40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’

return2ozma@lemmy.world to News@lemmy.world – 1005 points –
40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
fortune.com

“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

368

You are viewing a single comment

Gary Stevenson explains why this is, and why it's not gonna get better anytime soon.

This video is great. He put into words what I've been suspecting for a couple months now. He predicts asset/housing prices will continue increasing while living standards stay terrible and he thinks they'll get worse. I think he's absolutely correct. A better quality of life is being gatekept by the wealthy.