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The economy remains a top concern for US voters ahead of the presidential election
(www.scrippsnews.com)
this post was submitted on 17 Jun 2024
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No one who feels like they can't purchase a house is gonna say the economy is good. Very simple concept.
Simple and wrong-headed concept.
The US economy and one's personal financial situation are separate situations.
The economy is doing great, high dollar value, low unemployment, new job creation, small business subsidies, government investment, it's all greatly strengthening the dollar.
That's the strong economy.
Regulatory economic practices and corporate lobbying against fair pay and price limits on housing and living essentials has been increasing for the majority of Americans for decades.
No unions, no labor rights. No regulatory oversight, no mortgage caps.
The economy is doing great and it has nothing to do with grocery prices or something like gasoline which is largely imported and based on the whims of a single family thousands of miles away that wakes up and decides what the price will be.
Unemployment is a flawed 6-month rolling window metric that is ostensibly meaningless.
It's also bullshit that it doesn't include people who want employment but have given up due to being unable to find adequate employment.
It is pretty significant in terms of how many jobs are filled within a totally economy, spending trends, which affects how strong the dollar is.
It's an important metric, important as any other anyway.