Although these increases are positive, American consumers still feel that their income is being tightened by high cost in food, healthcare, and childcare. Housing prices are high, especially in major cities and interest rates, although being cut, still affect the true affordability of homes. Analysts suggest that progress in data is clashing with structural challenges in the U.S. economy.
https://www.bbc.com/news/articles/ckgl63lrpkmo
I think it's interesting how structurally it can look like there's real improvements, but it doesn't translate to actual people's lived realities.
ReplyDeleteThis makes me think about how policies that look good on paper might not reach people the way they are intended to do so.
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