Lee Duna to NewsEnglish • 1 year agoWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comexternal-linkmessage-square264fedilinkarrow-up1372arrow-down111
arrow-up1361arrow-down1external-linkWhy Americans feel gloomy about the economy despite falling inflation and low unemploymentapnews.comLee Duna to NewsEnglish • 1 year agomessage-square264fedilink
minus-square@IzzyScissorlink71•1 year agoBecause those two metrics are meaningless for the average person. Inflation is trending down… After it skyrocketed and is still way above affordable ranges. Employment rates are high… But those jobs don’t pay living wages. Go check how much savings the average American has, check what an average doctor’s visit costs, and then maybe you’ll understand the gloom.
Because those two metrics are meaningless for the average person.
Inflation is trending down… After it skyrocketed and is still way above affordable ranges.
Employment rates are high… But those jobs don’t pay living wages.
Go check how much savings the average American has, check what an average doctor’s visit costs, and then maybe you’ll understand the gloom.
Median figures are more accurate and scarier than average.