Sumit Roy
Region: US
Monday 13 April 2026 22:18:22 GMT
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roundabout876 :
I think its because we all know the economy is rigged to benefit the oligarchs and necessities like food, transportation, housing, health care, etc keep becoming less affordable relative to income
2026-04-14 14:40:06
3
Cannon :
In the 1970s the bottom 80% of Americans had around 20%-25% of the nation’s wealth. Today the bottom 80% of Americans only have around 12.3% of the nation’s wealth. That means that if you want to start a business you really need to focus on making money from the top 20% if you want to make a profit. That means that today the bottom 80% of people, are mostly being left out of the economy. That is why we need serious changes in the U.S. to deal the wealth disparity. Thing are seemingly especially bleak currently because the wealth gap is growing at a faster pace, which means the average person in the U.S. will only continue to get more economically insignificant in the future based on our trajectory over the last 60+ years.
2026-05-02 18:19:42
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Joey Joe Joe Shabadoo :
Everything just feels like it’s shit for the value
2026-04-14 07:40:13
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Belmont :
I don’t think it’s just doom scrolling and being in a negative feedback loop. Why are people feeling bad today? It is a nonsensical war making fuel costs spike, along with everything else. It’s healthcare cost spikes. It’s electric and heating bills costing as much as rent and in some cases more. It’s having to work 2-3 gig jobs. It’s crippling student debt. I’d say things are far worse than the 70s.
2026-04-14 14:41:49
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odiram :
Changes in our media ecosystems have definitely had an impact, but let’s also look at some of these metrics we’re relying on. GDP has been growing, sure, but where is that growth? For decades it’s mostly in the fire sectors (finance, insurance, and real estate), in other words those areas that have grown the most are assets that the average person experiences through the extraction of rents. Jack up the cost of those things and everyone feels pain, but the gdp is doing great because we no longer distinguish between rents and productive income. Also, more recently a big chunk of that growth is in AI, which we are told is either a bubble, in which case the economy will take a massive hit when it bursts due to how much is entangled with it, or it’s not a bubble, in which case in order to become profitable it must replace significant portions of the workforce and reduce the bargaining power of labor, and in compensation we’re told it will make it much easier to start a small business, but all that really means is that instead of companies hiring us on as employees they will contract with us as independent contractors, meaning they no longer have to offer any kind of benefits, offer minimum wage, or follow any kind of labor regulations because we’re all technically self employed. Speaking of employment, unemployment rates may be low, but underemployment rates have never been higher, and the kind of work we’re seeing is growing much more precarious, meaning it’s incredibly difficult to plan for the future, and there is no faster way to make someone feel constantly stressed than by making their image of the future a question mark. Couple all of that with a toxic epistemic environment and echo chambers that are both politically and culturally polarized and there’s no mystery why people feel so bad about the economy.
2026-04-15 00:53:25
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Dan :
To be fair; this survey wasn’t done during the 1930s depression. So.. maybe it’s not the lowest. Then again; we comparing to the depression.
2026-04-13 22:25:40
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Camp43 :
If you are already doom scrolling for half an hour before you get out of bed, the surveys don’t stand a chance
2026-04-13 23:26:56
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Charlie Raudat :
It would be interesting to compare wage growth in the 70’s to now as well as inflation. Maybe wage growth kept better pace with inflation back then which made consumers more confident
2026-04-14 12:13:01
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reybinario :
It’s dead simple. Jobs are few and cost of living is high
2026-04-14 15:48:06
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user2069196121994 :
Everyone know exactly! The bad policy, AI rob job, inflation. And affordability, and gap of rich and poor. So it is just in plain sight
2026-04-14 02:46:54
4
user5373390428284 :
wages have not kept up with inflation during the last few decades.. for example real estate for example is up 3% year over year but it's already ridiculously high and unaffordable... some groceries have doubled in the last few years but nobody's salary has
2026-04-14 03:53:14
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Kev :
Because nothing is cheap anymore
2026-04-24 06:30:27
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Evs :
Absolutely horrible. Everything is just so expensive and very hard to get ahead
2026-04-15 03:25:41
0
FarEastBKK :
Very valid point. News consumes through social media & their algorithms of today could have replaced the major news outlets of yesteryears.
2026-04-14 04:31:28
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Mr H :
It’s still too early, but things are getting bad with unemployment rates, job creation, and elimination
2026-04-14 04:13:51
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John8103 :
Right, it’s more like the overall sentiment instead of just the consumer sentiment!
2026-04-13 23:07:27
1
Abdul Warsame :
social media has amplified people, anxiety and because that people are more aware
2026-04-14 05:36:23
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NoBedframe :
I feel like the feeling isn't so much about the economy but about the amount of control the USA has in its future
2026-04-13 22:53:33
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Bryan Hart :
there is the economy as in "number go up", and then there is the real economy as in how does the economy work for the average person. if the economy is doing well but only the 1% see the benefits, then the economy is actually doing poorly and we're using the wrong metrics to measure economic health.
2026-05-10 03:33:35
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peteru906 :
did inflation come down?
2026-04-14 02:11:39
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Cassedaway :
Media consumption is a lot of it. But in the 70's there was hope. Troubles felt temporary. American always rose to the challenge. Leader's agendas are transparent now, and not geared to help the masses. Average people are suffering without much hope for prosperity
2026-04-14 02:03:09
1
Bachi :
The rich is getting richer and the poor poorer.
2026-04-13 22:53:54
1
Hotbua :
Well, ever since Covid, the media has been nonstop bombarding us with life-threatening news, constantly keeping people in fear and arguing with one another. There is no peace of mind in America.
2026-04-13 23:26:18
1
Bob Dunn386 :
They have been manipulating the counting. A software engineer who got laid off and is working as an uber eats driver still counts as employed. Hell, a person working as a bartender and an uber eats driver is two new jobs created!
2026-04-13 23:12:55
1
Rick Redfern :
Both political parties have a misery franchise. Complaints and blaming, not solutions.
2026-04-13 23:08:47
0
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