re: Politico - Voters Were Right About the Economy. The Data Was Wrong.

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How Democrats were tricked into believing the economy was strong

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That’s hilarious. It should read: How Democrats tried to trick voters into thinking the economy was strong.

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Politico - Voters Were Right About the Economy. The Data Was Wrong.

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The small print:

“This misleading headline brought to you by you”

If only we could go back to the govt robbing us and telling us men can be women. Are saying between the lines that is what you support?

The economy was good for the very rich. It was terrible for the rest of us. One of the biggest lie Democrat leaders tell themselves is that they are trying to help regular people when they really just want to make their rich friends even richer.

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Take, as a particularly egregious example, what is perhaps the most widely reported economic indicator: unemployment. Known to experts as the U-3, the number misleads in several ways. First, it counts as employed the millions of people who are unwillingly under-employed — that is, people who, for example, work only a few hours each week while searching for a full-time job. Second, it does not take into account many Americans who have been so discouraged that they are no longer trying to get a job. Finally, the prevailing statistic does not account for the meagerness of any individual’s income. Thus you could be homeless on the streets, making an intermittent income and functionally incapable of keeping your family fed, and the government would still count you as “employed.”

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Everyone but a few hopeless cases here knew this.

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4cubbies

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you really are a special type of dumb aren't you? I'm being serious. You are the type that can see it all unraveling. Can know that your party was a part of some of the biggest coverups in US history....and yet you will support them hook line and sinker. Congrats on officially being brain washed.

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If you were reading the Money Board on this site you were repeatedly being told how great the economy really was.

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It WAS great for the people on the Money Board. I made out like a bandit over the last four years. But I realize that an economy that leaves 30% or 40% of the people behind is a recipe for instability.

I think that the radical free traders are essentially correct. What is making their ideas untimely are two things:

1. Free trade exposes our lower classes to competition from the rest of the world. This is fine if the rest of the world are peers, but we are in an era of transitions from extremely poor countries to more wealthy countries. This transition is occurring BECAUSE we are exposing our lower class to competition. However, there is a near infinite supply of emerging countries, and thus a seemingly endless supply of cheap workers who are willing to work for wages that won’t lift an American family out of what we call poverty.
2. If the US does not engage in protectionism what we would have is not free trade but an asymmetric trade with nations that are tilting the playing field their way.

There is something that militates strongly in America’s favor. Our military strength and foreign aid have allowed us to poach the resources of much of the rest of the world. The benefits of this are manifest and great, but they tend to accrue to the wealthy and not the American laboring class.

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Yet you far left loons are still stupid enough to continue voting against yourselves

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I can’t speak for the far left but they definitely do this.