The numbers that economists use say that the American economy is doing great 👍. Now what the economic numbers that the people see tell a different story! Every major tech company it seems like every day is laying off from it’s work force. There seems to be a lack of housing. The price of spaghetti 🍝 is 2 dollars 💵 in NYC. Many people are paying more then half their pay 💰 for housing. There was a story in the paper the other day about jobs searching that despite what the numbers are saying many have been searching for 6 months and more for employment despite putting out hundreds of resumes. The cost 💲 of a new home 🏡 is unaffordable for many. Every day we read about a major retailer closing stores, or even going out of business. The cost 💲 of borrowing is extremely high in resent memory ( just look at the interest of credit cards 💳).
***These is the real economy , not ivory tower economics. I’m writing ✍️ this as rebuttal to what I’ve been reading from economist that I truly respect, but sometimes we have to look 👀 past certain numbers to get what really going on
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