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1796 points koolba | 1 comments | | HN request time: 0.233s | 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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eweise ◴[] No.42067754[source]
The failure was keeping the economy locked down too long and sending checks to everyone in the world. My father in law that lives in Germany for the past 50 years, got a check from the US.
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pvaldes ◴[] No.42070571[source]
If he was paying taxes in US for 50 years while on Germany, it seems that he earned the check.
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1. eweise ◴[] No.42073466[source]
He didn't pay US taxes. Actually the more you earned, the less they gave.