• Semi-Hemi-Demigod
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    211 months ago

    Public sentiment is a trailing indicator of economic success. Until the gains are really felt by people they don’t see them. In a couple months that wage growth and lower inflation will even out.

    Quite a few states are increasing their minimum wage in 2024, and federal workers are getting a 5% raise. I imagine the “but why aren’t people happy about the economy” stuff will fade away in a quarter or two.

    • @Maggoty@lemmy.world
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      211 months ago

      Hey if that happens, then great. But it’s one hell of a bet to make in an election year. Especially when people have been struggling for a decade now.