FBD
11-20-2023, 06:44 PM
https://fortune.com/2023/11/19/why-americans-angry-pissed-about-economy-inflation-prices-pandemic-deflation/
https://i.imgur.com/n8k6gtn.jpg
Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s. And the U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy.
The disparity has led to befuddlement, exasperation and curiosity on social media and in opinion columns.
lol this is just in your face insulting
some garbage anecdotals
Edelberg said the jump in prices for items that people typically buy most often helps explain why many people are disgruntled about the economy — even as Americans have remained confident enough to keep spending at a healthy pace.
“Their purchasing power overall,” Edelberg said, “is doing pretty well.”
“They’re obsessing over the fact that the prices they pay for the things that are very salient — gas, food, grocery store prices, rent — those things still seem elevated, even though they’re not increasing as rapidly as they were,” Hershbein said.
“If everyone had lost a job,” he said, “we’d be focused on that.”
:lol:
:pitchforks:
https://i.imgur.com/n8k6gtn.jpg
Inflation has reached its lowest point in 2 1/2 years. The unemployment rate has stayed below 4% for the longest stretch since the 1960s. And the U.S. economy has repeatedly defied predictions of a coming recession. Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy.
The disparity has led to befuddlement, exasperation and curiosity on social media and in opinion columns.
lol this is just in your face insulting
some garbage anecdotals
Edelberg said the jump in prices for items that people typically buy most often helps explain why many people are disgruntled about the economy — even as Americans have remained confident enough to keep spending at a healthy pace.
“Their purchasing power overall,” Edelberg said, “is doing pretty well.”
“They’re obsessing over the fact that the prices they pay for the things that are very salient — gas, food, grocery store prices, rent — those things still seem elevated, even though they’re not increasing as rapidly as they were,” Hershbein said.
“If everyone had lost a job,” he said, “we’d be focused on that.”
:lol:
:pitchforks: