Quote:
Originally Posted by Jacuzzme
It’s sad you actually believe this.
|
It's funny and pathetic that you don't.
Consider all these things that you don't want to be true because it pretty much kills your victimhood. As of the last calendar quarter of 2023:
GDP growth was 5.2 that quarter
US has had the best recovery from COVID in the G7
Wage growth remains robust, 5% via Atlanta Fed; wages have been beating inflation for many months now
Median wealth up 37% from 2020-2022; median wealth for 18-34 year olds in this period more than doubled
Jobs are more plentiful than anytime since the 1960s
US has lowest uninsured rate in history
New businesses being created at record rates
Stock market on a very good run, near record highs, Dow is 18 times higher than 1989
US setting records in oil AND renewable energy production
Gen Z homeownership matching previous generations
Many cities and states have raised the minimum wage in recent years, creating a much higher income floor for young and poorer workers
Biden has erased $127 billion in student loan debt
(I know you hate that people might not suffer for life over getting a college education)
The current investment agenda from this administration will create growth and innovation opportunities for American workers for decades to come.
The WSJ (I doubt you read it)
Goods Deflation Is Back. It Could Speed Inflation’s Return to 2%.
Finally, data from a recent Economist/YouGov weekly tracking poll of registered voters doesn't track with your gloomy outlook and "regular people's view on the economy:
Click here to learn something outside the MAGATard universe. Since I doubt the attention span is there for this type of reading, here's the highlights:
Overall, how satisfied or dissatisfied are you with the way things are going in your life today?
Satisfied 64%, Dissatisfied 35%
How happy would you say you are with your current job?
Great deal/somewhat 80%, A little/not at all 19%.
Do you consider yourself paid fairly or underpaid in your job?
Paid fairly 56%, Underpaid 38%.
Do you think your family income will increase or decrease in 2024?
Increase 45%, stay the same 41%, decrease 15%.
See? It's not everyone. Just you and your buddies.
You're welcome.