Bidenomics Isn’t Working For Working People

[Afro]

Bidenomics Isn’t Working For Working People

Biden promised to build back better, but even as the economy recovers, workers are being left behind.

www.levernews.com

Along the same lines, economist Justin Wolfers recently told MSNBC that Americans feel negative about the economy because the conversation has been politicized, suggesting that people “tell themselves stories that are completely at odds with reality.”

The way to cut through the partisan noise, according to Wolfers, is to shift the economic conversation from the national to the personal level. Once the topic centers on people’s own household economic conditions, “all of a sudden there is this incredible optimism,” said Wolfers. In other words, just ask around.

The Census Bureau has been asking. Through its Household Pulse Survey, the agency has been tracking the socioeconomic impact of the pandemic and Americans’ recovery since April 2020. The data are wide-ranging, collected monthly, and disseminated in near real-time. A review of these surveys by The Lever reveals an ongoing humanitarian crisis.

Two of the survey’s longest-running questions concern financial hardship — people who reported that it was somewhat or very difficult to pay for basic household expenses in the last seven days — and food insecurity, tracking those who sometimes or often did not have enough to eat the week before. Data from the most recent survey period were released in late July.

For the first time under the Biden administration, food insecurity rates eclipsed 12 percent, marking a fourth consecutive month of increase. What’s more, average financial hardship and food insecurity rates this year exceed the previous three.

 

[Paper Boi]

capitalism doesnt work for working people period

 

[☑︎#VoteDemocrat]

Levernews is a Bernie bro anti-democrat run publication by David Sirota. It’s not real news.

 

[At30wecashout]

capitalism doesnt work for working people period

This. Im doing good right now (relatively speaking) and can only think about being better. If you arent in the investment class, you’re lifestyle isnt safe. Capitalism is a bozo ass construct that is killing people and planet for literally a few thousand people living currently to get their rocks off at everyone else's expense.

 

[Traveler]

capitalism doesnt work for working people period

Ok let's say that's true. What system is better and has produced better results? What system do you think we need 5 to change too? Serious questions.

 

[Afro]

Levernews is a Bernie bro anti-democrat run publication by David Sirota. It’s not real news.

Lever News posts articles critiquing both Democrats and Republicans.

They hold people to task.

 

[Afro]

Ok let's say that's true. What system is better and has produced better results? What system do you think we need 5 to change too? Serious questions.

Arguing which system is better is a tired discussion considering it would take the entire nation to be on board. Not happening.

You are not doing Socialism by yourself either.

Better question would be how does one survive then thrive in these economic conditions.

 

[☑︎#VoteDemocrat]

Lever News posts articles critiquing both Democrats and Republicans.

They hold people to task.

Biden is doing something and things are improving. Sirota is mad Bernie lost.

 

[Afro]

Biden is doing something and things are improving. Sirota is mad Bernie lost.

Just say you didn't read the article and keep it moving then

 

[Hacksaw Jim Thuggin]

capitalism doesnt work for working people period

i was coming in here to say this....

if you have made the decision where you will ONLY depend on a 9-5....you will always lose....this isnt designed for you to succeed....

you're in a prison without walls. the sooner you realize this and do something about it the better your life will be

 

[CrimsonTider]

capitalism doesnt work for working people period

This. Im doing good right now (relatively speaking) and can only think about being better. If you arent in the investment class, you’re lifestyle isnt safe. Capitalism is a bozo ass construct that is killing people and planet for literally a few thousand people living currently to get their rocks off at everyone else's expense.

i was coming in here to say this....

if you have made the decision where you will ONLY depend on a 9-5....you will always lose....this isnt designed for you to succeed....

you're in a prison without walls. the sooner you realize this and do something about it the better your life will be

Capitalism will always be the economic system we have to work within

I feel like convos about the ills of capitalism are largely pointless because it will never Be abolished

 

[Maximus Rex]

If you broke under Biden, look in the mirror

 

[KingTut]

“Bidenomics” is code word for late stage capitalism im guessing?

Because a president doesn’t have as much influence on the economy as most people think.

 

[Afro]

Capitalism will always be the economic system we have to work within

I feel like convos about the ills of capitalism are largely pointless because it will never Be abolished

I believe the argument is that people have little to no idea about the Cons of Capitalism, so folks end up being food out here (one income, leveraging debt wrong, etc.)

The more people understand that and educate themselves a little more vs walking around not thinking about it until they get laid off before the holidays.

 

[Morethan1]