A Boring Dystopia

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As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows (apnews.com)

submitted 1 day ago by FlashMobOfOne@lemmy.world to c/aboringdystopia@lemmy.world

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WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels.

The Conference Board’s consumer confidence index slipped 0.7 points to 93.1 in May, the first decline after three months of gains. The measure hasn’t fallen as much this year as other gauges of consumer attitudes, but it has been stuck at a low level since the pandemic. Before COVID-19, it regularly reached 130.

A separate gauge of consumer sentiment released last week by the University of Michigan fell to a record low this month. Soaring gas and food costs have worsened inflation that is outpacing the average growth in paychecks, reducing most Americans’ purchasing power. Americans have soured on President Trump’s economic policies, polls show, potentially creating problems for Republicans heading into the midterm elections.

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[–] optimisticturtle@lemmy.world 7 points 20 hours ago (1 children)

If one were to do this in Minecraft, one should be aware that there may be ALPRs in the parking lot often capable of facial recognition, overt and covert in store cameras capable of facial recognition and bluetooth trackers to pinpoint peoples' exact location as they move through the store.

[–] Rekorse@sh.itjust.works 0 points 20 hours ago (1 children)

Ain't nobody going through any of that trouble for a loose screw. They will barely do it for tens of thousands of dollars in theft.

[–] OwOarchist@pawb.social 1 points 18 hours ago

Ain’t nobody going through any of that trouble for a loose screw.

Yep. They'll assume it came loose on its own, maybe through vibrations over time or something.

And, hopefully, they'll bring in a highly paid repairman to come fix the problem.