this post was submitted on 06 Nov 2024
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I don't know how someone can blame voters for advancing their interests if their finances are in the red. and are holding their vote in protest of the democrats.
I don't know how are the discussions on beehaw but over the rest of lemmy, it feels exactly the same as on reddit: well off Americans blaming the struggling other half for turning their backs on the Democrats, it isn't Just Harris who didn't deliver, it is the whole fucking party. Liberals won't understand the struggle of people living paycheck to paycheck. and how they are not entitled to their vote if they let the neo-Liberal system fuck with the struggling class.
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
Like I said: Trump fucked it, Biden unfucked it starting in January 2021 and got it under control. And, because the media laps up a good narrative like no other, Biden got the blame for what Trump did, when the US recovered better from Covid inflation than pretty much every other country in the world.
If you're struggling now, and "holding your vote in protest of the Democrats," then I withdraw a little bit of my sympathy. You're going to get it right up the ass very hard in the next few years, if you did that, and although it won't be completely your fault you will have helped make it happen.
Correct me if I'm wrong, but this is a measure of average wage growth right? I think it's possible that there are big variations between geographic regions and industries and income, so for some people wage growth more than outpaced inflation but for a lot of others it didn't.
Here's the median, in inflation-adjusted dollars:
https://www.statista.com/statistics/200838/median-household-income-in-the-united-states/
It bombed in 2022 and then went back up. It'll be higher in 2024 than it ever was, and it'll probably keep going up until anywhere from 0 to 2 years into Trump's presidency, and then it'll bomb again much harder as everything goes completely to shit. The normal cycle would be that it gets handed back over to a Democrat in 2028, he spends the first 2-3 years of his presidency fixing things from the previous Republican's disaster as happened in 2009-2012 and in 2021-2022, and then during the next election everyone blames that 2-3 years on the Democrat and says the Republicans are better with money.
We're about to go so far off the map that it seems unlikely for that cycle to happen this time, but that would be the normal cycle.