{"id":2108793,"date":"2023-11-27T12:49:01","date_gmt":"2023-11-27T17:49:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-white-houses-black-friday-spin-cant-blind-voters-to-our-bad-economy\/"},"modified":"2023-11-27T12:54:56","modified_gmt":"2023-11-27T17:54:56","slug":"the-white-houses-black-friday-spin-cant-blind-voters-to-our-bad-economy","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-white-houses-black-friday-spin-cant-blind-voters-to-our-bad-economy\/","title":{"rendered":"White House&#8217;s Black Friday spin can&#8217;t hide voters&#8217; awareness of our struggling economy"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">26<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fthe-white-houses-black-friday-spin-cant-blind-voters-to-our-bad-economy%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2108793&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"article-content\">\n<h2 class=\"wp-block-heading\">Americans Remain Skeptical Despite Black Friday Spending Surge<\/h2>\n<p>When data showing consumers spent \u200c <a href=\"https:\/\/nypost.com\/2023\/11\/25\/business\/black-friday-spending-hits-online-record-shoppers-avoid-crowds\/\" target=\"_blank\" rel=\"noreferrer noopener\">7.5 percent more<\/a> this Black Friday \u200dthan they did \u2063last year debuted days after Americans \u2064partook\u200b in <a href=\"https:\/\/thefederalist.com\/2023\/11\/20\/thanks-to-bidenflation-the-cost-of-your-familys-thanksgiving-meal-is-still-outrageously-high\/\" target=\"_blank\" rel=\"noreferrer noopener\">pricey Thanksgiving feasts<\/a>, the White House and its allies pounced on the buying frenzy as an opportunity to boost its \u201cBidenomics\u201d talking points. Polling, however, shows no amount of trickery by the\u2062 Biden administration, Big Tech, or bozos in the media will convince Americans that their wallets are safe.<\/p>\n<p>Council of Economic Advisers Chair Jared Bernstein <a href=\"https:\/\/www.foxbusiness.com\/economy\/biden-economic-adviser-points-inflation-jobs-trends-good-signs-despite-voters-dissatisfaction\" target=\"_blank\" rel=\"noreferrer noopener\">claimed<\/a> in a Sunday TV interview that Americans\u2019 holiday spending habits are \u201cdriving the economy forward.\u201d<\/p>\n<div class=\"fdrlst__b89e9-paragraph-2-long d-flex justify-content-center\" style=\"margin-left: auto; margin-right: auto; text-align: center; \" id=\"fdrlst__b89e9-1831117112\">\n<div id=\"div-gpt-ad-1379703300879-0\" class=\"mb-30\"><\/div>\n<\/div>\n<div class=\"fdrlst__b89e9-3fd5502fcc023ae9a5ea393e76c603ab fdrlst__b89e9-paragraph-2\" id=\"fdrlst__b89e9-3fd5502fcc023ae9a5ea393e76c603ab\"><\/div>\n<p>\u201cWe are moving in the right \u2064direction. We\u2019ve got more \u200dwork to do for it to reach average Americans, who by the way, \u2063are\u200b telling us through their consumer behavior that they\u2019re <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/breaking-conservative-radio-icon-rush-limbaugh-dies-at-70-after-battle-with-cancer\/\" title=\"BREAKING: Conservative Radio Icon Rush Limbaugh Dies At 70 After Battle With Cancer\">feeling pretty good<\/a> about their own financial\u200b conditions,\u201d Bernstein \u2064insisted.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<span class=\"npdEGPMZW2jCi83AOck6KhgvqzYe4D5bFtwSRrsL0uXBlyIJxNmf9ToQ17VUa\"><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Economic advisor Jared Bernstein claims that \u2064&#8221;We are moving in the\u200c right direction&#8221; and average Americans &#8220;are telling us through their consumer behavior that they&#8217;re \u2062feeling pretty good about their own financial conditions.&#8221; <a href=\"https:\/\/t.co\/El6gfiFN7R\">pic.twitter.com\/El6gfiFN7R<\/a><\/p>\n<p>\u2014 The Post Millennial (@TPostMillennial) <a href=\"https:\/\/twitter.com\/TPostMillennial\/status\/1728937676236095992?ref_src=twsrc%5Etfw\">November 27, 2023<\/a>\n<\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/span>\n<\/div>\n<\/figure>\n<p>Corporate media headlines also <a href=\"https:\/\/www.cnbc.com\/2023\/11\/25\/black-friday-shoppers-spent-a-record-9point8-billion-in-us-online-sales-up-7point5percent-from-last-year.html#:~:text=Black%20Friday%27s%20spending%20spike%20reflects,sales%20came%20from%20mobile%20shopping.\" target=\"_blank\" rel=\"noreferrer noopener\">boasted<\/a> of the increase in Black Friday \u2062spending as proof that Americans are \u201cmore willing \u200cto spend\u200c than in <a href=\"https:\/\/www.cnbc.com\/2023\/01\/25\/inflation-is-cooling-but-high-prices-will-stick-around.html\" target=\"_blank\" rel=\"noreferrer noopener\">2022<\/a>, \u2062when gas and food\u2064 prices were painfully high.\u201d<\/p>\n<p>\u201cThe consumer is back,\u201d The New York Times triumphantly <a href=\"https:\/\/www.nytimes.com\/2023\/11\/27\/business\/dealbook\/black-friday-economy-inflation.html\" target=\"_blank\" rel=\"noreferrer noopener\">declared<\/a> in its DealBook\u2062 newsletter.<\/p>\n<p>\u201cBlack Friday and today\u2019s Cyber Monday shopping bonanzas hold outsize political significance this year with the retailing events emerging as key recession <em>and<\/em> inflation indicators,\u201d the publication added.<\/p>\n<div class=\"fdrlst__b89e9-f9fa8175494cc96ed4db05f530f4077f fdrlst__b89e9-paragraph-6\" id=\"fdrlst__b89e9-f9fa8175494cc96ed4db05f530f4077f\"><\/div>\n<p>But even the propagandists at the Times couldn\u2019t help but wonder if \u2064the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/buckle-up-for-lame-duck-congressional-democrats-holiday-spending-spree\/\" title=\"Buckle Up For Lame-Duck Congressional Democrats\u2019 Holiday Spending Spree\">holiday spending spree<\/a> is sustainable enough \u2064\u201cto\u2063 save retailers\u2019 Christmas and keep the U.S. economy from contracting or even\u00a0plunging into recession?\u201d<\/p>\n<p>Approximately <a href=\"https:\/\/www.cnbc.com\/2023\/11\/25\/black-friday-shoppers-spent-a-record-9point8-billion-in-us-online-sales-up-7point5percent-from-last-year.html\" target=\"_blank\" rel=\"noreferrer noopener\">$79 million of the $9.8 billion sales \u2063recorded<\/a> on the infamous discount day were purchased \u200busing \u201cbuy now, pay later\u201d\u200b options. The 47 percent increase in\u200b the use of flexible payment options suggests that Americans,\u200b who technically shelled out more on Black Friday purchases in 2023 than they did last year, still find it difficult to pay for those purchases in full.<\/p>\n<p>Even with the promise of steep discounts\u200d and bargains, many consumers\u200b are too tied up buying food, gas, and other essentials, which become pricier nearly every month, to squander their \u200dincome over one holiday weekend. Instead, buyers will rely on credit cards, which recently <a href=\"https:\/\/www.cnbc.com\/2023\/11\/07\/credit-card-balances-jump-to-1point08-trillion-record-how-we-got-here.html\" target=\"_blank\" rel=\"noreferrer noopener\">reached a record $1 trillion debt total<\/a>, to support\u2062 their annual overspending.<\/p>\n<h2 class=\"wp-block-heading\">Blame Game<\/h2>\n<p>Biden\u2019s economic adviser closed out his Sunday sitdown by declaring \u201cWe are moving \u2063on the right track.\u201d\u200c But Americans overwhelmingly say the country\u2064 under the \u2062Democrat regime is <a href=\"https:\/\/thehill.com\/blogs\/blog-briefing-room\/4256371-most-us-adults-say-country-heading-wrong-direction\/\" target=\"_blank\" rel=\"noreferrer noopener\">headed down the wrong track<\/a>. Voters\u2019 frustrations\u200c about Biden largely center on his handling of \u2063the economy.<\/p>\n<div class=\"fdrlst__b89e9-4e0d76006b4706a49e451a2cc9b124f0 fdrlst__b89e9-paragraph-10\" id=\"fdrlst__b89e9-4e0d76006b4706a49e451a2cc9b124f0\"><\/div>\n<p>There\u2019s no doubt that American families\u2019 financial \u2063predicaments are worsening. In October, 60 percent of American adults admitted that they are living <a href=\"https:\/\/www.cnbc.com\/2023\/11\/20\/60percent-of-americans-live-paycheck-to-paycheck-before-the-holidays-study.html?utm_content=Main&#038;utm_medium=Social&#038;utm_source=twitter%7Cmain\" target=\"_blank\" rel=\"noreferrer noopener\">paycheck to paycheck<\/a>. <a href=\"https:\/\/www.ipsos.com\/en-us\/registered-voters-are-feeling-pessimistic-about-state-us-economy\" target=\"_blank\" rel=\"noreferrer noopener\">Nearly half<\/a> of U.S. voters said they blame \u200cBiden for their bare pocketbooks.<\/p>\n<p>The White House\u2062 is unashamedly scrambling \u200cto cover up \u2062inflation\u2019s steady year-over-year\u200b climb and explain President <a href=\"https:\/\/www.nbcnews.com\/politics\/2024-election\/poll-bidens-standing-hits-new-lows-israel-hamas-war-rcna125251\" target=\"_blank\" rel=\"noreferrer noopener\">Joe Biden\u2019s plummeting \u200cpoll numbers<\/a> but its lies did not land well with Americans.<\/p>\n<p>\u201cGovernment data \u2062reports that show easing inflation are cold comfort, because they simply indicate prices are growing at a slower pace, not that they are returning to early 2020 levels,\u201d \u2063Bloomberg <a href=\"https:\/\/archive.is\/2kcgQ#selection-2677.0-2677.192\" target=\"_blank\" rel=\"noreferrer noopener\">warned<\/a> in a recent economic analysis.<\/p>\n<p>After \u2062corporate media like <a href=\"https:\/\/www.foxnews.com\/media\/the-atlantic-explains-why-americans-hate-good-economy-bidens-polling-sours\" target=\"_blank\" rel=\"noreferrer noopener\">The Atlantic<\/a> tried and failed to convince Americans that inflation was <a href=\"https:\/\/thefederalist.com\/2023\/09\/13\/as-inflation-spikes-again-biden-and-medias-boasts-about-record-price-hikes-cooling-are-offensive-as-ever\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u201ccooling,\u201d<\/a> the president\u2019s \u200bstrategists are <a href=\"https:\/\/twitter.com\/ByronYork\/status\/1728750793577087233\" target=\"_blank\" rel=\"noreferrer noopener\">turning to Big Tech\u200c censors<\/a> to help\u2063 with the \u201cBidenomics\u201d narrative cleanup.<\/p>\n<p>In a Washington Post article lamenting complaints about a <a href=\"https:\/\/www.tiktok.com\/@topherolive\/video\/7179658803867077934?embed_source=121355058%2C121351166%2C121331973%2C120811592%2C120810756%3Bnull%3Bembed_blank&#038;refer=embed&#038;referer_url=www.washingtonexaminer.com%2Fnews%2Fbusiness%2Ftiktoker-mcdonalds-meal-cost-over-16&#038;referer_video_id=7179658803867077934\" target=\"_blank\" rel=\"noreferrer noopener\">viral $16 McDonald\u2019s meal<\/a> as just \u201cone of many \u2062exaggerated examples of the nation\u2019s economic woes,\u201d one Biden\u200b official <a href=\"https:\/\/www.washingtonpost.com\/business\/2023\/11\/24\/bigmac-price-tiktok-biden-economy-inflation\/\" target=\"_blank\" rel=\"noreferrer noopener\">admitted<\/a> \u200c that the White House is \u201cworking with TikTok creators to tell \u2064positive stories\u200d of Biden\u2019s \u2064economic stewardship, while also working with <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/the-new-acting-attorney-general-jeff-rosen-recently-wrote-an-essay-on-foreign-influence-in-us-elections-this-tells-us-a-little-about-his-knowledge-of-whats-going-on-today\/\" title=\"The New Acting Attorney General Jeff Rosen Recently Wrote an Essay on Foreign Influence in US Elections \u2013 This Tells Us A Little About His Knowledge of What\u2019s Going On Today\">social media platforms<\/a> to counter misinformation.\u201d<\/p>\n<p>A plurality of voters say the economy \u2062is their <a href=\"https:\/\/archive.is\/DUqfv\" target=\"_blank\" rel=\"noreferrer noopener\">top issue<\/a> going into the 2024 presidential election so it should come as\u2063 no surprise \u200dthat that the Biden administration, which has a track record of <a href=\"https:\/\/thefederalist.com\/2023\/10\/23\/supreme-court-temporarily-green-lights-biden-admin-conspiring-with-big-tech-censors\/\" target=\"_blank\" rel=\"noreferrer noopener\">colluding<\/a> with Big Tech companies to censor information ahead of elections, will do everything \u2063in its power\u200b to manipulate economic pessimism in coming months.<\/p>\n<div class=\"fdrlst__b89e9-8e308c0fffbb4aa514b822866018a2e0 fdrlst__b89e9-after-post-content\" id=\"fdrlst__b89e9-8e308c0fffbb4aa514b822866018a2e0\"><\/div>\n<hr class=\"wp-block-separator\">\n<\/div>\n<p> <\/p>\n<h2> How does the recent Black Friday spending surge in the \u2063United States contradict Americans&#8217; skepticism about their financial situation?<\/h2>\n<p><span>  Americans Remain Skeptical Despite Black Friday Spending Surge<\/p>\n<p>The recent Black Friday\u2064 spending surge in the United States has not convinced Americans that\u200d their financial situation is \u200cimproving. Despite claims by \u200bthe White House and media outlets, polling shows\u2062 that the majority of Americans remain skeptical about the \u2063state \u200dof their\u200c wallets.<\/p>\n<p>According to\u200c data, consumers spent 7.5 percent more this Black Friday compared to last year. However, this increase in \u200cspending\u200c comes \u200cright \u2064after Americans \u200ccelebrated\u200b Thanksgiving with expensive\u2064 feasts, which\u2064 has left many skeptical about\u2063 the state\u2064 of their finances.<\/p>\n<p>Jared Bernstein, Chair\u200b of the Council of\u2062 Economic Advisers, claimed that Americans\u2019\u2064 holiday spending habits \u200dare driving the\u200d economy forward. He argued that consumers&#8217; behavior indicates that they feel good \u2063about their financial conditions. However, many Americans\u200b don&#8217;t\u200d share this sentiment.<\/p>\n<p>Corporate \u2064media headlines have also\u200d boasted about \u200dthe \u2063increase in Black Friday spending as proof that Americans are\u2064 more \u2063willing to spend compared to last year, when gas \u2062and food prices were \u200dhigh. However, even\u2064 media outlets like\u2064 The New York Times wonder\u200d if the holiday spending\u2064 spree is sustainable enough to\u2063 save retailers&#8217; Christmas and prevent the\u2064 US \u2063economy from contracting. The skepticism\u200b is fueled by the fact that \u2063a significant\u2063 portion of sales were made\u200c using\u200d &#8220;buy now, pay later&#8221; options.<\/p>\n<p>The financial predicaments faced by \u2064American \u200bfamilies are worsening, with many living paycheck to paycheck. A majority\u200b of American adults admit that they are struggling financially. Nearly half of US voters blame President Biden for their financial struggles. The White House is trying\u2063 to cover up the steady rise in inflation and explain Biden&#8217;s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/kellyanne-conway-fires-at-biden-over-unprecedented-removal-from-military-academy-board\/\" title=\"Kellyanne Conway Fires At Biden Over Unprecedented Removal From Military Academy Board\">plummeting poll numbers<\/a>, but these \u2064efforts \u2064have\u2062 not \u200dbeen well-received by the public.<\/p>\n<p>Government data showing easing inflation has been met\u2063 with skepticism, as it only indicates that prices are growing at a slower pace,\u200c not that they are returning \u200dto \u2062<a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/south-dakota-lowers-unemployment-to-pre-pandemic-levels-after-state-rejected-lockdowns\/\" title=\"South Dakota Lowers Unemployment to Pre-Pandemic Levels After State Rejected Lockdowns\">pre-pandemic levels<\/a>. The media&#8217;s attempts to convince Americans that\u200d inflation\u2063 is under control have failed.<\/p>\n<p>In conclusion, despite the increase in Black Friday spending, Americans\u200c remain skeptical\u2062 about their financial well-being. Polling shows that\u200c they don&#8217;t believe their wallets are\u2063 safe and\u2062 that the \u2062economy is moving in the right \u2064direction. The\u200d skepticism is fueled\u2063 by rising inflation, increasing living expenses, and President Biden&#8217;s\u200d handling of the economy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Administration can hide the fact that Americans are feeling the pinch of rising inflation and higher prices. Despite the attempt to spin the Black Friday spending as a positive sign, public opinion remains skeptical of the economic policies being implemented<\/p>\n","protected":false},"author":490,"featured_media":2108794,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[546],"tags":[],"class_list":["post-2108793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-federalist"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2108793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/490"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2108793"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2108793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2108794"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2108793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2108793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2108793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}