this post was submitted on 11 Dec 2024
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[–] Stamau123 10 points 6 days ago
[–] Eldritch 11 points 6 days ago

Poverty is up uP UP! Economic liberalism working as intended.

[–] njm1314 7 points 6 days ago (1 children)

So from what I'm reading GDP is down poverty levels are up and unemployment levels are up. How is this not an economic depression exactly? Sure seems like one.

[–] [email protected] 4 points 6 days ago

The inflation rate is down from its recent high of 292%, now down to 166%. Which is better I suppose, still horrible though. And whether that's worth the massively increased poverty rate is... debatable to say the least.