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US economy going strong under Biden – Americans don’t believe it
(www.theguardian.com)
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this post was submitted on 15 Sep 2023
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politics
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How does any of this lower my grocery bill? Or gas or rent or daycare? I just found out it will cost nearly $25,000 a year for my family's health insurance. How am I supposed to feel good about the economy when I hear that?
You're supposed to feel good about the health insurance profits which the ACA was supposed to be a major victory against but record-breaking profits continued anyway. Truly an economic triumph story.
Are we living in some planned economy where a single dictator can wave his magic hand and decree that things happen? Because that's what it sounds like you want.
Inflation was absolutely a problem, but the US saw lower overall inflation than most other countries and we reduced inflation faster than others. Last I checked the president didn't directly control the price of oil and milk and corn unlike what Fox News tells you.
If you want to complain about Healthcare costs, then where were you about a dozen years ago when the nation was debating Healthcare reform? The way I remember it, before the country started debating the issue all those people who just a few months ago were gung-ho on making big changes and wanted some kind of universal coverage, all of a sudden that support went quiet as folks started falling for the fear mongering by Republicans and the corporate propaganda by big business. Obamacare was the best comprise that could be negotiated at the time because the general public was too afraid of change. Even with that, Democrats have been negotiating with drug makers to reduce prescription drug prices, unlike what Republicans do which is always in the best interests of big business.
The headline reads "US economy going strong under Biden – Americans don’t believe it"
I agree that bidens power is limited but in that case he should stop trying to take so much credit while so many people suffer.