this post was submitted on 02 Dec 2023
6 points (100.0% liked)

Neoliberal

5 readers
1 users here now

Free trade, open borders, taco trucks on every corner. Latest discussion thread: April 2024 **We in m/Neoliberal support:** - Free trade and competitive markets

founded 1 year ago
 

In an increasingly polarised and performative society, vibes are now often trumping objective reality

you are viewing a single comment's thread
view the rest of the comments
[–] ReallyKinda@kbin.social 5 points 11 months ago

It’s not a mystery, it’s a problem with averaging. The bell curve is shifting over because it is being skewed by whoever is raking it in due to artificially increased pricing. Many people keep a budget and aren’t relying on their feelings about the economy when they tell you that groceries cost them more than double their pre-covid budget thresholds for less and lower quality food, unsustainably high rents have increased from 10 to 30 percent for many (at least in cities), and electricity costs have continued to rise. If your wages didn’t increase enough to cover all those increases than you are personally worse off. Who cares how it averages out in the larger economy.