• Lavitz@lemmings.world
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    4 months ago

    This! This! This!

    Anyone who can afford to invest seems to be doing fine and everyone else is screwed. Rent, bills and the cost of food are out of control.

    • Zak@lemmy.world
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      4 months ago

      The weird part is people think the president caused any of that or has the ability to fix it.

        • Zak@lemmy.world
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          4 months ago

          He is a politician running for reelection in a tight race. He’s going to claim credit for anything good that happened during his term that voters might possibly believe.

          That’s not even meant as a criticism; it’s just how the game is played.

            • Zak@lemmy.world
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              4 months ago

              Politicians claim all sorts of things that have, at best tenuous connections to reality.

              We shouldn’t accept the claim that Biden fixed the economy, nor Trump’s claim that Biden broke the economy, nor either of their claims that they’re going to fix it next term.

    • aubeynarf@lemmynsfw.com
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      4 months ago

      61% of adults in the US invest - not 1 or 2%.

      Prices on food have been decreasing, and mostly were a result of supermarket chains dialing their profit margin up - look at Kroger and Publix’ YoY profit margin numbers.

      Housing prices are currently seeing downward pressure. The zero interest rate is what blew up the bubble - and we’re now seeing the effects of correcting it back to a normal rate.