The RWNJ noise machine keeps telling people how bad things...

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    The RWNJ noise machine keeps telling people how bad things are.

    Here's the facts. Emphasis added. How's your 401(k) going ?

    "The economy hasn’t been this good in 50 years

    “The American middle class is seeing their economic standing improved. The strong wages and improving living standards are the main takeaway from this very strong jobs report,” Joe Brusuelas, chief economist for the accounting firm RSM US, told the Post Friday.

    That’s the good news.

    The bad news is a lot of people don’t know it, or they don’t feel it, or they believe some bullshit about the economy. It’s hard to say. The cumulative effort, however, is a majority that appears to believe we're in a recession, according to one poll, when the opposite is true. No one has seen a better economy in 50 years. Wages are outpacing inflation. I couldn’t have written that sentence even in the boom-boom nineties.

    This disconnect is bad for the incumbent. Don’t sugarcoat it. Joe Biden’s campaign isn’t. “Inside Biden’s orbit,” according to Politico this morning, “the fear is that there’s little new the administration can do to change the perceptions of a stubborn electorate that’s living through an economic upswing — yet simply refusing to believe it.”


    The economy hasn’t been this good in 50 years | Opinion (msn.com)



 
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