• GodlessCommie@lemmy.world
          link
          fedilink
          English
          arrow-up
          2
          arrow-down
          28
          ·
          11 months ago

          This isnt a soft landing, we are in the middle of a silent depression. And we have not hit bottom yet

            • GodlessCommie@lemmy.world
              link
              fedilink
              English
              arrow-up
              2
              arrow-down
              21
              ·
              11 months ago

              Healthy economies do not have skyrocketing credit card debt, skyrocketing car repos, less savings, increasing evictions, and people losing their homes because of unaffordable housing. If the exact same conditions were happening under a GOP, WH liberals would be in an uproar, but since BlueMAGA is running the show they went to brunch while the world burns.

      • ugh@lemm.ee
        link
        fedilink
        English
        arrow-up
        5
        ·
        11 months ago

        That’s the official term presented by the WH. The rest is correct.

    • funkless_eck@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      5
      ·
      11 months ago

      Marketing from the Biden team that Democrats use to support their cause and Republicans ironically use to support their cause.

    • Marsey_Enjoyer@lemm.ee
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      4
      ·
      11 months ago

      Economy in freefall, constantly rising inflation, interest rates through the roof and home prices not falling at all

      • Fixbeat@lemmy.ml
        link
        fedilink
        English
        arrow-up
        1
        arrow-down
        1
        ·
        11 months ago

        Free fall, meaning? Inflation is going down. Interest rates are a mechanism to control inflation, and historically are not all that high. Housing is a problem, but nobody is going to do much about it because something something free market. Not everything is great, but not dismal either. I don’t really see how this is Biden’s fault, but I am sure people will still blame.