IT'S CHRISTMAS TIME WEATHER YOU LIKE IT OR NOT 
still economically illiterate
ABC Poll: Biden Has Lowest Approval in 15 Years, 71% Say Economy 'Bad' 
https://www.newsmax.com/newsfront/president-joe-biden-poll/2024/01/15/id/1149608
Course no /r/politics thread, wonder why 
edit: nvm 
found it
funny picture
related r/neoliberal cope: Don't count Biden out: January polls are historically unreliable
Jump in the discussion.
No email address required.
The economy is doing great, chud!
!slots200
Jump in the discussion.
No email address required.
The economy is doing comparatively ok but it's so blatantly obvious that all the thinkpieces about how people are big dumb dumb for thinking things are bad are just journos being agressively protective of biden.
Jump in the discussion.
No email address required.
The economy looks good if you only look at the stock market and unemployment numbers. Other numbers are being actively ignored bc its all a house of cards about to collapse. The fed doesnt even report M2 anymore since 2021 https://fred.stlouisfed.org/series/M2
https://www.investopedia.com/terms/m/m2.asp
!slots200
Jump in the discussion.
No email address required.
Read your own links. They changed what M2 measured, and so changed the name.
Jump in the discussion.
No email address required.
!slots300
Jump in the discussion.
No email address required.
Did you ever try to transfer money into or out of your savings accounts more than 6x a month? And get a note from your bank saying "you shouldn't do this with a savings account"?
That mostly went away. Regulations allows for money in savings accounts to be accessed more easily.
M1 is (to simplify) money that is "ready to spend" and you can spend out of your savings account now. Not only that, but people moved money into savings accounts, check WDDNS.
And so savings accounts were moved from M2 to M1. If someone was just watching M1 like an r-slur and not aware of the change in savings accounts regulations, they would've thought a bunch of money just vanished into less-available space, when the literal opposite happened instead (more money becoming available to spend).
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Oh,
! This must mean the Fed economists have switched to a methodology that's scientifically superior!
Doesn't look like a huge difference. I wonder how M2 would look if they ran the series to Nov 2023?
I dunno, bros. That just seems weird.
Oh, so the recent jump isn't due to economic chicanery
.*
*They simply have no idea what's going on.... again! 
Jump in the discussion.
No email address required.
Regulations changed on savings accounts to make them more liquid and more attractive.
Simply ignoring the change in regulations would've caused weird things to happen in the measurements, because people actively moved money into savings accounts. M1 would've fallen when the root thing it was measuring (money that can be spent now) went up.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
China gov reports the economy is great too but their country lost 9 million people birth too death worst in history. Almost like people don't believe the fake central planners numbers that seem too show they're doing a great job. Look at the unemployment rate calculation and the inflation rate for instance if counted same as in the 70s we'd have
20% inflation and 15% unemployment rate
Trans lives matter
Jump in the discussion.
No email address required.
More options
Context
More options
Context
yeah, the fact that we're not actively in a recession is pretty great but acting like everything is amazing is delusional
it makes me think the people writing the articles don't have to worry about money in their lives because fricking everything is so expensive now
Jump in the discussion.
No email address required.
Journos are all trust fund babbies
Jump in the discussion.
No email address required.
More options
Context
Jump in the discussion.
No email address required.
Doordash guy took a post st. patricks day dump in her delivery box
Jump in the discussion.
No email address required.
More options
Context
I want to start a competitor that delivers the cheapest avocado toast around, probably at a loss...but it's made with a slow-acting poison that kills the consumer a year later.
I'd be in my evil billionaire's underground bunker watching lazy r-slurs die on TV.
Jump in the discussion.
No email address required.
use the shittiest avocados and bread
that you can find but say it's organic cruelty free made by a queer 
BIPOC 
woman 
and charge 
$30 each
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Not expensive enough, should be 60$
Jump in the discussion.
No email address required.
fillet mignon avacado toast
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
We would be in a recession if inflation wasnt ultra high.
The fact government keeps lying about literally everything probably doesnt improve the outlook
Jump in the discussion.
No email address required.
Noooo GDP growth was totally over 5% in 2023 it was a fantastic year and not just a measurement artifacttttt
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
Wagon-circling is such a red flag but journ*lists don't know how to not do it.
If the media, and Biden's press secretary, hadn't mocked inflation when it first turned up, people would be trusting them a lot more today.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
!slots200
Jump in the discussion.
No email address required.
!slots200
Jump in the discussion.
No email address required.
!slots200
Jump in the discussion.
No email address required.
!slots200
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context