Joe Biden Has a Bidenomics Problem

[@business]

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[@Sjalabais]

Nice that this one is about policy, not culture wars.

[@jimbojimbo6873]

It’s always about culture wars

[@ssuwandi3240]

They thought Fascists could utilize multiculturalism to foster Fascists growth..

[@ssuwandi3240]

Imagine if policies could be set up like the Neocon would have hoped to moneruze from vassal Ukraine. Turned out we are not Ukraine😊

[@darkchocolate3390]

I wish we had more media coverage like that.

[@rickb06]

​@@ssuwandi3240uh, bruh, you're calling the wrong side the fascists, lol. Fascism has been a leftist pastime since it's inception.

[@Lando-kx6so]

Thank you for actually going out & speaking to regular people instead of gaslighting people like a bunch of these news outlets have

[@mashabrand8126]

Thank you so much 🙏

[@anonX9509]

sarcasm right? most of these leaders they interviewed are payed with public dollars

[@fabfrenchies1974]

Except they did by interviewing union leaders, and CEO.

[@Yes-Yes1]

The gaslighting was subtle in this one

[@wilsi473]

What about the housing crisis? Severely hurting Biden right now.

[@johnl.7754]

But only 34% of occupied housing units are occupied by renters….so if housing prices fall more will get angry. I don’t own a home so I wish prices would come down also.

[@jessefranckowiak]

@@johnl.7754 Just be patient lol

[@evilbred974]

Yeah, you're not wrong. Those things in some ways go hand in hand. Housing prices increase with the economy, like a natural anchor. There's alot to be done to improve housing affordability, and the Biden administration have lagged there.

[@VulcanLogic]

It may be, but he can't single handedly force developers to build the entry level affordable housing they haven't been building for the last 15 years, and those developers (who are themselves overwhelmingly republican and donate heavily to republicans) aren't going to change a thing. The scarcity benefits their bottom line. This would require landmark legislation that wouldn't ever see the floor in the GOP-led house.

[@doujinflip]

Homeowners are more consistent voters, and it’s in their interest to make sure housing prices keep rising.

[@spiceyfrenchtoast9421]

" The economy is doing great" says the state of the union speaker

[@doujinflip]

The economy is doing great, it’s the distribution of that greatness we’re not experiencing.

[@Emmy-J]

I say its great for the rich and not the average American

[@phukrnd840]

by every single measurable metric the economy is doing great. thats a fact.. prices are higher but its not inflation when the corporation 't have posted the largest profits they had ever made for two year straight even after taking the rise in operating costs into account...

[@comlain2513]

@@doujinflip cope

[@rriqueno]

It is doing great! Its a fact

[@zstrizzel]

Can we please stop pretending the Inflation Reduction Act reduced inflation? it's an insult to anyone who passed econ 101.

[@plutodestroyer12]

ehh democrat will try to convince you the sky is green and their supporters will nod in agreement.

[@doujinflip]

It’s really long term inflation they’re targeting. The only real power the government has to limit price hikes within an election cycle are dictated price controls.

[@kennethferland5579]

Pretending that it did not is an insult be looking at graphs. Inflation dropped after it's passage despite right-wing naysayers saying that inflation was casued by government spending and would get WORSE because of the Act. Being proven wrong though never changes the mind of rightwing hacks.

[@lowboyyy]

even b ! den said they probably shouldn't have called it that lol

[@triplediff]

Who cares? It's all about branding. Republicans have been great at it for decades, now the dems are finally catching up.

[@TheJRSvideos]

Every time Biden or some media outlet INSISTS the economy is doing great, I just can’t help but feel like we’re being gaslighted. Great for who, exactly? Young people like myself with decent jobs don’t have a prayer of ever owning a home, and trips to the grocery store have become painfully expensive. I actually made less money in 2019, but it *felt* like I was making more than I do now.

[@gerardanderson9665]

Doing great for the capitalist elite class

[@nunyuhbusiness9016]

​@@gerardanderson9665 which is weird because isnt that precisely who biden should be against? I remember back when the democratic party was the party of the little guy.

[@AshrakAhmed]

@@nunyuhbusiness9016 but go a bit further and Democrats were the party for the plantation owners in southern states! All Biden want's to do is win the upcoming election and to make it look like his economic plan is working he is mortgaging the future of the young generation! Well it's not like he will be around to see the consequence of this limitless spending spree!

[@thicpancakes4673]

@@nunyuhbusiness9016he def is but he can’t do much bc of the republican house and more importantly money in politics as a whole

[@nunyuhbusiness9016]

@@thicpancakes4673 I'm sure that if he really wanted to he could've done something.

[@frostmelody]

Inflation reduction act is a terrible name. It does exactly opposite to reducing inflation by pumping billions into the economy

[@AnthonyTolhurst-dw1nc]

Doublespeak

[@AlanG2526]

It does decrease inflation by creating jobs

[@gabrielbarrettbunnage]

@@AlanG2526 Economics MA here, inflation is often referred to as a phenomenon caused by too much money chasing too few goods; labour fluctuations are much shorter term in nature than that of capital, which is needed as a complementary input with labour in order to scale up growth equally. By pumping money into the economy (funded by debt, which will have to be repaid with interest in the future), we are producing more than is sustainable due to underlying factors like technology and population (known in economics as the steady state, long-tern level of production), causing inflation in the short term due to the buffer in capital production, so wages (from the new workers that are employed due to this exogenous government stimulus) are increasing faster than production. It's because of this that there is too much money chasing too few goods, so the IRA increases inflation, but does so with the aim of counteracting the negative growth shock caused by Covid-19 and ultimately growing out of the debt that it needs to pay back through expansion.

[@USA92]

​@@gabrielbarrettbunnageSays the guy invested in profiteering companies. I see you.

[@gabrielbarrettbunnage]

@@USA92 What does this mean USA92?

[@djp1234]

I wish voters were smarter in this country.

[@Aiuto-vk5tq]

Who could they vote for?

[@djp1234]

@@Aiuto-vk5tq Bernie Sanders

[@nf3rn047]

@@djp1234It's so over

[@zaitinmak5671]

You only have 2 options, Fail Option A & Fail Option B !

[@Drowzee64]

It would help if our news spent any time at all covering policy instead of spewing culture war nonsense ad nauseum. This video is a welcome exception.

[@sarahlachman1349]

Government Spending causes INFLATION!!!! This is economics 101! People don't care about jobs when they have 3! 1 for rent 1 for their bills and 1 for food.

[@sharpasacueball]

In addition to that, they also mention moving manufacturing to the United States through protectionism which sounds amazing until you realize why they moved out in the first place. Everything is going to so much more expensive and the burden will go directly to the consumers which means more inflation

[@phoenix5054]

Every spending causes inflation.

[@HeydenHarvey]

​@@sharpasacueball if they move back in then there will be more jobs for people to purchase consumer goods, although there might already be enough production for it to work

[@zdmc23]

Narration opens by discussing Northampton County (a purple county which has voted for the winner of all of the prev Pres elections since 2008), and then they proceed to film and interview almost exclusively in Lehigh County (solid blue Dem). 🤡

[@matthewgampp1643]

I thought using stats from 2008 was interesting. That's only Obama, Trump and Biden. I don't think that's very objective and long enough historical analysis to make a logical conclusion.

[@nomnom5868]

Really shows their bias.

[@totaletoto385]

Oh, did you notice? They were hoping you didn’t

[@itchyscientist0576]

Lehigh is narrowly blue, Allentown is the bluest at about 70%

[@Yes-Yes1]

Subtle right

[@kalebmanning4425]

We all have a Bidenomics problem.

[@nunyuhbusiness9016]

Yet some people will still vote for the guy. It's maddening.

[@elkillerx]

@@nunyuhbusiness9016 Unfortunately true.

[@PinoyBowlerGS92]

​​@@nunyuhbusiness9016 After the debate...there's no chance Biden is gonna win. Even if he said he's still in the race, his incoherent and nonsense speeches wouldn't save him, let alone his failed policies and leadership that brought America and the world to a mess.

[@antonioguglielmetti2661]

​@@elkillerxvery unfortunately

[@phox.2234]

This is literally an attempt to campaign for Biden 🤣🤣🤣

[@JacobAmoako-e6u]

Absolutely

[@albaniansforharris]

Dont be mad cause this is the truth

[@JustSomeDudeItWas]

​@@albaniansforharrislol Sure.

[@flexgado249]

Facts

[@bencheveryday]

"I think you have to give Biden 4 more yrs and itll show that it works." No campaign can run on that and succeed.

[@levismith7444]

If they do mass mailout voting again they can 😂

[@oldskoolmusicnostalgia]

Mind you, it worked wonders for Bush.

[@bencheveryday]

@@oldskoolmusicnostalgia what does that have to do with Biden's campaign

[@bencheveryday]

@@oldskoolmusicnostalgia crickets

[@mdog6726]

The level of stupidity of democrats is shocking though.

[@skywolf7717]

Yes if only voters would just vote blue for more inflation, higher prices, no border in the country they live in.

[@kv9016]

CRY HARDER🤣🤣

[@darklightprojector2688]

@@kv9016 tell that to the people who've fallen into poverty over these last nearly 4 years who can't afford rent or food. The only person who thinks Biden did well is a rich person, or a person the rich have duped into thinking it. And remember: the majority of corporations supports Biden😉

[@adimart2214]

Can we stop pretending like trumpflation didn't trickle down into Biden's presidency caused by Trump's bungling of the pandemic, shutting down the economy, causing a major supply chain issue and being the first to print gobs and gobs of money to send payments out to every person in the country. Believing Trump is not to blame is an insult to anyone who passed Econ 101.

[@adimart2214]

Can we stop pretending like Trumpflation caused by Trump's bungling of the pandemic, shutting down the economy, causing a major supply chain crisis and being the first to print gobs and gobs of money to send payments out to every person in the country, and expect the effects of all of that not to trickle down into Biden's administration. Believing Trump is not to blame is an insult to anyone who passed Econ 101.

[@skywolf7717]

@@kv9016 I don't need to. The liberals living in NY under Biden's America are doing all the crying for me. Fastest way to red pill a liberal is to give them what they ask for.

[@johnl.7754]

You can’t have both build in America programs (lots of government spending and less lower cost imports) and low inflation

[@RK-bx1by]

I think the notion is that inflation might be elevated, but that it won't be an issue if Bidenomic policies result in substantial wage growth as well.

[@SplyBox]

People wanted less globalization, Trump actually started that trend and Biden continued it, now we have to ride out the tough part and hope for the best, if wages can grow without triggering inflation we can hopefully have an actual middle class again

[@doujinflip]

Though it would take a fundamental shift against “pro-business” corporate culture, ensuring the growth of productivity they’ve been enjoying since the transistor hit the market gets shared with employees and public works instead of to shareholders and C-suite packages.

[@rickb06]

​@@SplyBoxride it out? We have been riding it out for the better part of two decades. We are tired, and it all got so much worse after COVID, groceries are up AT LEAST 25% since 2019, average car payments have EXPLODED to over $600/mo, rent is now $2200/mo on average and so much more. Right now is not the time to start trying ANYTHING NEW, Americans need to be given at least a decade to stabilize, we've already suffered enough, we're talking about a civil war if things don't immediately improve.

[@SplyBox]

@@doujinflip An economy based on endless growth is always going to collapse

[@anb4351]

Housing and rent crisis, Housing and rent crisis, Housing and rent crisis. Food, fuel, groceries are actually not much of a problem., Yes they are expensive but compared to Rent and Housing prices they are not much of a problem. Rent is unaffordable in most of the big cities

[@EricHansen-fr3cz]

100% Everything is expensive ! A stick of " Gum" is 5 bucks now ...

[@shawnsdrumcave]

It's across the board and all ads to the cost of living. Which is unaffordable for lots of Americans... But Biden's patting himself on that back eating ice cream.

[@kingace6186]

It's called corporate greed. Thank you for finally waking up.

[@Soundsofthewood]

Well everything is a reason behind that. Fuel, food, materials, labor, etc. Have all contributed to the prices of rent going up, as well houses. Yeah we had a corporate buy out in 2020 - 2023. That jacked the market around and ballooned to a point of insanity. Trying to compete in that market meant that we needed more houses and apartments. Well they now cost triple to build and thus owning and renting goes up as well. Yeah it's greed and are incompetent government doing that caused this.

[@EricHansen-fr3cz]

@@Soundsofthewood And who has been in charge the past 4 yrs ?????

[@jessicah3450]

I got a 2% raise at Target this year, last year it was 3%. That's a higher raise than most of my coworkers, yet laughable compared to the increase in prices. It looks like all the help goes to the people already working well paying jobs.

[@supraondueces]

"That doesn't sound like a recession to me"- Biden

[@MrBezyBez]

I was so proud to hit 6 figures. Then I realized that you need closer to 200k a year due to inflation.

[@jessicah3450]

To do what? The average American still earns around $45k per year. You're rich.

[@Inshallahsiuuuu]

@@jessicah3450depends where you live. 45k in an lcol city is the same as 200k in an hcol city

[@Chapulinbailador]

Vote Republican

[@What-go8ng]

1:25 except for 2020 of course, where Trump won 18 of 19 historical bellweather counties, but lost, which has occurred 0 times since 1984

[@CommonCentsRob]

Yeah, interesting isn't it? 🤔

[@shawnsdrumcave]

Shush... people can't handle the truth

[@grumpymonkeyenterprises6413]

But bellweather counties can lose that status due to demographic or political preference over time. Notice how it starts at 1984? The stats on how people vote don’t usually stay the same after 3 decades. People die or move. Also why would this shadow government let trump win in 2016 if they could’ve just rigged it? Please show me any source that proves the election of 2020 was rigged. Other then from overlord trump and his homies. Maybe like someone who wouldn’t benefit from that “truth” actually being real.

[@valtonen77]

yeah its crazy how voting works. One side gets more votes and the other side cries about it for 3 years and tries to stop transfer of power in poor attempt.

[@grumpymonkeyenterprises6413]

U do know those bell weather counties change over time ? People die and move. Those stats start in 1984, the demographics have changed my conspiracy theory friend. Keep grasping for anything

[@sionbarzad5371]

Only the rich are doing well in this ''new'' economy.

[@plutodestroyer12]

the guy said “obviously the economy is doing great but not everyone feels it”. what does that even mean………..

[@KingMikolaj]

definitely. I think its starting to hit a tipping point post covid under biden where people are struggling to afford food and housing. This trend has been happening since the 70's and covid just amplified it. I don't think it is Biden's policies that caused it though. I hope he isn't the one blamed for it. It doesn't help that the news keeps saying the economy is doing great when it only does well for top earners with assets and high incomes in "high skilled" jobs. People who can't afford groceries or find a job feel gaslighted.

[@whitehavencpu6813]

@@plutodestroyer12 It means he's disconnected, he's the few rich people that benefited from Bidenomics.

[@PatrickRyan150]

Most of the infrastructure funds went to woke causes like inclusion initiatives in foreign countries.

[@Maxwell1989]

You should do one on south Carolina fastest growing state in the country

[@AmAmMonster123]

South Carolina is also tending to go Republican, as most people in the state, while happy about the reinvigoration of the economy, are a bit hostile to large scale change.

[@yatarookayama8329]

Florida is the fastest growing state !

[@ssuwandi3240]

Florida hands down

[@Maxwell1989]

@@ssuwandi3240 no South Carolina's the fastest growing state in the country since last year

[@Maxwell1989]

@@ssuwandi3240 I lived in Florida for 7 years now I'm on the big island since 2007 I can't wait to move to Myrtle Beach

[@ThompterSHunson]

Not to burst the stars & stripes bubble y'all live in but the whole world has the same problems. And sadly, in this kind of time, populists like Trump are benefiting.

[@samuela-aegisdottir]

Inflation was caused by Covid and the War in Ukraine, it has happened everywhere in the world, so I don't understand why so many Americans think it was Biden's fault.

[@justinr9753]

Have you ever thought?

[@conmanl4959]

Sadly?

[@bigz4302]

It costs over 1,000$ for me to provide food for my family. Under Trump, it was about 600. This is why biden is losing

[@nunyuhbusiness9016]

Same. Under trump I could afford a home, new car, gas, groceries, and bills. Heck I was on my way to being lower middle class. Now that's all gone.

[@elkillerx]

True. Everything is much more expensive now. Before Biden, I was planning on buying my first home. Unfortunately I've had to put that aside for now.. Housing has gone up so much and interest rates are still very high. Sadly, I think it's still going to be much longer before we see any sort of relief.

[@nunyuhbusiness9016]

@@elkillerx it's crazy how bad things can get in just a few years.

[@lowboyyy]

yeah well,coming out of a pandemic probably isn't the best time to throw people in the poor house

[@theohughes7170]

The American People should file a CLASS ACTION LAWSUIT for what we've LOST

[@Phlegethon]

No more Biden please

[@kingace6186]

4 MORE YEARS!💙

[@levismith7444]

@@kingace6186sleepy joe 2024 😂😂

[@nunyuhbusiness9016]

​@@kingace6186 dude we can't afford it.

[@V555Vendetta]

We need rfk

[@Ese_osa]

When I go to the supermarket I scream

[@glennv3176]

A car that was $30.000 in 2019 is $45.000 today

[@samuela-aegisdottir]

Inflation was caused by Covid and the Russian invasion in Ukraine, prices has risen everywhere in the world.

[@o.x.p]

I bought a Honda CR-V in 2019 for $26k. A CR-V in the same trim from the same dealer is $35k today. A 34.6% increase. No doubt there are other models or other markets that have experienced 50% inflation (30k to 45k) in that same time though.

[@RAtheGoodRailfanner_888]

We need them. Trump is also worst than it.

[@DailyFunnyVideos-18012]

inflation just rose by 0.4%. so much for the inflation reduction act.

[@MasterTSayge]

Summer 2022 is when I lost my job that I had for 18 years. Couldn't find a steady job since f plus my savings are gone. Biden is the worst. I'm not supporting Harris.

[@JoJo-ie8sl]

Those are great policies but if you can't afford rent or groceries youre not interested in manufacturing growth in another state

[@sa4769]

Great reporting, just normal people having adult conversations about important subjects, no drama

[@ace41367]

I’m independent, but this looked like an add. Where is balanced coverage 😢

[@codeman3639]

Remind me, who owns Bloomberg again? What narrative are they driving with this video? What are Michaels plans guys?

[@ophs1980]

Can someone name what the money from the Infrastructure, Clean energy, Inflation reduction or Chips Acts has been spent on? There doesn't appear to be anything being built or repaired and the cost of things is still going up.

[@user-iy3gx9qg4y]

there's tonnes of coverage on youtube of new stuff being built with that money. seriously, you people are just ignorant.

[@even1313]

@@user-iy3gx9qg4y I don't need new things built when the roads around where I live are so bad I'm scared to drive on them. Every day I worry about hitting a pothole wrong and damaging my car which means I have to take time off from work to get it fixed. I don't live anywhere near public transportation so that isn't an option.

[@microwaves25]

Ignorant commnt. Just do a very basic search and you'll find a bunch of infrastructure projects funded by Biden plan.

[@SumTingWong888]

Did you just crawl out under a rock?

[@kingace6186]

You blind? Or willfully ignorant. Even Bloomberg has done a video on that execution of the IRA.

[@cyrusmorales4880]

7:16 The narrator speaks about how "...more people working in manufacturing in the Lehigh Valley under Biden..." which is true but the same graph literally shows more growth under Trump's presidency.

[@trulyvvlx]

Are we looking at the same graph? Under Trump it shows a peak of 40k, while under Biden 42k. Not to mention one Admin had to take control during a pandemic.

[@cyrusmorales4880]

There may have been a profund difference in Trump's numbers vs Biden's numbers if the pandemic did not happen. That sharp dip in 2020 is due to the pandemic. Normalcy has returned under our current presidency, but growth here stopped happening since 2022 and there is not much more time for any significant growth to happen.

[@CP-pg5mg]

@@cyrusmorales4880 "Normalcy"

[@whitehavencpu6813]

@@trulyvvlx he said growth, not peak.

[@whitehavencpu6813]

@@trulyvvlx the growth under Trump went from ~36K to 40K in 3 years, despite it being stagnating at around 34K-35K under Obama for 8 years. While Biden only managed to grow the peak to 42K from 40K. Trump doubled growth compared to Biden.

[@nathangamble125]

The economy is growing, but not all parts of society are benefitting.

[@kittyt186]

As a resident, I can tell you I'd be absolutely shocked if Trump doesn't win Northampton County by at least 5 points - the disgust and distaste of Biden and his complete veering away from sane politics in the last 2 years has been palpable.

[@samuelross9884]

Where is northhampton county?

[@kittyt186]

@@samuelross9884 It's the county they talk about and interview people in this video...Eastern PA

[@samuelross9884]

@@kittyt186 PA, hmm .... ? I hope the people there are sensible and vote for prosperity and peace. We've had little of each these last few years.

[@Henriquealexps]

Was this and ad for Biden?

[@lizbethy3214]

Bidenomics aka marxistnomics, Obamanationnomics, gameovernomics, 6uild6ack6etternomics, what do you prefer your right hand or your foreheadnomics?, Revelation 13nomics!!!!!!!

[@NATESINTERACTIVEAUTO]

I thought this would be honest, but typical. Have a great day.

[@franciscogomes9844]

I think she's the prettiest journalist I've ever seen, couldn't even focus on the subject

[@niks966]

Bidenomics and Bad-enomics...

[@Gocubsgo1958]

I am a senoir living on social security i am am not getting enough money ..why is social security not raised to keep up with inflation ..my social security is lower than the poverty level .this is outrageous

[@mikedavis6266]

Because congressional Reprubl9cans block adequate increases.

[@yourmother211]

Do you really think trump would do anything to improve social security?

[@cherokeevolfusa2891]

​@@yourmother211That's not what they asked.

[@nunyuhbusiness9016]

Social security was never meant to be lived off of. It was meant to be combined with a 401k/Ira and pension.

[@Amite-zg2ob]

Last 3 years "Median Household income" is actually Negative -3% St Louis Federal Reserve 4 more years

[@jayceh]

American manufacturing renaissance = massive inflation

[@samuelross9884]

People are working harder than ever, and can't afford to buy a house; rent takes 40% of income, shopping for food cleans out their wallets. That's the current economic situation.

[@valtonen77]

yeah its wild what can happen when regulations dont exist and big corporations can be as greedy as they want.

[@samuelross9884]

@@valtonen77 What does that have to do with the price of tea in China?

[@valtonen77]

@@samuelross9884 What does that have to do with anything you said originally?

[@mr.buzaid9130]

Unemployment rate is 9% and not 3.8%

[@mlgpro2241]

it's 3.8%

[@theforeskinsnatcher373]

source?

[@CashFlowNegative]

So they just want to subsidize inefficient production? 😂

[@valtonen77]

Isnt that how it goes always? Or would you want to starve to death because farming isnt profitable?

[@ryanyoder7573]

The economy is not working for the American worker.

[@cherokeevolfusa2891]

This is what the numbersexuals in DC ignore. Young people can't afford to have families until much later. People's rent has increased dramatically in the past few years. Grocery shopping is literal pain. Many people are working two jobs to survive. The average house earned more than the average worker in the past few years. Sure, the wealthy are doing absolutely great right now, but everyone else is feeling the pain.

[@V555Vendetta]

@@cherokeevolfusa2891this is one thing conservatives misinterpret and liberals just ignore People are raging against the machine they know something is wrong but they can’t point at the economy as a system yet as the problem in itself, used as an altar to sacrifice the working class. Just like China

[@dex624]

Hey Bloomberg, I really like how you put this segment together. Thanks for sharing a little about the Lehigh Valley!

[@thehonorablejiveturkeyspoo6370]

Posperity for all should represent the American way, not who's President

[@letsgobrandon416]

Politicians haven't cared about American prosperity since they figured out they can make millions in bribes selling American assets to foreign countries and direct foreign aid. Everyone who makes it into congress becomes a multimillionaire on a $135k salary. We the people are just in the way of their cash cow.

[@ogbillity]

Biden does not set prices for groceries. Nobody is talking about corporate greed.

[@comlain2513]

LOL cope

[@Pastaluver_]

@@comlain2513 you probably think the president sets gas prices

[@JeikuAnimeReview]

​@@Pastaluver_ You probably think economic policy has no impact on the economy.

[@Pastaluver_]

@@JeikuAnimeReview true but…. At the end of the day the POTUS doesn’t set gas prices there are more factors that go into the price of gas then the president

[@JeikuAnimeReview]

@@Pastaluver_ If your economic policy is "let's buy more energy/oil from foreign adversaries and reduce energy independence" then as a President you very well do cause gas prices to go up. The man blew through most of our military reserves as well to make it "cheaper" in an attempt to bump his poll numbers...

[@JL13675]

I've never seen inflation this bad.

[@corefishing4858]

What's frightening is being s millionaire today means your just middle class..so sad.

[@AluminumOxide]

This one of countless reasons why I’m voting for RFK Jr

[@Twizz993]

Preach homie. Tired of all the BS from both sides. Clearly we're drowning in a swamp designed to milk every last dollar from the average person and float it to the rich, with all the politicans bought and paid for to create a fake culture war to distract us from real problems. It's all a sick joke and anyone who doesn't see it is clueless.

[@death363]

I see who Bloomberg is voting for this November.

[@anonX9509]

very nice piece of democrat propaganda

[@muddymo7641]

I've never seen a big biden flag. Never

[@UndertakerFromWWE]

No one should be obsessed with old men and flying their flags around…

[@notgoneconform]

Wait until you travel the country on the regular and only come across one person that actually supported Biden

[@001sander2]

Because he's not trying to be a cult leader

[@B86432]

They don't exist his base doesn't even like him 250 people show up to his rallies

[@muddymo7641]

@@B86432 but clintom and obammer showed. Crook contest

[@andrew3939]

Great video and a strong, balanced piece of journalism where real people's opinions are front-and-centre. Well done, Bloomberg.

[@stevenw3988]

If you like ads for Biden lol

[@googons]

"People saypeople feel that they hqve a hard time but they are wrong" With the price of gas this has to be some expensive gaslighting😂

[@danielcaceres9971]

Because a job does not guarantee quality of life. People need better public services

[@michaelcullen6923]

Enough is enough. Let PA and the other Yankee rust states do it on their own. The South is doing better and can do much better without this rusted albatross of the North around our necks.

[@nunyuhbusiness9016]

Like an old friend used to say: "Lawdy Lawdy the south shall rise again!"

[@alexanderclaylavin]

Traditional raw materials and commodities are not America's future. value added manufacturing on the German model--that's the ticket.

[@Milton_Friedmanite]

Sure, just leave out the two main facts that jobs are returning from the response to COVID and government spending has extended the length of the level of inflation we have.

[@DaveNalder-dk4md]

Down with Bidenomics.

[@nicholasking7120]

Dude put his NAME on the horrendous economy package 😂😂😂

[@vatefairefoutre0]

can't just focus on the consumer and jobs economy... time to focus more on the reality we are all burdened with... being locked out of the ASSET economy. housing, housing, housing. PERIOD. until our leadership seriously addresses this... many will not be happy with our "economy" unless you somehow double everyone's wages and keep housing the same as it is. why do they never bring this up in pieces like this??? the rents are insane compared to wages in my area, and housing is something I barely even consider. are we living in crazyville? lol

[@djtomoy]

People are always moaning that everything is too expensive, that’s life y’all, you want a ham sandwich- it’s expensive, you want a fridge freezer- that’s expensive, you want a private yacht with a helipad and a satellite dish- that’s expensive too.

[@x035]

Seems like propoganda for Biden

[@mack-uv6gn]

Americans love to complain

[@B86432]

When every statistic is worse

[@theheadphonea-hole4133]

K. Everything is like triple under Biden. Are you living underwater?

[@mack-uv6gn]

@@B86432 you again 🤦🏻‍♂️

[@BigWinonslot]

Liberals loves to complain

[@njpme]

The squeaky wheel gets the grease

[@midwestron8576]

Joe has a lot of problems. Joe has created nearly all of these problems, not for himself, but for "We, the People."

[@ryanm5392]

Akayla on the big screen! Congratulations on a spectacular presentation. Love from High School classmate😁

[@jasoneg3]

Thank goodness this is objective, hard-hitting journalism and not just, you know, like an ad for Biden and how great things are. Otherwise, we'd be in real trouble. Thanks, Bloom!, for this hard-hitting, tough reporting full of facts and opposing opinions on Biden. Restores my faith in journalism!

[@avradio0b]

For real. It's very difficult to learn anything about the economy when things are so politicized. Fox news says immigration hurts the economy, MSNBC says immigration helps it. Maybe the truth is somewhere in between, maybe one side is right, or maybe everyone is wrong.

[@act4change_co]

The Feds aggressive campaign against inflation has harmed exports since the USD is strong compared to other currencies. At the same time, it has hampered domestic demand for items due to higher borrowing costs. We have consumer goods and grocery chains keeping prices high. Homeowners are reluctant to trade homes for a higher mortgage rate which increases home prices, motivating builders to increase new construction. It will likely be another 6 years until the benefits of CHIPS and IRA Acts is broadly felt. At that time, some other administration will receive the tail winds and of it and try to claim responsibility.

[@advancetotabletop5328]

Low unemployment? Want fries with that? And slowing inflation does NOT mean the lower prices back at the grocery store!

[@timhammond1244]

Contributors and guests on bloomberg do not believe prices will come back down due to corporate strategies and competition for margins. Most corporations see that consumers are tolerating higher prices and they do not want to get smoked by competing brands by lowering their prices. Not sure if Biden or Trump would actually tell CEOs they have to lose money to make Americans feel less anxious. No one wants to be anti-business or anti-wall street.

[@PelosiStockPortfolio]

Deflation is what causes lower prices. Deflation also crashes entire economies like in 2008. You might think you want deflation, but you dont

[@doujinflip]

Right, deflation means nobody wants to buy, including on what _you_ want money for.

[@kennethferland5579]

Are you seriously saying that their needs to be deflation back to pre pandemic price levels to be satisfied? No government on Earth could have done that.

[@24killsequalMOAB]

@@PelosiStockPortfolio Deflation didn't cause 08, Banks knowing that the Fed would bail them out did.

[@rolandnelson6722]

It’s the beauty of democracy. In a democracy and each gets one vote. In capitalism you get one vote for every dollar. Most people aren’t captured in economic statistics, these people are recorded on Election Day.

[@doujinflip]

Which is why we need to as much as possible divorce the effect of money on politics.

[@rolandnelson6722]

@@doujinflip absolutely! Money has got enough of its own power in capitalism.

[@phukrnd840]

ya the only people who should be allowed to vote are the rich....

[@aprilkenock9367]

Prices up, wages down, I used to smile, but now I frown....who you gonna blame? JOE BIDEN!! Who you gonna blame? JOE BIDEN!!

[@joealonzo536]

The key to knowing the state of the economy. Question: Can I afford in the Biden administration what I could afford in the last administration? And the answer is: NO, you cannot. Question: Is the 125% price increase of everything I need to buy and pay equal to the 17% salary increase I got; the answer is: NO, it is not. Question Analysis: Is the Biden administration taking money from doctors, school principals, Engineers, factory workers and transferring that money to the Billionaires “by ways of price increase”. The answer is YES.

[@gabrielbarrettbunnage]

Economics MA degree here. Inflation as a whole is correlated with potential for price gauging and underlying wealth structures tends to exacerbate this into transferring wealth predominantly to those who own the productive (i.e. profitable) assets, being those who already own assets elsewhere. As a result, wealth accumulation tends to concentrate, as those who already own capital accumulate the most capital from its expansion. It's exceptionally unlikely the dynamics of wealth accumulation have been meaningfully impacted due to policies under the Biden administration, insofar as they differ from preceding administrations, rather the wider economic cycle, as we rebound from a recessive period, leading to Kenyesian fiscal stimulus, as well as a global wave of industrial policy, as we experience 'decoupling'/'reshoring'/'deglobalisation', merely serve to exacerbate these underlying mechanics of capital accumulation, continuing on from the Trump administration's similar ethos.

[@rolandnelson6722]

Bob Dylan would disagree that people need to wait for the advertising to know which way the wind blows.

[@TheCoolsparks]

Why only focus in one area and conclude that Bidenomics is problematic

[@andrp411]

Let’s go Brandon!

[@Milton_Friedmanite]

I love how you’re conflating Biden’s policies with the manufacturing worker trend in Lehigh and ignoring how that was the projection pre-COVID which severely increases since Trump came in. (Not a Trump supporter btw…)

[@kelloxx]

id buy that documentary too if i was joe biden

[@hackedbyBLAGH]

Its true i bought some ingredients to make hamburgers at home to save money. Cost me $50

[@hackedbyBLAGH]

Just for some basic ingredients

[@RK-bx1by]

Did you buy them from Whole Foods lol?

[@brickedmemorandum]

@@RK-bx1by Even Whole Foods wouldn't be that expensive unless he is counting literally everything (salt, seasonings, etc.), in which case, those should last you months.

[@SuperBadwilly]

This economy sucks so bad its not funny.

[@m.v185]

Who needs affordable food when you can have bike lanes

[@ImpreccablePony]

Are those mutually exclusionary?

[@m.v185]

@@ImpreccablePony all i know is we cant afford food, but we have nice bike lanes

[@ImpreccablePony]

@@m.v185 Pretty sure bike lane funding cannot go to welfare. Waaaaaait a minute. But Trump is even more anti-welfare than Biden. How voting for Trump will make you afford food anyway?

[@lesliewubbel9157]

This is near my hometown!

[@phukrnd840]

sorry

[@themodernboomer1300]

TRUMP 2024

[@PatrickRyan150]

I haven't seen any infrastructure projects in my city. Bridges are closed instead of being repaired. Where did the funds go?

[@voldem0rt]

Propaganda

[@TheNecessaryEvil]

If only everything we warned you would happen in the last election hadn’t all happened. Oh but it did. And you voted for it. Enjoy never being able to afford a house. Thanks, Joe!

[@wanderingfido]

Is this video using sarcasm to try and be a parody of a defunct organization? Or is this just AI-generated gaslighting? I'm confused.

[@kingstonstreet3726]

This problem started way before pandemic when they were playing politics with tariffs for soy,corn,etc . I don’t think either one is better than the other they both only looks for themselves and their friends best interests not public interest.

[@firstlast8258]

Unless it's voting time 🤓 🖕

[@travishite3950]

I’m sorry but infrastructure is not enough for me to feel like my life was materially changed by Biden