US Presidential Election, Nov 5th 2024

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When a big mac meal is 3 dollars and and a lettuce or cucumber is close to 5 dollars, it is very difficult to compare things on a consumer index basis.
Where are you shopping that has lettuce or cucumber for $5?

Maine, where I live, has some of the higher produce prices in the US, particularly in my area, and I just checked out local market (via online order app) and a head of lettuce is currently $2.29 and a single cucumber is $0.99 (seedless is $1.99, organic is $2.69).

Beyond that inflation happened everywhere, was in no way down to just Biden, and Trump contributed to them with his astoundingly bad fiscal and economic policies, as well. But even factoring that in, neither had that much to do with the spike in inflation relative to other factors outside of their control.

What was in their control was policies that could help (though not singularly cause) inflation to cool. And Inflation has actually gotten back down in relative control under Biden, after he inherited it rising at a breakneck pace.

And the US economy arguable the strongest of any western nation after the pandemic—I would say by far by most measures. Some of that is down to competent handling of what was a broader economic crisis by the Biden/Harris administration, effecting positive change in the limited ways it could.

Once more, nearly all of Trump’s proposed economic policies for his second term range from very poorly considered to batshite crazy to absolutely catastrophic. Much of his first term, especially his tax policy, was that way, as well (which contributed to the crisis during/after the pandemic). And that is not just me asserting that—numerous Nobel prize winning and very respected economists have come out and said it, whilst imploring people not to vote for Trump who would try to enact them.

Please, please, as a trained economist, I beg everyone not to fall for these false narratives about the economy (both how it works and its past and current state) or how the president can effect it.

We desperately need better education in personal finance, general economics, and government and policy, both in the US and UK. These narratives are absolutely skewing people’s perception of reality (and what is possible for presidents to actually do to change it) and it is leading to really poor comprehension of when people are voting against their own interests and wellbeing (and/or the interests and wellbeing of their communities).
 
"Trump isn't the new Adolf Hitler" Piers Morgan.

Maybe not but some of those who work with him and support him would like him to be.
Probably best to be safe than sorry?
 
Where are you shopping that has lettuce or cucumber for $5?

Maine, where I live, has some of the higher produce prices in the US, particularly in my area, and I just checked out local market (via online order app) and a head of lettuce is currently $2.29 and a single cucumber is $0.99 (seedless is $1.99, organic is $2.69).

Beyond that inflation happened everywhere, was in no way down to just Biden, and Trump contributed to them with his astoundingly bad fiscal and economic policies, as well. But even factoring that in, neither had that much to do with the spike in inflation relative to other factors outside of their control.

What was in their control was policies that could help (though not singularly cause) inflation to cool. And Inflation has actually gotten back down in relative control under Biden, after he inherited it rising at a breakneck pace.

And the US economy arguable the strongest of any western nation after the pandemic—I would say by far by most measures. Some of that is down to competent handling of what was a broader economic crisis by the Biden/Harris administration, effecting positive change in the limited ways it could.

Once more, nearly all of Trump’s proposed economic policies for his second term range from very poorly considered to batshite crazy to absolutely catastrophic. Much of his first term, especially his tax policy, was that way, as well (which contributed to the crisis during/after the pandemic). And that is not just me asserting that—numerous Nobel prize winning and very respected economists have come out and said it, whilst imploring people not to vote for Trump who would try to enact them.

Please, please, as a trained economist, I beg everyone not to fall for these false narratives about the economy (both how it works and its past and current state) or how the president can effect it.

We desperately need better education in personal finance, general economics, and government and policy, both in the US and UK. These narratives are absolutely skewing people’s perception of reality (and what is possible for presidents to actually do to change it) and it is leading to really poor comprehension of when people are voting against their own interests and wellbeing (and/or the interests and wellbeing of their communities).
If your judgement was really sound then you (and j-lo) would have warned us about Diddy.
 


The American system is so much better imo because it keeps you engaged throughout the whole process of the states coming in.

With the UK one you can turn the news on at 10pm and switch it off again a minute later. The exit polls for General Elections are so accurate now that unless there's a very tight contest you know straight away who's won. There's no point listening or watching anymore because ultimately you'll know the result. The UK election nights are a total bore because of those wretched exit polls.
 
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