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> Despite strong economic performance, a majority of respondents in every developed market do not believe they will be better off in five years' time. This is
by bostonvaulter2 7y ago
> Despite strong economic performance, a majority of respondents in every developed market do not believe they will be better off in five years' time.
This is because the economy is no longer working for the average/median American. Unemployment may be at record lows, but this is missing the point and is NOT the right number to be focusing on. This number does not capture all those people who have given up on working altogether and instead filed for disability and have given up hope. One way that we know this is that the suicide rate is at a record high and the average life expectancy for America is actually declining (which is very uncommon for a developed country)