@bloombergbusiness: “I’ve never seen anything like this where the economic data right now is about as good as it gets... and yet the voter attitudes toward the #economy are pretty negative,” says Evercore Founder and former United States Deputy Secretary of the #Treasury Roger Altman. #money #finance #inflation #US

Bloomberg Business
Bloomberg Business
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Region: US
Thursday 31 October 2024 17:41:09 GMT
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3624362mike
Michael landers :
corporations are still price gouging. consumer goods and services/ housing don't match the pay.
2024-10-31 19:37:58
2133
hideflolife
hideflolife :
let me explain it better: wage inflation hasn't kept up with goods/services inflation
2024-10-31 20:38:09
1850
hldrifter
hldrifter :
clearly the metrics used do not capture the real picture because they do not show the distribution of income and the prices of basic goods that are relevant to the middle and lower class.
2024-12-16 09:17:33
0
elduplexking
Duplex King: Real Estate- Biz :
price gouging and corporate greed at an all time high
2024-11-01 00:38:50
790
1sweetchuck
1SweetChuck :
The bottom line is I have less of my pay check left at the end of the month compared to 2020, I live in the same place, buy the same groceries, and I’m falling behind.
2024-10-31 19:58:31
386
jrh989
dumba$$mechanic :
it all comes back to corporate greed. they are all price gouging for no other reason but they can!
2024-10-31 20:49:59
709
beanz9995
Beanz999 :
The data only shows what benefits the rich. Look at wage growth vs productivity and tell me how ordinary people are supposed to be happy about that
2024-10-31 18:01:45
470
haljordanfit
Hal Jordan :
The public would have a totally different outlook if their wages kept up with inflation. They haven’t and this is the ramifications of that
2024-11-01 15:17:23
18
garebear280
Garebear :
Inflation will have to stay at 2% and wages will have to come up 3to 4% every year for 10 years to get things balanced
2024-11-02 17:02:07
0
stealthmi
Stealthy :
Inflation is CUMULATIVE but the talking heads only talk about month to month.
2024-10-31 18:56:00
44
c1654231
ctesva518 :
It’s also wealth and income inequality. The pain of inflation hurts the bottom 80%.
2024-10-31 18:53:35
172
user9530680238400
Marcus :
People should listen to earnings calls. CEOs are confessing to price gouging consumers.
2024-11-01 00:23:27
89
mr.uchia
mr.uchia :
Who knew numbers don’t reflect how people feel 😂😂
2024-10-31 19:06:47
56
wazy3
Roger Roger :
Top 5% is doing great, 95% of us with no inheritance or trust fund, it’s bleak…
2024-10-31 19:21:18
72
cef1218
CEF1218 :
These guys are clueless. Take home pay is way less. Most people are over taxed and making less
2024-10-31 22:13:32
13
blakessimplelife
blakessimplelife :
The economy isn’t bad if an individual is making over $100k but most people make way less and they’re struggling really bad with the cost of essentials like housing, food and healthcare cost.
2024-10-31 21:37:46
4
dsandwhich3909
dsandwhich3909 :
I make $25k more now than I did in 2020 and I have about the same in my bank account every month
2024-11-01 07:50:24
2
dirtyboymiami
Motivational filmmaker :
What are you talking about a ribeye steak is like $20 a pound this guy is a joke
2024-10-31 21:15:57
4
themanintheredtie
Themanintheredtie :
Inflation inevitable,I assume.But the situation made worse.Unemployment-much higher if you take into consideration some very important data points.The middle class doesn’t invest in the stock market.
2024-11-02 21:26:42
0
brandon87s
Brandon87S :
A 12 pack of Pepsi was 3/5$ four years ago, it’s $9.99 a pack now. It’s absolutely ridiculous
2024-11-02 21:26:04
2
wrigsthepigs
wrigsthepigs :
Inflation cooling off does 0 for how overpriced everything became the last 3-5 yrs
2024-10-31 19:19:43
3
cargopocket
CargoPocket :
You can spout any numbers you want but I can’t afford nearly what I could when I made less money.
2024-10-31 20:24:37
2
julietony5
Anthony :
Uk here I would be terrified of the national debt rising by a $trillion every hundred days unsustainable
2024-11-01 19:02:18
1
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