Robust consumer demand has also fueled a shift to more expensive groceries
How dare people need to eat
Thatâs not what that says at all.
What it says is that people are feeling more flush with cash and are opting for higher end brands of food over the store brands or nicer cuts of steak or going out to a nicer restaurant instead of just hitting up McDonaldâs or shoneys. This is proof that the economy is doing well.
If you think mcds is expensive you clearly donât know how to eat there and youâve definitely not eaten anywhere with real food. I try to keep my mcds to a min but when I am working and need something I can get out of there with spending like $6 tops, $8+ if I am feeling âfancyâ and grab a frozen coffee with an extra shot.
Youâve also definitely not noticed how packed even the more expensive steak houses are at pretty much all open hours. Iâm talking the places where you canât spend less than $200 for a meal for two.
I drive for a living and I can tell you for a fact (in my neck of the woods) that the economy is doing just fine, people are doing okay, not as great as they could/should be but most definitely arenât at poverty level.
You lot need to start getting your data from sources that arenât biased and arenât trying to keep you pissed off so you keep reading the bullshit they call news.
The stock market hasnât been a good indicator of the economy for decades now. What is an indicator is what I was correcting a misinterpretation of. If you want to see how the economy is doing in your area, drive around downtown or the other hotspots like music venues and restaurants in the evenings and see how packed it is.
