The economy will either rebound or it won't, but likely it doesn't in terms of affordability. The same trends that exist today will exist in 4 years, quite probably even worse, the stock market and jobs rate is technically "very good" right now. Stock market has largely been hitting highs all through Biden's term. The economy on a technical level today is "good", the problem is average joes don't feel that way and the price of everything has gone up.
The part about inflation no one wants to talk about is you need a recession (and a really bad one) if you want prices to go down. No company is going to lower their prices because XYZ is president, they have their own shareholders to appease, so potato chips are going to stay expensive for a bag, eating at McDonalds is going to stay $15+ per person, grocery prices will remain sky high, etc. etc. Those high prices make for sweet, sweet high profit margins.
When they say "inflation is coming down!" all that means is the rate of additional inflation is coming down, it doesn't mean the prices of things are getting cheaper, just they are increasing more slowly.
In 4 years we'll have a Democratic president again if people are still fed up by general unaffordability of things, as the incumbent party (Republicans) will then get blamed for not fixing it. Think the next Dem candidate will be Gavin Newsom as the Dems won't run another woman for a long time.
It sucks for people who would like to see a woman in that spot, but the fact is the Democrats are 3 for 3 out of the last 3 elections and overall 5 for 7 overall going back to Bill Clinton with male candidates at the top of the ticket. Those are pretty high win rates.
Last edited by Soundwave - 6 days ago
