Because they assume that GDP, Stock Market and Job Creation are the only measure of how good the economy is.
Not more relevant statistics like: rent prices, food prices, wages
You can create millions of jobs but it doesn’t matter a bit if those jobs can’t afford a 1 bedroom apartment in any part of the country. Its the most clearest signal of how privileged the people on that subreddit in particular are.
Because they assume that GDP, Stock Market and Job Creation are the only measure of how good the economy is.
Not more relevant statistics like: rent prices, food prices, wages
You can create millions of jobs but it doesn’t matter a bit if those jobs can’t afford a 1 bedroom apartment in any part of the country. Its the most clearest signal of how privileged the people on that subreddit in particular are.
Even stocks are not doing well, the S&P 500 is trading around the same level as it was 2.5 years ago.