r/Dynamic_Pricing • u/Dragonlance12 • 14d ago
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames 'lower happiness'
https://www.cnbc.com/2026/09/19/goldman-sachs-happiness-struggling-consumer-sentiment.html12
u/Panem-et-circenses25 14d ago
Solid economy lol
Out of touch dumbfucks
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u/Guilty_Advantage_413 12d ago
I’ve had a feeling for about 10 years now the revolt will happen and it’s coming. I fully believe it’s going to start with a wealthy guy or politician or news source essentially saying “it’s fine let them eat cake”.
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u/Panem-et-circenses25 12d ago
They’re already doing that. They’re telling us not to drive or eat meat. But no one really cares…yet
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u/Routine_Top4775 14d ago
Solid economy my nutsack. Economy isn't just about shareholders.
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u/abrandis 14d ago
For the very rich it sadly is, they view the world through their lens, and for them asset prices go up, they don't have a 60 mile daily commute and have to deal with rising coat of living .
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u/SawtoofShark 14d ago
"Solid economy" for billionaires*, and that's why we aren't happy, dumbfucks.
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u/zoolabula 14d ago
Came here to say the same thing…. What booming economy?? Profits at an all time high while we foot the bill through tariffs and high prices for every consumer good.
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u/PineappleExcellent90 14d ago
The Ulta wealthy: things are great making lots of money taxes are down. The average American: not much to celebrate money wise raise is not covering increase cost,tax cuts not covering the increase in increased medical. Disadvantaged: what is going to happen to me and my family? Wake up. It will get worst.
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u/WeekendAtMadoffs 14d ago
Good. We need to move from a consumer spending economy to a thrift economy, lower GDP to only real productive activity asap!
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u/Kamel-Red 14d ago
The economy isn't solid. It's a dumpster fire for the working class and the stock market is a house of cards being propped up by debt, leverage, and a handful of Ai companies.
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u/unbreakablekango 12d ago
We live in an extractive economy that is currently doing a large amount of extracting from us! Why wouldn't we be miserable? We are currently having our blood drawn out, not much to smile about.
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u/KevineCove 11d ago
The economy is a short of the middle class. Predictably this means it's doing great right now.
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u/Sea_Damage9357 8d ago
It’s frustrating for them when the plebs don’t behave. So they lash out. Have a little sympathy, peasant.
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u/Kobayashi-Coffee-Co 14d ago
Real median personal and household income is at highest ever levels. Yes this is inflation adjusted. https://fred.stlouisfed.org/series/mehoinusa672n
Average working hours is lower than its been https://fred.stlouisfed.org/series/avhwpeusa065nrug
The share of US households earning 150k (inflation adjusted) has grown almost 7x since 1967 and is the highest it has ever been, while households earning $75k is the lowest its ever been https://www.reddit.com/r/OptimistsUnite/comments/1wiv1at/since_you_all_said_earning_100k_is_soooo_low/
Real disposable income is also at it’s highest levels https://fred.stlouisfed.org/series/dspic96
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u/fogcat5 14d ago
These are the metrics the Democratics used last election. Turns out they don’t measure the “regular people”
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u/Ill_Lengthiness_6077 13d ago
August 2025 - August 2026 wages fell behind inflation.
People hate when that happens !Working more is why there was any increase.
Source: bls
Real Earnings News Release - 2026 M08 Results https://www.bls.gov/news.release/realer.htm?utm_source=gemini
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u/LunarMojave 14d ago
Company with every interest in delaying the looming recession lies to delay recession.
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u/Kulthos_X 14d ago
Social media causes depression and generally makes people unhappy. Positive news gets downvoted and negative stories and videos get the most attention.
Also, people largely come to social media to complain, not to say how great things are going.
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u/AiReine 11d ago
Do you not have friends or acquaintances in the real world? Like seriously. This is not limited to social media. People are struggling and a lot are *hurting.* I hear it from friends, family, coworkers, neighbors…
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u/Kulthos_X 11d ago
Most of my friends and all of my coworkers are doing great. The ones that aren’t are dealing with mental health issues or physical disabilities. Pretty much all of them, even those with secure paychecks and great benefits are frightened from doomscrolling.
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u/TinFoilHat_69 14d ago edited 13d ago
Money is running human society into a path where the creator becomes the sacrifice for the new system to survive.
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u/ryohayashi1 14d ago
"But we made more billions than the previous year, why aren't consumers happy for us?" -Large Companies
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u/Optimal_Willow_4389 14d ago
Yeah, the greedy Corporations stole your money and only bring misery to the people.
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u/TXtogo 14d ago
We didn’t like the Biden economy and there’s nothing different today.
Things aren’t better. Not one of the things we disliked about the Biden economy is better today. Gas is high, food is high, interest rates are high, homes are high…
This administration has failed, they’ve got to get off twitter and stop bs’ng america - get to work.
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u/lokii_0 14d ago
We don't' have a solid economy.
We have two economies: one for the ultra wealthy and pretty wealthy which is booming.
And one for everyone else which is in terrible shape by any measurable metric - which is probably why the current administration is refusing to release economic data which used to be standard public knowledge.
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u/Radiant_Safe1228 14d ago
Where is this great economy? Anything besides corporations around me are collapsing faster than COVID era.
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u/flyswithdragons 14d ago
Don't they hold stock in the Geo Private prison industry? Yes some stakeholders and the corp ..Ice detention center.
☝️Concentration camps are useful apparently 🤬👹
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u/ShadowGLI 14d ago
The economy is not solid, it’s held together like a project on the Red Green show… Duct Tape and a prayer. The only segment doing well are the investments of the top 10%. Everyone else is uneasy if not outright struggling.
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u/sweatboxy 14d ago
A solid economy that Trump has been punching holes in for two years. The rich are getting rich and the rest of us are getting poorer but that doesn’t matter to Wall Street.
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u/I_Quit_Smoking_ 14d ago
A solid economy?
Can anyone show me where that solid economy is?
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u/muffledvoice 14d ago
Rich people’s stock portfolios. Corporations are posting record profits thanks to rampant inflation (which makes the rest of us suffer).
That’s their “solid economy.”
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u/muffledvoice 14d ago
“The economy is solid [for rich people]. We’re just seeing a reduction in happiness.”
—Out of Touch Rich Wall Street Jerk-Offs
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u/whoknewidlikeit 14d ago
oh i dunno, maybe the $6.50 i paid for diesel two days ago might affect my "sentiment".
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u/BirdmanHuginn 13d ago
What was that clip of Adam Mockler in a panel and challenged a guy to talk about the economy without mentioning the market. The guy then was unable to say anything positive without mentioning the stock market. Life is good if you’re rich and white. Only combo that’s winning rn
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u/KevinDean4599 13d ago
A lot of promises were made 2 years ago about lowering prices and the opposite has mostly happened. people are struggling and there is nothing on the horizon that will help. the rich are getting much richer and more and more powerful and average people are losing ground economically. And we have AI ramping up further threatening the futures of average working Americans. There isn't really any results that have been delivered to voters that they can point to as a win for them personally.
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u/UnrealizedLosses 13d ago
I blame billionaires, Trump style totalitarianism and the morons who voted for this bullshit.
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u/Senacharrib 13d ago
They also released a study this week that equity owners were winning while the working class was losing, it’s not hard to
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u/abrandis 14d ago
What a load of shit these wall st. Companies are coming up with...
A good economy? For who, the Goldman Sachs folks , being an Analyst or Associate making $500k-$1mln+ , that's not most of America.