The economic claims all just reveal that these people are making over $100k and living in a bubble. Even people doing reasonably well are noticing shit just keeps getting worse.
Fr, ranting about how shit the economy is and everything becoming more expensive is a pretty common conversation piece. Really gives away how out of touch these idiots are.
Because they assume that GDP, Stock Market and Job Creation are the only measure of how good the economy is.
Not more relevant statistics like: rent prices, food prices, wages
You can create millions of jobs but it doesn’t matter a bit if those jobs can’t afford a 1 bedroom apartment in any part of the country. Its the most clearest signal of how privileged the people on that subreddit in particular are.
Not like 80% of people under 35 will ever own a house anyway, but mortgage rates are at 8% right now. Even people making good cash would be paying 50+% of their income towards housing right now. What fucking planet are they from that that sounds like a healthy economy?
The economic claims all just reveal that these people are making over $100k and living in a bubble. Even people doing reasonably well are noticing shit just keeps getting worse.
Fr, ranting about how shit the economy is and everything becoming more expensive is a pretty common conversation piece. Really gives away how out of touch these idiots are.
Because they assume that GDP, Stock Market and Job Creation are the only measure of how good the economy is.
Not more relevant statistics like: rent prices, food prices, wages
You can create millions of jobs but it doesn’t matter a bit if those jobs can’t afford a 1 bedroom apartment in any part of the country. Its the most clearest signal of how privileged the people on that subreddit in particular are.
Even stocks are not doing well, the S&P 500 is trading around the same level as it was 2.5 years ago.
Not like 80% of people under 35 will ever own a house anyway, but mortgage rates are at 8% right now. Even people making good cash would be paying 50+% of their income towards housing right now. What fucking planet are they from that that sounds like a healthy economy?