Economics - science, theories, programs, and policies

Thanks for clarifying this.

What strikes me when looking at that image are the years. Did they explain why they are comparing 2025 with that specific range of dates from 2023 and 2022? It would have made more sense to compare with opinions before the election in 2024 and have two sets of dates that matched timeframes after the first 100 days for the current and previous administrations. That’s 2024 and 2021 - not what they used here.

10 Likes

I can think of two reasons.

  1. They’re trying to match sample counts, not time ranges
  2. They’re trying to cook the numbers.
13 Likes

I’d go so far to say that corporate news sources blame Democrats for Republican economic crashes then chase squirrels during Democratic economic booms.

image

I specifically remember even MSNBC talking about job reports during the Biden admin saying things like “The US economy added 250,000 new jobs in April, more than doubling expectations, but economists warn that a recession is coming.” A recession that never happened - until T**** was in charge.

17 Likes

And even there, he really had to work hard to trash that booming Biden economy. But he did, and somehow blamed it on Biden. The MSM seems to be backing him in this, and his people believe it. So, there you have it.

14 Likes

Even during the Biden administration, and in the run up to the election, there were Democrats who didn’t believe that they’d delivered a booming economy. On one hand, if you’re struggling, I understand that it’s tough to hear that the economy is booming (without you). On the other hand, people forgot just how bad it was in 2020 and even in 2021 as the economy was recovering but not yet recovered. By 2024, people had jobs (often better ones than they had prior to the pandemic) and wage growth exceeded inflation 3.2% to 2.4%.

14 Likes

Yeah, your source of information really shapes how you see events like how the economy is going.

8 Likes

Here’s a link to the actual poll, including the questions, methodology, etc., if anyone is interested.

8 Likes

It’s such an obvious and extreme bias that I can’t bring myself to watch any of it.

8 Likes

Yeah, I haven’t watched any tv news since the election.

11 Likes

The Trump Economy sinks all boats.

13 Likes

Trump tariff turmoil hurting global smartphone market, but hitting US hardest

9 Likes
9 Likes

Toshiba realises it can build, power, and maintain datacenters – so builds a team to do it all

9 Likes

The oldest company in North America at 335 years old. Founded
2 May 1670.

Break it up. Saddle the debt on one entity. Company goes bankrupt.

Sorry about your pensions. They’re not sorry. This shit should be regulated.

19 Likes

That’s old. That’s too bad. There is one older company currently based in North America, but it was founded in the Ottoman Empire. The Zildjian Company. They make cymbals and other percussion instruments. They’re still owned by the Zildjian family, so, for the moment, they should be safe from private equity assholes.

16 Likes
11 Likes
9 Likes

Robert Reich and Lina Khan explain surveillance pricing:

7 Likes

Cat: If I had a hammer / I'd monetize the hammer / I'd monetize the hammer - all over this land / I'd rent to to the people who can't afford to buy a hammer / And if they damaged the hammer - I would charge them several times the retail value of the hammer / Then I would buy up all the hammers - and everyone would have to rent from me / Then I would sell my hammer business to private equity - who would pay themselves huge salaries to take the hammers apart / And sell the hammer heads to a smelter - and all the hammer handles to a company making children's salad servers / And then there wouldn't be ANY hammers / Which will really tank my new Smart-NailTM subscription service / (Cat considers his hammer) / Cat: Time to repossess some nails!

17 Likes

Trading Day: Dollar despair deepens

https://www.reuters.com/business/aerospace-defense/global-markets-trading-day-graphic-pix-2025-06-12/

With the dollar worth less people won’t be traveling. And things you buy will be doubly more expensive - what with tariffs and the lower dollar value.

So much winning.

14 Likes