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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: weatherman   😊 😞
Number: of 84350 
Subject: Re: “Life was better under Trump”
Date: 11/26/24 3:30 PM
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no, what we heard, as amplified by media, was an anchoring to absolute price levels when blaming biden for inflation.
in other words, MAGA wants their $2 gas remembered during covid, but not the inflation spikes on other items from the latter supply chain shocks. nevermind that gas has greatly dropped back down despite the russia scenario escalating, nothing to report there.

and as inflationary RATES run irregularly through the economy as overall purchasing power steadily decreases as usual, who do you think will get media credit when egg prices inevitably drop back down?
trump, the great deflation creator. items more difficult to to control\predict, like the price of single family housing, will simply be ignored by the media.

it is beyond belief that voter economic perception is affected more by media than their actual economic circumstances, but i believe that is where we are.
again, gop voters believe the CURRENT economy is already better not just since, but DUE to the trump win.
when STEM has no chance, the dismal science has even less. attribution is dead.

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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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