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Trump wins presidency for second time

(thehill.com)
1796 points koolba | 2 comments | 06 Nov 24 06:49 UTC | HN request time: 0.462s | source
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drawkward ◴[06 Nov 24 15:33 UTC] No.42063854[source]▶
It's the economy, stupid:

-Inflation is not prices; it is the rate of change in prices. Low inflation doesn't imply low prices. -Aggregate statistics don't necessarily explain individual outcomes.

The Dems failed on this count massively, and have, for maybe the last 40 years, which is about the amount of time it took for my state to go from national bellwether (As goes Ohio, so goes the nation) to a reliably red state. This cost one of the most pro-union Senators (Sherrod Brown) his job.

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UncleOxidant ◴[06 Nov 24 18:23 UTC] No.42066822[source]▶
> The Dems failed on this count massively

What was their failure here? The failure to explain to the economically illiterate that while inflation is now about where it was prior to covid that prices won't be going down (unless there's some sort of major recession leading to deflation)?

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schmidtleonard ◴[06 Nov 24 18:25 UTC] No.42066848[source]▶
They failed to hammer home that Trump printed the goddamn money.

https://fred.stlouisfed.org/series/M2NS

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UncleOxidant ◴[06 Nov 24 18:27 UTC] No.42066895[source]▶
I'm not sure this would've helped. It require more than a 10 second attention span. Explaining inflation is a 120IQ problem whereas most campaigns are aiming at sub 100IQ communication.
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1. schmidtleonard ◴[06 Nov 24 18:32 UTC] No.42066994[source]▶
I'm sure that the idea was raised in Democratic campaign strategy meetings and likely rejected for exactly that reason, but I don't think the reasoning is correct. "Trump printed the money" isn't hard to understand. Hard to believe, perhaps, and I'm sure he would deny it, but it puts him on the defense and beats the hell out of a thundering silence that implicitly accepts his premise that Dems were responsible for inflation.
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2. onlyrealcuzzo ◴[06 Nov 24 19:46 UTC] No.42068199[source]▶
They couldn't blame Trump for printing the money because nearly all of them voted for the stimulus.

Blaming Trump for printing money when you voted on it, too, is a bad strategy.