Inflation, partisanship and the pandemic have made them glummer than the numbers suggest they should feel

Inflation, partisanship and the pandemic have made them glummer than the numbers suggest they should feel

I think the author just looked up statistics to reach a conclusion convenient to them.

Just ask the actual people. (Why didn’t they do interviews?) There are so many details lost in their cherrypicked numbers. Prices, wages, housings, they are very bad according to what I read online, contrary to what the author argues citing average growths. Maybe they have no grasp of reality anymore?

  • flatbield@beehaw.orgEnglish
    1·
    7 months ago

    I am not sure I agree with their interpretation of the numbers. Inflation is not back to 2% and is unlikely to return there. Interest rates are high on loans. Stock market is not that up… just more recovering and the next 10 year return estimates are more like 6% not like the 10 or 12% people saw in the prior decade. Gas I do not use so I do not care. Geopolitics is concerning. Climate change is concerning. Internal politics is concerning. Both news and politics truth does not seem to matter… sensationalism seems more important then constructivism.

    Hard to find positives. Maybe macro employment numbers are good. Not sure about working conditions or if incomes have matched inflation. Probably not universally. We may have avoided a recession I guess that may be positive. Money Market, CD, and Bond interest rates are up which is nice for some.

  • Avid Amoeba@lemmy.ca
    0·
    7 months ago

    Maybe they have no grasp of reality anymore?

    Some economists not having a grasp of reality? 🤯

    • taanegl@beehaw.org
      2·
      7 months ago

      I wish whoever said that gets smacked into reality, because that is ridiculously tone-deaf.