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The personal experience of the economy isn't quite as you make it. In polls, people do complain about the national economy being in terrible shape, but by a fai
by bwanab 2y ago
The personal experience of the economy isn't quite as you make it. In polls, people do complain about the national economy being in terrible shape, but by a fairly good margin report that their own finances are in good shape. It's hard to weave a coherent narrative from those contradictory data.
- enraged_camel 2y agoThis discrepancy is easy to explain. My personal finances are quite fine but I have a LOT of friends who have to make a living doing several gig jobs. Said friends are, on paper, employed, and are getting by. But they are quite miserable: stressed, overworked, no leisure time and no benefits. That’s why the article author is correct that macro stats aren’t good at capturing the quality of the lived experiences of people - just the quantities.