Wednesday, November 06, 2024

Ultimately, most elections are about The Economy

An not just the actually economy, but how the average person perceives it, and is affected by it.
How easy is it get a mortgage? Buy groceries? This article explains it well:

What Just Happened - it was the economy, stupid.
The link doesn't allow me to cut and paste quotes. But the article goes through a list of many strong points, that basically add up to many Americans feel shut out of the American Dream. Half of Americans are spending 30% or more on rent or mortgage payments, which are a stressful burden. Inflation has slowed, but prices are still rising. The article says a lot more, it's worth reading the whole thing. I think it really explains well, what we are seeing here.