this post was submitted on 04 Mar 2025
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What world are you living in where you think the economy of the last 4 years has been booming? Every indicator that isn't the Dow Jones indicates that the economy has been absolutely fucked for the last 4 years.
The real one?
Where 6 million more people in the US were employed than before the pandemic.
Where inflation in the US was lower than that of peer western countries.
Where the number of people using food stamps decreased.
Where wages went up almost 20% over 4 years.
Where GDP grew by some 14% over 4 years.
Where the S&P 500 increase by 43% over 4 years.
By what reasonable metric would you consider the economy fucked?
Have you tried to actually find a job in the last 2 years? It's almost impossible despite loads of "we're hiring!" sighns that are offering less than they were 2 years ago
Most Americans do not care what inflation in the UK or Germany is. They care what it looks like here, and when most Americans were living paycheck to paycheck before Biden took over, inflation hits them even harder.
Maybe average income has gone up that much the last 4 years, but most people's income has been essentially flat for the last 4. The majority of Americans make less than $30 an hour, which is inadequate to live on nearly anywhere in the country.
GDP is great if you have stocks and bonds. It's meaningless to your average person who is barely able to put anything into a 401(k).
So your evidence that the economy was broken under Biden is your feelings.
Cool.