ETA!!!
Sorry to offend so many people with this OLD meme in a MEME community!
Feel free to post more recent content!
this post was submitted on 03 Sep 2025
473 points (91.3% liked)
Political Memes
9362 readers
1470 users here now
Welcome to politcal memes!
These are our rules:
Be civil
Jokes are okay, but don’t intentionally harass or disturb any member of our community. Sexism, racism and bigotry are not allowed. Good faith argumentation only. No posts discouraging people to vote or shaming people for voting.
No misinformation
Don’t post any intentional misinformation. When asked by mods, provide sources for any claims you make.
Posts should be memes
Random pictures do not qualify as memes. Relevance to politics is required.
No bots, spam or self-promotion
Follow instance rules, ask for your bot to be allowed on this community.
No AI generated content.
Content posted must not be created by AI with the intent to mimic the style of existing images
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The problem with making charts like this is that they are punchy to people who don't understand that the stock market is not a very good indicator of economic health (and that it's incredibly outdated by this point, making the numbers untrue) but anyone who actually does any investing, even casual investing, quickly realize that the DOW, NASDAQ, and S&P500 are completely unmoored from reality.
The fed talks about (but crucially does not commit to) a half percentage point interest rate cut next month? Line go up!
Tesla quarterly earnings beat their revenue goals, but not by as much as analysts predicted? Line go down!
The numbers will go up or down mostly irrespective of what the man in the oval office does. What Trump or Biden say and do as President certainly has an effect, but then the market forces usually correct it days later and it's back to business as usual.
The more important stats to focus on are how regular consumers are feeling the pinch every day with the inflated cost of goods and services. Who cares about whether or not the wealthiest companies are doing well for themselves. If the stock market has a bad day, just wait a month and you'll be back in the green again. If the consumer market is having a bad day, it's not likely going to be isolated to just one day.
Yeah, quite a few Trump voters were lamenting how “The economy was terrible under Biden.” The initial impulse is to point to numbers that say No, it was actually good, you’re getting lied to. But what we really need is a better viewpoint of what we define as “The Economy.”
I think a lot of those voters have a power/life-control complex that prevents them from ever saying “I’m struggling, and my boss doesn’t pay me enough, and I need help.” That’s a pretty “weak” thing to say. But if your boss gives the excuse “Sorry, I can’t give you a raise, the economy sucks” they have a bit of an excuse to deliver.
So: Median income was struggling, as Bernie said for so long. But both parties spurned Bernie in favor of habitual lies. At least Trump’s lies were grander and posed a made-up solution to them.