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More than that, I think there was a lot of democrat messaging that the economy is the greatest its ever been because of Biden. When I would say, it is because o

More than that, I think there was a lot of democrat messaging that the economy is the greatest its ever been because of Biden. When I would say, it is because of Nvidia, haha. and what does that have to do with the price of milk or eggs for some random american?

ryukoposting 2y ago
The fact that Tim Walz made it through a 90 minute debate without mentioning the CHIPS act a single goddamn time absolutely blows my mind. Dems could try to explain why Trump's economic policy made the US economically brittle, leaving Biden no choice but to pay the piper to avoid a depression. You're not going to woo voters with that kind of narrative, though, even if it's the truth.
- 15155 2y ago
  He's a knucklehead, remember?
- strix_varius 2y ago
  Similarly, when the friendly The View hosts asked Harris what she would do differently from Biden, I assumed her team would have drilled that obvious talking point into her with flashcards. My mind was blown when she said "There is not a thing that comes to mind in terms of — and I’ve been a part of most of the decisions that have had impact."
  - bombcar 2y ago
    You don’t even have to start a fight - you can just have an answer about how certain policies take time to grow and you’ll continue to nurture them. An analogy about how it takes time to turn a cargo ship might be apt; how the main thing is steady at the help, and hold the rudder.
  - light_hue_1 2y ago
    My parents who are extreme Democrats called me after that interview to say there's no hope and Trump will win. Harris never understood the obvious fact that Biden's approval ratings were terrible not because he is old, but because people don't like his policies.
llamaimperative 2y ago
Nvidia has literally nothing to do with record low unemployment.
- torginus 2y ago
  I'm pretty sure some guy who made it big on stocks now can afford to have his front deck renovated.
  - tiahura 2y ago
    Or my electrician friend who’s making boatloads working crazy overtime building data centers.
- FredPret 2y ago
  If you replace “Nvidia” with the much broader “technology” then it is indeed the major reason the modern world economy is good.
  - llamaimperative 2y ago
    Technology is definitionally a thing that improves productivity, so sure.
mschuster91 2y ago
Yeah, that's the core. Politicians love to claim "the economy is good!"... but if the people see it in their daily lives that almost none of that supposed "good" makes it into their pockets, there will be problems. People aren't stupid ffs. Many people got raises after the inflation shock... but rent hikes ate that up, prices for food and staples didn't go down despite fuel/energy prices going low, and many people didn't get raises at all or (especially in the tech sector) got laid off entirely.
- llamaimperative 2y ago
  People literally are stupid. Inflation was a global phenomenon, clearly not “caused by” POTUS, and the US managed it far better than every peer. The idea that if you don’t like inflation you should vote Trump is pretty much the definition of stupidity.
  - dalmo3 2y ago
    This is why the US is so great. You debase the dollar, the whole world suffers, and you can still claim "we've outperformed our peers". Fantastic.
    - llamaimperative 2y ago
      The dollar traded at pretty stable levels through the 2020-2024 period, and most countries that could did similar things to their currencies as we did.
      - throwaway2037 2y ago
        To be clear, it doesn't make sense to say "the dollar traded at pretty stable levels". You need an FX pair to make sense. There are three big, floating currencies in the world: USD, EUR, and JPY. These currencies are overwhelming used for international trade. The USD<->EUR FX rate has been quite stable (~1.10) for about 10 years. However, the JPY<->USD FX rates has risen dramatically since 2022.
cranberryturkey 2y ago
you got it buddy, been in tech (silicon valley) for 25 years. I got laid off in August 2023 and the market sucked even back then. No recruiters reach out anymore. Back in 2022 it was twice a day or more.

ryukoposting 2y ago

The fact that Tim Walz made it through a 90 minute debate without mentioning the CHIPS act a single goddamn time absolutely blows my mind. Dems could try to explain why Trump's economic policy made the US economically brittle, leaving Biden no choice but to pay the piper to avoid a depression. You're not going to woo voters with that kind of narrative, though, even if it's the truth.

15155 2y ago
He's a knucklehead, remember?
strix_varius 2y ago
Similarly, when the friendly The View hosts asked Harris what she would do differently from Biden, I assumed her team would have drilled that obvious talking point into her with flashcards. My mind was blown when she said "There is not a thing that comes to mind in terms of — and I’ve been a part of most of the decisions that have had impact."
- bombcar 2y ago
  You don’t even have to start a fight - you can just have an answer about how certain policies take time to grow and you’ll continue to nurture them. An analogy about how it takes time to turn a cargo ship might be apt; how the main thing is steady at the help, and hold the rudder.
- light_hue_1 2y ago
  My parents who are extreme Democrats called me after that interview to say there's no hope and Trump will win. Harris never understood the obvious fact that Biden's approval ratings were terrible not because he is old, but because people don't like his policies.

llamaimperative 2y ago

Nvidia has literally nothing to do with record low unemployment.

torginus 2y ago
I'm pretty sure some guy who made it big on stocks now can afford to have his front deck renovated.
- tiahura 2y ago
  Or my electrician friend who’s making boatloads working crazy overtime building data centers.
FredPret 2y ago
If you replace “Nvidia” with the much broader “technology” then it is indeed the major reason the modern world economy is good.
- llamaimperative 2y ago
  Technology is definitionally a thing that improves productivity, so sure.

mschuster91 2y ago

Yeah, that's the core. Politicians love to claim "the economy is good!"... but if the people see it in their daily lives that almost none of that supposed "good" makes it into their pockets, there will be problems. People aren't stupid ffs. Many people got raises after the inflation shock... but rent hikes ate that up, prices for food and staples didn't go down despite fuel/energy prices going low, and many people didn't get raises at all or (especially in the tech sector) got laid off entirely.

llamaimperative 2y ago
People literally are stupid. Inflation was a global phenomenon, clearly not “caused by” POTUS, and the US managed it far better than every peer. The idea that if you don’t like inflation you should vote Trump is pretty much the definition of stupidity.
- dalmo3 2y ago
  This is why the US is so great. You debase the dollar, the whole world suffers, and you can still claim "we've outperformed our peers". Fantastic.
  - llamaimperative 2y ago
    The dollar traded at pretty stable levels through the 2020-2024 period, and most countries that could did similar things to their currencies as we did.
    - throwaway2037 2y ago
      To be clear, it doesn't make sense to say "the dollar traded at pretty stable levels". You need an FX pair to make sense. There are three big, floating currencies in the world: USD, EUR, and JPY. These currencies are overwhelming used for international trade. The USD<->EUR FX rate has been quite stable (~1.10) for about 10 years. However, the JPY<->USD FX rates has risen dramatically since 2022.

cranberryturkey 2y ago

you got it buddy, been in tech (silicon valley) for 25 years. I got laid off in August 2023 and the market sucked even back then. No recruiters reach out anymore. Back in 2022 it was twice a day or more.