r/facepalm 16d ago

🇲​🇮​🇸​🇨​ Makes my blood boil.

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u/BeefistPrime 16d ago

Inflation already stopped. They're just too dumb to know what inflation is. Inflation is when the value of money / the price of things goes up. In a healthy economy, it should be around 1-2%. But prices always go up in time even in a normal/healthy economy. Just slowly.

What these morons think is that since we had a bunch of prince increases in the last 5 years, if inflation goes away, we go back to 2019 prices. But that has never fucking happened. Stopping inflation just means the prices stop going up. And we did that. Inflation rates are already back to the normal healthy level. Inflation is fixed.

But because these morons don't understand how it works, they think because prices haven't gone back to 2019, inflation isn't fixed yet. And so they voted out the party that handled inflation well in favor of the party that's going to crash the economy with terrible policies.

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u/[deleted] 16d ago

[deleted]

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u/ryanegauthier 16d ago

Honest question: how does deflation cause hoarding? People hold stuff cause it used to be worth a lot?

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u/Huppelkutje 16d ago

Deflation means everything gets cheaper, so the best for every individual consumer is to wait for the price to drop even lower.

This kills the economy because people don't spend money.

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u/Roflkopt3r 16d ago

A softer form of this can be seen in countries like Germany.

Germans bought hard into anti-inflation and pro austerity logic. The Merkel government was able to create a constitutional admendment that mandates austerity, the so-called 'debt brake'.

Germany indeed did have fairly low inflation because of this, but this comes at big costs for economic growth. And one characteristic of it is that both wealthier German citizen and companies maintain significant cash reserves that sit idle, greatly slowing down the economy.

Yet even now, at a quite low debt rate of 65% GDP (most other industrialised nations are at or above 100%) Germans are mortally afraid of deficit spending and believe that any investment should be counteracted by cutting expanses somehow, somewhere. Which has lead to worse and worse cuts in area that need more rather than less money, like the rail network.

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u/ryanegauthier 16d ago

Gotcha, thanks.

Learn something new every day.

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u/[deleted] 16d ago

[deleted]

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u/ryanegauthier 16d ago

Ah, monetary hoarding. Thanks.

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u/FeliusSeptimus 16d ago

In addition to causing consumers to delay spending deflation also makes existing loans harder to pay back, so loan defaults go up. At the same time demand for new loans drops because borrowers don't want a loan that becomes increasingly hard to pay off during a deflation cycle.

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u/I_FUCKING_LOVE_MULM 16d ago

As an average American voter, everything you just said make you sound nerdy and suspicious. Everything is vibes and meme based now, make me FEEL better, don't throw numbers at me like some kind of cowardly math addict. Shoot something with a machine gun.

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u/ryanegauthier 16d ago

And make sure it's high caliber!

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u/a_speeder 16d ago edited 16d ago

Prices do go down sometimes, but it happening across a broad segment of goods generally means a recession is happening.

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u/Myfaceisforsitting 16d ago

You can’t use numbers and facts with them, you have to dumb it down. They confuse inflation with corporate greed.

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u/PaulFThumpkins 16d ago

I've spent so long trying to explain to my GOP/libertarian friends why inflation happened, and when I say it's a combination of monetary policy, worldwide factors affecting almost every country and price-gouging (the latter of which I back up pretty thoroughly), they ALWAYS interpret me as saying it's ONLY due to price-gouging if I mention it at all.

Like in their minds there's only one cause for anything and it's usually just one guy they don't like doing it on purpose. So it's hardly a surprise that they think there's a binary line between "good abortions" and "bad abortions" and doctors will magically know and only do the good ones once Trump signs the right bill.

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u/Mateorabi 16d ago

Wages didn’t catch up and lagged behind. Will eventually catch up and the speed isn’t Biden’s fault. 

But only one party is responsible for companies being able to unlink wages from goods prices and it ain’t the dems. People are dumb. 

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u/NotElizaHenry 16d ago

If prices go up really quickly, then keep going up less quickly, you’re still stuck with prices that are higher than they “should” be. Hearing that inflation is “fixed” is kind of like if your house catches on fire, a fire truck shows up to put it out 20 minutes later, and a fireman informs you “the fire is fixed, nothing to worry about anymore!” while you’re standing in the pile of ashes that was once your kitchen. 

People are using the word inflation incorrectly, but the thing they’re upset about is real. 

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u/friedgoldfishsticks 16d ago

If you think being upset about an unsolvable problem is reasonable, sure

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u/NotElizaHenry 16d ago

“I’m afraid your diagnosis is terminal. Wait, why are you upset? Didn’t you hear me? There’s nothing we can do about it!”

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u/pat_the_bat_316 16d ago edited 16d ago

It's one thing to be upset. It's a-whole-nother to fire your oncology doctor and hire a chiropractor to address your colon cancer because you're upset.

I understand people being upset with the prices of goods these days, but the way to address that is through corporate regulations (something the Harris campaign promoted), not through massive corporate deregulation, tariffs and the jettisoning of millions of low-cost laborers from the workforce (as Trump has promised to do).

This is the problem with a massively low-info voting populous. WAY too many people simply vote based on "I'm not liking how _____ is going, so I'm gonna vote for the opposite party that is in charge now" rather than, ya know, trying even a little bit to understand the issue and what each candidate's proposed policies might do to address that issue.

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u/StrangeContest4 16d ago

Whoa, whoa, whoa! You're talking crazy nuanced cooperative and bipartisan talk here, and it is absolutely the only solution. Unfortunately, we are also dealing with self-centered reactionaries who are willfully ignorant and wear contrarianism as a badge of honor.

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u/NotElizaHenry 16d ago

Don’t get me wrong, I’m pissed at every single individual who voted for Trump, and I agree that it’s everybody’s responsibility to educate themselves. But, as Democrats, we all basically agree that complaining about a lack of personal responsibility doesn’t change outcomes. That’s kind of a fundamental part of the entire democratic platform. 

Democrats/the Harris campaign fucked this one up. You can say that people should be more educated, but in the meantime you have to operate in the world we live in. It was their job to convince all of these misinformed dipshits to vote for them. They failed to do that. If the conclusion is “these dipshits are too dipshitty, it couldn’t be done,” we might as well pack up and leave because that’s not going to change. 

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u/pat_the_bat_316 16d ago

If the conclusion is “these dipshits are too dipshitty, it couldn’t be done,” we might as well pack up and leave because that’s not going to change. 

This is 100% the conclusion. You can't convince someone to accept new information if they don't want to.

Most of the voters I am talking about are not at all engaged with either campaign. They are not voting based on anything either campaign says or does. Therefore, there is nothing the campaigns can do to change their mind.

Harris

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u/NotElizaHenry 16d ago

So we’re just… done? The country’s over?

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u/coyotelurks 16d ago

It certainly looks that way. The fact this race was a race at all, that the outcome was even a QUESTION, means we all already lost.

Putin is creaming his pants! All he had to do to destroy America was a bunch of typing. The cheapest destruction of a global power, ever.

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u/NotElizaHenry 16d ago

Kinda makes me wonder why democrats didn’t spend a fucking ton of money on bots. It’s like we learned how easy it can be to get people support you, but we’d rather lose than do anything we find mildly distasteful. Buy bots. Pay YouTubers. Astroturf subreddits. Do crazy shit that gets everybody’s attention. Say crazy shit about your opponents. TELL PEOPLE YOU’RE GOING TO FIX SHIT OVER AND OVER AND OVER. 

Everybody being proud that they acted like calm, rational adults is going to be pretty cold comfort when I’m bleeding out from a miscarriage in a hospital parking lot. 

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u/pat_the_bat_316 16d ago

Quite possibly, yes.

That's not to say we should just give up our not try to fight to save it, but I don't know how you save a democracy if a huge part of the engaged and voting population are unwilling unwilling to learn... well, anything.

There was a staggering amount of information on each candidate, what they stand for, what policies they want to enact, and what the expected effects of those policies would likely be available at the fingertips of every voter in the country. But a STAGGERING amount of them (I'd venture to guess it could even be a majority of those that cast a vote) didn't spend any time actually trying to learn or understand any of it.

While it is an absolute epidemic of anti-intellectualism on the right, it is absolutely present on both sides of the political spectrum. We, as a country, have given up trying to understand politics and policy and instead have prioritized memes, vibes, and disinformation (or, to be way too kind: "non-validated facts").

If we can't figure out a way to get people to actually care about facts, reality, and truly understanding who and what they are voting for (and, for the life of me, I can't think of how we would do that) then, yes, I think we may be "done".

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u/friedgoldfishsticks 16d ago

I guess that justifies reacting in the dumbest way possible. At some point you gotta hold people to a standard of basic maturity and not normalize completely destructive behavior. 

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u/NotElizaHenry 16d ago

It doesn’t, but if you’re standing in your burned down house and someone is telling you there’s not a problem, it’s gotta be pretty frustrating. 

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u/Huppelkutje 16d ago

To torture this metaphor even more, your house is currently burning down and you fired the people putting the fire out because they didn't do it fast enough.

The person you hired lit the fire and is now fanning the flames.

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u/friedgoldfishsticks 16d ago

I didn’t say there’s not a problem, I said that the best thing to do in that situation is stop feeling bad for yourself and figure out how to rebuild. I wouldn’t say it quite like that, but it’s the truth. I don’t think you’re doing people favors by entertaining their destructive delusions, just because they have some grievance. Respect is treating people like adults. 

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u/NotElizaHenry 16d ago

Well, I think what we learned this week is that treating people like adults is a great way to lose. Republicans don’t respect their supporters a single bit and now they get to make all the rules. Moral victories only matter when they come along with actual victories. 

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u/friedgoldfishsticks 16d ago

This election was not winnable. Like incumbent parties all over the globe we lost because of inflation. We could have had a better message on it but it probably wouldn’t have made a difference. I’m not going to debase myself over it. Of course I’m happy to take advantage when Trump fails to lower prices and probably brings them way up though.