Why Americans feel gloomy about the economy despite falling inflation and low unemployment
Why Americans feel gloomy about the economy despite falling inflation and low unemployment
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.
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Oh boy inflation is falling.
Unless it's greedy C-level execs falling out of windows there won't be a change in the cost. The issue is greed, inflation was just the scapegoat.
It also kinda glances over the fact that the boost of inflation is there permanently and this is the new baseline, and no wages have kept up to it at all while everyone is getting nickel and dimed to death.
100% this. It's great that inflation is only 4% now, but the price of nearly everything doubled since 2019, and wages, particularly for middle class and upper middle class have not increased enough. And the modest wage increases for the poor were used to further justify the price increases. And prices never go down, because "deflation=bad".
But, I will say that greedflation hit worldwide and the USA weathered it better than many other countries.
It also kinda glances over the fact that the boost of inflation is there permanently and this is the new baseline, and no wages have kept up to it at all while everyone is getting nickel and dimed to death.
I don't get this argument. If everything is greedily overpriced why not just go into business for yourself? Like if eggs are so overpriced, go buy chickens and start selling eggs. Prices will go down. Complaining about greed or expecting the government to do something won't help anything. That's the real reason Americans feel gloomy, they keep expecting someone else to do something, like the government or c-level executives.
I don’t get this argument. If everything is greedily overpriced why not just go into business for yourself? Like if eggs are so overpriced, go buy chickens and start selling eggs. Prices will go down. Complaining about greed or expecting the government to do something won’t help anything. That’s the real reason Americans feel gloomy, they keep expecting someone else to do something, like the government or c-level executives.
I wish I lived in your fantasy world where individuals who are being adversely affected by the cost of eggs can still somehow magically not only afford the startup costs of a farm, and manage to not only sell eggs at prices beating out major agribusiness, but can also do so at a sufficient scale to affect system-level change. What absolute starry-eyed naivete.
I wish I lived in your fantasy world where individuals who are being adversely affected by the cost of eggs can still somehow magically not only afford the startup costs of a farm, and manage to not only sell eggs at prices beating out major agribusiness, but can also do so at a sufficient scale to affect system-level change. What absolute starry-eyed naivete.
You can raise chickens in about a square meter of space, you don't need a farm...plus you missed the point, that was merely an example. Point is, stop complaining and expecting things to be fixed for you. Do something constructive.
Alright, so what individual actions are you personally undertaking to affect the kinds of systemic change we need for our economy to work for all of us? Surely if your ideology is founded on reality, you're making real change, right?
For me, personally, I am advocating for policy changes that would benefit us. My efficacy is limited, because my only real option is to bother my elected officials about it when I'm not busy working longer hours for lower real wages just to survive, but given that I believe policy changes are the only way to actually solve any of our systemic problems, I am at least ideologically consistent.
I grow a lot of my own produce and am looking into a chicken coop, funnily enough.
I don't expect handouts or the government to step in. My point was that I'm not gonna cheer about inflation falling because the problem is something different entirely. Inflation is just a symptom of the real issue.
You can stop being obtuse and trying to deflect blame away from greedy corpo twats whenever you'd like.