General Discussion
In reply to the discussion: Are they just insane? Why do the American People overwhelmingly think the economy is doing poorly? [View all]Farmer-Rick
(12,887 posts)It's the fact that we started Biden's economy from the hell that was Trump's economy, is why it looks like we should be having a great life.
For example, Biden gave us on Social Security a cost of living raise. But that was after they charged us $164.90 each month for Megicare. It use to be free. The amount changes every year and it hasn't gone down. That's 41% of my food budget.
I have 2 millennial adult children. Both have full time jobs but their savings has been wiped out. Their pay barely covers food and rent and those prices keep going up. Their prospects of getting the kind of good paying jobs they had before the pandemic are gone. Those jobs were wiped out.
So, on the surface Biden's economy looks good but living in it is hard. There seems to be 2 Americas. You get the choice of no benefits, crappy pay with ignorant bosses jobs or if you are lucky or born to wealth, great jobs that everyone wants and the competition is staggering.
My daughter applied for a job the other day, 500 people had already applied for it. Probably all those people already have jobs too. But I never had that kind of competition when I applied for any job I've ever held.