• Hazdaz@lemmy.world
    link
    fedilink
    arrow-up
    33
    arrow-down
    12
    ·
    1 year ago

    That’s because our useless news media has been beating the drum of recession for literally years now because fear mongering is all they know how to do.

    • themeatbridge@lemmy.world
      link
      fedilink
      arrow-up
      41
      ·
      1 year ago

      Also because wages are still stagnant and costs keep going up. On average, the economy is doing great, but that news to the people on the bottom is just an indicator of how much they are being exploited.

      • Hazdaz@lemmy.world
        link
        fedilink
        arrow-up
        6
        arrow-down
        22
        ·
        1 year ago

        But that isn’t entirely true.

        “wages are still stagnant”

        Wages saw the biggest bump in decades just a couple of years back. The article is from late 2021, and while that feels like it was an eternity ago, the reality is that it was less than 2 years ago.

        https://apnews.com/article/business-wages-salaries-increase-8ce98ea3bcc14c4810eb5a1111e1df49

        “costs keep going up”

        US inflation is the lowest of almost all industrialized nations - down to 2.97% right now, compared to 3X that a year ago.

        • I_Has_A_Hat@lemmy.ml
          link
          fedilink
          arrow-up
          12
          arrow-down
          4
          ·
          1 year ago

          US inflation is the lowest of almost all industrialized nations - down to 2.97% right now, compared to 3X that a year ago.

          Tell me why I should give a shit when my grocery costs have more than doubled since 2020 and have yet to come down. Inflation rate is meaningless for those of us not in the top 1%. What good is it to me to hear the inflation rate was only 3% last month if a bag of cereal still costs $7? Should I simply be grateful that things aren’t getting worse, faster?

            • meyotch@slrpnk.net
              link
              fedilink
              English
              arrow-up
              5
              ·
              1 year ago

              Wait, at the moment you are being severely downvoted for posting a link to the best statistical source we have for the US on this topic? WTF is wrong with people?

              • Hazdaz@lemmy.world
                link
                fedilink
                arrow-up
                5
                ·
                1 year ago

                Because people don’t want the truth, they just want to complain.

                And I get that.

                It’s a natural human reaction, but it is also annoying because some of these same people would demand a citation and I’ve given them exactly that.

                • meyotch@slrpnk.net
                  link
                  fedilink
                  arrow-up
                  3
                  ·
                  1 year ago

                  Lately I’ve been telling people who ask for sources that they need to convince me they are asking in good faith. Real sincere responses will get a source, the real utility is it ends the conversation more quickly when it’s a disingenuous request. Best to save energy for the teachable.

                  • Hazdaz@lemmy.world
                    link
                    fedilink
                    arrow-up
                    2
                    ·
                    1 year ago

                    They’re not looking for actual citations. Google works just as well for them as it does for you. They want to waste your time.

            • great_site_not@lemmy.world
              link
              fedilink
              arrow-up
              4
              ·
              1 year ago

              I just looked over that page, and I couldn’t find any data on I_Has_A_Hat’s grocery costs between 2020 and now. Would you mind pointing it out for the benefit of me and other particularly dense people in the audience?

              • Hazdaz@lemmy.world
                link
                fedilink
                arrow-up
                4
                ·
                1 year ago

                The first column. Cookies, beef, chicken, milk, pasta… literally anything you’d buy at a grocery store.

                  • Hazdaz@lemmy.world
                    link
                    fedilink
                    arrow-up
                    2
                    ·
                    1 year ago

                    Yeah, I’ve done that about a dozen times now and it works perfectly fine. If someone can’t navigate a website, then rhey maybe shouldn’t be commenting on it’s contents.

    • TheKingBee@lemmy.world
      link
      fedilink
      English
      arrow-up
      41
      arrow-down
      2
      ·
      edit-2
      1 year ago

      Rent is up, grocery prices are up, gas is up again, pay hasn’t kept up with inflation, corporate profits at all time highs and Powell at the Fed is literally trying to weaken labors negotiating power, but sure it’s the media brainwashing people…