hark ,
@hark@lemmy.world avatar

The majority of Americans know their situation sucks, they're just not able to express it in numbers, probably because they're busy trying to live their lives. These articles do nothing but smugly highlight that the numbers are tracking the wrong things. Unemployment being low doesn't mean much if a huge chunk of employment is shitty gig work. The stock market being up doesn't anything if over 90% of the stock market is owned by 10% of people. GDP doesn't mean shit and a prime example of that is Canada having nearly 40% of their GDP being made up by overpriced housing, in that case it's just people selling housing at each other and jacking up prices each time while renting it out at exorbitant rates. Not really much being produced there, certainly nothing that improves people's lives (except speculators).

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