Is the economy actually bad ?
- Thread starter BrothaZay
- Start date
cyndaquil
Lv 100 Bold natured
For corporations no. For your average household yes it feels bad much worse than 2019 prepandemic. People's dollars don't stretch as far and salaries have not kept up with inflation. So while the economy is doing well the overall sentiment by the average American is that it is not good.
If you own assets in the stock market which makes up a lot of the top 10% of this country's wealth then you'll be feeling great
TLDR: Wealth gap is real and widening. rich people feel the economy is doing good and middle class and lower are being stretched thin.
If you own assets in the stock market which makes up a lot of the top 10% of this country's wealth then you'll be feeling great
TLDR: Wealth gap is real and widening. rich people feel the economy is doing good and middle class and lower are being stretched thin.
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WORK WORK WORK*
desjardins
Veteran
It's doing great for the people who matter to our government (wealthy donor class)
People running around talking about Biden ruined the economy while stock market is at an all time high then they double down on their stupidity by threatening to vote for the party that will lower corporate taxes and deregulate...only increasing the divide
People running around talking about Biden ruined the economy while stock market is at an all time high then they double down on their stupidity by threatening to vote for the party that will lower corporate taxes and deregulate...only increasing the divide
it's somewhere in the middle. it can't be "bad" because the stock market is too high, and the unemployment rate is too low. people in 2009 would be begging for this economy
and i'm only speaking for myself, but now that gas is back down to normal, i don't notice inflation like that
i buy my food at costco and walmart; it's not overly expensive. the grocery store chains are more expensive, so i just dont go there
and i'm only speaking for myself, but now that gas is back down to normal, i don't notice inflation like that
i buy my food at costco and walmart; it's not overly expensive. the grocery store chains are more expensive, so i just dont go there
CashmereThoughts
Veteran
That’s not a matter of the economy that’s corporate America generating record profits because they found out people will still pay. The increase in corporate profits in recent years has drastically outpaced inflation
Don't worry brother. Work 1 hour and you can buy one AND keep the change!
Economy doing great
richaveli83
Veteran
It's bad for the poor and lower class. It's great for the corporations. Personally, I'm doing ok but the cost of groceries is insane. I went grocery shopping two weeks ago and spent $250 on stuff which would have been $100 less a couple of years ago.
I can only imagine what people renting apartments are going through.
I can only imagine what people renting apartments are going through.
richaveli83
Veteran
Don't worry brother. Work 1 hour and you can buy one AND keep the change!
Economy doing great
Most companies pay above the minimum wage. The problem is they're not giving them enough hours.
If u looking for housing and a car yes unless u a coli breh
That picture sums up the economy. Do you look like that? No? Well you likely aren't benefiting from this "good" economy.
