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Perception vs. Reality of the Economy and Bidenomics
Perception of the economy is terrible, despite stats showing it's not as bad as people think. Biden tried to stop using the term 'Bidenomics' after it failed to resonate. He attacked 'magnomics', referring to MAGA for Trump, but ended up losing ten points to Trump in Nevada. People associate Trump with a time when things were cheaper and the stock market performed better. People tend to oversimplify economic issues and think about past times when gas was cheaper and there was little inflation.