Analyzing the state of the U.S. economy before Election Day

CBS News polling shows most voters have long been dissatisfied with U.S. economic conditions. But does perception match reality? Kate Davidson, managing editor for U.S. economic policy for Bloomberg News, joins "America Decides" to discuss.

[floydchusset]

Our economy is like a flailing fish, fighting for its life. The normal state of the U.S. economy is actually very bad. Because of this it goes into convulsive spasms fighting to grow any way it can out of desperation. Tricks, gimmicks, rule changes try to stimulate the economy and prevent it from falling but they only bring temporary relief to people since, when you factor in inflation we are declining.

[fisherjb]

If u think $14.99 a pound for steak & 5.99 a pound for hamburger meat is affordable

[sparkynewman]

A household income of over $100k should not be living paycheck to paycheck still and never getting ahead

[worldlymatters]

This level of propaganda should get you locked up at guantonamo bay.

[joem]

What are you trying to say?
Average Americans purchasing power is 40% lower today than 2020 January!

[Charles-lhb]

They are playing games with the math. If something started out as $5 and in one year went up to $6 and in another $7 then on the final year $7.25 you brag that it only went up $.25.

[Delorean]

Record credit card debt and record number of people working multiple jobs.

[DanielReid-uutr]

They really trying to say the economy is just fine

[copernicus]

The average wage earner is still coping with much higher prices than from 4 years ago- stop the bs.

[denisenoonan]

Look at the increase in credit card debt! That tells you something

[ryanault]

Pretty convenient for prices to drop as Election Day is coming. We’re not fools

[GoMakeSomeSandwhich]

My house costed me about $180k…. Fast forward to now, its market value is about $500k.
Good luck having the American dream now lol

[MikeYurbasovich]

We laid off 26 people so far this year. Lots of people in the news losing their jobs.

[melodyocampo]

How about talking about the almost $36 trillion USA 🇺🇸 debt 💸 then tell us everything is beautiful stop the lying.

[-AK]

Yes the economy is great for billionaires, but not for the average American

[anthonykeller]

This sounds like a grad student trying to convince me that governments don’t need to worry about spending more money than they take in taxes - ever. Teaching Keynesian economics to a someone who had to balance their checkbook every month. Just because the rate of inflation is down doesn’t mean the prices have gone down. My groceries still cost me over twice as much as they did in 2020. Energy is still 75% more expensive.

[AlexFletcher-ih]

Now show Credit Card debt numbers that have hit all time highs. People going into debt for necessities is not a good indicator of economic success. Yes this has been a great economy for those with assets but not for the majority of Americans.

[Zelousfear]

Oh, look at that. They think so highly of you that it's just a mattr of time before you forget you can't afford anything, dummies.

[charlespeterson]

We work hard to have nothing. Inflation has been going up for years but pay has stayed the same. The economy is doing well, but pay has been the same. Pay has not increased for ten years despite what these people say.

[AlanBaum]

Prices for farm commodities, equipment, and supplies went up 50% since covid. Now commodity prices are back down, to nearly what they were, but our costs remain just as high. Prices in the grocery store are still up. Shrinkflation is also evident. Farmers can't set their price, and we are getting the squeeze, and no one is talking about it.