Is America on the Mend? Almost four years have passed since Covid-19 struck. Our economy and society have, in fact, healed remarkably well. The big remaining question is when, if ever, the public will be ready to accept the good news.
by mafco
Is America on the Mend? Almost four years have passed since Covid-19 struck. Our economy and society have, in fact, healed remarkably well. The big remaining question is when, if ever, the public will be ready to accept the good news.
by mafco
12 comments
Just my opinion and I know that ain’t worth shit, but when wages catch up to rent and the higher prices for everything then people will feel better.
I knew President Biden was the one to lead us through this and he has.
I just wish he had been able to forgive our student loans like he promised.
A few thoughts:
1. On the economic front, yes things aren’t as bad as they could be, but they’re not great either. Those who are starting families can’t afford childcare and housing. Wages just aren’t keeping up given the costs of the “care” economy, everything from childcare to healthcare to education to elderly care. And this trickles up. When the young families are struggling, the grandparents will also feel that the economy isn’t doing great…
2. On the crime front, I’m sure the statistics don’t lie, but I wonder how much crime just doesn’t get reported anymore. How often do you people fall for phone/online scams? What do police actually do in those cases? Nothing. You see videos mass shoplifting where there are limited consequences. On the violent crime side, mass shootings are a regular occurrence and yes, homicides are down but how much of that is related to more people (and would-be criminals) dying from addiction/suicide?
3. Have you seen how bad the homeless problem is in major US cities? The addict-infested camps next to highways, overpasses, etc.? Does Paul Krugman not walk in these downtowns? These scenes will make people FEEL that the economy isn’t working and that crime is up.
Did the White House PR department write this Reddit post?
I definitely get the vibe that different generations perceive the economy differently. I’m Gen X and am better now than I ever have been. Even with young adults 18-30, I think there is a huge divide between those doing well, those struggling, and those struggling because it’s on them (I’ll call them Gen Z).
Over half of Gen Z is (mostly) lucky and still living at home not having to pay any rent. With reasonable parents, this is a great way to save money. No idea how many of them are taking advantage of this or just living in the basement playing video games. Rent and home prices will swing back in favor of the little guy, and they will be in a good spot if they play their cards right. A couple of years of bad housing has them fixated on indefinite doom and gloom, and that’s the problem with being young and impatient.
Lol society is in shambles, the authors head is pretty far up their own asses
WTF?!! 😂😂😂 what even is this sub anymore! 😂😂😂
Feels like a lot of propaganda in an election year.
Just about every post in this group lately is BS. Look at the real facts about finances of the average American…. Feels like the news is just pumping more BS…
Is this satire?
We just accepted and are expediting the transfer of our wealth to the 1%, and it looks like some of you just want to celebrate.
Income:
Far too many Americans are in poverty and too many more aren’t earning enough to lead a better life than their parents.
Expenses:
1. Housing is expensive compared to the percentage of take home pay their parents paid. (Build build build)
2. College education costs are out of control, but worst of all,
3. US healthcare costs are bankrupting the country: Americans, businesses and governments. (There is no reason Americans should pay 3x – 10x for Rx drugs, what other wealthy nations pay per person for healthcare)
Until these are corrected, America will not be as great a country as it once was.