Posted on 02/07/2024 7:09:57 PM PST by where's_the_Outrage?
Clayton Wiles, a truck driver in North Carolina, earns about 20% more than three years ago. Kristine Funck, a nurse in Ohio, has won steady pay raises, built retirement savings and owns her home. Alfredo Arguello, who opened a restaurant outside Nashville when the pandemic hit, now owns a second one and employs close to 50 people.
But ask any of them about the state of the American economy, and the same gloominess surfaces. “Unstable” is how Arguello describes it. Said Funck: “Even though I’m OK right now, there’s a sense it could all go away in a second.”
There’s a striking disconnect between the widely shared pessimism among Americans and measures that show the economy is actually robust. Consumers are spending briskly—behavior that suggests optimism, not retrenchment. Inflation has tempered. Unemployment has been below 4% for 24 straight months, the longest such stretch since the 1960s.
The disconnect has puzzled economists, investors and business owners. But press Americans harder, and the immediate economy emerges as only one factor in the gloomy outlook. Americans feel sour about the economy, many say, because their long-term financial security feels fragile and vulnerable to wide-ranging social and political threats.......
Michael Strain, director of economic policy studies at the right-leaning American Enterprise Institute, said that the economy as people experience it in their daily lives explains most of the disconnect. While he sees some mismatch between sentiment and economic fundamentals, he believes that the corrosive impact of inflation accounts for much of it given its broad reach and because people became accustomed to very small price increases in recent years.
(Excerpt) Read more at msn.com ...
And communities are being overrun with crime, lawlessness, illegals, and covid.
Between higher airfares ($60->$200) and invaders taking up cheaper motel rooms, travel domestically is out of the question.
And the EU is so obnoxious I don’t want to give it money.
Food is a very important item.
Almost all the GDP growth since 2008 has been government deficit spending. 2 Trillion in 2023 alone. Government spending is now almost 30% of GDP. THINK about that. Scary thought. The economy is the government picking winners and losers. You are the loser - Hunter Biden is an example of the winners.
I’m drinking the only good bottle of cabernet sauvignon I’ve had in a longer time.
When the economy is strong, the supply of good wine that is cheap dries up.
I’ve been drinking merlot, but it is now rare to get a good cheap bottle of it. It used to almost always be cheap and good.
The WSJ says this is a strong economy.
That’s insane
The WSJ is now CIA and Satanic. Guess who they support.
The far-left, Zero Gs, student loan deadbeats appear to have taken over the Wall Street Urinal and swerved it to the left.
Ya nailed it.
These idiots especially on the left think their fake government numbers and garbage speeches Trump (pun intended) people’s real-world experiences.
Well real-world experiences TRUMP (pun intended again) their garbage fake stats. Also, nobody with a brain (which of course excludes most Dem voters) believes a thing the fedgov says or does anymore.
To any leftscum lurkers: Sorry, your lies don’t TRUMP (yet again pun intended) people’s real-world experience.
PS Kind of funny: anytime I want to mock the leftscum, TRUMP comes up. LOL
Home repair items have shot up in price. PVC pipe I paid $13 for in the Trump era was recently $36.
MSN trying to convince people that the massive inflation, astronomical debt that will have to be paid by the ever shrinking productive segment of the populace are a good thing. And along with the 8-10 million unskilled illegal alien parasites coming to suck the welfare system dry. Good for the economy too according the Democrats.
And lets not forget at a point in time where we’re more dependent on electricity that ever before the insane push from reliable coal to the extremely expensive, intermittent and unreliable wind and solar power systems to ameliorate a fictional anthropogenic climate changeo good for the economy too.
And the ever increasing regulations and restrictions on farmers along with the steep increases in diesel fuel prices causing less food and higher food prices, that’s good for the economy too
Democrats think the populace is stupid and don’t see through their fraud and lies. The sad part is they’re half right. People who vote Democrat are dumber than a box of rocks.
It’s only strong for the wealthy. But then again, the Democrats are the Party of the Rich.
For the most part, they're right.
Democrat voters are certainly stupid.
deepState WSJ/WEF .. ESAD !
-fJRoberts-
Two ice cream sandwiches from a convenience store cost me eight bucks. EIGHT BUCKS.
And these douchecanoes at the WSJ think THAT is a sign of a strong economy????
These gaslighters are disgusting. They’d sell their children to the devil for a chance to gain favor from these leftists. Sick in all ways.
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