The Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Now

Rapidcreek@lemmy.world to politics @lemmy.world – 154 points –
The Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Now
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Because many ppl that earn that kind of cash live in high col area...where ur expenses eat up everything unless u are dual income. In bay area u pay 3k a month for an apartment...and food/gas bills easely add up to 2k....its rough...

thanks for the response this makes a lot of sense

i guess my mind cannot comprehend the finances of someone making more than i’ll ever hope to see 😭 so i have a hard time feeling bad for that population segment but maybe that’s something i should self reflect on

It's one of those things where the money sounds good until you realize you also have to live somewhere expensive to get it.

I could conceivably move to somewhere like ND and save a ton of money on housing and the necessities, but the limited job market could also mean that I would be unable to continue in the same career.

And switching jobs sound great, unless you're in an industry seeing large changes post-pandemic. It's certainly kept me from jumping ship. At least until I see my area of work stabilize.

To add to it, I am doing alright overall. But my student loans kicked back in, food prices have climbed, even my monthly utilities have increased as of a few months ago. So I might not be worried about keeping the lights on, I do feel the pinch and it doesn't make me feel overjoyed about the economy.