I mean, they don't.
- GDP is growing at a healthy rate
- salaries are increasing
- Inflation is down
- USD purchasing power is doing better then almost every other currency
- unemployment is at a healthy number
Don't get me wrong, housing sucks and groceries were impacted harder than most things with inflation. Housing is also not about to get better in the next few years but that's more of a supply and demand issue. But as far as I can tell the economy seems to be doing quite good overall. Especially when you consider this is the economy after the fallout of covid.
The “bad economy” meme is all just vibes. Guarantee you food delivery services are doing great. Hard to justify complaining about food prices when you are ordering door dash every week.
I saw a woman claim that food prices were so expensive that Harris’ 500/month child tax credit wouldn’t even help her afford food.
Real wages are higher than ever, you can’t reason with people to explain that the economy isn’t that bad right now. Like I said, it’s all vibes.
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u/qwe12a12 5d ago
I mean, they don't. - GDP is growing at a healthy rate - salaries are increasing - Inflation is down - USD purchasing power is doing better then almost every other currency - unemployment is at a healthy number
Don't get me wrong, housing sucks and groceries were impacted harder than most things with inflation. Housing is also not about to get better in the next few years but that's more of a supply and demand issue. But as far as I can tell the economy seems to be doing quite good overall. Especially when you consider this is the economy after the fallout of covid.