Conversation

I just realized why the “economic boom” story feels very surreal to me (quite apart from any skeptical bias I may have as an anti-Trumper). I can’t put any anecdotal color on it. It’s a boom without a story attached, at least in non-1% blue coastal world. Anyone got anything?
11
35
Maybe it’s cultural anxiety masking economic strength, but everybody I meet in the middle class is either holding position or gradually weakening. The rare people winning are winning in special-case ways, like somebody with a startup taking off etc. There is no broad-based boom.
Replying to
By contrast in the 90s and mid aughts it felt like everybody I met was winning or in FOMO about being left behind in easy-wins times.
4
27
Replying to
Simple math: no amount of normal income growth can outrun the cost increase rates of education, health, and housing.