sudisjensobshs
Re:Payroll employment rises by 353K in January; unemployment rate rema...
on Friday February 02, 2024 @10:06AM (#39229395)
The fed was created to prevent the boom bust cycles we’ve seen for the past 100 years. I don’t think “making it hurt less” when your entire purpose is to avoid the pain is praiseworthy.
But who’s to say - maybe the rains do actually keep coming because we make all those sacrifices to the gods.
Re:Payroll employment rises by 353K in January; unemployment rate rema...
on Friday February 02, 2024 @10:00AM (#39229302)
Many urban areas saw an increase in crime starting around 2020. When it comes to crime (especially violent), it doesn’t take much to change your perception. 1 incident you’re personally involved in is usually 1 too many. Seeing near misses doesn’t help.
The economy is similar - unnecessary stuff is still accessible, but major necessities (food, housing) are worse than ever.
Trends are what influence perception - and rightly so. We’re the most technically advanced we’ve ever been and we’re regressing on the important things. Negative public reaction is (unfortunately) necessary to continue our overall positive trend.