Economic measures, seldom reported: Stock market at all time high, housing price is stable and appreciating nicely, wages are growing, unemployment is still near all time low, for hire signs everywhere, GDP is growing, national crime statistics are trending down, lately even inflation is getting under control. Perceptions and in the news: The economy is in recession; inflation is out of control; homeless everywhere; people can't afford a house; companies are laying off left and right; people can't make ends meet, can't .... ; we are worst off than in 2020; illegal immigrants are running around everywhere, out of control; murders everywhere, crimes are rampant... I think both are correct. The devil is in the details and in how the politicians want us to believe.
are there stats for this? housing is unaffordable and no one is selling. wages might be growing but if they didn't double over the last couple years no one can tell. Unemployment is at a low, number of people with multiple jobs at a high. And what are these jobs (cashier, janitor, waiter)? https://layoffs.fyi/ . Crime is trending down from all time highs I suppose. Inflation rate is going down but groceries are almost double from a few years ago
I am just a trader, not an economist. If you want to prove me right, ask CNN If you want to prove me wrong, ask Fox.
There are plenty of stats. What matters in politics, however, is not what is actually true but rather what is perceived as true. It is very easy to find out what is true and what isn't. However when we receive the wrong message from the right messenger we perceive the messenger to be telling the truth. So why would we bother to check to see if what we are told is actually true? We wouldn't; we won't; we don't. If we do check and find official data contradicting what we have been told by a messenger we perceive as reliable, we may assume the source of the actual truth to be corrupt and intentionally lying to us. It is not surprising to find some of our most successful politicians, whose followers are cult-like in their devotion to their leader, have an uncanny ability to simplify their message and deliver it with the voice pitch and cadence that recalls the voice of our most financially successful, "Christian" evangelists. The messenger is the critical component if nonsense is to be pitched as truth.
If the worst thing one can come up with is something the guy did 3 years ago I reckon he's doing pretty good. I never had to go back more than a week to find something a whole lot dumber that Trump did back in the day.
It's more than perception. https://nypost.com/2024/01/20/metro...ds-are-using-this-nyc-park-as-their-bathroom/
When far-right, white nationalist "libertarian" Steve Bannon was casting about for someone to deliver the Republican party to him around a core message of government, "Deep State" corruption, he found it in a sing-song-voiced simpleton. A man of limited vocabulary and philosophically a tabula rasa. A man devoid of any moral compass. A man who would be Bannon's messenger. That man was Mr. Donald John Trump. Bannon has described Trump as a "deeply flawed" individual. The flaws seem not to have damaged Trump's suitability as a messenger to minions of minimally educated Americans. If the recipients of the message, as delivered by TV Reality Star Trump under Bannon's direction, were neither politically active nor Republicans, it did not matter; they soon would be both! Mr. Trump would deliver Mr. Bannon's message (along with his personal side-show) to his MAGA crowds, and in turn the MAGA crowds would be unwittingly prepared to do Mr. Bannon's bidding, leaving Republican party regulars wondering what happened. A multi-act drama is playing out before our eyes and ears. Unlike plays with a specified number of acts, the number of acts in this one is yet to be determined. The final scene is totally up for grabs.