Cherry-picking much? The article critiques economic data methodology across two decades, not just under Democrats. Ludwig literally says both parties have been misled by flawed stats. Twisting that into a 'gotcha' against Dems is just lazy partisanship.
Ludwig’s argument isn’t that the economy was ‘failing’ - it’s that traditional economic indicators don’t fully capture the reality for working- and middle-class Americans. That’s a critique of methodology, not a partisan admission of wrongdoing. And let’s not forget, if experts were truly 'wrong' about everything, then the same skepticism should apply to right-wing media narratives that cherry-pick data to fit their own agenda. The reality is more complicated than ‘experts bad, my gut feelings good.
The sheep will read it and won't look for an opposing viewpoint, they'll read it and take it as gospel like you have to favor their confirmation bias, then upvote you and downvote me into being silenced to embrace the groupthink.
Knowing that, here's some facts:
In 2020, the real GDP contracted by 3.5%, marking the worst performance since 1946.
Unemployment spiked to 14.7% in April 2020, the highest level since the Great Depression, before decreasing to 6.3% by January 2021.
The federal budget deficit expanded to $3.1 trillion in fiscal year 2020, largely due to pandemic-related relief measures.
