zorg1000 said:
It’s definitely a tricky situation running on the economy after two years of rising inflation & interest rates, while the economy is strong in a traditional sense (employment, GDP, real wages, stock market, etc) people just aren’t feeling it because of increased prices & borrowing costs. I think that same poll said a large chuck of the population thinks we are also in a recession. There is a huge disconnect between perception & reality. Biden & Democrats risk coming off as completely out of touch if they brag about things like the stock market while many Americans are struggling to afford groceries or feel like homeownership is out of reach. Even with inflation cooling and interest rates possibly going down in the near future, it will probably take a few years of steady wage gains for people to truly feel like the economy is going strong. |
This was what I was going to ask, how is the economy, cost of living, etc? I think I read a couple months ago that America is doing better than a lot of European countries but it still isn't great and I don't know how much has improved since but if there's still millions struggling with the cost of living, struggling to afford basic necessities such as food, bragging about the stock market over and over is just going to piss a lot of people off and come across as insensitive/out of touch.
Last edited by Ryuu96 - on 23 June 2024