• 6 Posts
  • 807 Comments
Joined 1 year ago
cake
Cake day: June 9th, 2023

help-circle






  • The economy may be booming per statistics, but who is it benefiting, people who need the benefit, or no?
    

    The answer is low wage workers

    That is excellent news and something that I did not know. It certainly isn’t being publicized. Like you I agree that the media is mostly to blame, especially for the part where you mention “my local economy is great but the country’s sucks!”. They have a vested interest in keeping people on edge and hungry for more info, which is terrible and one of the reasons I think we should have a hell of a lot more nonpartisan publicly funded news sources than we do. Not to mention bringing back the Fairness Doctrine.


  • I don’t think most people feel their buying power has caught up with the greedflation we saw over the last few years. Statistics can be made to say anything.

    I am firmly in the upper middle class bracket so I’ve been insulated from it, but I am constantly seeing news about the crunch that the lower economic classes are feeling, and it seems reasonable to me. We are inundated with evidence that younger generations can’t afford housing, can’t afford groceries, etc. The economy may be booming per statistics, but who is it benefiting, people who need the benefit, or no? That’s the real question and I think the dissatisfaction a lot of people feel is a marker that it’s not as simple as what the numbers might show.