Americans are feeling much better about the economy thanks to slowing inflation

&gt; We apologize, but your web browser is configured in such a way that it is preventing this site from implementing required components that protect your privacy<p>LOL<p>You must think I&#x27;m pretty dumb, CNN.

I know many people who&#x27;ve gotten big raises over the last 2-3 years, including individuals who have more than doubled their pay. And they always attribute their raises to hard work, job hopping, or climbing the promotion ladder. At the same time, they&#x27;ll also act like the 20% or whatever inflation we&#x27;ve had over the past few years is equivalent to the government stealing their hard earned money.<p>From a macro perspective, the same factors that drove inflation is what drove their big pay hikes. But most people only see that &quot;I earned more money and now I&#x27;m being screwed by inflation&quot;. These are often the people who spend like crazy while simultaneously complaining about how bad the economy is!

&gt; In addition to high prices, Americans continue to grapple with an impenetrable housing market, persistent income inequality, and rising debt, prompting some to think that the so-called “American Dream” is broken.<p>I think the main reason for this is that improvements implemented after the subprime mortgage crisis worked too well - in that, now, every buyer is guaranteed to be able to afford the monthly payment for their home. The crash in home values only happened because the market was flooded with foreclosures in a very short period of time, and that isn&#x27;t happening now.<p>Although maybe people can only make their mortgage by putting more of their spending on revolving credit[0].<p>0: <a href="https:&#x2F;&#x2F;abcnews.go.com&#x2F;US&#x2F;credit-card-users-avoid-mounting-debt-bills-reach&#x2F;story?id=106479070" rel="nofollow">https:&#x2F;&#x2F;abcnews.go.com&#x2F;US&#x2F;credit-card-users-avoid-mounting-d...</a>

I am upper middle class. A friend of mine, who is wealthier than I, were talking about being able to afford groceries. Not organic groceries, not special local grass fed beef or anything silly like that. A family of four is paying about 1k a month in groceries to eat &quot;reasonably&quot; well. In that I am including things like dog food and detergent, but still this is a ridiculous number.<p>Inflation, on paper, might be okay, but each week I find myself curtailing our grocery selection more and more, simply to maintain the budget at status quo.<p>Inflation may be slowing, but it&#x27;s still bad, and it is much worse for many more people than it is for me.

<a href="https:&#x2F;&#x2F;archive.is&#x2F;ANBJx" rel="nofollow">https:&#x2F;&#x2F;archive.is&#x2F;ANBJx</a>

It&#x27;s the #1 political issue in every single poll. Biden is polling so badly because of economy, and economy alone.

A bunch of metrics show the economy is doing very well, but lots of people believe nothing except tiktoks and doomposts now.

Play stupid games, win stupid prizes, what did the fed expect?