| ▲ | throwawa1 3 hours ago |
| Its been unreliable my entire life. Every year the economy gets better but life gets worse. You can't even recognize the country any more. |
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| ▲ | CalRobert 3 hours ago | parent | next [-] |
| The economy can get better while life gets worse for most people. After all, an economy where 95% of the work was done by enslaved people might produce amazing profits and a very high GDP.... |
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| ▲ | lokar 3 hours ago | parent | next [-] | | The use of GDP, or GDP/Population as the primary metric is a real problem. We need to use a metric that is closer to "total economic benefit for the median person", that would include income, as well as government services. | | | |
| ▲ | Joel_Mckay 3 hours ago | parent | prev [-] | | GDP is a measure of economic activity, and goes up when people are forced to rebuild after natural disasters etc. %Debt to GDP excluding military pay and allowances indicates how your grandchildren will live. Above >130% they will be poor, and remain poor indefinitely. You may disagree, but it is not like anyone wants this to happen. The economic conservatives were compromised, and went insane =3 | | |
| ▲ | CalRobert 2 hours ago | parent [-] | | I wish it were easier to measure well-being. Someone who works 20 hours a week and half has as much money may well be enjoying life more than someone working 40 hours a week, but we don't quantify this well. When I lived in California I was always weirded out by colleagues talking about how they never took vacations. It's like bragging about being poor. | | |
| ▲ | Joel_Mckay an hour ago | parent [-] | | Generally, there is a fundamental philosophical difference between currency and wealth. In silicon valley, a middle class life is well over >$180k/yr, as Rent-seeking economics is unsustainable. Rule #23: Don't compete to be at the bottom, as you just might actually win. Have a glorious day =3 The ikigai chart helps some highlight better options: https://hyperisland.com/en/blog/thought-leadership/feeling-d... |
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| ▲ | kenjackson 3 hours ago | parent | prev | next [-] |
| It may be unreliable to you. I see the life of most people around me getting better. Even people that are somewhat poor (not dirt poor, but free lunch poor) have homes, three squares and snacks, PS5, mobile phones with cellular data, and cable tv. The biggest life issues I see are usually strongly related to substance abuse and mental health. Transplanting to even just the 80s would be a culture shock for most people. |
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| ▲ | hackable_sand 18 minutes ago | parent | next [-] | | Still waiting on your evidence for peoples' lives getting better | |
| ▲ | HEmanZ 2 hours ago | parent | prev [-] | | There is huge variation in what the US trend looks like from the ground that varies by region, age, income level, industry, and demographic. EI think if you’re a professional class baby boomer the trajectory has looked fantastic through your life. If you’re a 35 middle income living on the coasts (where at least 100 million Americans live) you may have watched affordability collapse and QOL decease significantly over the last decade. |
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| ▲ | pyronite 3 hours ago | parent | prev | next [-] |
| A subjective sample of yourself isn’t representative of the overall economy or the way an economy should be run. |
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| ▲ | mattmaroon 3 hours ago | parent | prev | next [-] |
| I honestly think that the idea that this is what’s happening is almost entirely propaganda. I think people have an overly
rosy view of the past and an overly negative view of the present. What has changed more than anything is we all have the 24/7 instantaneous news cycle, and algorithmic propaganda delivery. Every election year zillion of dollars get spent convincing you the country went to hell in a handbasket because of the other party. Which is not to say there are not issues, or even some new ones, but I don’t think the present is significantly worse than the past in many ways, and it is significantly better in several |
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| ▲ | righthand 2 hours ago | parent [-] | | This is overly optimistic and a "it hasn't happened to me yet so who cares" view. World War 3 has started and DHS is killing Americans and rounding up people in the street because one side was able to convince the country that the only thing to do was destroy and hurt a lot of people including themselves. That's not better than my past and it is significantly worse in a lot of ways. I haven't even received a cost of living increase in my salary in the last 5 years, let alone watch things and places I enjoy in life be dismantled so someone can make money off the attainment of bread. | | |
| ▲ | mattmaroon 2 hours ago | parent [-] | | We were speaking about economics. But I’m sorry anybody who thinks World War III has started has had their brain warped by propaganda even worse. You probably didn’t mean to illustrate my point but you did perfectly. World wars happened when large numbers of countries had mutual aid agreements that were triggered. Those largely don’t exist anymore outside of NATO. See how literally nobody is putting troops on the ground to defend Iran, Ukraine, Gaza, Lebanon, etc. If world war war risk existed, the nukes would already be flying and we wouldn’t be having this discussion. The propaganda I’m talking about is very clear in your comment, you can’t just say some things suck, and there are things you don’t like, it has to be the most extreme version. We can’t just be involved in a couple wars we shouldn’t, it has to be World War III. Trump can’t just be a terrible president. He has to be Hitler. The DHS has killed three people, which is terrible, but it’s pretty far from the gestapo. That extremeism is exactly what I’m talking about. I’m sorry your income has not increased in the last five years, but that is not the average Americans experience. The plural of anecdote is not data. |
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| ▲ | Negitivefrags 3 hours ago | parent | prev [-] |
| I’m curious how you would respond to the arguments in this video. https://youtu.be/9KJTWmRrneo?si=I9mvSPfDnhkckb9n |
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