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Speaking for myself, and I make a decent wage, all the headlines / media have made me re-evaluate how I am spending every penny. We no longer eat out as much, s
by uptownfunk 4y ago
Speaking for myself, and I make a decent wage, all the headlines / media have made me re-evaluate how I am spending every penny. We no longer eat out as much, spend on flights, try to do more things at home, just to be prepared for [more inflation | potential lay-off | some other macroeconomic event]
- jeromegv 4y agoMakes you wonder how much of your behaviour and fears are driven by headlines instead of reality. Sure things go up and down with the economy, but they also went very up for a lot of people (ie: demographic of people on hackernews) during COVID. https://www.washingtonpost.com/business/2022/02/23/savings-bank-accounts-covid/ https://www.washingtonpost.com/business/2022/02/23/savings-b... Flights are expensive because demand is through the roof while labor is not available to fulfill the demand. Same for eating out. Not negating that inflation is up within the last year, but did you realize how good were the last few years (even before COVID) but didn't quite realize as there was no headlines telling you that good news?
- uptownfunk 4y agoAbsolutely, it's why for the most part I try not to read the news.
- fundad 4y agoThey're trying super hard to speak a recession into existence because we know why.