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How is the economy "great" if most people struggle?
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I got a 30% wage raise during the last 5 years - after taxes. Right now I earn 20% more than average. Yet I had to use most of my savings to pay my bills. Since 2-3 years I am cutting spending and buying less and less to make ends meet.

This is NOT a good economy. This is NOT a healthy economy. We have the most homeless ever, the most working poor ever, the most credit card debt ever. Around like 80% of all Americans dont have 1000 Dollars in case of a financial emergency. House prices/rent/groceries/insurance etc are as expensive as never before.

The economy is NOT the stock market - its the people. If you create 100 Million new jobs - but people cant live from them - its worthless. So stop gaslighting, stop lying. The economy is doing horrible. Apart from the top 20% - the remaining 80% experience it every day.

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I’ll get relentlessly downvoted for saying this, but by traditional metrics, the economy is strong. The folks talking about how bad it is are in for a rude awakening when the economy actually sucks.

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Posted
6 months ago