The thing econ nerds like me so often miss when discussing “the economy” is that most people don’t interact with the economy in a context of caring about long-term growth, sustainability, debt ratios, import/export balances or anything like that.
Most people rely on the economy to deliver them stuff that they need and secondarily stuff that they want. When housing, energy and food costs are outpacing the other parts of the economy, then it’s not surprising that most people are unhappy.
BlackCat159 on
The good parts of the economy are because of Trump and the bad parts are because of Biden.
It’s that simple.
hairaccount0 on
The economy must be great for OP because they can afford to read the FT
3 Comments
The thing econ nerds like me so often miss when discussing “the economy” is that most people don’t interact with the economy in a context of caring about long-term growth, sustainability, debt ratios, import/export balances or anything like that.
Most people rely on the economy to deliver them stuff that they need and secondarily stuff that they want. When housing, energy and food costs are outpacing the other parts of the economy, then it’s not surprising that most people are unhappy.
The good parts of the economy are because of Trump and the bad parts are because of Biden.
It’s that simple.
The economy must be great for OP because they can afford to read the FT