@@straighter100(You’re*) And this was relatively well put together. When you learn how to spell i will respect your input. I bet you one day this will have 1 million views+
14:40 the chard is political media bias and misleading quite a bit: Here are the numbers for unauthorized border crossings at the U.S.-Mexico border over the last 8 fiscal years, based on available data: 2024 (Fiscal Year, through June): 1.44 million encounters. 2023: 2.78 million encounters. 2022: 2.76 million encounters. 2021: 1.96 million encounters. 2020: Approximately 647,000 encounters. 2019: Around 1.14 million encounters. 2018: About 521,000 encounters. 2017: Approximately 415,000 encounters.
When men under 30 are now earning less than woman their age and graduating at significantly lower rates and only one side is even talking about it, how are people surprised when they vote for that party? Thanks for acknowledging this factor.
I think it's even deeper than that. It's a little crazy that some people hasn't even realized the pendulum swing that hard, the other day I saw a bunch of "women's initiatives and gender equality talking points" on a company's website career section of where 80%-ish of employees were women already, and they explicitly said it wasn't enough and they wanted even more women under the excuse of gender equality!
@@jchud13It’s the hypocrisy. Were the genders flipped there’d be lawsuits, wailing and gnashing of teeth. Casual misandry isn’t going to win anyone an election.
your rent keeps going up because of the thousands of local governments that enacted zoning laws and planning boards. abolishing these is the key to bringing down costs
6:39 This annoyed me, that the economy 'is' strong, but people 'feel' poor, as though the strength of the economy was more objective or real than people's poverty. Poor people ARE poor. There is a big difference between 'the economy doing well' and 'people in the economy doing well', its about GINI, its about wages vs shareholder returns. Unfortunately many economists aren't aware of this and Democrats are so beholden to the cult of shareholder value that their only answer is to reduce tax rates on poorer people without even mentioning wages.. EDIT: The video got better :)
Essentially people with stock investments are doing okay. If you are not in that class of people, then you are feeling the pain. The elites like Kyla downplay the pain the lower class is feeling because they are insulated
My rent went up over 50% over 3 years. Income went up less than 25%. I dont care that it has stopped going up. That does not improve my economy relative to 4 years ago.
If you’d watched the video you’d know the president has nothing to do with that. It was a little bit more demand than supply, but mostly price gouging by the monopolies. She goes onto say police’s set forth by Kamala were favored among republicans if they didn’t know who the candidate was who proposed it.
Kyla you might be the best economics presenter/teacher anywhere online. These videos are honestly SO engaging to listen to. Nice job. Good presentation.
@@KylaScanlon Your circus is full of monkeys. Please look into REAL econmists like @SteveKeen and @GarysEconomics. Maybe you could interview them if you are willing to listen to reality.
Real wage growth is the only economic number that matters to most people. Real wage growth was negative under Biden from 2021 to May 2023. Also, just because they tried to change the definition of a recession, doesn't mean we didn't go through one during 2022. The nation’s GDP fell 1.6 percent on an annualized basis in first quarter 2022 and was followed by a 0.9 percent drop in the second quarter. That's a textbook definition recession.
"Inflation's down, not prices" This is the most important part, they only thing that matters is how much money people lose every week just to live. The people who control the money will NEVER lower prices unless they are forced too. My rent has been raised 3 times in three years but has NEVER EVER IN MY ENTIRE LIFE been lowered!
Just be careful where you get your news from, try to eliminate the bias from both sides as much as you can and check multiple sources. That’s how it gets easier
You are probably a hard worker and you understand at least sub-conciously that you don't enjoy the all fruits of your labor. All you need to know is that there are more hard-working poor than there are bankers and CEOs.
You made a great point on how people just aren't very well informed in the policies of each candidate. Especially when you shared that poll that showed people like Harris' policies over Trump's in the blind polling. It's crazy how much people just don't look at these policies. Like my family thinks Trump's policies will help them, and they don't know how harmful things like tariffs can be on the consumer. Another common talking point I keep hearing (especially form friends and family) is how the democrats keep sending money to foreign countries like Ukraine and Israel, but I don't think they really know that we're sending old weapons that are equal to the aid amount said (so 1 billion in aid mean we're sending mostly old weapons that are collectively equal to 1 billion).
It's not a vibecession. It is a recession! Most people are struggling, it doesn't matter what the rich like @KylaScanlon think, we can see it with our eyes.
@@0ThrowawayAccount0 most of what she's talking about is stuff we knew before the election, i.e. Trump's and Harris' economic policies... and she's been talking about the vibecession for years.
This video ignores Harris's poor economic policy and how many of her policies also lacked nuance. I think you should revise your statement to be, "I wished the UA-camr made Kamala Harris ads".
Love your videos! Your shorts are a bit too fast for me though. But thats understandable considering the amount of information you need to fit in them.
HeyhayU......deceptive deceiver the one who hides in darkness who desires DEATH DESTRUCTION some weird twisted fantasy mind cock....... Suck it up. Suit? Is that all u got?😅
@harrisjm62 Trump already had been in office for 4 years, he is a great business man and understands the economy very well, I would say with all that experience he will do great
I watched the whole video. I am a fairly moderate, right leaning person, and I really feel you missed the core aspects of why Trump won. The kind of people, the leaders with the kinds of mindsets who make the policies result in why it's so much harder and costly to build green energy in California rather than Texas are exactly the kind of people that the democrat party embraces. They are exactly the kind of person that Kamala Harris is. Here in Portland Oregon, these kinds of people have spent over $500 million to deal with homelessness, and the problem is worse. Businesses have fled downtown portland, and you can't go downtown without seeing someone defecate in public or act violently. I know, I'm downtown all the time. You are missing the forest for the trees.
It's pretty biased when she starts talking about crime statistics and saying crime has gone down when it hasn't. Over here in Philadelphia, I had a guy shoot someone in the back.
I know people say that "inflation affects everyone, whereas unemployment only affects some people" and that's supposedly why so many people were so angry this year, but the thingi is unemployment does affect everyone too. It makes it harder to job hop, takes away your power, leaves you more and more at the mercy of your employer, even if you are able to keep your job. It creates a culture of fear. Maybe people just don't consciously realize how unemployment affects them as much as they realize how inflation affects them. That's possible, but honestly, I think your explanation for why so many people were mad about the economy is better: the government gave and then took away a lot of assistance people really liked from the pandemic. Also the pandemic itself somewhat broke people's brains, and I think the constant heatwaves the last couple years have melted our brains a bit too. Everything just seems dire and end-of-timesy...I kinda think that makes people want to climb the hierarchy more viciously and push other people down.
This was the best explanation of the disparity between data and people's feelings I could ever hope for. Ty for making sense of this (and in a level that even a dumdum can understand)!
There is a ton of anti government propaganda about it being to do big good things. This has been pushed from the capitalist class because government is the one place where democracy (no matter how flawed) happens and has potential to grow. The capitalists in a true democracy have the same power as you.
anyone who didn't own a house by 2021 is effectively locked out of the current market (unless they are far above average earners). Will Trump fix this? I will press x to doubt on that one
I wonder how much more you would need to earn above the average to be one of the few to buy a home. I’m 26. I was 23 in 2021 There is no hope is there?
Why are you parroting the Phillips Curve? It was debunked in the 70s when we experienced stagflation. It’s easy to come across as economically literate when putting graphs and statistics on the screen. But you misunderstand how inflation and prices work. Monetary policy is set by the Federal Reserve, an institution that has devalued our currency. Wealthy people favor Keynesian economics as it benefits them.
The first step to a dem loss, was the second they allowed the narrative that programs helping normal, working people was what was causing inflation, and allowing those programs lapse. The stress in my life that was lifted when my kids could just go to school and get breakfast and lunch, and I didn’t have to fill out a form to see if we qualified (which is great finding out you’re $10 over)….the increased child tax credit. Ect ect
Throw out all the data. The average voter simply understands the narratives at play. You can compare proposed policies and make wild estimates on its impact on the economy or you can simply look at the narratives that guide most people. Traditional values = stability, hedonism = volatility. You can debate how the candidates fall into each box, but it doesn’t matter. The greater narrative was Trump would create stability and Kamala would affirm adolescent ideals.
The fact that adults think like that is only depressing. Solving the multitude of problems that concern a nation is not a matter of crude moral narratives. There is also nothing "traditional" about Trump, so even your narrative analysis is off. It's more like tribalism, given your two party system & culture. Uneducated & struggling people vote for populists, across the globe. There aren't enough choices in the US, in terms of who to vote for. It's a dysfunctional system, not set up to select people who will fix anything, ripe for bad politics. Bought, paid for, and ran by the billionaires. Trump won't change that.
I believe that Trump was the candidate that supported the tradition of hedonism and would keep people's consumption stable. That's a third perspective you hadn't considered. Trump won because he affirmed adolescent ideals.
The problem is that the data is mostly right and the narratives are misleading. You are free to believe whatever you want, but you are not free from the consequences. Whatever happens now is 100% the responsibility of Trump and his supporters, and you can be sure that we will hold you accountable for the damage
Kyla, appreciate your video and the thought you put into it! This was the first long-form video of yours Ive watched and it was excellent! If I could offer some constructive criticism (as someone with no experience in video making field at all), you have a few jarring cuts in the video and a few times where your audio is a little funky. These little things take away from the well constructed narrative that you have put together and are somewhat distracting. In the end, these things dont matter THAT much, but wanting to offer as much help and support as possible! Thanks for the vid and cant wait till the next one!
I've been reading about media and the public sphere for decades. I read Neil postman's book, and was glad to see it cited here. This video took an amazing amount of work, and is exactly the kind of thing we need to bring the complexity of our economic challenges to a public audience. Thank you, Kyla
the problem with targeting the top 1% is that you only end up hitting the .9% that isn't the top .1%. The oligarchs remain in charge while anyone who could challenge them is drained of their ability to target their weak points.
We just need more people who are intelligent like Kyla making this content. There are too many more voices that are misinformed spreading garbage on the internet
I think you hit the nail on the head: people care about prices going down and that is not the same as inflation going down. Perception is reality after all!
Exactly. Look at groups like Shadowstats who track CPI with the 1980 standard, and their numbers are far more realistic. Under Clinton, the government put their thumb on the CPI scale so that Social Security would remain somewhat solvent. I clearly remember a bunch of people at the time calling it out, and you could probably find good contemporary sources for around 1998 discussing it.
@mattspyro you're missing the point. CPI isn't a real measure of inflation so it doesn't matter where CPI is bc it's artificially lowered. they swapped the model in the mid 80s and tweek it to suit their needs as to make them look like they're not doing so poorly at managing the currency.
Love your videos. I always look forward to you analysis and reporting. I enjoy watching the evolution of the format. But i sill miss the unhinged tiktoks
The biggest issue is sure inflation has come down but very few people are making more money than they were before the pandemic. Many lower and moddle class Americans have had their income stagnate to the increased cost of living across the board, while some pain is coming down most costs havent changed so their money isn't going any further. Very few jobs are paying better, and fewer are hiring while many are laying off. New jobs aren't coming to economicly struggling areas, so people can't move up economically. People who aren't living the struggle dont get it and likely never will because their opportunity and income and overall life style are improving.
7:47 “the Economy can look great, but feel bad” see? Right there is the problem, the economy looks great for who? Feels bad for who? Seems like those who think it looks great, make all the money, and don’t suffer a bit when the rest of us “feel bad”. Lookie there we have two groups formed: the Owners who don’t suffer and cheer when line go up, and the Workers who suffer and are told to stfu and go to work or else. But any line of thought that seeks to investigate this paradigm is immediately written off by our red scare allergy.
Ngl I love the content this is actually such a good analysis. But please fix the cuts it’s driving me mad because I keep thinking the video froze every 5 min
the bettor definitively did not wake up $80 million richer (with a bet of 30); maybe 30 or so, if he caught the ideal timing. the only way for it to be 80 is for the bet to be on something more specific and more risky
It was a trick question because the timeframe was “within the last few years”. Border crossings were down this election year giving that impression. Now if the question had been over the last eight years? Very different answer. I also question where she got her other “misinformation” numbers. A simple Google AI search shows immigration is up over the last eight years, which by the way, is the difference in immigration between Trump and Biden’s terms. According to recent data, over the last eight years, the United States has seen a significant increase in immigration, with the number of immigrants arriving each year generally trending upwards, particularly in recent years, with 2022 and 2023 experiencing some of the highest levels of net immigration in the past decade; this includes a rise in the unauthorized immigrant population after a long-term decline, with the total unauthorized immigrant population reaching 11 million in 2022 as per Pew Research Center estimates.
I personally would say I am not okay but I'm more okay than some other probably are, that said you sound like you have a good head on your shoulders and I look forward to exploring your content
Amazes me that anyone can cheer on the Federal Reserve. They are not Federal - they were established by private banks. They have no reserve - the fiat system is not backed by gold or anything else. (Arguably they are backed by the promise of violence). There is a fantastic level of mental gymnastics necessary to support such an entirely undemocratic organization. To put it plainly, the Federal Reserve is not answerable to the people, at all. They set the rate of interest and amount of money in the system, arguably across the world, whilst not being answerable to the people in the world. And this is portrayed as a positive?! People need to wake up and smell the BS.
It's baffling to me as well. I have an IRL economist friend who thinks and speaks just like Kyla with regards to the fed. "yes!!! he said 'NO' to the democratically elected President! that's badass!" (what....? why is that good? who gave that institution that much power? why are they above the law? ) Maybe the fed just took over Economist degrees? I'm not sure. It's such a curious blind spot. Maybe because the economy as it exists can't work without the fed, so it's continued existence is good in their eyes?
@@AlienApe. A slight difference on where the COVID money came from. It was approved by Congress to the tune of 5 trillion dollars which was deposited into the NY Fed bank in 2020. This more than doubled the entire US money supply. This is where the stimulus and many other monies were drawn from. I wonder how Congress came up with this unprecedented figure six months before the first stimulus checks ever went out. I have zero love for the Fed but this federally approved expenditure spanning first Trump the Biden presidencies could use some forensic exposure.
@KylaScanlon interviews people from the FED and believes all the snake-tounged lies that they tell her. Seriously: ua-cam.com/video/uMwockEAwCs/v-deo.html They lie right to her face and then laugh at her.
The story of the 400 million dollar suicide net on the golden gay bridge should be the stand out example of both obstruction of building and wasteful spending in blue states. The Golden Gate Bridge should have a suicide net, but if this was installed in China it would have cost 10 million and would have been installed in a week. In SF it costs 400 million and took over a decade to implement. More expensive and taking longer than building the bridge itself.
Stuff like GDP and CPI are horrible metrics for understanding the "economic vibe." Glad you pointed that out. Personally I would emphasize that more - it's not that "the economy is actually good," we have no idea what the real economy is. There's way too many systemic flaws in how it's measured.
Feel like energy issues, economics opportunities for everyone (mainly upper middle to working poor), and a Democratic party that seems to be infatuated with small politicized issues that don't speak to normal people. It also doesn't help that most rich people are liberal
That’s why we need people that understand business, margin and how to execute to reform government. Politicians understand politics not real actual tangible business
One massive reason why I personally didn’t vote for Harris is that she was not democratically nominated… how could I vote for someone who I didn’t want on the ballot in the first place? I don’t trust her as far as I can throw her, but at least Trump was democratically nominated(I do NOT like Trump either)
He won on the economy. He dies on the economy. The debt is too big, his promises put a noose around his neck, and no matter what, the bubble pops on him and he’ll be left holding the bag. The only question is, will he do the right thing after the crisis starts, or will he try and avert it by doing the wrong thing, inevitably have it burst on him and continue the mistakes anyway? Should he an interesting 4 years.
Trump wasn't able to run a casino at a profit. And for his cabinet he has clearly prioritised loyalty over competence. The rich oligarchs are gonna make off like bandits in the next 4 years
We are now one step closer to coronation of America's first Monarch, LORD BARRON! I await his glorious reign, the return of justice, and vengeance that will fall upon his father's enemies.
Tariffs only have an *effective* 100% pass through rate if it doesn't become cheaper to manufacture within the united states rather than import. Bringing manufacturing back to the united states has a cost just like moving it overseas to borderline slave labor wages had a cost reduction benefit, but the loss and decay/rot that rural america and inner city america had from losing manufacturing jobs can not be understated. More manufacturing within the united states would be worth the higher cost of living because society would be.. nicer again people could afford to have families again in industries besides just tech jobs. Moving all of those manufacturing industries over seas had a societal impact that people not living in rural or inner city america don't realize.
I can only reflect on my experience as a voter, and simply put, I feel stuck and politically homeless. I’m 20 as of writing this, and while I’ve been granted plenty of opportunity, that window keeps getting smaller and smaller and harder to get to. Couple that with prices out pacing my wage, and how I feel betrayed as an American taxpayer when my money is being used to fund foreign wars but can’t be given to FEMA to help hurricane victims, and you leave me angry and confused. Not to mention that Harris was not democratically elected to the position of nominee, and had been a part of the last 4 years of dysfunction, openly admitted that she was “comfortable” in her decision making, being the last person in the room on policy like the Afghanistan withdrawal, Ukraine and Israel spending, immigration, and more. As an independent and first time voter (for president) the decision was down to who I was better off under, and the answer was trump. I hate the division between me and my fellow Americans, I want us to get back to a place where we can agree to disagree and still be friends. It’s depressing, and the fact that it feels like us vs the big machine is crippling. While I appreciate this video and its insight, the main issue is not where we get our information, it’s what we’ve been feeling like these last four years. No matter how “great” the economy is, it is ultimately how we feel within the economy that matters, and to Harris’ detriment, we were very unhappy
If they put a 30% tarrif we will just aee people buying less. We SHOULD NOT be exploiting labor in pther countries. Tarrifs are good way to decrease demand for certain products. Its like embargos or economic sanctions on companies that arent playing by the same rules. We have a minimum wage, and they ahould as well
Yeah, because we had covid which affected everyone. A lot of people hated Trump's handling of it, and others hated the riots that happened that summer and were voting against that. So yeah you're going to get much higher turn outs compared to any other election. Do you not remember 2020 at all?
The analysis was great and objective. However I disagree that social issues weren’t a large part of Kamala’s platform. Abortion, transgender rights and January 6 were huge talking points for Kamala. I think a lot of voters who switched to Trump are tired of this rhetoric, and want affordability. However 2016 consumer prices are not coming back, and tariffs could make prices even worst.
You are full of shit. Kamala made one comment about trans rights and the right put it in all their attack ads. As for Trump's attempted coup and abortion rights, they absolutely should be a major part of the discussion unless you are a fucking authoritarian who wants to control women's bodies and take control of government by force.
Not trans issues. That was Republicans. She gave her opinion a couple times when prompted. But it's not like she was making a big deal of it, those were Republicans. Republicans simply took her answers and made ads on it that ran over and over.
Kyla cited how 80% liked kamala's policies more than trump. They just didn't like her, and social media pushed a large block if lie information men to trump hoping he could deliver. FYI. Those who swung to trump I think will swing away if someone has a credible plan to improve their pocketbooks. I don't see Trump delivering at all to low income voters.
42:38 that totally can be done by DOGE. Pass a medication price cape law just like insulin, cut spending on laws, like getting ride of the gun buy back which is a waste on spending, getting ride of immigration spending, using funding on our infrastructure. Their a lot of ideas.
Founding Fathers may not have agreed with the concept of a central bank (Fed Reserve) and the existence of said bank was controversial all throughout the 19th century.
thanks for watching, everyone
Your disconnected from reality
@@straighter100 would you expect any less?
@@straighter100(You’re*) And this was relatively well put together. When you learn how to spell i will respect your input. I bet you one day this will have 1 million views+
@@straighter100 how so? i am unsure what i said in this video that wasn't rooted in analysis or fact
14:40
the chard is political media bias and misleading quite a bit:
Here are the numbers for unauthorized border crossings at the U.S.-Mexico border over the last 8 fiscal years, based on available data:
2024 (Fiscal Year, through June): 1.44 million encounters.
2023: 2.78 million encounters.
2022: 2.76 million encounters.
2021: 1.96 million encounters.
2020: Approximately 647,000 encounters.
2019: Around 1.14 million encounters.
2018: About 521,000 encounters.
2017: Approximately 415,000 encounters.
When men under 30 are now earning less than woman their age and graduating at significantly lower rates and only one side is even talking about it, how are people surprised when they vote for that party? Thanks for acknowledging this factor.
I think it's even deeper than that. It's a little crazy that some people hasn't even realized the pendulum swing that hard, the other day I saw a bunch of "women's initiatives and gender equality talking points" on a company's website career section of where 80%-ish of employees were women already, and they explicitly said it wasn't enough and they wanted even more women under the excuse of gender equality!
@@ulizez89 oh no! A private company doing what they want
@@jchud13It’s the hypocrisy. Were the genders flipped there’d be lawsuits, wailing and gnashing of teeth.
Casual misandry isn’t going to win anyone an election.
It's very nice when you have a country with under-educated, fascist men. Usually it has beautiful consequences.
@@jchud13 Do you feel the same way for decisions made by private companies?
Thanks
spiking inflation is like the modern equivalent of a siege, except to choke out the working class
your rent keeps going up because of the thousands of local governments that enacted zoning laws and planning boards. abolishing these is the key to bringing down costs
6:39 This annoyed me, that the economy 'is' strong, but people 'feel' poor, as though the strength of the economy was more objective or real than people's poverty. Poor people ARE poor. There is a big difference between 'the economy doing well' and 'people in the economy doing well', its about GINI, its about wages vs shareholder returns. Unfortunately many economists aren't aware of this and Democrats are so beholden to the cult of shareholder value that their only answer is to reduce tax rates on poorer people without even mentioning wages.. EDIT: The video got better :)
12:50 people are doing fine. This vague malaise is political in nature
Essentially people with stock investments are doing okay. If you are not in that class of people, then you are feeling the pain. The elites like Kyla downplay the pain the lower class is feeling because they are insulated
@KylaScanlon does this in every video! She acts confused every time!
@@MADMOGtheFrugal Yep. I believe @KylaScanlon is a trust fund baby.
The economy is not strong. It’s unequal.
My rent went up over 50% over 3 years. Income went up less than 25%. I dont care that it has stopped going up. That does not improve my economy relative to 4 years ago.
wtf are you crying about your bs in a youtube comment. Crybaby
Yes thats the entire problem
Where are you living? Rent hasn’t gone up 50% in all cities. Seems like your city it just has.
If you’d watched the video you’d know the president has nothing to do with that. It was a little bit more demand than supply, but mostly price gouging by the monopolies. She goes onto say police’s set forth by Kamala were favored among republicans if they didn’t know who the candidate was who proposed it.
@@stevehickson1812 yeah, and if you'd also watch the video you'd know that Kamala did a bad job at delivering her message.
Kyla you might be the best economics presenter/teacher anywhere online. These videos are honestly SO engaging to listen to. Nice job. Good presentation.
Wow, thank you!
Too bad its 99% bullshit
@@KylaScanlon Your circus is full of monkeys. Please look into REAL econmists like @SteveKeen and @GarysEconomics. Maybe you could interview them if you are willing to listen to reality.
ok let's not get carried away. she's decent though
Real wage growth is the only economic number that matters to most people. Real wage growth was negative under Biden from 2021 to May 2023.
Also, just because they tried to change the definition of a recession, doesn't mean we didn't go through one during 2022. The nation’s GDP fell 1.6 percent on an annualized basis in first quarter 2022 and was followed by a 0.9 percent drop in the second quarter. That's a textbook definition recession.
"Inflation's down, not prices" This is the most important part, they only thing that matters is how much money people lose every week just to live. The people who control the money will NEVER lower prices unless they are forced too. My rent has been raised 3 times in three years but has NEVER EVER IN MY ENTIRE LIFE been lowered!
I’m not smart enough for this country and it’s problems. I’m so confused with what’s right and wrong anymore.
Just be careful where you get your news from, try to eliminate the bias from both sides as much as you can and check multiple sources. That’s how it gets easier
You are probably a hard worker and you understand at least sub-conciously that you don't enjoy the all fruits of your labor. All you need to know is that there are more hard-working poor than there are bankers and CEOs.
You made a great point on how people just aren't very well informed in the policies of each candidate. Especially when you shared that poll that showed people like Harris' policies over Trump's in the blind polling. It's crazy how much people just don't look at these policies. Like my family thinks Trump's policies will help them, and they don't know how harmful things like tariffs can be on the consumer.
Another common talking point I keep hearing (especially form friends and family) is how the democrats keep sending money to foreign countries like Ukraine and Israel, but I don't think they really know that we're sending old weapons that are equal to the aid amount said (so 1 billion in aid mean we're sending mostly old weapons that are collectively equal to 1 billion).
Genuinely one of the better analysis that I have seen about the election and why Trump won. Thanks for the insights!
great video Kyla, you pull sources together well and make a good narrative. Stealing the vibecession term for later lol
It's not a vibecession. It is a recession! Most people are struggling, it doesn't matter what the rich like @KylaScanlon think, we can see it with our eyes.
This video needed to go viral BEFORE the election.
...? She has hindsight because now she *has* the results from the election. 🤦♂️
@@0ThrowawayAccount0 i'm sure that mrdisco has no idea
@@0ThrowawayAccount0 most of what she's talking about is stuff we knew before the election, i.e. Trump's and Harris' economic policies... and she's been talking about the vibecession for years.
This video ignores Harris's poor economic policy and how many of her policies also lacked nuance.
I think you should revise your statement to be, "I wished the UA-camr made Kamala Harris ads".
no one would have believed her
Good detailed explanation
US politics has fallen into a KAYFABE state. When they actually started bringing WWE people on stage is when I got scared. 🤦🏻♂️😢
America is becoming one giant game of Survivor, where the most important question of the week is: "Who are we going to vote off the island this time?"
Love your videos! Your shorts are a bit too fast for me though. But thats understandable considering the amount of information you need to fit in them.
She lost because she was a horrible candidate an empty suit. I don’t know why people have such a hard time understanding this.
As opposed to him?
@@harrisjm62Harris is a puppet while Trump is a well known and established character
It's not even close
@@harrisjm62you can argue his policies were bad, but as far as the average voter was concerned, they at least existed.
HeyhayU......deceptive deceiver
the one who hides in darkness
who desires DEATH
DESTRUCTION
some weird twisted fantasy mind cock.......
Suck it up. Suit? Is that all u got?😅
@harrisjm62 Trump already had been in office for 4 years, he is a great business man and understands the economy very well, I would say with all that experience he will do great
Nice video Kyla
Excellent job
I watched the whole video. I am a fairly moderate, right leaning person, and I really feel you missed the core aspects of why Trump won.
The kind of people, the leaders with the kinds of mindsets who make the policies result in why it's so much harder and costly to build green energy in California rather than Texas are exactly the kind of people that the democrat party embraces. They are exactly the kind of person that Kamala Harris is. Here in Portland Oregon, these kinds of people have spent over $500 million to deal with homelessness, and the problem is worse.
Businesses have fled downtown portland, and you can't go downtown without seeing someone defecate in public or act violently. I know, I'm downtown all the time. You are missing the forest for the trees.
Great job on making this video in such an unbiased fashion
It's pretty biased when she starts talking about crime statistics and saying crime has gone down when it hasn't. Over here in Philadelphia, I had a guy shoot someone in the back.
Yeah she should’ve done some alternative media interviews. I watched all of her interviews via UA-cam (and I generally had to search them out).
Great compilation of information and important points!
As always, exceptional analysis Kyla. The Vibecession, love it.
NOPE! It's a recession!
I know people say that "inflation affects everyone, whereas unemployment only affects some people" and that's supposedly why so many people were so angry this year, but the thingi is unemployment does affect everyone too. It makes it harder to job hop, takes away your power, leaves you more and more at the mercy of your employer, even if you are able to keep your job. It creates a culture of fear. Maybe people just don't consciously realize how unemployment affects them as much as they realize how inflation affects them. That's possible, but honestly, I think your explanation for why so many people were mad about the economy is better: the government gave and then took away a lot of assistance people really liked from the pandemic. Also the pandemic itself somewhat broke people's brains, and I think the constant heatwaves the last couple years have melted our brains a bit too. Everything just seems dire and end-of-timesy...I kinda think that makes people want to climb the hierarchy more viciously and push other people down.
👍
Thanks Kyla, your perspective is very enlightening and helpful.
thanks for watching!
@@KylaScanlon You need some perpective. I recommend listening to @GarysEconomics.
This was the best explanation of the disparity between data and people's feelings I could ever hope for. Ty for making sense of this (and in a level that even a dumdum can understand)!
Watch @GarysEconomics!
Lol at the bangs situation. Really liking your content. Thank you for analyzing and sharing your thoughts
Keep doing what you do
I spilled my drink when you said the purpose of the government is to help people. Where did you get that from? Wow!
There is a ton of anti government propaganda about it being to do big good things. This has been pushed from the capitalist class because government is the one place where democracy (no matter how flawed) happens and has potential to grow. The capitalists in a true democracy have the same power as you.
Social security, Medicare, Medicaid, and the military. All provided by the government. Don’t be stupid man.
you sound like a spoiled child
Its main purpose of the government *should* help the people, but instead it helps a rich minority more.
@@DynamCast and we the people allow it, not only that we encourage it
Thank you politcal Uma Thurman this is a great explanation
anyone who didn't own a house by 2021 is effectively locked out of the current market (unless they are far above average earners). Will Trump fix this? I will press x to doubt on that one
I wonder how much more you would need to earn above the average to be one of the few to buy a home.
I’m 26.
I was 23 in 2021
There is no hope is there?
Great analysis as always
What is the black part at 2:15? Did something get cut
Great work, keep it up 👏
all we need are dang salaries that keep up
Why are you parroting the Phillips Curve? It was debunked in the 70s when we experienced stagflation. It’s easy to come across as economically literate when putting graphs and statistics on the screen. But you misunderstand how inflation and prices work. Monetary policy is set by the Federal Reserve, an institution that has devalued our currency. Wealthy people favor Keynesian economics as it benefits them.
@KylaScanlon is a traditional economist. As long as she's making money, she doesn't need to live in reality.
Great video. Powell’s response is interesting, and I hope it rings true. Thanks for posting.
Powell will either step down or be bullied by Trump into lowering rates. Just like last time.
The first step to a dem loss, was the second they allowed the narrative that programs helping normal, working people was what was causing inflation, and allowing those programs lapse. The stress in my life that was lifted when my kids could just go to school and get breakfast and lunch, and I didn’t have to fill out a form to see if we qualified (which is great finding out you’re $10 over)….the increased child tax credit. Ect ect
Throw out all the data. The average voter simply understands the narratives at play. You can compare proposed policies and make wild estimates on its impact on the economy or you can simply look at the narratives that guide most people. Traditional values = stability, hedonism = volatility. You can debate how the candidates fall into each box, but it doesn’t matter. The greater narrative was Trump would create stability and Kamala would affirm adolescent ideals.
Vox can create beautiful, data filled videos, but their narratives are always so wrong
The fact that adults think like that is only depressing. Solving the multitude of problems that concern a nation is not a matter of crude moral narratives. There is also nothing "traditional" about Trump, so even your narrative analysis is off. It's more like tribalism, given your two party system & culture. Uneducated & struggling people vote for populists, across the globe. There aren't enough choices in the US, in terms of who to vote for. It's a dysfunctional system, not set up to select people who will fix anything, ripe for bad politics. Bought, paid for, and ran by the billionaires. Trump won't change that.
I believe that Trump was the candidate that supported the tradition of hedonism and would keep people's consumption stable. That's a third perspective you hadn't considered. Trump won because he affirmed adolescent ideals.
The problem is that the data is mostly right and the narratives are misleading. You are free to believe whatever you want, but you are not free from the consequences. Whatever happens now is 100% the responsibility of Trump and his supporters, and you can be sure that we will hold you accountable for the damage
Kyla, appreciate your video and the thought you put into it! This was the first long-form video of yours Ive watched and it was excellent! If I could offer some constructive criticism (as someone with no experience in video making field at all), you have a few jarring cuts in the video and a few times where your audio is a little funky. These little things take away from the well constructed narrative that you have put together and are somewhat distracting. In the end, these things dont matter THAT much, but wanting to offer as much help and support as possible! Thanks for the vid and cant wait till the next one!
They matter a lot! Thank you - I am working on improving it
great video. one of if not your best
Watch @SteveKeen or @GarysEconomics. They will blow your mind!
I've been reading about media and the public sphere for decades. I read Neil postman's book, and was glad to see it cited here.
This video took an amazing amount of work, and is exactly the kind of thing we need to bring the complexity of our economic challenges to a public audience. Thank you, Kyla
Please post more
what is frustrating in every country is that electorate populations all blame their particular government for global problems.
the problem with targeting the top 1% is that you only end up hitting the .9% that isn't the top .1%. The oligarchs remain in charge while anyone who could challenge them is drained of their ability to target their weak points.
Great analysis!
Great vid
We just need more people who are intelligent like Kyla making this content. There are too many more voices that are misinformed spreading garbage on the internet
Thanks Kyla
I think you hit the nail on the head: people care about prices going down and that is not the same as inflation going down. Perception is reality after all!
Prices will NEVER GO DOWn AGAIN.
Wages didn't ever out pace real inflation the CPI model is flawed, intentionally.
They'll correct it in a decade and not apologize for gaslighting us, again.
Exactly. Look at groups like Shadowstats who track CPI with the 1980 standard, and their numbers are far more realistic.
Under Clinton, the government put their thumb on the CPI scale so that Social Security would remain somewhat solvent. I clearly remember a bunch of people at the time calling it out, and you could probably find good contemporary sources for around 1998 discussing it.
False CPI has been bellow wage growth since march '23.
@@PrebleStreetRecords exactly, John Williams is the man.
@mattspyro you're missing the point. CPI isn't a real measure of inflation so it doesn't matter where CPI is bc it's artificially lowered. they swapped the model in the mid 80s and tweek it to suit their needs as to make them look like they're not doing so poorly at managing the currency.
Best content on the internet.
You are amazing. I so appreciate your work thank you so much.
Peace be with you …
🕊🦋🌹
Love your videos. I always look forward to you analysis and reporting.
I enjoy watching the evolution of the format. But i sill miss the unhinged tiktoks
😂😂😂 unauthorized border crossings are low huh?
yes. you'd realize that if you listened to studies and statistics.
Excellent breakdown of the current environment. Great job!
The biggest issue is sure inflation has come down but very few people are making more money than they were before the pandemic. Many lower and moddle class Americans have had their income stagnate to the increased cost of living across the board, while some pain is coming down most costs havent changed so their money isn't going any further. Very few jobs are paying better, and fewer are hiring while many are laying off. New jobs aren't coming to economicly struggling areas, so people can't move up economically.
People who aren't living the struggle dont get it and likely never will because their opportunity and income and overall life style are improving.
You are impressively intelligent and articulate. Excellent video.
I think the problem is people dont update themselves on the most recent rate of inflation, border security, etc.
I will only get economic analysis from you and David Dayen
Same here
7:47 “the Economy can look great, but feel bad” see? Right there is the problem, the economy looks great for who? Feels bad for who? Seems like those who think it looks great, make all the money, and don’t suffer a bit when the rest of us “feel bad”.
Lookie there we have two groups formed: the Owners who don’t suffer and cheer when line go up, and the Workers who suffer and are told to stfu and go to work or else. But any line of thought that seeks to investigate this paradigm is immediately written off by our red scare allergy.
Ngl I love the content this is actually such a good analysis. But please fix the cuts it’s driving me mad because I keep thinking the video froze every 5 min
the bettor definitively did not wake up $80 million richer (with a bet of 30); maybe 30 or so, if he caught the ideal timing. the only way for it to be 80 is for the bet to be on something more specific and more risky
Also might be tripping but around 36:01 the video and audio might be out of sync
Kyla explained that the audio turned off during her presentation, and she had to dub it post production
"unauthorized border crossings-low" how am i supposed to take this seriously
Maybe go look at the data... Bring informed can be creative.... Just saying.
It was a trick question because the timeframe was “within the last few years”. Border crossings were down this election year giving that impression. Now if the question had been over the last eight years? Very different answer. I also question where she got her other “misinformation” numbers.
A simple Google AI search shows immigration is up over the last eight years, which by the way, is the difference in immigration between Trump and Biden’s terms.
According to recent data, over the last eight years, the United States has seen a significant increase in immigration, with the number of immigrants arriving each year generally trending upwards, particularly in recent years, with 2022 and 2023 experiencing some of the highest levels of net immigration in the past decade; this includes a rise in the unauthorized immigrant population after a long-term decline, with the total unauthorized immigrant population reaching 11 million in 2022 as per Pew Research Center estimates.
I personally would say I am not okay but I'm more okay than some other probably are, that said you sound like you have a good head on your shoulders and I look forward to exploring your content
Tbf, your video was what gave more a hint and clear details on economy comparison. The ads are horrible
Amazes me that anyone can cheer on the Federal Reserve. They are not Federal - they were established by private banks. They have no reserve - the fiat system is not backed by gold or anything else. (Arguably they are backed by the promise of violence). There is a fantastic level of mental gymnastics necessary to support such an entirely undemocratic organization.
To put it plainly, the Federal Reserve is not answerable to the people, at all. They set the rate of interest and amount of money in the system, arguably across the world, whilst not being answerable to the people in the world. And this is portrayed as a positive?! People need to wake up and smell the BS.
It's baffling to me as well.
I have an IRL economist friend who thinks and speaks just like Kyla with regards to the fed.
"yes!!! he said 'NO' to the democratically elected President! that's badass!" (what....? why is that good? who gave that institution that much power? why are they above the law? )
Maybe the fed just took over Economist degrees? I'm not sure. It's such a curious blind spot.
Maybe because the economy as it exists can't work without the fed, so it's continued existence is good in their eyes?
Most economists have a hard time seeing a world without a central bank.
@@AlienApe. A slight difference on where the COVID money came from. It was approved by Congress to the tune of 5 trillion dollars which was deposited into the NY Fed bank in 2020. This more than doubled the entire US money supply. This is where the stimulus and many other monies were drawn from. I wonder how Congress came up with this unprecedented figure six months before the first stimulus checks ever went out. I have zero love for the Fed but this federally approved expenditure spanning first Trump the Biden presidencies could use some forensic exposure.
@@donuttree1Yeah, and it seems extremely political. If he said that to Obama, most of these people would want his head.
@KylaScanlon interviews people from the FED and believes all the snake-tounged lies that they tell her. Seriously: ua-cam.com/video/uMwockEAwCs/v-deo.html
They lie right to her face and then laugh at her.
Tax cuts do not need be paid for, we have a spending problem not a revenue problem
You bring sanity. More power to likes of you. Gifted mind.
Illegal Immigration rate today might be down but the past 3 years have absolutely been astronomical. I believe that statement is misleading.
The story of the 400 million dollar suicide net on the golden gay bridge should be the stand out example of both obstruction of building and wasteful spending in blue states.
The Golden Gate Bridge should have a suicide net, but if this was installed in China it would have cost 10 million and would have been installed in a week.
In SF it costs 400 million and took over a decade to implement. More expensive and taking longer than building the bridge itself.
Stuff like GDP and CPI are horrible metrics for understanding the "economic vibe." Glad you pointed that out. Personally I would emphasize that more - it's not that "the economy is actually good," we have no idea what the real economy is. There's way too many systemic flaws in how it's measured.
Feel like energy issues, economics opportunities for everyone (mainly upper middle to working poor), and a Democratic party that seems to be infatuated with small politicized issues that don't speak to normal people. It also doesn't help that most rich people are liberal
"No" perfect answer to an insane and scary question
Private corporations should be more powerful than the elected president?
@ good luck with your continuing education
That’s why we need people that understand business, margin and how to execute to reform government. Politicians understand politics not real actual tangible business
Our government is run by businessmen. Do you live under a rock?
One massive reason why I personally didn’t vote for Harris is that she was not democratically nominated… how could I vote for someone who I didn’t want on the ballot in the first place? I don’t trust her as far as I can throw her, but at least Trump was democratically nominated(I do NOT like Trump either)
Translation I didn't want that black lady to win.
OMG please do more "this [tiktok] person says a lot of wrong things *eyeroll*" content :)
well Kyla, it turned out it wasnt just a vibecession for many people that havent done well in this economy
There is not a single economic measure that you can point to that proves people are doing bad. Name one.
huh??
@ramonrodrigueziv1742 keep repeating that until you are blue in the face, maybe it will win you the next election
@@ramonrodrigueziv1742 I can talk to my neighbors and relatives and friends.
@@ramonrodrigueziv1742 It doesn't matter what statistics you pull out of the government's ass, you can't gaslight the average American.
He won on the economy.
He dies on the economy.
The debt is too big, his promises put a noose around his neck, and no matter what, the bubble pops on him and he’ll be left holding the bag.
The only question is, will he do the right thing after the crisis starts, or will he try and avert it by doing the wrong thing, inevitably have it burst on him and continue the mistakes anyway?
Should he an interesting 4 years.
He is already a "lame duck". Why should he care one way or another?
It's not his fault people like Joe got us into wars that wasted trillions of dollars.
@@answerman9933what?
Nah, this economy will be strong, finally.
Trump wasn't able to run a casino at a profit. And for his cabinet he has clearly prioritised loyalty over competence. The rich oligarchs are gonna make off like bandits in the next 4 years
Nice to see you on UA-cam. Love your reels. Been meaning to buy the book
thanks for watching!
Will you try to get your book on audible…
With you as the narrator, thank you😊
tariffs work if you do the right
We are now one step closer to coronation of America's first Monarch, LORD BARRON! I await his glorious reign, the return of justice, and vengeance that will fall upon his father's enemies.
I LOVE her solutions
Tariffs only have an *effective* 100% pass through rate if it doesn't become cheaper to manufacture within the united states rather than import. Bringing manufacturing back to the united states has a cost just like moving it overseas to borderline slave labor wages had a cost reduction benefit, but the loss and decay/rot that rural america and inner city america had from losing manufacturing jobs can not be understated. More manufacturing within the united states would be worth the higher cost of living because society would be.. nicer again people could afford to have families again in industries besides just tech jobs. Moving all of those manufacturing industries over seas had a societal impact that people not living in rural or inner city america don't realize.
something went wrong at about 41:10
I can only reflect on my experience as a voter, and simply put, I feel stuck and politically homeless. I’m 20 as of writing this, and while I’ve been granted plenty of opportunity, that window keeps getting smaller and smaller and harder to get to. Couple that with prices out pacing my wage, and how I feel betrayed as an American taxpayer when my money is being used to fund foreign wars but can’t be given to FEMA to help hurricane victims, and you leave me angry and confused. Not to mention that Harris was not democratically elected to the position of nominee, and had been a part of the last 4 years of dysfunction, openly admitted that she was “comfortable” in her decision making, being the last person in the room on policy like the Afghanistan withdrawal, Ukraine and Israel spending, immigration, and more. As an independent and first time voter (for president) the decision was down to who I was better off under, and the answer was trump. I hate the division between me and my fellow Americans, I want us to get back to a place where we can agree to disagree and still be friends. It’s depressing, and the fact that it feels like us vs the big machine is crippling. While I appreciate this video and its insight, the main issue is not where we get our information, it’s what we’ve been feeling like these last four years. No matter how “great” the economy is, it is ultimately how we feel within the economy that matters, and to Harris’ detriment, we were very unhappy
If they put a 30% tarrif we will just aee people buying less. We SHOULD NOT be exploiting labor in pther countries. Tarrifs are good way to decrease demand for certain products. Its like embargos or economic sanctions on companies that arent playing by the same rules. We have a minimum wage, and they ahould as well
When you look at the sum total votes over the last 4 elections 2020 sure does look weird...
Amen
Did Trump lose the 2020 election, yes or no?
@@leoklenber5359great question
@@Arbitrary_Moniker just look at the popular vote bar graph.
Yeah, because we had covid which affected everyone. A lot of people hated Trump's handling of it, and others hated the riots that happened that summer and were voting against that. So yeah you're going to get much higher turn outs compared to any other election.
Do you not remember 2020 at all?
The analysis was great and objective. However I disagree that social issues weren’t a large part of Kamala’s platform. Abortion, transgender rights and January 6 were huge talking points for Kamala. I think a lot of voters who switched to Trump are tired of this rhetoric, and want affordability. However 2016 consumer prices are not coming back, and tariffs could make prices even worst.
You are full of shit. Kamala made one comment about trans rights and the right put it in all their attack ads. As for Trump's attempted coup and abortion rights, they absolutely should be a major part of the discussion unless you are a fucking authoritarian who wants to control women's bodies and take control of government by force.
Not trans issues. That was Republicans. She gave her opinion a couple times when prompted. But it's not like she was making a big deal of it, those were Republicans.
Republicans simply took her answers and made ads on it that ran over and over.
Kyla cited how 80% liked kamala's policies more than trump. They just didn't like her, and social media pushed a large block if lie information men to trump hoping he could deliver. FYI. Those who swung to trump I think will swing away if someone has a credible plan to improve their pocketbooks. I don't see Trump delivering at all to low income voters.
The same tariffs rhetoric. He uses that as negotiating tactic.
@@BillyBob-oi9kl Explains this: ua-cam.com/video/MqhoK8Jp6UU/v-deo.html
Adit the Federal Reserve ASAP
Wall street is perfectly fine with either, they are both bought off.
42:38 that totally can be done by DOGE. Pass a medication price cape law just like insulin, cut spending on laws, like getting ride of the gun buy back which is a waste on spending, getting ride of immigration spending, using funding on our infrastructure. Their a lot of ideas.
Alternatively, reform patent laws so pharma companies don't have legal monopolies on medicine
@thesenate1844 good idea, I work at Space X and I might tell Elon Musk about if we have our next meeting.
bravo!
Founding Fathers may not have agreed with the concept of a central bank (Fed Reserve) and the existence of said bank was controversial all throughout the 19th century.
Jefferson said it would destroy our country.
We must endure the next 4 years