Re:Why Are People So Down About the Economy? Theories Abound
by throwaway22032 on Thursday May 30, 2024 @04:41PM
(#40528430)
No, it just feels that way, because some things are actually up 40%, whilst other things are just less accessible in general or have been subjected to fees which can't be captured as a percentage rate.
The tradesman example I give is one of those. It's not x% more expensive to get something done, it's more like, the small jobs are now uneconomical to bother with at all, so you do it yourself to a lower standard which takes you time. Hence it feels as if the economy is doing worse, because you can't get as much done.
The tradesman example I give is one of those. It's not x% more expensive to get something done, it's more like, the small jobs are now uneconomical to bother with at all, so you do it yourself to a lower standard which takes you time. Hence it feels as if the economy is doing worse, because you can't get as much done.