A new Harris poll for The Guardian found that the majority of Americans believe that the U.S. is in a recession. This is patently untrue.� The U.S. is experiencing an ...
Rich people are doing good. Poor people are taking on credit card debt to buy basic groceries. People haven’t seen raises in years, or got them only on paper (for example, I got a raise, and then in the next breath got my hours cut to where it was actually a pay cut).
If people are struggling to buy basic necessities, they won’t spend on other things, which will slow the economy.
Rich people are doing good. Poor people are taking on credit card debt to buy basic groceries. People haven’t seen raises in years, or got them only on paper (for example, I got a raise, and then in the next breath got my hours cut to where it was actually a pay cut).
If people are struggling to buy basic necessities, they won’t spend on other things, which will slow the economy.
Did you even read the post you are responding to???
Most of what you said is false when generalised to the entire economy.
It might be true for you. It’s not true for most other people. You are trying to defeat a statistic with an anecdote.