• Facebones
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    6 months ago

    “The Economy” = The Stock Market. Nothing else, no other metric.

    • SCB@lemmy.world
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      6 months ago

      There are 2 jobs for every person, providing wage pressure on employers, and offering more choice in work people can do.

      Some people are struggling, yes, and we should do things about that.

      But it’s way better to be struggling when you have options than when you do not. I was poor in 2008, and it’s no fucking comparison at all.

      The economy’s health directly impacts people of every income level

      • Facebones
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        6 months ago

        You only have the illusion of choice, as evidenced by the “booming economy” which just actually means being extra effective at funneling all economic output straight to the top.

        • SCB@lemmy.world
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          6 months ago

          This doesn’t match the reality of the number of job moves and open positions.

          • Facebones
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            6 months ago

            Open positions =/= open positions that pay a livable wage.

            • SCB@lemmy.world
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              6 months ago

              Except having more open positions than people directly translates into higher wages, so even this broad nothing of a statement is still incorrect.

              • Malfeasant@lemmy.world
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                6 months ago

                Unless the “open positions” are only open on paper, and the company has no real desire to fill them…

      • Malfeasant@lemmy.world
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        6 months ago

        There are 2 jobs for every person,

        Yes, unfortunately it is often the case that the same person is working those two jobs out of necessity.

    • Soup@lemmy.world
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      6 months ago

      Or GDP, which also just says how much money a company is making but has the added bonus of making people proud of their country to where they don’t think any harder about it.