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Record number of Americans are homeless amid nationwide surge in rent, report finds
(www.cbsnews.com)
this post was submitted on 27 Jan 2024
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But record low unemployment numbers guys! And wages made a tiny dent in decades of inflation!
Yea, I'm starting to have a hard time believing what they're telling us.
People drop off the unemployment numbers after 6 months as they're considered to have "given up" searching for work. They're one of many metrics the government uses to gauge how "good" our "economy" is doing that are absolutely useless and paint a false narrative.
Another "wonderful" metric is "family income."
Yes, family income has been steadily increasing since ~~women entered the workforce~~ the 60s-70s. Geez I wonder what could possibly account for that, it must be that ~~having 2 incomes became mandatory to survive~~ we're all just doing better!
I wonder how life is like for those who don't have a family income... Source: perpetually single, make 60k (in a VHCOL area) and have to live in a garage. (No I can't "just move," I am "uneducated"...)
Same when it comes to the stock market. Apparently, if the stock market is doing well, the "economy" is doing well. Pretty sure the stock martket doesn't help the majority of Americans in any meaningful way.
It literally destroys lives every 3 months when companies try to bury things that normally happen but don't mean profit under the rug by laying off employees so they can keep their stock market pimp daddy happy for another quarter.