this post was submitted on 25 Feb 2024
105 points (89.5% liked)
Technology
59589 readers
3024 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
What looks good about the economy, out of curiosity.
Unemployment is still low. The stock market is still high. Inflation is down to below historic averages.
The raw numbers look good. And if you want to complain about inequality, unions have been winning major concessions in a lot of their contracts recently, so wages have been going up as well.
Not to mention inequality isn't some new thing that's happening now. It's been happening for decades. It's not good but that doesn't mean the economy isn't doing well by the usual standards. We still need to do something about how shitty things are on that front but if we're trying to compare how the economy is doing compared to previous years, it's doing well.
The reason it feels bad imo is because money isn't free anymore so a lot of tech companies are laying people off. Also inflation wiped away many gains we all made with our salaries. We're doing better now, information stopped going out of control, but we're left with the shitty high prices that came with it and they aren't going down (because most of them are due to corporate greed, not real circumstances and costs).