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Trump wins presidency for second time

(thehill.com)
1796 points koolba | 3 comments | 06 Nov 24 06:49 UTC | HN request time: 1.132s | 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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1. rqtwteye ◴[06 Nov 24 19:37 UTC] No.42068042[source]▶
“ economically illiterate ”

You got your explanation here. Arrogance and dismissiveness of voters.

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2. purplethinking ◴[07 Nov 24 07:33 UTC] No.42074430[source]▶
The left is way more economically illiterate than the right. Price ceilings, unrealized capital gains taxes, more "socialism" in general is not good economic policy.
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3. rqtwteye ◴[08 Nov 24 02:19 UTC] No.42083468[source]▶
I would argue both US parties have given up on serious economics.