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Yeah I dislike this disingenuous and out of touch argument that "we're not in a recession because this random graph found is going up". More people can struggl
by joe_mamba 8mo ago
Yeah I dislike this disingenuous and out of touch argument that "we're not in a recession because this random graph found is going up". More people can struggle to pay bills even if the DOW and S&P is up.
Most people don't judge the economic situation based on graphs the TV shows them, they judge it based on how much month they have left at the end of the pay cheque
and how easy can they get a new decent job when they get laid off.
The economy != the stock market. I wish HN would get that, but since a lot of people here are asset millionaires, they're way too out of touch.