• Poison_Ivy [comrade/them]
    ·
    edit-2
    1 year ago

    Because they assume that GDP, Stock Market and Job Creation are the only measure of how good the economy is.

    Not more relevant statistics like: rent prices, food prices, wages

    You can create millions of jobs but it doesn't matter a bit if those jobs can't afford a 1 bedroom apartment in any part of the country. Its the most clearest signal of how privileged the people on that subreddit in particular are.

    • Kieselguhr [none/use name]
      ·
      1 year ago

      Stock Market

      Even stocks are not doing well, the S&P 500 is trading around the same level as it was 2.5 years ago.