Phase 1 of Democrat gaslighting has failed. The insistence that prices aren’t higher is a bit of disinformation that no one believes. Phase 2, currently underway, blames companies, without explaining why they all chose to raise prices now, instead of last year.
Meanwhile, CNBC, which conducted this poll showing Biden hitting new lows is baffled as to why the public is unhappy.
Those opinions, gathered from Dec. 17 to 20, run counter to what was one of the market’s best years in decades. All three major U.S. equity indexes posted mammoth double-digit gains in 2021 compared to their historical annual average around 7% or 8%…
Biden’s inability to garner credit for one of the stock market’s best years in living memory is symptomatic of a larger problem for Democrats in 2022: The party can’t seem to convince voters that things are better than they were 12 months ago.
That’s great, but most people are not in the “market”. A significant percentage of the country is living paycheck to paycheck, and much as with working remotely or closing schools, the class disconnect on this is huge.
Why won’t people believe that the economy is awesome?
Some 84% of those surveyed said the prices they see for everyday goods are higher than they were a year ago, while just 19% report earning more income over the same period. And only 23% say they believe inflation is starting to come down or will begin to decline soon.
Respondents tend to blame Biden (38%) for the price increases versus the global pandemic (26%) or corporations (23%).
The disappearance of the dollar store is going to be a lot more on the minds of average Americans than the equity indexes.