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For some reason everybody keeps asking if “you feel better today than you did 4 years ago”, and for many people, the answer is pretty clear…
Prices for everything they are buying have stabilized but they haven’t gone back DOWN, The AVERAGE household is now making more than ever before but the MEDIAN household is still worse off in real terms than they were in 2019, which means a lot of people are just falling further behind.
That is, they are falling further behind the small group of households pulling the average up, and they are falling further behind on their own personal finances.
Household savings have been eliminated while credit card debt has climbed to its highest level in HISTORY, housing is less affordable than ever ESPECIALLY for people who weren’t lucky enough to lock in generationally low interest rates, And the job market has become filled with automated systems, endless interviews and roles that never really existed.
Unemployment may be down but that data point completely ignores the millions of people who have simply given up.
There are a lot of REAL problems hurting a lot of real people… and the worst possible thing you can do… is tell them how great everything is and how grateful they should be….
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