• EatATaco@lemm.ee
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    11 months ago

    I’m just not that against it when people think it feels like a recession to them. The brunt of this soft landing is not even. It really does feel like it for a lot of lower class people being laid off or struggling to find work. I know of whole warehouses that have closed up in the last year or 2.

    This is the problem tho, it’s all anecdotal. Recessions aren’t individual things, because there are always going to be losers in any economy. Unemployment is at all time lows. Wage growth is beating inflation (and some of the biggest beneficiaries of this have been low wage workers). Inflation back down near desired levels. There’s tons of reason to be optimistic about the state of the economy. Don’t get me wrong, there is a long way to go to make up for what was lost over the pandemic and the subsequent inflationary period, but economic outlook looks good now.

    The doom and gloom is being amplified by Republicans in an attempt to hurt Biden’s chances of re-election. I wish people wouldn’t repeat their lies and help Trump get elected at the same time.

    My point is that it’s a term that has no solid definition.

    The world is a complicated place. The fact that one can’t precisely define something and there is a grey zone doesn’t make any claim, even those that fall clearly outside of that grey zone, valid. “It’s complicated, so any opinion is valid” is just not something we should get behind, as it justifies all kind of nonsense, like climate-change denial.

    • 1847953620@lemmy.world
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      11 months ago

      It’s all anecdotal, folks.

      I won’t vote for Trump, I just don’t like having to eat a shit pie and being told it’s french silk caramel, and if I say otherwise I’m Republican, Uneducated, or something else equally insulting.

      • EatATaco@lemm.ee
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        11 months ago

        Except noone of substance is telling you anything is french silk caramel. Your whole position is based on a incorrect premise that is the result of what appears to be a false dichotomy.

        If you’re position is this detached from reality, it’s no surprise you’re being accused of being uneducated or something equally insulting.

          • EatATaco@lemm.ee
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            11 months ago

            The whole debate is over the definition of a word so of course it’s going to be pedantic. Lol I’m not even sure you understand what that words mean.

            “OMG we’re in a recession”

            “Well, no not technically because the definition you are using is not the actual definition”

            “OMG you’re trying to tell me the economy is french silk caramel!”

            “Uh that’s not what they’re saying”

            It this is “pedantry” then surely you don’t understand the term.

              • EatATaco@lemm.ee
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                10 months ago

                You waited 12 days to respond with this garbage? lol I would have just moved on. It’s like your desperate to remind everyone how dumb you are.