Majority of Americans wrongly believe US is in recession

Re:Majority of Americans wrongly believe US is in recession ... by laidoffamazon on Wednesday May 29, 2024 @07:20PM (#40518282)

Except lower class people got the highest increases in wages over the last few years. It's only the top 5% that haven't netted out far ahead, and they're basically at the same level as before.

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Re:Majority of Americans wrongly believe US is in recession ... by sigmar on Wednesday May 29, 2024 @07:30PM (#40518368)

Yeah, was going to comment the same. Pretty clear evidence of a lot of wage compression the past few years https://www.nber.org/papers/w31010 https://www.ft.com/content/f32d4927-a182-4d7c-bf2d-dd915ef84...

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Re:Majority of Americans wrongly believe US is in recession ... by laidoffamazon on Wednesday May 29, 2024 @07:37PM (#40518429)

When you bring this up people call it "gaslighting" because positive news can't be real. It's honestly bizarre.

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Re:Majority of Americans wrongly believe US is in recession ... by a0986373 on Wednesday May 29, 2024 @10:34PM (#40519572)

Your data ironically cannot be viewed unless you are a paying member.

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Re:Majority of Americans wrongly believe US is in recession ... by a0986373 on Wednesday May 29, 2024 @10:33PM (#40519566)

And how has the cost of living/housing/transportation increased? And not just over 5 years. Over decades. How much more are they actually saving compared to 10 or 20 years ago? The reason why your points are considered "gaslighting" by others is because you are addressing the wrong questions.

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