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Comment on Recession has struck some of the world's top economies. The US keeps defying expectations

The US keeps ignoring average people and only looks at the stock market… We have a bigger pool of poor people to tighten their belts, but mark my words: our economy is anything but recovered or good.

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farcaster@lemmy.world ⁨9⁩ ⁨months⁩ ago
Consider the situation in the rest of the world though. I hear from my European friends that not only inequality over there is worse than ever, their overall economies are stalling and governments are cutting spending. The US appears to be doing comparatively well, though as usual the poor still aren’t getting much out of it.

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- PP_BOY_@lemmy.world ⁨9⁩ ⁨months⁩ ago
  All of that applies 10x over for America
  
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- dumpsterlid@lemmy.world ⁨9⁩ ⁨months⁩ ago
  
  The US appears to be doing comparatively well, though as usual the poor still aren’t getting much out of it.
  
  I feel like you buried the lead here
  
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