Why people think the economy is doing worse than it is: A research roundup. The U.S. economy is in good health, on the whole, according to national indicators. Yet news reports and opinion polls show many are pessimistic on the economy. We explore six recent studies that can help explain why.
by mafco
10 comments
If Trump were still president with the same economy I think we’d have more honest takes than this. For instance it seems like the inflation measures are drastically underreporting actual inflation even to the point of being propaganda imo.
Yep, It’s definitely an election year.
If it’s healthy where are all the jobs that come with benefits like vacation, health insurance and actually full time positions?
Most people that complain about the economy are likely financially illiterate and struggle to adapt when their financial situations change.
Maybe try getting a higher paying job, getting a 2nd job, or a side hustle. You could try reducing your living expenses, get a roommate, move in with other people, eat out less/cook your own food, get a cheaper car, carpool, bike to work, take public transportation, etc.
Those however require discipline, sacrifice, hard work and grit which are qualities broke people didn’t have to begin with.
There is a finite amount of profit to share in a company on payday. When A’s income is ten times more than B’s, it came at B’s expense. Macro economic numbers have no value to anyone but governments, the rich and theorists.
The economy people live in > data driven economy
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The manufactured consent is at its zenith.
Man, it’s so great seeing this same post regurgitated twice a day. Really sparks great discussion.
It’s because the “economy” only measures how well rich people are doing and it is shit for the rest of us. I don’t care what metrics you have. it’s shit right now for 90% of people. you’re only using measurements for the top 10%. Keep trying to push that the economy is good but it’s shit and we all know it’s shit and telling us how much better rich people have been doing in the last 3 years doesn’t make it less shit for all of us
We have 34 Trillion in debt. 122% of GDP. But everything is fine.
I think its real simple, people are realizing how shitty this corporate capitalism economy is for most people to live in even if they dont realize that is exactly what they are feeling. We all have to work harder and harder to afford to live. People are making more than they ever have and feel more broke than they ever have, we look at our phones in a constant distraction and see influencers and models have things and do things that we are slowly realizing are never going to be for us. We are all working jobs that make us think that we should be so lucky to have them and be paid what we are paid so we put up with all sorts of BS…