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1796 points koolba | 1 comments | | HN request time: 0.204s | 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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ironman1478 ◴[] No.42067895[source]
I think that's the wrong way of thinking about it. The prices of goods are high, people hate it and want it fixed. What plans do the Dems have for actually addressing the high prices? They can say this instead: "I know things are expensive now, here is how I will do X, Y, Z to fix it". It could be saying they'll raise the minimum wage to reduce the effects of the inflation, provide some sort of tax break, straight up give people money, or something (I know that the ideas I proposed aren't necessarily good. Inducing demand is bad, etc, etc). What doesn't win is telling people why we got to where we are and what does win is telling people what you're gonna do about it. Trump does that, even if it's all lies or based on bad information and that gets people excited. Are the tariffs gonna be bad? Most likely, but hey it's doing something and to most people, that is enough for them since there is a lot of nothing happening.
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quonn ◴[] No.42068674[source]
Wouldn't that just be lying to people?

Most of the measures you suggested, especially straight up give people money will just increase inflation further.

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1. ◴[] No.42068822[source]