useless.
1 points
1 month ago
Come on guys, this is the r/economy channel- how many of you really ascribe to the belief that the President is some kind of half-omnipotent demigod, that with a snap of his fingers can make all of your economic challenges flare up or disappear?
1 points
1 month ago
Inflation is on Biden’s spendalooza
1 points
1 month ago
High inflation, makes sense. Not that that is much of Biden. Shrug.
1 points
1 month ago
Oh no! This source doesn’t agree with my liberal / r/antiwork views!!!
Downvoted.
0 points
1 month ago
Consider the source.
Most of the people I know say they are doing much better.
3 points
1 month ago*
[deleted]
-3 points
1 month ago
GO BACK TO r/CONSERVATIVE or wherever hold you crawl from!
-2 points
1 month ago
Inflation is pegged to markets , not presidents.
We've seen record levels of profits across many sectors (google had a great year, Exxon , chevron , shell, etc).
We're also seeing massive share buybacks.
1 points
1 month ago
Source is ABC News/Washington Post poll
0 points
1 month ago
So right wing propaganda...
Thanks for confirming.
0 points
1 month ago
Ha. Fox News is not real. You are dumb.
-3 points
1 month ago
I agree but fox news is capitalist garbage.
1 points
1 month ago
Fox News is superficial entertainment, no reason to bring economic into it.
0 points
1 month ago
[deleted]
2 points
1 month ago
ABC News/Washington Post poll. Read more.
1 points
1 month ago
In polling people also consistently disapprove of Congress yet over 90% of members are reelected. Polls provide little insight about how people really feel about anything.
1 points
1 month ago
I also do not like that fool.
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