If you look at the average salary, it has kept up or exceeded inflation, but it has taken some time to catch up. But again, it’s the sentiment. If people feel pooper, they are poorer, even if they are not actually poorer.
This is the kind of out of touch thinking that is why Harris lost.
It literally doesn’t matter how great the economy is if people are struggling, and they are.
No one gives a shit about how much the GDP grew, they can about the price of eggs and milk.
Harris repeated biden saying the economy is great and ignored that there are people struggling and focusing in on messaging to help them.
I know her policies might have helped the average American, but no one reads policies anymore, unfortunately.
GiddyGap@lemm.ee 1 week ago
AA5B@lemmy.world 1 week ago
Looks a lot like lack of awareness to me. The price of pretty much everything has at least stabilized or is down from the peak. Individuals are better off today than recently.
However prices are shockingly high compared to four years ago. Many are worse off than four years ago. The economy is trending much better at the individual level but people can’t get past the four years of buildup to realize that it has turned around
stoly@lemmy.world 1 week ago
The economy is stable and we’re at a new normal. People are hoping to take things back to how they were before even though that’s not how economies work.