Originally posted by: Greg
Wow, Biden does have quite the impressive resume. I wonder why he has the lowest approval rate in history, dude sounds amazing?
I have seen a lot of polling on this very question. The short answer is because the general public is stupid. The long answer is the general public doesn't understand how inflation works. They believe in order for the economy to be good prices have to drop back down to pre-pandimic levels. Which brings us back to the general public being stupid. They are stupid because they don't understand basic econmic concepts. I guess economics is too woke to teach in school's nowadays.
Prices don't come back down after an inflationary period unless there is a deep recession or depression. What the general public perceives as an indicator of a good economy, prices dropping, is actually a harbinger that tough economic times are ahead.
I think the rubber will meet the road once people are reminded of how bad and Hoover like Trump's track record on the economy is.
