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Is There Hope? (cepr.net)
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[-] TheDemonBuer@lemmy.world 1 points 5 hours ago* (last edited 5 hours ago)

But a person's feelings about their economic and financial situation is not something that can be proven "wrong" empirically. If a person feels stressed about making rent, or frustrated about higher grocery prices, or pessimistic about their job prospects, there is no study or experiment you can conduct that can empirically prove those feelings or anxieties are "wrong."

It's not so much that people are claiming that the economic indicators are false or incorrect, because that is something that can be definitely disproven, it's that they don't feel great about the economy DESPITE the indicators being good, which means the economic indicators might not be very good at actually indicating how people are going to feel about the economy.

[-] PorradaVFR@lemmy.world 4 points 5 hours ago

Sure and I get it. I'm not on a yacht to be sure.

But how do you respond to a nebulous feeling? Biden took millions of loans off people's shoulders. Kamala was specifically citing lower tax bills and home loan support. The GOP will deliver no such relief.

I heard time and again the economy is stable - AND people are still struggling. Hell she pointed out high prices and corporate profiteering. It wasn't ignored.

That's where I slam into a wall. Opting for “likely way worse” when “ok but could be better” was on the table.

Some people just want to watch the world burn.

[-] TheDemonBuer@lemmy.world 2 points 5 hours ago

I don't know what messaging would have worked better, and I don't know why people chose Trump over Kamala. I don't believe Trump will make their situations better, in fact I think he likely will make them worse, but a majority of voters didn't see it that way. Again, I don't know why that is, other than at some point it became a popular idea that Trump was simply "better on the economy."

What I really, really want people to understand is that while I don't understand why people chose Trump that doesn't mean the economic anxieties that drove them to do it are not real. They are real, and their feelings about the economy should not be dismissed because they don't necessarily align with what the economic indicators seem to be telling us.

[-] PorradaVFR@lemmy.world 1 points 4 hours ago

Yeah man agreed.

this post was submitted on 07 Nov 2024
20 points (91.7% liked)

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