• Muscle_Meteor@discuss.tchncs.de
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    23 hours ago

    Its not a good thing but I dont think it will really gaslight the public. The average persons understanding of if their countries economy is doing well or not boils down to “do i feel richer or poorer than last election?”

    Despite what some might think of bidenomics, which showed by most traditional metrics that the US economy was improving and recovering well from the pandemic, people still felt the economy was doing poorly because they felt poor… Because a lot of people now are poorer than previous generations. Which of course those tradtitional metrics dont really take into account that people get paid fuck all now, but my point is just that the official numbers dont mean a lot to the average voter.