General Discussion
In reply to the discussion: Pelosi Won. The Democratic Party Lost. [View all]DataDrivenFP
(10 posts)"A poll published December 3, 2024 by Navigator Research revealed that Trumps stance onand his ability to elevatethree key issues drastically swayed American voters at the ballot box. Those issues included inflation and the cost of living, immigration and the border, and jobs and the economy. Navigator Research surveyed 5,000 voters in the 2024 general election, some of whom self-reported as new Trump voters."
"U.S. voters seem to be more or less the only people in the world who believe that America has a bad economy. Other nations look at our performance with envy"
Krugman)
U.S. voters are right, and 'the economy' is booming, but they're left behind.
The dichotomy is merely who is viewing the economy.
For billionaires and multimillionaires, and even the top 5-10%, the US economy is pretty good.
For most other people, not so much. BLS removed 'long term unemployed>1yr' from U6 in 1994. If we add those back in, plus seriously underemployed, unemployment looks more like -ulp- 25%. Pretty grim.
Two different folks track this.
https://www.lisep.org/tru
https://www.shadowstats.com/alternate_data/unemployment-charts
That's #1.
Second,
The US has siphoned $50 TRILLION from the working class to the top 1%, since 1970.
https://time.com/5888024/50-trillion-income-inequality-america/
Even if ppl aren't aware of HOW it happened, or WHY it happened, it affects them, they're aware of something wrong, and this has led to epidemics in alcoholism, suicide, and drug use. (Case & Deaton)
tinyurl.com/NYT2020DeathsOfDespair
https://wapo.st/4gaS89S
"pointing to the underlying culprit behind all these trends: the corruption of the American economic system, which they argue looks more like a racket for redistributing upward than an engine of general prosperity. The skewing of wealth and income toward the richest Americans and educated elites over the past half-century aided by government policies and legislation has slowly eaten away at the foundations of working-class life, high wages and good jobs,
Pelosi, Schumer, Jeffries, Clyburn, the DNC, 'New Democrats', and similar groups have decided taking billionaire money is worth compromising on economic & other issues to please the donors. While the Dems in general are better than the R's, voters decided they wanted someone who promised to disrupt the system.
Leaders like this tend to be very good or very bad. https://bakadesuyo.com/2012/10/great-leaders-experience/