Lee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agoInflation has created a dark cloud over how everyday Americans view the economywww.cnbc.comexternal-linkmessage-square46fedilinkarrow-up1178cross-posted to: news@lemmy.world
arrow-up1178external-linkInflation has created a dark cloud over how everyday Americans view the economywww.cnbc.comLee Duna@lemmy.nz to News@lemmy.worldEnglish · 11 months agomessage-square46fedilinkcross-posted to: news@lemmy.world
minus-squareoriginalucifer@moist.catsweat.comlinkfedilinkarrow-up22·11 months agoif ‘the economy’ is not really a metric the common man should care about in any capacity, why do news agencies push it like its the new god?
minus-squarechitak166@lemmy.worldlinkfedilinkarrow-up4·11 months agoEh, I also think all the people with $300k+ houses are interested in ‘the economy.’ It’s the rest of us that are hung out to dry. If you think millionaires are the only issue, you’re part of the problem.
minus-squarelewdian69@lemmy.worldlinkfedilinkarrow-up4·11 months agoI hear you but that number needs to be much higher these days. They’ve fucked the housing market too.
minus-squarechitak166@lemmy.worldlinkfedilinkarrow-up1·11 months agoEh, I bought my house for $60k and it’s 1,200 sq ft.
minus-squaremaynarkh@feddit.nllinkfedilinkarrow-up13·11 months agoThe “economy” means the stock market. It’s what is important for capital gains. Guess who owns the news?
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up2·11 months agoThe stock market was doing fine even when the economy was at its worst. 2008, this was not.
minus-squareSemi-Hemi-Demigod@kbin.sociallinkfedilinkarrow-up1·11 months ago why do news agencies push it like its the new god? Because it is the new god. Praise The Holy Economy and Its Invisible Hand!
if ‘the economy’ is not really a metric the common man should care about in any capacity, why do news agencies push it like its the new god?
It’s political propaganda.
Eh, I also think all the people with $300k+ houses are interested in ‘the economy.’
It’s the rest of us that are hung out to dry.
If you think millionaires are the only issue, you’re part of the problem.
I hear you but that number needs to be much higher these days. They’ve fucked the housing market too.
Eh, I bought my house for $60k and it’s 1,200 sq ft.
The “economy” means the stock market. It’s what is important for capital gains. Guess who owns the news?
The stock market was doing fine even when the economy was at its worst. 2008, this was not.
Because it is the new god. Praise The Holy Economy and Its Invisible Hand!