• hanrahan@piefed.social
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    1 day ago
    1. The economy hitting the shitter thanks to his fuckery and general dumbassery. The contrast between now and last year is quite something.

    Not for everyone, those earning $100k or more with housing equity, as house prices increase and stock’s are at all time high, those folks are apparently doing well.

    I guess the moral of that story is… don’t be poor ? /s

    • hovercat@lemmy.blahaj.zone
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      1 day ago

      As someone in that group, there’s a huge difference between doing well on paper and actually doing well. My peers and I are worried about losing our jobs, and there’s a likelihood we won’t be seeing a significant portion of our paychecks due to the economic hits from the tariffs. Sure, my net worth is technically higher since last year, but that doesn’t mean much when you’re 30 years from retirement. I can’t just infinite money glitch my 401k by taking out loans like billionaires can with their net worth.

      I realize that I’m a lot better off than most, but I only bring this up to point out that even people who aren’t poor are also feeling plenty of negative economic pressure as well.