‘I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,’ the Vice President told Fox News
JD Vance admits the prices of groceries and housing are “too expensive” but once again has laid blame at the feet of the "disastrous Biden economy,” despite the Trump administration having taken the reins more than eight months ago.
“Housing is too expensive, groceries are too expensive. Now, I would say they’re too expensive because we inherited a disastrous Biden economy, and we’re making progress,” Vance said, speaking to Fox News’ The Ingraham Angle.
The vice president made the remarks Friday when discussing the struggling U.S. economy and its potential link to a surge in popularity for Democratic New York mayoral hopeful Zohran Mamdani.
If you think the economy of 2021-2024 was ‘goldilocks’ I think you’re conflating massive AI investment with a “good economy”
Unless your job was developing and implementing AI solutions, you were probably getting fucked. The majority of big companies implemented RTO for softlayoffs, and then warn notices were a record outside of the pandemic year for 2023 reaching nearly 350k roles.
Signs right now point to AI literally holding the company up as greedy CEOs and Boards shoot for infinite money machines that will never materialize with current AI/ML techniques and methodologies. When that slumps the stupid valuation of companies like nvidia are going to bomb so hard the great depression of the 21st century will be underway.
Not to mention the fallout of the PPP grift, a massive transfer of wealth that we’re still paying for in inflation. The best you can say about that is that it was a bipartisan $1t ratfucking of the working class.
Pretty much. The ownership fuck us and for some stupid reason the ignorant middle class on either side thinks that somehow it could be good for them, depending on if it’s their guy in office or not.
I’m a true leftist liberal. I’m 100% pro labor. That means I am neither democrat nor republican. The closest thing in the democrat party that’s aligned with my beliefs is Bernie, and they shit on him when he almost got traction.
Never forget that term limits were established for FDR because he was similarly pro-labor and got elected to four fucking terms because of all the good he did for the many. Ever since him all the politicians have done is chip away at what was built. Obamacare was a token effort by comparison to what he accomplished.
I don’t know why this post got down voted but Cory Doctorow agrees with you.
Only upside is whenever this bubble pops it’s going to be on Trump’s watch. ( How confident is the maga regime in their ability to fix the next two elections…? )
Maybe they are fine with a crash of the stock market and then the whole dollar-based economy because they are going all in on crypto.