It’s been about a year and a half since we’ve been right on the brink of a recession.
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someguy3@lemmy.ca 4 months ago
One thing: We’re not on the verge of a recession. The right wing media needs to make things up to attack and that was one of them. I couldn’t believe all that talk, nothing happened, nothing was about to happen, but they fear mongered for months.
frezik@midwest.social 4 months ago
ColeSloth@discuss.tchncs.de 4 months ago
Really? More people are living with parents much longer, pay hasn’t nearly increased with food and housing costs, fewer people are having children, interest rates shot up like 6% in a couple years, the average price of a new vehicle is now $51,000, since 2010 housing costs have shot up about 100%, debt has vastly increased, the wealth gap has straight up gone insane, and depression rates are climbing.
They’ve been putting up bandaid to try and hold it off, but the damn will collapse. The dollar menu didn’t turn into the $2.89 menu for nothing.
afraid_of_zombies@lemmy.world 4 months ago
Wait until next year when they win and put us on the gold standard plan 2025
popcap200@lemmy.ml 4 months ago
I personally 100% think we were on the brink of a recession and Biden dropping a trillion into the economy avoided it.
GreenPlasticSushiGrass@kbin.social 4 months ago
Biden should be talking up the soft landing every time he answers a question, imho. Uncle Joe saved us all a lot of pain with that.
Serinus@lemmy.world 4 months ago
It’s true, but it’s not a great talking point. Every time you say we’re in a good spot, you’re going to have voters who aren’t in a good spot. So then you have to couch it in talk about doing more.
You’re right in that it’s worthy of bragging about; it’s just a tricky subject.
popcap200@lemmy.ml 4 months ago
Yeah, plus everyone knows that inflation is up under Biden, which still feels bad.