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That's my point! By talking about how great they are doing on inflation, the DNC campaign was LOSING votes because people experience prices which don't go down

That's my point! By talking about how great they are doing on inflation, the DNC campaign was LOSING votes because people experience prices which don't go down when inflation is "normal".

startupsfail 2y ago
The media wasn’t talking about that, it was repeating in a loop: “The economy will be better with Trump”, including the media in the far left.
- chgs 2y ago
  There’s no far left media in America?
- wyclif 2y ago
  So I'm in the Philippines. These things have far-reaching effects outside of the US because of the dollar. This is why Filipinos (and Latinos, and Muslims) love Trump. A female Filipino business owner gushed to me a few hours ago (awkward!) about how she's happy because now she'll be able to afford to fuel her car (gas/petrol is notoriously expensive in SE Asia for most people). Point is, business, markets and consumers vote their interests. Look at Wall Street, Bitcoin, &c. in the hours leading up to the election.
  - catlover76 2y ago
    [dead]
  - startupsfail 2y ago
    Bitcoin is interesting. So far it had been responsible for a lot of waste of manufacturing mining equipment, completely unnecessary CO2 emissions, a lot of fraud and money laundering. And now we add to the record of Bitcoin some dark money donations from crypto companies to support Trump campaign. Without any way to track, if the funds were originally coming from Putin or not. Great.
- ablation 2y ago
  I really think you need to recalibrate your political scale if you believe there is any “far left media” in the USA that has any kind of meaningful mainstream reach. It’s simply not the case.
  - startupsfail 2y ago
    I disagree. Online mainstream media seems to be operating like a polarizing algorithm, focusing on maximizing the engagement. And more traditional media is following that as well, since this is now the mainstream.
akira2501 2y ago
They lost because they forgot about wages and retirement savings. Inflation was uneven. It impacted prices but not wages or savings. It reduced citizen wealth directly and transferred it to corporations and the already wealthy. They wanted to publicize the problem but not actually take the cure. Now they have zero mandate in any institution. That's what selling out your base gets you.
- Mountain_Skies 2y ago
  One factor that is invisible to most posters here is that SNAP (food stamps) are adjusted for inflation each year in October. This year, using official government figures, SNAP benefits were increased by a maximum of one dollar per person. They might as well have left them the same as last year but instead went with the insultingly low one dollar increase. SNAP recipients, who are traditionally much more likely to vote for Democrats, saw that as a middle finger to them and their food security needs. It's like leaving a dime as a tip instead of leaving nothing. To them, it was a sign of contempt. Most of Hacker News doesn't run in social circles where people are clipping coupons and going to several different stores to shop the best deals just so they can afford to eat that month, but for nearly forty million Americans who receive SNAP benefits (read that number again and let it really sink in), that's their reality. The administration looked either out of touch or even spiteful by doing a one dollar benefits increase to account for the past twelve months of inflation. I'm sure there are plenty of other similar things that are hurting the working poor that are invisible to those spewing scorn at voters who weren't concerned more about wars around the world and luxury beliefs. No one I've pointed this out to has been able to empathize with these people yet, most coming up with glib replies about how everything for those voters will be even worse now that the other candidate won. Until they can understand the plight of the people who received that one dollar increase and why it was so psychologically devastating to them the month before the election, they'll never understand why their candidate lost. Instead they'll keep pointing to GDP, the low employment numbers made possible by people working multiple jobs to survive, and how great things are for the wealthy instead of trying to actually get in touch with the daily lives of those they rarely interact with. Maybe insulting these people and calling them stupid and evil a few more times will be what finally makes them forget about their food insecurity.

That's my point! By talking about how great they are doing on inflation, the DNC campaign was LOSING votes because people experience prices which don't go down when inflation is "normal".

startupsfail 2y ago

The media wasn’t talking about that, it was repeating in a loop: “The economy will be better with Trump”, including the media in the far left.

chgs 2y ago
There’s no far left media in America?
wyclif 2y ago
So I'm in the Philippines. These things have far-reaching effects outside of the US because of the dollar. This is why Filipinos (and Latinos, and Muslims) love Trump. A female Filipino business owner gushed to me a few hours ago (awkward!) about how she's happy because now she'll be able to afford to fuel her car (gas/petrol is notoriously expensive in SE Asia for most people). Point is, business, markets and consumers vote their interests. Look at Wall Street, Bitcoin, &c. in the hours leading up to the election.
- catlover76 2y ago
  [dead]
- startupsfail 2y ago
  Bitcoin is interesting. So far it had been responsible for a lot of waste of manufacturing mining equipment, completely unnecessary CO2 emissions, a lot of fraud and money laundering. And now we add to the record of Bitcoin some dark money donations from crypto companies to support Trump campaign. Without any way to track, if the funds were originally coming from Putin or not. Great.
ablation 2y ago
I really think you need to recalibrate your political scale if you believe there is any “far left media” in the USA that has any kind of meaningful mainstream reach. It’s simply not the case.
- startupsfail 2y ago
  I disagree. Online mainstream media seems to be operating like a polarizing algorithm, focusing on maximizing the engagement. And more traditional media is following that as well, since this is now the mainstream.

akira2501 2y ago

They lost because they forgot about wages and retirement savings. Inflation was uneven. It impacted prices but not wages or savings. It reduced citizen wealth directly and transferred it to corporations and the already wealthy. They wanted to publicize the problem but not actually take the cure. Now they have zero mandate in any institution. That's what selling out your base gets you.

Mountain_Skies 2y ago
One factor that is invisible to most posters here is that SNAP (food stamps) are adjusted for inflation each year in October. This year, using official government figures, SNAP benefits were increased by a maximum of one dollar per person. They might as well have left them the same as last year but instead went with the insultingly low one dollar increase. SNAP recipients, who are traditionally much more likely to vote for Democrats, saw that as a middle finger to them and their food security needs. It's like leaving a dime as a tip instead of leaving nothing. To them, it was a sign of contempt. Most of Hacker News doesn't run in social circles where people are clipping coupons and going to several different stores to shop the best deals just so they can afford to eat that month, but for nearly forty million Americans who receive SNAP benefits (read that number again and let it really sink in), that's their reality. The administration looked either out of touch or even spiteful by doing a one dollar benefits increase to account for the past twelve months of inflation. I'm sure there are plenty of other similar things that are hurting the working poor that are invisible to those spewing scorn at voters who weren't concerned more about wars around the world and luxury beliefs. No one I've pointed this out to has been able to empathize with these people yet, most coming up with glib replies about how everything for those voters will be even worse now that the other candidate won. Until they can understand the plight of the people who received that one dollar increase and why it was so psychologically devastating to them the month before the election, they'll never understand why their candidate lost. Instead they'll keep pointing to GDP, the low employment numbers made possible by people working multiple jobs to survive, and how great things are for the wealthy instead of trying to actually get in touch with the daily lives of those they rarely interact with. Maybe insulting these people and calling them stupid and evil a few more times will be what finally makes them forget about their food insecurity.