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Notices by Jimmy (jimmylewis@hachyderm.io)

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    Jimmy (jimmylewis@hachyderm.io)'s status on Thursday, 28-Dec-2023 12:15:43 JST Jimmy Jimmy
    in reply to
    • Jay Kuo
    • Nobody ناچیز नास्ति (he/him)
    • Mister Sterling

    @tadbithuman @brendo @jaykuo This.

    The metrics used to determine how well the economy is doing are out of sync with reflecting how well the average person can afford to live. That is why "objectively" looking at the economy is actually still a subjective result. There is no "objective" view.

    Every article: "economy looks great by these metrics, lots of jobs, etc. Sure, inflation was high and salaries didn't compensate, but the economy looks great! Profits are up! Jobs are up!"

    In conversation about a year ago from hachyderm.io permalink

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