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mnky9800n | on: Trump wins presidency for second time
More than that, I think there was a lot of democrat messaging that the economy is the greatest its ever been because of Biden. When I would say, it is because of Nvidia, haha. and what does that have to do with the price of milk or eggs for some random american?
llamaimperative | parent | next
Nvidia has literally nothing to do with record low unemployment.
torginus | root | parent | next
I'm pretty sure some guy who made it big on stocks now can afford to have his front deck renovated.
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FredPret | root | parent
If you replace “Nvidia” with the much broader “technology” then it is indeed the major reason the modern world economy is good.
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ryukoposting | parent | next
The fact that Tim Walz made it through a 90 minute debate without mentioning the CHIPS act a single goddamn time absolutely blows my mind.

Dems could try to explain why Trump's economic policy made the US economically brittle, leaving Biden no choice but to pay the piper to avoid a depression. You're not going to woo voters with that kind of narrative, though, even if it's the truth.

strix_varius | root | parent | next
Similarly, when the friendly The View hosts asked Harris what she would do differently from Biden, I assumed her team would have drilled that obvious talking point into her with flashcards.

My mind was blown when she said "There is not a thing that comes to mind in terms of — and I’ve been a part of most of the decisions that have had impact."

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light_hue_1 | root | parent
My parents who are extreme Democrats called me after that interview to say there's no hope and Trump will win. Harris never understood the obvious fact that Biden's approval ratings were terrible not because he is old, but because people don't like his policies.
15155 | root | parent
He's a knucklehead, remember?
mschuster91 | parent | next
Yeah, that's the core. Politicians love to claim "the economy is good!"... but if the people see it in their daily lives that almost none of that supposed "good" makes it into their pockets, there will be problems. People aren't stupid ffs.

Many people got raises after the inflation shock... but rent hikes ate that up, prices for food and staples didn't go down despite fuel/energy prices going low, and many people didn't get raises at all or (especially in the tech sector) got laid off entirely.

llamaimperative | root | parent
People literally are stupid. Inflation was a global phenomenon, clearly not “caused by” POTUS, and the US managed it far better than every peer.

The idea that if you don’t like inflation you should vote Trump is pretty much the definition of stupidity.

dalmo3 | root | parent | next
This is why the US is so great. You debase the dollar, the whole world suffers, and you can still claim "we've outperformed our peers". Fantastic.
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15155 | root | parent | next
The global inflation in question was a result of the COVID over-response. I imagine the indirect deaths from negative economic impacts far exceeded the 0.1% IFR COVID-19 peaked at.
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mschuster91 | root | parent | next
People are still feeling it in their wallet every time they go grocery shopping. The greatest mistake of the Biden era was to ignore the cost of living explosion and the uncontrolled greed.
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thajkn | root | parent
It was partly a global man made issue because every country (including the U.S.) printed COVID money like crazy.

It was the Supreme Court, staffed by Trump, who stopped the COVID madness with their vaccine mandate ruling.

The other issue is that Biden and his cronies Nuland, Blinken, Sullivan et al. deliberately escalated the Ukraine situation in 2021/2022, with the well known consequences. Note that Zelensky himself begged Biden not to be too aggressive at the Munich summit in early 2022! If I were Ukrainian, I'd loathe Biden.

The Biden administration mandated that their EU "allies" would participate in disastrous sanctions, which sent the EU into economic stagnation.

The U.S. is safe because it has natural gas and the reserve currency, which means they can print money more easily. It is not to Biden's credit that the U.S. economy is comparatively better.

I'd say that over 50% of Europe is very happy with the Trump victory, the EU press does not reflect public opinion.

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cranberryturkey | parent
you got it buddy, been in tech (silicon valley) for 25 years. I got laid off in August 2023 and the market sucked even back then. No recruiters reach out anymore. Back in 2022 it was twice a day or more.