Current Events > Do any of you believe that the u.s. economy is doing better overall than it was

(+) Yeah! (+)

....like 10 yrs ago?

it is easier to get a job than it was 10 years ago. Other than that, the economy sucks

Yes, absolutely.

The better question is do I believe e the average person is doing better because of it?

hexa posted...

it is easier to get a job than it was 10 years ago. Other than that, the economy sucks

yeah absolutely , places are really looking to hire, more than at any time that i can remember

Heineken14 posted...

Yes, absolutely.

The better question is do I believe e the average person is doing better because of it?

This. A country being wealthy just means its 1% are doing well. It has nothing to do with the common peasant (lol trickledown).

DoubleOSnake posted...

yeah absolutely , places are really looking to hire, more than at any time that i can remember

I disagree. Quit my job at the end of January. Sent out a ton of applications to crappy minimum wage jobs. Didn't get an interview until the end of June. Got the job, but it is at a grocery store. I know I'm not the only one who's been through this. Retail type jobs say they are always hiring, but nobody ever hears back from them.

loafy013 posted...

I disagree. Quit my job at the end of January. Sent out a ton of applications to crappy minimum wage jobs. Didn't get an interview until the end of June. Got the job, but it is at a grocery store. I know I'm not the only one who's been through this. Retail type jobs say they are always hiring, but nobody ever hears back from them.

But 10 years ago was the tail end of the recession with a still high unemployment level. Things arent perfect now, but its definitely overall an improvement.

loafy013 posted...

I disagree. Quit my job at the end of January. Sent out a ton of applications to crappy minimum wage jobs. Didn't get an interview until the end of June. Got the job, but it is at a grocery store. I know I'm not the only one who's been through this. Retail type jobs say they are always hiring, but nobody ever hears back from them.

Same in Australia. Everyones hiring! but no ones getting hired.

The economy has been replaced with an endless maze of captchas. All the job postings are fake and applicant demand that never gets fulfilled is misinterpreted as a measure of success.

flussence posted...

The economy has been replaced with an endless maze of captchas. All the job postings are fake and applicant demand that never gets fulfilled is misinterpreted as a measure of success.

It honestly feels like this from all my friends who had a hard time getting a job, though I realize that's purely anecdotal. Feels more like we've figured out how to con everyone in to believing we're massively successful, and not at all struggling to recover from the turmoil the pandemic thrust us in to.

R_Jackal posted...

It honestly feels like this from all my friends who had a hard time getting a job, though I realize that's purely anecdotal. Feels more like we've figured out how to con everyone in to believing we're massively successful, and not at all struggling to recover from the turmoil the pandemic thrust us in to.

will your friends accept retail jobs and stuff like that, though?

Wasnt there a poll about this a couple weeks ago?

Anyways I have a feeling something will happen pretty soon that will definitely affect the global economy.

Not really.

DoubleOSnake posted...

will your friends accept retail jobs and stuff like that, though?

Questionable. A few of em say they would, but I really honestly doubt it.

When was the last time the US was not a nation in debit?

Since the exact same topic (including the exact 10-year time frame) was on PotD already, I'll just copy/paste my answer:

The "real" economy has been on a downward spiral since pre-Great Recession (and the seeds of it have been planted and fertilized constantly dating back to Reagan).
Incomes are largely stagnant, costs of essentials have skyrocketed, jobs have been shipped overseas or replaced with automation, people are going into heavy debt (and more of it into high interest / risky debt like credit cards), the social security system is a decade from going bust, the government's debt load is getting so unwieldy that just paying the interest on it is becoming a huge portion of annual spending....

But hey, stocks have achieved near perpetual "line go up" status and the GDP is higher w/ the average person having nothing to show for it, so who cares about any of the above, right?