This is the problem when measuring the economy looks only at the big picture. Things might be fine if you’re a landlord or own a bunch of stocks but it sucks shit if you’re working any kind of hourly job.
We are living in the most prosperous time in human history. Trillions of dollars move every day, elevating the lives of millions beyond anything previously dreamed possible.
Despite that, life sucks if you’re not in the top 10% of wealth holders on the planet. Healthy, capable people live in tents on the side of the street because the wealthy have decided they aren’t worth basic housing.
It’s not fair to call the economy good by first amputating the bottom and top 1% and blending the middle 98% into a homogeneous lump.
This is the problem when measuring the economy looks only at the big picture. Things might be fine if you’re a landlord or own a bunch of stocks but it sucks shit if you’re working any kind of hourly job.
We are living in the most prosperous time in human history. Trillions of dollars move every day, elevating the lives of millions beyond anything previously dreamed possible.
Despite that, life sucks if you’re not in the top 10% of wealth holders on the planet. Healthy, capable people live in tents on the side of the street because the wealthy have decided they aren’t worth basic housing.
It’s not fair to call the economy good by first amputating the bottom and top 1% and blending the middle 98% into a homogeneous lump.