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1796 points koolba | 1 comments | | HN request time: 0.322s | 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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JumpCrisscross ◴[] No.42066861[source]
> What was their failure here?

One, that last round of stimulus. Two, not agreeing to cutting spending when prices continued going up. Three, not massively greenlighting permitting around new energy and fossil fuels to bring energy prices into a deflationary stance. (Note: this is Monday-morning QB’ing from me.)

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kagakuninja ◴[] No.42068481[source]
The US is, right now, producing more crude oil than any other nation in the history of the world. Harris repeatedly stated that she would not ban fracking. And yet, we keep hearing this BS about how Biden / Harris needed to do something about fossil fuels.

Of course what we need to be doing is halting all burning of fossil fuels ASAP, but that would be a losing electoral strategy. Who cares about the looming climate disaster, we need cheap gas...

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1. vundercind ◴[] No.42068805[source]
The only actual issue there is that energy companies want a fire sale on perpetual resource rights on protected federal land they don’t already have access to.

The rest, and the part communicated to voters, is yet another fake issue. It’s exhausting.