• EvilBit@lemmy.world
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    3 days ago

    For what it’s worth, you can’t tell people their paychecks are getting bigger when they aren’t. Biden presided over a “great economy” but wages stagnated and buying power decreased. Trump is going to Strangelove-ride this economy into a pit so deep it’ll be hard to convince people that everything is roses.

    • AA5B@lemmy.world
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      2 days ago

      Yet this is all so politically driven.

      For example, there were many minimum wage hikes during Biden’s term, lifting the lowest wages. At the state level. In blue states. Politicians in the states that needed this most blocked both federal increases and those for their own states. How are those politicians not the ones getting the blame?

      As another example, legislation signed by Biden resulted in many additional business benefits in factories and trades. This would have created many new jobs, especially in some of the most low wage parts of the country. But not until the factories are built. And political changes where the government won’t follow through with its commitments means many of these will no longer be built. Why isn’t the administration stopping these new jobs getting the blame?

    • prole@lemmy.blahaj.zone
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      3 days ago

      TBF Trump did exactly this in his first term when he changed the withholding to make people think their taxes went down, when in reality they ended up paying the same or more when they filed.

      • EvilBit@lemmy.world
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        2 days ago

        Very true, but that only works on a small scale for a specific thing. This economy is about to crush almost all of us. There will be no denying it.

    • jonne@infosec.pub
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      3 days ago

      It’ll work for a while on some people, but yeah, eventually it’ll come crashing all down, especially if companies start using the fake figures into their future planning.

      • Mirshe@lemmy.world
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        2 days ago

        I’m pretty sure this is also why they want to annex Canada, Greenland, and Panama (maybe Mexico if they think they can get away with it). It’s the exact same strategy the Nazis used, and I’m not invoking that lightly: when their economy was absolute dogshit, the Nazis made it look WAY better by A) going to a war footing and B) invading other countries and stealing everything that wasn’t nailed down (then stealing everything else, including the nails.)