he discounts it, saying instead “the economy is great!”
When neoliberals and republicans talk about “the economy” the average American just doesn’t matter. We don’t have enough wealth to be a rounding error in this discussion, even all of us combined isn’t significant at that scale.
It’s about the giant corporations that squeeze money from the citizens. People can’t buy shit anymore, but corporations keep posting record profit, so the economy says everything is great and to double down.
They think they’re right, but they’re using the metrics.