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It’s the Cost of Living, Stupid!

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Posted By: Garnet, 5/27/2024 1:28:38 AM

President Biden and the corporate media are growing increasingly frustrated by the failure of Americans to accept their assurances that the economy is in good shape. They insist that there is an inexplicable disconnect between the public’s gloomy perception of the economy and the sunny state of affairs described by official government statistics. A vocal proponent of this view is New York Times columnist Paul Krugman. As recently as Friday, he declared himself unable to understand pervasive pessimism about the economy and dismissed the phenomenon as a “vibecession.” Sorry, no sale.

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Reply 1 - Posted by: leonardo 5/27/2024 3:08:29 AM (No. 1725555)
LIARS LIE … got it?
10 people like this.

Reply 2 - Posted by: PChristopher 5/27/2024 4:48:04 AM (No. 1725571)
I get tired of hearing from the likes of Careen John Peeair that prices are actually down! Yeah?! Eggs, for instance, are still three times higher than before the Cryptkeeper got installed! You've lost the trust of the people and you ain't getting it back!
16 people like this.

Reply 3 - Posted by: mifla 5/27/2024 5:15:50 AM (No. 1725577)
The price of an item goes up 300%, the politicians say nothing or blame price gouging. When the price of that item drops 1%, the politicians proclaim that their policies are working and prices are coming down, ignoring the fact that they caused the original price increase and that the price is still 299% higher than it used to be.
25 people like this.

Reply 4 - Posted by: Strike3 5/27/2024 8:14:00 AM (No. 1725690)
The name of their entire party is an outright lie. I know communism, oppression and dictatorship when I see it. We all know that Joe's brain is dead, he is not a good Catholic and he is a thieving mobster yet they attempt to tell us that he is smart, sharp and a good man. Sorry, dems, we trust our lying eyes more than we do you.
6 people like this.

Reply 5 - Posted by: Californian 5/27/2024 8:32:09 AM (No. 1725711)
Krugman, declared he doesn't understand. He's finally right about something for once. His broken clock isn't right twice a day. His only accomplishment is somehow being 100% wrong, 100% of the time for 100% of his career.
8 people like this.

Reply 6 - Posted by: happywarrior 5/27/2024 10:05:39 AM (No. 1725795)
These people don't go to the grocery store, they probably have a maid or a personal assistant do all that messy stuff.
5 people like this.

Reply 7 - Posted by: stablemoney 5/27/2024 11:05:15 AM (No. 1725872)
In inflated dollars, you may look like you are better off than 4 years ago, but after adjusting for inflation, everyone's standard of living is less. It will get worse, as austerity is the only way to get out from under 35 trillion in debt, and a government that is twice bigger than its britches.
4 people like this.

Reply 8 - Posted by: mc squared 5/27/2024 12:18:30 PM (No. 1725935)
Poster #3 is correct. The inflated prices seldom return when inflation slows. It's there forever.
3 people like this.

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Posted by Garnet 5/27/2024 1:28:38 AM Post Reply
President Biden and the corporate media are growing increasingly frustrated by the failure of Americans to accept their assurances that the economy is in good shape. They insist that there is an inexplicable disconnect between the public’s gloomy perception of the economy and the sunny state of affairs described by official government statistics. A vocal proponent of this view is New York Times columnist Paul Krugman. As recently as Friday, he declared himself unable to understand pervasive pessimism about the economy and dismissed the phenomenon as a “vibecession.” Sorry, no sale.
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