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The standard head-in-the-sand HN response to pointing out the disastrous LPR is "old people are retiring". They don't bother looking into the reality that reti
by vox_mollis 11y ago
The standard head-in-the-sand HN response to pointing out the disastrous LPR is "old people are retiring".
They don't bother looking into the reality that retirements are being delayed and most underemployment or nonparticipation is within the prime working age demographic.
Point this out, and the response is downvoting. HN emphatically does not want to accept the possibility that the economy is anything but amazing, for reasons I cannot understand.
- bmm6o 11y agoI'm very willing to accept the idea that the economy's performance is uneven, with legitimate hardships in some areas/industries/demographics/etc. If what people observe is that there aren't any jobs near them, I wish they would say that, and not describe any economic trouble as a "depression".