The crowdfunding site said in its annual report that people increasingly sought help with “essential expenses” like housing costs as inflation continues to bedevil Americans.
Absurd levels of wealth disparity, beyond anything in recorded human history, breaking society and making a whole bunch of generally useful metrics now basically meaningless.
Consumer debt levels skyrocketing.
Housing/Rental prices still rising.
Average college costs / debt still rising.
Job growth isn’t keeping up with population growth.
(Even after recovering from Covid, the Employment to Population ratio is still lower than what it was from 04 to 08. Its only 1% higher right now than it was at its lowest from the 08 crash, and its been headed downward since 23.)
Trying to get a decent job without nepotism/networking is 5x harder than working a decent job due to completely insane requirements and ghost jobs… and nepotism.
And real median income is basically flat since 2020, not rising by much at all.
…
Your headline econ inflation stat does a neat job of not really reflecting the reality of what a common person’s budget looks like.
Absurd levels of wealth disparity, beyond anything in recorded human history, breaking society and making a whole bunch of generally useful metrics now basically meaningless.
Consumer debt levels skyrocketing.
Housing/Rental prices still rising.
Average college costs / debt still rising.
Job growth isn’t keeping up with population growth.
(Even after recovering from Covid, the Employment to Population ratio is still lower than what it was from 04 to 08. Its only 1% higher right now than it was at its lowest from the 08 crash, and its been headed downward since 23.)
Trying to get a decent job without nepotism/networking is 5x harder than working a decent job due to completely insane requirements and ghost jobs… and nepotism.
And real median income is basically flat since 2020, not rising by much at all.
…
Your headline econ inflation stat does a neat job of not really reflecting the reality of what a common person’s budget looks like.