this post was submitted on 08 Nov 2024
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politics

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[–] [email protected] 0 points 3 days ago (3 children)

We'll see. Right now we are in an UNBELIEVABLY good economy and I keep hearing - even from so-called leftists and centrists - just how terrible the economy is, etc., etc.

Yes, maybe white collar jobs have softened somewhat, starting in 2022, party because some of Big Tech overhired, but seriously, look at the various indicators....it's almost all good.

Contrast this market with the dot-com bubble burst, or the 2008 fallout from banks fucking around with subprime markets. Just what is so bad about this economy?

[–] [email protected] 8 points 3 days ago

The market is not the economy.

The market is a measure of how much wealth is being extracted from the working class.

If that's what the economy is then it will never matter how good it is, because the working class people still can't afford shit.

[–] [email protected] 5 points 3 days ago (1 children)

From my experience talking with folks IRL they just food prices, home prices, and collage prices. My experience may be squed because I work at a supermarket and have to try to imply that it's the fault of greed without getting in trouble for making people not buying stuff a few times a week.
They mean the cost of living, not economy.

[–] [email protected] -3 points 3 days ago

I wonder: did any of these people making these claims speak at all about what policy or policies changed this and what policy or policies will perform some kind of miracle to change it back?

[–] [email protected] 4 points 3 days ago

Perception is king. If people feel poor, even if they are not poor, they are poor.