As of the end of 2023, the typical U.S. worker could afford the same goods and services as in 2019, prior to the pandemic, and had an additional $1,400 to spend or save per year, according to a January analysis by Treasury officials.

Demar Byas of Pontiac, Michigan referred to experts touting the nation’s economic performance as a “slap in the face.”

“You’re celebrating these numbers, but we are struggling,” said Byas, who juggles several jobs to make ends meet. “It’s no relief in sight, and just say those numbers and to celebrate that, and as I said stuff becomes a slap in the face.”

    • protist
      link
      fedilink
      English
      arrow-up
      1
      arrow-down
      6
      ·
      edit-2
      9 months ago

      “Trickle-down economics” was about cutting taxes. Do you just lob that randomly at people to dismiss their thoughts without having to actually consider them?