By Noah
Rothman
Tuesday,
July 11, 2023
The
latest craze on the Left is a bit of performance art in which its members
posture theatrically befuddled over the causes of Joe Biden’s unpopularity.
The Washington
Post’s Perry Bacon
Jr. is
confounded. Sure, there’s inflation, he writes, but price instability has
declined, and America’s straits in that regard are no more dire than Western
Europe’s. The pandemic is behind us, unemployment is historically low, and
Biden “makes a great effort to reach out to Republicans,” so their hostility
toward the president is clearly suspect.
Newsweek’s Matt Robinson is also confused. Biden has
presided over “the greatest single year of job creation in American history,”
he wrote with apparent (and undue) sincerity. The president has seen
an increase in manufacturing jobs, marshaled society toward almost universal
Covid vaccination, and spent wild sums pursuing infrastructure projects and
anti-poverty programs. What gives? Robinson locates the source of the
president’s problem in the malaise that has settled over progressives who were
promised “big federal moves” and only got hypercompetent governance — the
ingrates.
New
York magazine’s
Eric Levitz is similarly perplexed. The “misery index,” which combines
the unemployment and inflation rates into one terrible metric, is “lower now
than it’s been during 83 percent of all months since 1978,” he wrote. True
enough, but 20 of those months in which the “misery index” surged to double digits occurred during Biden’s term
in office.
Although
inflation has eased some, it hasn’t where it counts. Per the Wall Street
Journal, prices
“are stubbornly rising for what retail and food executives refer to as ‘the
center store,'” a euphemism for non-perishable staples from cereals to paper
towels. In percentage terms, the cost of these goods is up by double digits
across a variety of categories from just months or even weeks ago. And to judge
by this report, many of the customers surveyed by Journal reporters
went out of their way to note the tradeoffs they have had to make to stretch
their dollars as far as possible.
That’s
an inconvenience that almost everyone feels and is liable to resent.
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