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Polling clearly indicates that the percentage of Americans who feel financially secure has been steady for years while the percentage who think the economy is i
by tootie 2y ago
Polling clearly indicates that the percentage of Americans who feel financially secure has been steady for years while the percentage who think the economy is in poor shape is increasing rapidly. It is 99% perception. People who are better off just won't say it when they think everyone else is struggling. The bull market in stocks and rising home values indicates anyone who owns any assets is doing very very well.
- brink 2y agoPosts on HN about tech workers struggling to find jobs and mass layoffs reaches the front page every week. Half my tech friends are laid off right now. That was not the case four years ago. Everyone I knew had a job, everyone had money.
- tootie 2y agoThat's perception. In reality layoffs happen all the time even in a growing labor market. I saw tech layoffs in my network up to maybe a year ago and almost everyone is employed again. We had a correction after what was the most overheated job market ever.
- Uncouple4063 2y ago> half my friends Yes, this is > 99% perception
- ThrowawayR2 2y agoUncertainty about how erratic US domestic and foreign policy is going to become as a result of the election is probably going to drop spending on US products globally, including software and high tech. If HNers were unhappy about tech layoffs now, well, IMO the public just voted for someone likely to cause even more of them.
- brink 2y agoWe'll see. However, that tactic of fear mongering and emotional manipulation only works for so long. You can only tell the American public the world is going to end so many times before they stop believing you.
- squigz 2y agoCan you link to some of that polling, please?