General Discussion

intheflow

(28,460 posts)

55. These are only business economic indicators.

Wed May 10, 2023, 08:12 AM

May 2023

On a human level, the economy sucks. Food prices up 40%. Housing unaffordable in most of the country, rents are out of control and small houses cost a quarter of a million with high interest rates. And job creation is the most bs indicator because what are the jobs and what do they pay? Part time minimum wage jobs? The economy does suck right now for a lot of people.

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Are they just insane? Why do the American People overwhelmingly think the economy is doing poorly? [View all] NewsCenter28 May 2023 OP

Manufactured outrage, though inflation is a real concern it is overblown. . . nt Bernardo de La Paz May 2023 #1

For sure it is overblown NewsCenter28 May 2023 #4

But the media are not reporting that. wnylib May 2023 #12

And since Biden won, there are monthly "the economy is going to collapse" stories Claustrum May 2023 #22

We need to counter that corporate message. wnylib May 2023 #25

And inthewind21 May 2023 #96

Ummm Zeitghost May 2023 #103

That's it. 2naSalit May 2023 #45

Same here. I've never had it this rough financially in my adult life. With the greedy corporations liberal_mama May 2023 #90

Welcome inthewind21 May 2023 #98

It's not good for everyone. Cobalt Violet May 2023 #2

It's never been good for everyone. Phoenix61 May 2023 #5

It's the joys of a fact free universe that MSM seems hell bent to support. Phoenix61 May 2023 #3

Exactly, Phoenix, exactly-also I completely forgot about the bipartisan infrastructure bill and IRA NewsCenter28 May 2023 #6

paychecks not keeping up with inflation Skittles May 2023 #7

That's been an issue for the last 50 years. nt SunSeeker May 2023 #21

While At The Same Time Blaming Inflation On "Rising Wages". ruet May 2023 #102

Simple Deminpenn May 2023 #8

Also high interest rates are jacking up peoples' credit card payments. femmedem May 2023 #9

The Fed Old Crank May 2023 #18

100% this. maxsolomon May 2023 #86

IINM housing went up the most and is not going down in most regions in the US uponit7771 May 2023 #134

Inflation.... especially for big things...and drug shortages JT45242 May 2023 #10

I had to get a plumber mnhtnbb May 2023 #27

I'm sure the handyman could have done it radius777 May 2023 #128

Get a few estimates Delarage May 2023 #38

We need a new heat pump Freddie May 2023 #67

Where do you live? Delarage May 2023 #113

Philly suburbs Freddie May 2023 #114

That's what my guy suggested too Delarage May 2023 #115

Our electric co-op phased out rebates for all but heat pumps... JT45242 May 2023 #69

This economy is really good for rich people. druidity33 May 2023 #11

Yes, I was just going to tell OP - Backseat Driver May 2023 #68

The economy is at least as good... Happy Hoosier May 2023 #123

I have no idea what you're talking about. nt. druidity33 May 2023 #124

Food, gas, rent, house prices, mortgage rates. honest.abe May 2023 #13

+1 2naSalit May 2023 #48

+1 H2O Man May 2023 #85

+1 Tree Lady May 2023 #91

+1, uponit7771 May 2023 #135

According to Gallup polls, the number of Republicans thinking the economy was getting better betsuni May 2023 #14

+1 Claustrum May 2023 #24

link for that, in case people want to use it Celerity May 2023 #47

That chart is quite informative MichMan May 2023 #106

It seems that certain segment of America has made selfishness into a virtue Walleye May 2023 #15

Inflation artificially produced by predatory capitalism. Emile May 2023 #16

media RandiFan1290 May 2023 #17

Corrections inthewind21 May 2023 #99

Spot on, however Jimbo S May 2023 #19

K & R SunSeeker May 2023 #20

For every problem in the world... Hieronymus Phact May 2023 #23

When a 12 pack of Pepsi costs 9 bucks, I don't think the economy is so great. BlackSkimmer May 2023 #26

I agree. It's the groceries. uberblonde May 2023 #28

Yes, it's obviously price gouging, and it seems to be continuing. BlackSkimmer May 2023 #29

With some items, the news isnt giving the REASONS. Like eggs oldsoftie May 2023 #31

I don't live in the U.S. and the shrinkage is terrible. betsuni May 2023 #35

I eat very little, and I find "U.S." portions impossible for me to eat. BlackSkimmer May 2023 #64

I eat very little also. llmart May 2023 #125

Definitions Define Narratives MayReasonRule May 2023 #41

"There-in" BlackSkimmer May 2023 #74

Lol, Speech To Text Is Tricky... Good Catch! MayReasonRule May 2023 #107

The OP is based on business interests. intheflow May 2023 #58

I keep wondering wtf is going on with potato chips Sympthsical May 2023 #63

Lol! BlackSkimmer May 2023 #120

Groceries. Toiletries. phylny May 2023 #118

If one is poor enough to notice this treestar May 2023 #129

Well, a negative or flat GDP for 2 qtrs is considered "recession'. We've had that. oldsoftie May 2023 #30

If you think the price The Wizard May 2023 #42

because of a lack of critical thinking skills Red Raider 85 May 2023 #32

Bingo inthewind21 May 2023 #101

go to a big box home improvement store onethatcares May 2023 #33

Huh inthewind21 May 2023 #105

no, none of the above onethatcares May 2023 #110

The only economic indicator that matters when it comes to politics is how people feel, and the WhiskeyGrinder May 2023 #34

This. Absolutely. BlackSkimmer May 2023 #77

+1. N/T obnoxiousdrunk May 2023 #78

Absolutely. A lot of people are really struggling financially now. When someone is living paycheck liberal_mama May 2023 #94

+100 Withywindle May 2023 #116

MSM. NT usonian May 2023 #36

Polling often gives false impressions. The Wizard May 2023 #37

It comes down to one thing, IMO. The price of groceries. Vinca May 2023 #39

Have you gone grocery shopping lately? Have you looked at materials Autumn May 2023 #40

The nerve of some people, Fla_Democrat May 2023 #43

Do people want an answer? Sympthsical May 2023 #44

Well said Farmer-Rick May 2023 #59

No, they do not. OldBaldy1701E May 2023 #60

Bravo. This post deserves it's own OP. So much truth. n/t Fix The Stupid May 2023 #76

Last time I pointed this out I got a hide. oldsoftie May 2023 #79

By your own inthewind21 May 2023 #108

Prime age LFPR is back where it was before pandemic (WH Link), people are retiring or died during uponit7771 May 2023 #136

That doesn't contradict what I said. Sympthsical May 2023 #139

unnn, ... uponit7771 May 2023 #140

Wage growth vs inflation Johnny2X2X May 2023 #46

Stayed with my cousin in CT last week mountain grammy May 2023 #49

Did she qualify how? maxsolomon May 2023 #117

No because she has no idea.. mountain grammy May 2023 #121

There are big companies doing reductions in force, and I know Ilsa May 2023 #50

The media and gouging Bettie May 2023 #51

and the economy is never perfect for everyone RandiFan1290 May 2023 #53

I lost money in the third and fourth years of Trump's presidency. Emile May 2023 #52

Black Americans are more likely to be working than white Americans for the first time on record Celerity May 2023 #54

These are only business economic indicators. intheflow May 2023 #55

90% of U.S. media, is owned by 6 companies Botany May 2023 #56

One of the most ridiculous false claims ever. onenote May 2023 #130

Why do people think the economy was better under Trump when he left office with the worst jobs doc03 May 2023 #57

Same reason they thought it sucked in 2016 and got better under trump...propaganda...nt Wounded Bear May 2023 #61

My retirement accounts are still down significantly and inflation has been the highest in decades MichMan May 2023 #62

Yes, I find it very concerning. BlackSkimmer May 2023 #81

Rents are rising and the price of food is astronomical. milestogo May 2023 #65

The inflation RATE dropping is a meaningless indicator to the average voter... brooklynite May 2023 #66

Right, prices are still going up, just not quite as fast as they were before MichMan May 2023 #73

They literally thought Obama destroyed the economy Johonny May 2023 #70

The media tells them lies. yardwork May 2023 #71

Seems insane to me to tell people the opposite of what they are experiencing. Ace Rothstein May 2023 #72

Stop listening to worthless polls...and consider the GOP won't give Biden credit for anything. Demsrule86 May 2023 #75

Overall I agree economy is great Marthe48 May 2023 #80

Nope, not insane. BlackSkimmer May 2023 #82

Even buying Wal-Mart brands prices went up XanaDUer2 May 2023 #83

No kidding! BlackSkimmer May 2023 #84

Majority of Americans live paycheck to paycheck XanaDUer2 May 2023 #92

I agree. BlackSkimmer May 2023 #95

Omg XanaDUer2 May 2023 #97

Probably because it is? FBaggins May 2023 #87

I suspect it is partly a desire for those polled to sound knowledgeable and to project the future karynnj May 2023 #88

Three main reasons, IMO.... Happy Hoosier May 2023 #89

They believe it because the MSM's fear-mongering has been incessant. GoCubsGo May 2023 #93

Because they aren't as afluent as you are iemanja May 2023 #100

Exactly! Why insult people who are experiencing a totally different economy right now than the liberal_mama May 2023 #112

The most talked about recession that never was. nt 617Blue May 2023 #104

grocery prices, rent, can't afford a house, gas... pinkstarburst May 2023 #109

They are not insane. They are misinformed and Partisan. Caliman73 May 2023 #111

How times have changed obnoxiousdrunk May 2023 #119

For those of us living on social security or close to it Amaryllis May 2023 #122

Inflation is still punishing on daily expenditures SYFROYH May 2023 #126

Because of fucking Fox News, that's why. Initech May 2023 #127

Not as many people watch Fox as you seem to think. onenote May 2023 #131

True but FAUX News sets the ratings agenda for the rest of media which is sickening. Obama had uponit7771 May 2023 #137

And they also call the shots for nearly the entire GOP. Initech May 2023 #142

+1, uponit7771 May 2023 #143

Because it is for many of us? Polybius May 2023 #132

It's these kind of OP's that will get us into denial later. Xolodno May 2023 #133

The UE numbers are real and underemployment is low also(link). Housing up 20% is the uponit7771 May 2023 #138

Hmmmmm because it is. nt Raine May 2023 #141

MSM likes reporting bad news. lpbk2713 May 2023 #144