General Discussion

NCDem47

(3,315 posts)

34. The economy is great--for the investor class!

Mon Jan 15, 2024, 12:05 PM

Jan 2024

Which I have been both in and out of.

Many Americans are trying to make ends meet. They do...not...care about Wall Street or indicies or any other economic speak. What affects them day-in and day-out are income and expenses. Wages, food, housing, transportation, utilities, healthcare. The bare minimum staples that get us through life on a daily basis. These things just "feel" expense right now. Some real. Some perceived.

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Why are Americans so gloomy about their great economy? [View all] qwlauren35 Jan 2024 OP

Some of it is Farce News and Hate Radio, yes - but the cost of housing is taking its toll too peppertree Jan 2024 #1

Exactly. bamagal62 Jan 2024 #2

Another legacy of the Bush years, alas peppertree Jan 2024 #22

I think it's groceries. People gotta eat jimfields33 Jan 2024 #30

True. bamagal62 Jan 2024 #33

It is gross. jimfields33 Jan 2024 #44

Because Republicans try to convince everybody samplegirl Jan 2024 #3

Are? limbicnuminousity Jan 2024 #4

Arr mate! GreenWave Jan 2024 #26

Our, I think you mean and Tickle Jan 2024 #21

Along with Rebl2 Jan 2024 #23

no money... work hard but have no money. WarGamer Jan 2024 #5

It was only like 2 months ago that CW said we were soon to be in recession BootinUp Jan 2024 #6

been to the grocery store lately. nt msongs Jan 2024 #7

What is your point? BootinUp Jan 2024 #11

As Americans we have long been spoiled at the grocery store BannonsLiver Jan 2024 #14

I understand the current mindset. But BootinUp Jan 2024 #15

My patience is intact BannonsLiver Jan 2024 #16

Ok. But 1.99 for one can is insane. jimfields33 Jan 2024 #31

So the poor have no right to complain? Polybius Jan 2024 #43

people who have to pay for their own food think its still getting more pricey nt msongs Jan 2024 #17

Pet food prices - off the wall womanofthehills Jan 2024 #24

Lettuce not forgot how Trumpified the grocery store owners are. GreenWave Jan 2024 #27

GOP messaging takes nothing and makes it something, while Dem messaging takes something and makes it nothing! tableturner Jan 2024 #8

Steak or cheese at $19 a pound. Frozen dinners have doubled. doc03 Jan 2024 #9

The disruptions to the economy have not yet settled. eom BootinUp Jan 2024 #10

This message was self-deleted by its author emulatorloo Jan 2024 #19

This message was self-deleted by its author BannonsLiver Jan 2024 #12

Biden has done an excellent job, but The Revolution Jan 2024 #13

Everything being more expensive is why they are unhappy but GoodRaisin Jan 2024 #20

It doesn't matter. People always blame whomever is in charge MichMan Jan 2024 #38

Two words: Orange shitgibbon Kennah Jan 2024 #18

"Another element may be the tone of news coverage." Kid Berwyn Jan 2024 #25

Maybe it was in an unsnipped piece of the article but higher food prices seems like the #1 contributor. LonePirate Jan 2024 #28

Housing has become ridiculous ripcord Jan 2024 #29

Yep, its cost of housing. honest.abe Jan 2024 #39

My opinion inflation Tribetime Jan 2024 #32

It's right in the OP MichMan Jan 2024 #42

And I don't believe they include groceries in those calculations. Ace Rothstein Jan 2024 #45

The economy is great--for the investor class! NCDem47 Jan 2024 #34

Rent is too high, home prices are fucking ridiculous and groceries are still sky high. Autumn Jan 2024 #35

There are industries ScratchCat Jan 2024 #36

Real wages have risen since pre pandemic Johnny2X2X Jan 2024 #37

Wage growth isn't like COLA where everyone gets an across the board percentage increase. MichMan Jan 2024 #41

And inflation isn't across the board either Johnny2X2X Jan 2024 #46

Because of Predatory Capitalists artificial inflation. Emile Jan 2024 #40