this post was submitted on 04 Feb 2024
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politics

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[–] [email protected] 31 points 9 months ago (1 children)

Ehh, I think the economy is doing okay. Inflation is being controlled/managed. In some cases it's correcting itself.

I have to agree. Some people are still certainly struggling, of course. Homelessness is still a problem in places. Many people still live paycheck to paycheck. But the economy isn't going to fully right itself in four years, especially with a hostile House that controls the purse strings.

Additionally, nothing has been done about greedflation (yet?). If Congress or Biden can figure out a way to force companies to stop tacitly colluding to squeeze more money from people, I would suspect more people would start to feel more optimistic about their finances (and the economy in general).

[–] [email protected] 10 points 9 months ago (2 children)

Greed will sadly have to wait....when your ship is sinking you gotta patch the holes first, then you can rebuild the troublesome parts.

The US is putting fingers in the holes of the dam right now and doing an okay job of it.

[–] [email protected] 18 points 9 months ago* (last edited 9 months ago)

I believe it's more like while this ship is sinking the majority are below decks with old buckets trying to desperately bail out the rising seawarer while the rich and those in power are above deck ripping off all the planks they can to build themselves a life raft, fully intent on leaving the rest of us to drown in the sinking ship.

[–] [email protected] 0 points 9 months ago (1 children)
[–] [email protected] 3 points 9 months ago

The one below mine is better lol.