If 99 homeless people and Elon Musk are in a room, the average net worth of every person in the room is 2 billion dollars. Why aren’t all 100 happy about that?

That’s because it is… the economy may be growing on paper but the portion of it most people have access to is constantly shrinking.

Yeah, people should be grateful everything is expensive as fuck and the planet is burning while the c-suites get more money than ever. A real accomplishment this good economy.

How does this “economic growth” benefit me? That’s right, it does not.

That’s because the recovery is very uneven. Not everyone is better off than they were pre-pandemic, but everyone is paying the higher prices.

All I think of when I read titles like this is that older meme that said switch “economy” with billionaires yacht money.

Despite billionaires yacht money growth, 70% of Americans believe the economy is getting worse.

Despite rich people’s money growth, 70% of Americans believe the economy is getting worse

Fixed the title for you

But, but, muh GDP.

The economy is fine, if you have money.

Because disability benefits haven’t increased in the past decade

The question to make is: For whom?

The bourgeois goes very well , thanks but for the workers is the opposite.

sounds like 70% of people don’t have 10s of thousands of dollars in the stock market

I just have one question: Growth for who?

Yeah I thought so….

I can’t imagine why…

Amazon’s growth is not Americans’ growth

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“The majority of people still say that inflation has caused hardship for their families, so I think that’s really kind of underlying a lot of what we see, even though a lot of the macroeconomic numbers are pretty strong at this point,” Jones told WTOP.

It’s difficult, if not impossible, to accurately determine the true state of the economy by looking at macroeconomic numbers alone. The modern economy is extremely complex, and that complexity is simply not captured in the GDP numbers, or the inflation figures, or the unemployment rate, etc. Behind each of those numbers are hundreds of millions of people, with different expectations.

I think this economy is just failing to meet a lot of people’s expectations, despite GDP growing and an unprecedented amount of wealth being created. I mean, maybe the economy will never be good enough, no matter how wealthy we all are. If the only way to be happy is to acquire more than you already have, you’re always going to be unhappy. I think that might explain why so many people are pessimistic about the economy even though the economic numbers are good.