Ever since the crash of 2008, a trend has developed in U.S. election debate: the near complete avoidance of serious discussion about the economy. Ron Paul was the last candidate to attack the subject with any energy, and that was quite a while ago now. The economic decline of our nation is being aggressively ignored, even though it is the most important issue of the past century.
For example, talk about the actions of the Federal Reserve over the past decade has fallen off the radar. Both sides of the aisle love the Fed and both sides are happy to let the central bank print the dollar into oblivion. Both sides have mentioned little or nothing about the current stagflationary wave hitting the country, causing price inflation in many necessities, from food to electricity to rent (except for certain major cities where no one want to live right now). And all examination of globalism and forced interdependency has ceased, even though global interdependency in manufacturing is one of the major causes of supply chain shortages and price inflation right now.
The real unemployment rate remains high, holding at 26.9% when accounting for U-6 measurements. While some jobs have been recovered from the initial COVID lockdown, most of these are part-time, low-wage retail and fast food jobs. The question that might arise during the election is: Which side is more likely to keep the lockdowns going despite the economic disaster they are helping to cause? That award obviously goes to Biden, though the President continues to leave lockdown decisions to state governments, which means they will probably remain an issue regardless of the election outcome.
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