• VentraSqwal@links.dartboard.social
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 year ago

      Home prices and rent are crazy high, though. Plus student loans are coming back, no wonder everyone feels poor, unless you already managed to buy a home with low interest rates. So things are great for those people, I’m sure.

      • Rapidcreek@reddthat.com
        link
        fedilink
        arrow-up
        2
        arrow-down
        3
        ·
        1 year ago

        Of course that isn’t inflation. That is individual sector increases, which is something that a President can do little about.

      • Rapidcreek@reddthat.com
        link
        fedilink
        arrow-up
        2
        ·
        1 year ago

        3.7 isn’t too bad. Not great, below 3 would be good. But, as long as the rest of the world suffers we will too. Our main trade partners, Canada and Mexico, are doing all right so the chances are we won’t slip into a recession. This is especially true because the US GDP is so good. This is a problem that COVID left the world.