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1796 points koolba | 2 comments | | HN request time: 0.443s | source
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drawkward ◴[] 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 ◴[] 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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ComplexSystems ◴[] No.42067493[source]
The failure is in this very common exchange

Average voter: I can't afford groceries at the store. Inflation sucks.

Response: Actually, here is the correct definition of "inflation." As you can see from the correct definition, inflation rates are now good! Hopefully this helps you understand why things will never get better.

What the average voter hears: I can't afford groceries. Your solution to this problem is to reframe the current situation as "good." I still can't afford groceries.

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crazygringo ◴[] No.42067909[source]
Where are you getting that "response" from? Here's a more accurate exchange:

Average voter: I can't afford groceries at the store. Inflation sucks.

Response: I know, inflation was caused by COVID and Biden got it back down. We had the best soft landing you could have asked for, Biden did a great job. But the original inflation wasn't under the president's control, it was a worldwide phenomenon, and you can't run it in reverse to go back to old prices.

What the average voter hears: I don't care about any of that. Prices were lower under Trump and he's a businessman, so I'll vote for him so prices go back down.

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EricDeb ◴[] No.42068034[source]
I think that argument might have worked better if there wasnt the impression Biden made it worse with covid relief/spending bills. Also Dems needed someone out there repeating their messages ad-nauseum and kamala was not a pete buttigieg type who will literally go on any show at any time.
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carom ◴[] No.42068304[source]
The stimulus money was insane, shutting down the economy was insane, forcing people to take a vaccine by threatening their jobs was insane. The democrats lost so much good will with so much of the population during COVID.
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1. Johnny555 ◴[] No.42068464[source]
Didn't most of that happen under Trump's administration?
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2. jcpham2 ◴[] No.42069454[source]
If you were a taxpaying American he even sent you an unnecessary letter. I still have mine, my job was required or whatever so I never missed work or needed the stimulus I just invested it.

Prices aren’t coming down