Your criticism of Yellen and Powell's messaging is valid, but I have a very hard time believing that had any impact on this election.
The US fared better than almost industrialized nation post-pandemic. Our inflation is currently under control, unemployment is low, wages are rising. I have a hard time believing that anyone could have handled a hard situation better than the Biden administration. Meanwhile, Trump's stated economic policies (no income tax, make it up with tariffs) are unequivocally bad ideas that would make the prices paid by most Americans far far far higher than what they're paying today.
The overlap between "People who know Jerome Powell and think he did a bad job" and "People who think Trump's fiscal platform will be good for the average American" is close to zero people.
Is it? Because between part time job, gigs, and people falling off unemployment benefits from receiving them too long I don't trust unemployment figures, they are measuring the wrong thing. It seem people work longer hours, for less disposable income overall.
>Trump's stated economic policies (no income tax, make it up with tariffs) are unequivocally bad ideas...
...but they are very good memes, as in units of information that compete for attention. I think we are now, post-2016, in the social media era of elections, where policy content matters far less than policy vibes.
The US fared better than almost industrialized nation post-pandemic. Our inflation is currently under control, unemployment is low, wages are rising. I have a hard time believing that anyone could have handled a hard situation better than the Biden administration. Meanwhile, Trump's stated economic policies (no income tax, make it up with tariffs) are unequivocally bad ideas that would make the prices paid by most Americans far far far higher than what they're paying today.
The overlap between "People who know Jerome Powell and think he did a bad job" and "People who think Trump's fiscal platform will be good for the average American" is close to zero people.