The feelings aren’t without facts behind them. Mortgage rates are have almost tripled, home prices and rents are through the roof, gas at the pump has doubled and a McDonald’s meal that cost $6 a few years ago now costs around $15. And our debt has soared. Etc., etc., etc.
Cherry picking data is no way to give an accurate picture of the economy, Lenny.
1. This is true.
2. Median home prices have fallen about 12.5% the past two years.
3. Median rents also are down over the past two years.
4. Gas prices have only doubled when you compare it to the lows of the pandemic, which is an interesting point for you to choose given your earlier response to Fluffy (guess your point is meaningless, huh?). And a period, as we all know, of great economic prosperity. (Food for thought ... maybe gas prices aren't an indicator of economic splendor). They were $2.80 a gallon in April 2019; $3.60 in April 2024.
5. No, the price of a McDonald's meal hasn't grown 150% in the past few years.
6. Debt is virtually meaningless as an economic indicator. But given your concern, do you agree that the way to address the national debt is the only way it's been done successfully for 50+ years?
You and the administration may dismiss all of this (and more) and claim that all is seashells and balloons re the economy but the vast majority of the people are calling BS. They trust themselves to judge whether they’re better off now than they were BJ (Before Joe). You evidently don’t think average Americans are capable of making that determination. I disagree with you.
Lenny, hero of the common man.
Sorry, I stick to facts and data.
