2 ms·
The media is peddling the opposite, that “things are still tough.” The numbers are clear: December CPI was hardly “through the roof”, wages ant anll levels are
by gumby 3y ago
The media is peddling the opposite, that “things are still tough.” The numbers are clear: December CPI was hardly “through the roof”, wages ant anll levels are still growing faster than inflation and consumer behavior (spending) is robust. Most people are acting as if the economy is strong.
This is the USA: poor people continue to suffer and governments at the state and federal level are increasing their suffering, especially kids. That is also getting reported.
It’s like the crime stats: people believe crime is raging “elsewhere though not here” even though trends are down mostly across the board.
https://www.bls.gov/news.release/pdf/cpi.pdf https://www.bls.gov/news.release/pdf/cpi.pdf
- the_doctah 3y agoI find it really hard to believe crime is down across the board. I don't even have to look it up to know that isn't true in cities. Sounds like something a liberal politician would say, since it's bullshit.
- mc32 3y agoWalgreens and such would not be pulling up stakes in places if it wasn't for rampant shoplifting. Other stores would not be pulling back on self-checkout either. Since police are mainly following up on serious crime, people ease up on reporting lesser crimes like break-ins, window smashing, porch thievery, etc. And then politicians point to statistics --which given dampened reporting, means they "look" okay, but on the street it's not okay. Never in my life have I see so much open selling of "not for individual sale, only for sale at $retail_store" on the sidewalks.