So that’s a no?chatgpt.com
Does MAGA appreciate how good the economy is right now? The inauguration isn’t for another 73 days
- Thread starter ☑︎#VoteDemocrat
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Last edited:
1/21
@nhannahjones
Economic anxiety?
White unemployment rate: 3.2 percent
Black unemployment rate: 6.3 percent
Highest white unemployment rate in the nation: California at 4.8 percent (The highest white unemployment is lower than the average unemployment rate for Black Americans)
Highest Black unemployment rate in the nation: Kentucky at 11.3
White homeownership rate: 74.2
Black homeownership rate: 45.7
The 28-point gap is wider than it was during legal segregation
Black poverty rate: 20.6
White poverty rate: 9.5
Average student loan debt
White borrowers: $46,000
Black borrowers: $53,000
Wealth gap between white and Black Americans is $172,000, the widest it's been since 2007.
Black families are the most impacted by inflation.
Percent of Black households that experience food insecurity: 21 percent
Percent of white households that experience food insecurity: 8 percent
https://www.epi.org/indicators/stat...-gallery/gallery/chart-detail/?chartId=108925
2024 Q2 | State Unemployment by Race and Ethnicity
https://www.urban.org/policy-center...s://fred.stlouisfed.org/series/NHWAHORUSQ156N
Poverty Rate for the Black Population Fell Below Pre-Pandemic Levels
Poverty Rate by Race/Ethnicity | KFF
Student Loan Debt by Race [2024]: Analysis of Statistics
https://libertystreeteconomics.newy...evidence that during,early 2021 and June 2022.
https://www.cnn.com/2022/06/28/us/black-families-inflation/index.html
https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=108925
2/21
@nhannahjones
There was no single factor that led the majority of white Americans and by some measures half or more than half of Latinos to vote for Trump, but to put the emphasis on economic anxiety as the primary factor is just too easy and speaks to a need to justify this vote.
Black Americans are the base of the Democratic Party, they are heavily working-class despite the narrative about a working-class revolt leading to Trump. Despite Black Americans being amongst the most economically vulnerable people in the nation, and despite them facing conditions that by some measures have worsened, 90 percent did not vote for Trump. They did not succumb to Trump's messaging about immigrants taking Black jobs and so vote for a man threatening to round up millions and put them in camps. They did not, though many are socially conservative, succumb to his scapegoating of transpeople. They were not willing to trade rights and democracy for a better chance at buying a house. When we get to the why of this, it helps us understand how we got here. The experience of class in America is racialized, and not just for Black people. Demographic anxiety leads those who are used to ascending to feel as if they are losing something, even when they aren't.
As I always say, Black Americans are so inconvenient to the American narrative. But we have to grapple with the realities if we are to come out of this. There are reasons a majority of white Americans were the most susceptible to Trump's xenophobic, misogynistic campaign, and we can't get to the truth of it by deluding ourselves.
3/21
@nhannahjones
Citations:
2024 Q2 | State Unemployment by Race and Ethnicity
https://www.urban.org/policy-center...er/projects/reducing-racial-homeownership-gap
https://fred.stlouisfed.org/series/NHWAHORUSQ156N
Poverty Rate for the Black Population Fell Below Pre-Pandemic Levels
Poverty Rate by Race/Ethnicity | KFF
Student Loan Debt by Race [2024]: Analysis of Statistics
https://libertystreeteconomics.newy...evidence that during,early 2021 and June 2022.
https://www.cnn.com/2022/06/28/us/black-families-inflation/index.html
https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=108925
4/21
@ChaniM1977
Reminder, wealth ≠ income.
5/21
@nhannahjones
I cited 8 different economic measures. White median household income is $89,500. Black median household income is $56,490, so can you explain what point you were attempting to make? Also, real median household income rose last year for the first time since 2019.
6/21
@Vital_Vibration
Having a job and being able to afford rent, gas and groceries are not the same thing.
7/21
@suzieqeue
It’s bullshyt. White men and women can’t bring themselves to vote for a woman of color.
8/21
@obareyna
Yes, economic anxiety. This election was won on the current framing of the economy and its future.
Data is one thing. People’s lived experience is another.
Want to win elections? We have to start talking in simple terms about policies that put money back in people’s pockets.
9/21
@rachelbusygrl
Isn't part of the problem that people are choosing to ignore the facts & instead rely on what GOP has been telling them instead? Similar to ppl thinking crime is up when all the stats show that crime is down?
10/21
@SageHillfarms
I was in a huge Cheesecake Factory restaurant in MD on Saturday. It was full. No one seems to be staying home because of economic anxiety.
11/21
@Christopher_TC
“Economic anxiety” is just an excuse to be racist.
12/21
@SardonicNeutral
Low unemployment is good, but it can also mean people having to work multiple jobs at lower wages. You can be working 80hrs/w in some places and barely breaking $60k.
I don't get the economic raspberry here, but low employment isn't logical or reasonable as a metric.
13/21
@nhannahjones
I listed 8 metrics.
14/21
@threadreaderapp
Your thread is very popular today! /search?q=#TopUnroll https://threadreaderapp.com/thread/1856081193067794799.html?utm_campaign=topunroll
@BrooksVault for 
unroll
15/21
@KyrstensCloset
Related:
[Quoted tweet]
‘Am I Out of Touch? No, It’s the Voters Who Are Wrong’: Will Stancil Takes to Twitter to Pronounce 'Working-Class Voters Don’t Appreciate How Good They Have It Funding Record Corporate Profits'
16/21
@SHarlan48537
THAT IS WHAT THEY WANT!
17/21
@crypt_osho
According to AP, 16% of black voters supported Trump this time vs 8% in 2020. There was a broad a diverse switch to Trump and lots of low propensity voters turned out, points to something salient like inflation (which is what they say they voted on).
18/21
@Tylerart1337
People don't feel good and it's not their imagination
We've experienced high Inflation & interest rates
Not having a savings account to cover a 400 dollar expense
Constantly being afraid of lay offs or automated
Homeownership looking harder and harder to obtain
19/21
@AngelaFernThom1
20/21
@rrh246
Thank you for the info. The link does not work.
21/21
@CeeSav1
But eggs will be cheaper, they say
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
@nhannahjones
Economic anxiety?
White unemployment rate: 3.2 percent
Black unemployment rate: 6.3 percent
Highest white unemployment rate in the nation: California at 4.8 percent (The highest white unemployment is lower than the average unemployment rate for Black Americans)
Highest Black unemployment rate in the nation: Kentucky at 11.3
White homeownership rate: 74.2
Black homeownership rate: 45.7
The 28-point gap is wider than it was during legal segregation
Black poverty rate: 20.6
White poverty rate: 9.5
Average student loan debt
White borrowers: $46,000
Black borrowers: $53,000
Wealth gap between white and Black Americans is $172,000, the widest it's been since 2007.
Black families are the most impacted by inflation.
Percent of Black households that experience food insecurity: 21 percent
Percent of white households that experience food insecurity: 8 percent
https://www.epi.org/indicators/stat...-gallery/gallery/chart-detail/?chartId=108925
2024 Q2 | State Unemployment by Race and Ethnicity
https://www.urban.org/policy-center...s://fred.stlouisfed.org/series/NHWAHORUSQ156N
Poverty Rate for the Black Population Fell Below Pre-Pandemic Levels
Poverty Rate by Race/Ethnicity | KFF
Student Loan Debt by Race [2024]: Analysis of Statistics
https://libertystreeteconomics.newy...evidence that during,early 2021 and June 2022.
https://www.cnn.com/2022/06/28/us/black-families-inflation/index.html
https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=108925
2/21
@nhannahjones
There was no single factor that led the majority of white Americans and by some measures half or more than half of Latinos to vote for Trump, but to put the emphasis on economic anxiety as the primary factor is just too easy and speaks to a need to justify this vote.
Black Americans are the base of the Democratic Party, they are heavily working-class despite the narrative about a working-class revolt leading to Trump. Despite Black Americans being amongst the most economically vulnerable people in the nation, and despite them facing conditions that by some measures have worsened, 90 percent did not vote for Trump. They did not succumb to Trump's messaging about immigrants taking Black jobs and so vote for a man threatening to round up millions and put them in camps. They did not, though many are socially conservative, succumb to his scapegoating of transpeople. They were not willing to trade rights and democracy for a better chance at buying a house. When we get to the why of this, it helps us understand how we got here. The experience of class in America is racialized, and not just for Black people. Demographic anxiety leads those who are used to ascending to feel as if they are losing something, even when they aren't.
As I always say, Black Americans are so inconvenient to the American narrative. But we have to grapple with the realities if we are to come out of this. There are reasons a majority of white Americans were the most susceptible to Trump's xenophobic, misogynistic campaign, and we can't get to the truth of it by deluding ourselves.
3/21
@nhannahjones
Citations:
2024 Q2 | State Unemployment by Race and Ethnicity
https://www.urban.org/policy-center...er/projects/reducing-racial-homeownership-gap
https://fred.stlouisfed.org/series/NHWAHORUSQ156N
Poverty Rate for the Black Population Fell Below Pre-Pandemic Levels
Poverty Rate by Race/Ethnicity | KFF
Student Loan Debt by Race [2024]: Analysis of Statistics
https://libertystreeteconomics.newy...evidence that during,early 2021 and June 2022.
https://www.cnn.com/2022/06/28/us/black-families-inflation/index.html
https://www.ers.usda.gov/data-products/chart-gallery/gallery/chart-detail/?chartId=108925
4/21
@ChaniM1977
Reminder, wealth ≠ income.
5/21
@nhannahjones
I cited 8 different economic measures. White median household income is $89,500. Black median household income is $56,490, so can you explain what point you were attempting to make? Also, real median household income rose last year for the first time since 2019.
6/21
@Vital_Vibration
Having a job and being able to afford rent, gas and groceries are not the same thing.
7/21
@suzieqeue
It’s bullshyt. White men and women can’t bring themselves to vote for a woman of color.
8/21
@obareyna
Yes, economic anxiety. This election was won on the current framing of the economy and its future.
Data is one thing. People’s lived experience is another.
Want to win elections? We have to start talking in simple terms about policies that put money back in people’s pockets.
9/21
@rachelbusygrl
Isn't part of the problem that people are choosing to ignore the facts & instead rely on what GOP has been telling them instead? Similar to ppl thinking crime is up when all the stats show that crime is down?
10/21
@SageHillfarms
I was in a huge Cheesecake Factory restaurant in MD on Saturday. It was full. No one seems to be staying home because of economic anxiety.
11/21
@Christopher_TC
“Economic anxiety” is just an excuse to be racist.
12/21
@SardonicNeutral
Low unemployment is good, but it can also mean people having to work multiple jobs at lower wages. You can be working 80hrs/w in some places and barely breaking $60k.
I don't get the economic raspberry here, but low employment isn't logical or reasonable as a metric.
13/21
@nhannahjones
I listed 8 metrics.
14/21
@threadreaderapp
Your thread is very popular today! /search?q=#TopUnroll https://threadreaderapp.com/thread/1856081193067794799.html?utm_campaign=topunroll
@BrooksVault for unroll15/21
@KyrstensCloset
Related:
[Quoted tweet]
‘Am I Out of Touch? No, It’s the Voters Who Are Wrong’: Will Stancil Takes to Twitter to Pronounce 'Working-Class Voters Don’t Appreciate How Good They Have It Funding Record Corporate Profits'
16/21
@SHarlan48537
THAT IS WHAT THEY WANT!
17/21
@crypt_osho
According to AP, 16% of black voters supported Trump this time vs 8% in 2020. There was a broad a diverse switch to Trump and lots of low propensity voters turned out, points to something salient like inflation (which is what they say they voted on).
18/21
@Tylerart1337
People don't feel good and it's not their imagination
We've experienced high Inflation & interest rates
Not having a savings account to cover a 400 dollar expense
Constantly being afraid of lay offs or automated
Homeownership looking harder and harder to obtain
19/21
@AngelaFernThom1
20/21
@rrh246
Thank you for the info. The link does not work.
21/21
@CeeSav1
But eggs will be cheaper, they say
To post tweets in this format, more info here: https://www.thecoli.com/threads/tips-and-tricks-for-posting-the-coli-megathread.984734/post-52211196
Last edited:
newworldafro
DeeperThanRapBiggerThanHH
According to many economists and financial analysts, the economy is sitting on wooden stilts and a platform with godzilla sleeping on it. Hell Ron Paul was talking about this decades ago. This aint new information, it's just that the problem has mutated and grown worse.
With $30T in debt, dollar loosing it's global robustness it's only a matter of time till the rug is pulled from under the stilts.
Trump will inherit what has been loaded upon him from decades of aggregated fiscal ineptitude, but definitely in the past 23 years.
What Cheeto does will impact, but tough decisions will have to be made either way.
With $30T in debt, dollar loosing it's global robustness it's only a matter of time till the rug is pulled from under the stilts.
Trump will inherit what has been loaded upon him from decades of aggregated fiscal ineptitude, but definitely in the past 23 years.
What Cheeto does will impact, but tough decisions will have to be made either way.
Last edited:
MFs named Big White calling people c00ns
