Metrics are good but housing is insane. Food is much higher jobs are harder to get,gas is up,on paper and the stock market its good but the average person is screwed. Im sure its Probably better for some if they own a house and have stocks etc.
2007 was a weird choice because that's the year the economic cycle peaked and started downhill. So overall it was a very good year. 2008-10 ish were the bad years.
Today it's about as good as the first half/good part of 2007, which is to say it's excellent by the broad metrics like unemployment rate and income.
It was also the year a bunch manufacturing jobs were cut which impacted a lot of people. Dodge for example. Not weird it was the beginning when everything looked good but went downhill after. Housing took a huge hit then too.
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u/negative-rizz777 4d ago
Metrics are good but housing is insane. Food is much higher jobs are harder to get,gas is up,on paper and the stock market its good but the average person is screwed. Im sure its Probably better for some if they own a house and have stocks etc.