Hacker News new | ask | show | jobs
by ryeguy 987 days ago
The economy has been "about to take a nosedive" for quite some time now.
1 comments
enriquec 987 days ago
Well... How are medical prices? Education prices? Food? Energy? Savings? Rent? Housing? What about the massive layoffs? Even if you're not struggling - many others objectively are dealing with the realities of a harsh economic downturn.
link
delfinom 987 days ago
Food prices and related prices have been proven for awhile now to be mostly corporations massively increasing profit margins instead of inflation.

Housing prices will continue to be an indefinite bubble due to boomer economics.

Healthcare is a disaster in this country and will never be fixed because of Citizens United.

None of this is due to the economic downturn.

link
enriquec 986 days ago
> Food prices and related prices have been proven for awhile now to be mostly corporations massively increasing profit margins instead of inflation

Total nonsense. Businesses are closing.

link
ddorian43 986 days ago
What about the interest rates?

What is boomer economics?

link