CNN Poll: Half of Americans think the economy is getting worse, despite months of stronger economic news | CNN Politics
3 years ago by captainjman2 to c/politics
Yeah, "the economy" doesn't mean anything.
More commerce just means more money changing hands. Unemployment rate just measures jobs. None of this impacts the average person.
Buying power is down and has been dropping for longer than I've been alive. This especially impacts the low and vanishing middle class Americans.
Exactly. It all depends on which metrics you're looking at, and some are not even being looked at, conveniently enough for those with more money.
Buying power is not going down. Do you at least have a source for that?
I think you might be talking about the productivity-pay gap but it has nothing to do with purchasing power.
Inflation adjusted wages are going up: https://fred.stlouisfed.org/series/LES1252881600Q
$7 for a bag of Doritos is ABSURD
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As others have already stated, the job market is fine, the stocks are fine, but the ability to afford living day to day is worse than I have ever remembered. Here in my cheaper state here are some random prices:
save