this post was submitted on 11 Nov 2024
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Summary

President Joe Biden’s economic achievements—lowering inflation, reducing gas prices, creating jobs, and boosting manufacturing—are largely unrecognized by the public, despite his successes.

His tenure saw landmark legislation like the Inflation Reduction Act, CHIPS Act, and major infrastructure investments.

However, Biden's approval ratings remain low, attributed to inflation backlash, weak communication, and a media landscape prone to misinformation.

Democrats face a “propaganda problem” rather than a policy failure, with many voters likely to credit incoming President Trump for Biden’s accomplishments due to partisan messaging and social media dynamics.

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[–] Narwhalrus@lemmy.world 11 points 6 days ago (1 children)

Why did you bother mentioning the 19.2% inflation statistic if we're talking about real wages?

Your point is taken that Biden is not primarily responsible for the wage increases during his time in office, but he doesn't have the power as president to unilaterally increase the federal minimum wage. He did sign an executive order increasing the minimum wage for federal employees and contractors which, while not having a significant impact on the wage growth nationally, is a step in the right direction.

I realize your point is more that the author of this piece is a prick and he didn't spend enough time trying to understand the bad economic vibes coming from the working class, but it seems like the Biden administration did a relatively good job guiding the economy through post COVID turmoil, which he (... And Harris by proxy) did not get any credit for. Would you agree with that?

I'm a huge fan of "sneering chud" by the way. Will be forcing that into a conversation soon.

[–] pjwestin@lemmy.world 17 points 6 days ago* (last edited 6 days ago)

Why did you bother mentioning the 19.2% inflation statistic if we're talking about real wages?

Mostly so I could point out in the second to last paragraph that if you weren't on the receiving end of that 13% wage increase (as I strongly suspect is the case for many people in GA, PA, WI and NC), then you took a 20% price increase to the face.

I think the Biden administration did its best to push through the progressive platform that he ran on, and I think that they probably don't get enough credit for that. I think Biden should have been more aggressive with Congress, especially in calling for the abolition of the filibuster early on, but I appreciate how much he did (or tried to do) through executive action. He was especially good on student loans, I honestly expected him to give up on that, but he didn't.

However, I think both Harris and Biden lost sight of the left-wing populist message that won them the White House in 2020. Harris especially pivoted towards a centrist, "economic opportunity," platform instead of a, "here's how government will help you," message. I think small business tax credits and first-time homebuyer's assistance are pretty out of touch when you're trying to win over people who can't afford groceries. She had some policies that were more targeted at the working class, but they were not the centerpiece of the campaign like these middle-class focused proposals.

That being said, yeah, most of my rage here is being directed at the author of this piece. Glad you liked, "sneering chud," I'm a little proud of that one.