“The economy looks to be recovering!”
The millions of people not doing great in various ways: “Yay.”
Things not getting worse and just starting to get better is good news. It doesn’t mean the end result its better yet though.
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Better for who?
Glad the economy is recovering.
Now can I please have a job that pays my bills before my unemployment and savings runs out?
Layoffs go brrrrrrrrrr
I literally just had a friend get laid off this morning, and then I went and looked at the news and saw that Microsoft laid a lot of people off.
This is of course after me and every single one of my colleagues were laid off because our company went under last August.
How rich people got richer?
Another K shape recovery.
Economic vibes are a trailing indicator. In fact, people tend to feel best about the economy before a crash.
We still haven’t seen the collapse of commercial real estate yet. It’s coming… will see how much it ripples through the banking system.
Its a sham. Its meant to look better without being better.
What do you mean? Inflation is literally down, with not recession being caused and no significant loss of jobs. Considering people were expecting a recession, this is a pretty good result.
We still have all that corp realestate debt on the bank balance sheets, while inflation is indeed “down” that just means prices are rising slower on the massive inflation we already had which is not helpful. The numbers put out in headlines are revised down every time after people are no longer paying attention.
Downvoted for facts? What is this, reddit?
Lol
You and OP are like that white dude popping out of wells saying “hmmm actually!” When most people are tired of increased costs, weakening purchasing power of common folk, and layoffs.
??? so we agree inflation is down and that’s better than a recession. We can see there’s still other issues to worry about economically, but that not the point. The point is that things are starting to look more optimistic with regards to inflation.
