Because people pissed at inflation are fucking stupid. Inflation is down. They aren’t pissed at greedy corporations, which have been the problem the entire fucking time.
People who rent got hit twice as hard by inflation, I know I’m paying a significantly higher portion of my paycheck in rent vs 4 years ago.
The raw material cost increases which provide the cover/excuse for price gouging are the result of two different things the Harris/Biden admin participated in and had no real path towards solving.
One is the fact that the vast majority of ocean shipping is going around Africa rather than the red sea, due to the ongoing genocide in Gaza that the Biden admin has been bypassing Congress to continue arming.
Two is the cutting off of Russian oil, which resulted in ballooning costs in Europe.
Like it or not, Harris did not provide any answers on these two fronts that looked anything like a change in policy.
Easy to say inflation is down while others are feeling it with their wallet. Biden did nothing to fight price gouging
I voted for Kamala, I’m under no illusion that Trump will motherfuck the economy just like he did in his previous administration. But the idiots that voted for him have the memory of a goldfish. They will still find a way to blame democrats and minorities…that’s when the real fun will begin.
It’s not enough that the rate of inflation is slowing. The problem is that wages aren’t going up to match inflation. When people are working two jobs and still living paycheck to paycheck, do you think it means anything to them to tell them that “um ackshually, inflation is down 0.4% from last year!”?
This kind of disconnect is exactly why we aren’t reaching voters.
Wages have outpaced inflation recently. Things have generally been heading in the right direction since the pandemic but it came too late and the masses are mostly ignorant or misinformed so the data is irrelevant to them. Its about how people feel as you point out, there’s not a rational argument against feelings, people feel how they feel. One side has become very good at taping into those feelings, the other side is talking about data and no one gives a shit unless the data validates what they feel.
California voted to not raise minimum wage, too.
Also they kept prison slave labor.
Come on now don’t bring up that in one of the “left most” and most populous state in the union that people are actually pretty non leftist, it might contradict some of their feel based arguments.
America is not full of progressives. I don’t know why people here can never be convinced otherwise.
You know you’ve heard people say inflation hasn’t stopped because prices are still high. Like they’re going to magically get better prices when inflation stops.
Yeah it’s stupid, welcome to America.
They think it’ll be like gas prices. They go up, but the “right guy” will make them come back down, ignoring the fact that that only happens with commodities like oil. Once a company raises prices, they rarely bring them back down. Tha6s called deflation, and it’s not good.
Well, we kind of need deflation to happen because the alternative is rising wages and that’s not fucking happening.
Actually they’re not wrong, wages were not increased to keep up with inflation so stopping it alone wasn’t enough.
https://fred.stlouisfed.org/series/LES1252881600Q#0 Real wages are up since Covid was dealt with. That’s simple factual reality.
The perception of course, is that everything is worse. Because prices did go up, and they’re staying there. Which just means the economy didn’t collapse and cause mass unemployment.
