EVERYTHING IS PERFECT. YOU ARE THRIVING
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- Опубліковано 22 сер 2024
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#america #american #usa
Recently, I called my landlord after I replaced my car and got new license plates to make sure I kept my parking spot. I told him the make, model and the miles on it. He asked me: "don't you want something newer?" This is a great representation of how out of touch wealthy people are.
Boohoo. Find something real to complain about. Yeah, your landlord is a dick, move on.
@@thehydrostore380 they’re not complaining. they’re just telling you what happened to them.
"Why? Will you get me that model for me then?"
@@thehydrostore380 Shouldn't you find something real to complain about? Lmao
@@thehydrostore380lmaooo what was even the point of this comment
i'm just gonna start responding like this to absolutely everyone
I am BEGGING economists to start a movement to change which metrics we use to measure economic growth.
There already is, I recommend reading up on Donut Economics for example
Econ is really not as right wing as u think it is especially in the past 30 years it is a topic of conversation all the time haha
The problem is that there are 2 kinds of economists: the ones who see econ as a social science adjacent to sociology and the ones who see it as a tool to help businesses exploit people. The former often do use alternative metrics, the latter has no use for them
Economists do, they don't decide what gets pushed to the public. News outlets are lazy and most likely get kick backs for pushing certain metrics over others.
Sadly, I feel the metrics themselves are too political for that to ever be something that would happen without some kind of much deeper 'reset', so yeah, it would have to be part of one hell of a movement.
“The economy is fine. What are you guys complaining about?”
- Rich people
Most accurate summary.
Including Vaush apparently. Very out of touch
Vaush kind of said it too. But I guess he’s rich now 🤷♀️
@@calebeyl141Vaush is rich as fuck, in case you didn't know. However it just is a fact of the matter that what people think of the economy in general is disconnected from what's actually happening.
@@countbaldwinI mean I’m sure you’re not wrong that he’s well off, but I doubt he’s like obscenely wealthy or whatever. Even if he is, he does make good points a lot of times. Sometimes not. But this one was a good video.
The problem 100% isn't buying stupid cheaper stuff it's that things are still expensive, and housing is unaffordable, wages aren't going up like they should be, and also the end of the world from climate collapse.
The problem is the lack of third places, everything costing money, capitalist realism and actual fulfilling milestones in life being unavailable
Monetization of any form of leisure. Also you can't just buy something and use it now. If you buy an appliance now you'll need a new one within a year because it will break.
There's this trend that things get increasingly more trashy while the price of those products still is about the price of more quality products but they replace them by sheer quantity. Like fast fashion clothes don't last as long so you need to spend more money by buying new ones anyway
@@arizenation3188 Right, Vaush saying we're choosing to buy things for low usage ignores planned obsolescence (especially in clothing now). It's a right-wing take.
“The numbers are great why is everyone upset?! Inflation is low now!”
Well inflation WAS high, and it wiped out my last two raises so now saying I might get back to jump after years?! I’m not getting ahead here. Like my heating bill doubled, all my bills went up, my pay didn’t and now I make less than I did before, I’m not celebrating in the streets because GDP is up while my pay is the same.
HR: “our profits are great tho!”
“Oh does that mean more raises?”
“No, we can’t afford that”
“Oh then that means nothing to me”
“Aren’t you happy for us?!”
it's such a basic concept that even MAGA idiots easily understand it. i feel like i'm getting slapped in the face every time someone says that as though i should be happy that "the inflation crisis is over" when i'm still paying almost a third more for groceries every month.
Ding Ding Ding... The people with the wealth and power are doing great. Consumer debt is at an all time high, housing prices are out of this world crazy, cars cost 30k and my paycheck doesn't buy me shit.
Once again, you are not looking at the data. It’s not just that inflation is low, it’s that median wages have outpaced inflation since 2019.
@@kevinjohnanand for everyone except us apparently
@@felicityc Why do you disregard data that doesn’t suit your narrative? You guys are just as bad as republicans on that count.
The economy not being in recession doesn’t mean things are going well for the average American
Just because the slabs aren't cracking, doesn't mean the house isn't on fire
It also does not help their cause of saying the economy is fine when every jobs report gets a released to great fanfare then quietly revised down. Also on recession they literally changed the definition of what they classify as recession so as not to have to admit it.
Personally I feel that if we had a med4all system is would make a huge difference in our lives. Could you imagine not having to pay for insurance or face crippling medical debt when you get sick?
@@hizzlemobizzlebut SOCIALISM
@@erikarabie DOH! I forgot about that.
Doesn't matter how many jobs there are if none of them pay enough to live comfortably.
At some point a whole lot of people forgot what the term "living wage" meant and suddenly decided it was acceptable for people literally working full time hours to not be able to properly afford rent. 😬
Bingo.
Overpopulation@@lyndonlives638
Politicians and rich folks want you to have multiple jobs, that's how it feels to me at least.
2030 be like:
Worker: “Hey boss! My $300 an hour wage isn’t anywhere near high enough to cover my $80,000 a month rent! This is your fault! Stop being greedy and pay me a living wage!”
The Landlord Charging them $80k in rent: *default dances in the background*
Them - "People need to stop relying on their personal vibes when determining how they feel about the economy!"
"Okay, um...how does the stock market work again?"
Them - ... : [ ... >:(
>:C
@@thelouster5815
>:O
Insider trading with politicians. Duh.
💀💀
This isn't complicated actually, people feel worse because they're worse off. They can't afford the things they used to even a few years ago. Everything is still increasing in price and wages are still stagnant. It's like when 3D glasses made movies cost twice as much. Lots of box office records broken, but at the expense of the consumer--who would have a worse experience for more money...
As someone who wears eyeglasses, the 3-D glasses phenomenon basically made it impossible for me to watch movies at the theater for a while. A lot of the movies that I wanted to see were only viewable in 3D, I got to kick rocks because wearing two pairs of glasses at the same time just doesn't work.
I love this comparison. I’m going to use that.
Yeah...
I started using the McDonalds app cus apparently you get "better deals" on it. It is 10.49 for most combos.
The price of food is going up, and people are feeling it :/, and gaslighting people into thinking things are "good" is terrible on the establishments part
Was there ever a film released only in 3D? I hated 3D and don’t remember ever not being able to see a 2D version at the theaters.
Housing prices, rents, food prices and the like are high and increasing. These are the reasons why middle and working class people are not happy. You need to feel this "good economy" on the ground. For people to believe it.
No, bro, you don't understand it's like he said.Just be better with your finances.It's a skill issue LO.L
@@brandonburough1215 That isn't what he said though. I understand you're upset, but maybe try to listen again? He said the average person is less responsible or conservative with their spending. And that probably is correct, on average. What he didn't say was that changing that to being as deliberate in your spending as people, on average, used to would suddenly make all your economic anxiety or problems go away.
It would help some. But he never pitched it as some silver bullet.
@yourneighborhoodfriendlyme4242 the only people who have time and energy to cook all their meals from scratch are wealthy folks who either have staff or a partner that can afford to stay at home. That's the framing behind an ACCURATE reason why people spend more money on convenience these days. It's bc single folks as well couple's are all working at minimum 40 hours a week. We don't have the time to prepare breakfast lunch and fucking dinner. Vaushs framing it around frivolous buying is a misunderstanding of the class struggle that likely stems from his privileged position of never having to actually work. He streams every other day for a few hours... I rest my case.
And yeah, he didn't say it's the main reason why people are struggling, just part of it... so, I guess he's just partly wrong. 🙄
Also, an argument could very well be made that because people have to budget so damn tightly these days, that makes them more financially responsible than their boomer parents who who could fill a cart with groceries for $30 back in the day. Inflation and the rapid rise in the cost of living kind of makes financial fucking gurus out of working class.
@@brandonburough1215 If you only work 40 hours per week, then you absolutely have time to cook meals from scratch.
It's baffling that you're trying to portray people who cook for themselves as privileged, yet also trying to portray people who pay other people to cook for them (which is what you're doing when you order in food!) as downtrodden.
@justinmillette9110 Out of curiosity can you please list two or three things that you disagree with vaush on? Specifically political takes or social issues...
*edit* that's what I thought... you're a yes man.
I don't eat out. I dont spend money. I live paycheck to paycheck.
"what's the problem, I'm making so much money" -bosses
The same thing happened in 2016 with Hillary going on about how great the economy is with all the numbers going up or whatever while being completely tone deaf to all the people who are living paycheck to paycheck and aren’t benefiting from a robust stock portfolio.
I disagree with Vaush saying people spent their money less on things they didn't need to before. Part of the reason people buy more take-out, re-furnish things and travel more is because people are more independent. People can't afford house cleaners to keep things clean or just afford a wife to stay home all day and cook meals. We are all doing our part to go into the world and work and bring home the money. If I spend over 8 hours a day making ends meet, when my shift ends, I don't want to cook my own dinner and then clean the plates. When my weekend comes, I don't want to be vacuuming the carpet, or re-sowing my shoes. When things break down or get dirty, I buy something new, because I am overworking myself anyways.
So I really want to be on your side but you do sound spoiled as fuck. You’re basically arguing you shouldn’t have to take on the basic responsibilities of adulthood just because you have a job.
Exactly. He has a nice job only having to work for a few hours a day (and not even every day, he takes lots of days off) and he still makes more money than most of us can even dream of making. I'm sick of him looking down his nose at people that actually have to bust their ass every day to make a living.
@@kendallsmith2538where in this was he “looking down his nose” or casting judgement?
@@kendallsmith2538 Are you actually Mike from P.A?
@@MsScarletwingsThe part where he said (and has said multiple times) that people need to learn to cook their own food to save money.
Like, dude, people do know how to cook their own food. Having the energy to cook a decent meal after a day of work, however, is a different story. Sure you can just do beans and rice (like he has also said multiple times), but eating the same kind of food every day is really bad for both your physical and mental health.
And before anyone jumps down my throat with 'stop ordering doordash' or some shit, I do make my own meals, but there is no denying that it is fucking exhausting after having worked a full day to have to dedicate an entire hour or two of the scant free time you have left in the day to make food that isn't essentially nutrient gruel.
I feel like Vaush was kind of ignorant towards the time people have, a lot of people just don’t have time to cook on workdays so like what should they do?
Meal prep. Prepare your meals on the weekend and just heat them during workdays.
Get a rice cooker. Microwave frozen veggies. Combine and add sauce after it's all done. Good and super cheap
@@Orrion_the_Kitsune A lot of meals take only 10-20 minutes to prepare, and handwashing 4 sets of cutlery and some cookware should only take 10-20 minutes as well. So I can only conclude that the real problem is you that you don't know how to cook or wash dishes.
You can make a good bolognese in literally 15 minutes, I made a full meal while I was listening to this video, and now I’m putting the leftovers in the fridge so I don’t have to cook at all tomorrow.
I get not liking cooking, I’m not a fan either, but it is not that time consuming at all unless you are making something super complex. You can literally do other things while your meal is in the oven even.
@@Orrion_the_Kitsune Taking care of someone else causes you to take more than 3 times longer doing the exact same task as an independent person would?
"The prices are going down. Yeah!"
Things which's prices are not going down:
- Rent
- Food
- The rest
Did you even watch the video? They're not saying that prices are going down, but that inflation is going down, and while that's good in a broader economic sense, it does in fact mean that prices aren't going down. They're honest about it, it's just that inflation gown down doesn't help people enough.
@@ShadowTasosokay but unless you got a 20% raise the past 3 years…you’re worse off lol. And if you won a contract ending in 2028 ect, you need to add in the future inflation
@juke9576 yes, you're absolutely worse off. That's because as you said inflation has outpaced wage increases. But the claim being made is that inflation is going down, not that prices are going down as the dude I responded to said. And the obvious issue with that is that it doesn't help people whose wage gains are heavily behind inflation.
You can kinda see how Vaush doesn’t understand the perspective here when it comes to how zoomers spend money. Most of them will be in debt until they’re old, basically no matter what. During that time they’ll be under constant threat of whatever they buy being repossessed. But you can’t repossess good memories from a trip or a nice dinner for date night. Vaush isn’t experiencing that kind of crippling debt (thank you Benjamin) so he doesn’t understand the mentality. Which is fine
It's fine as long as he isn't chastising people. Which he very much was.
realistically people traveling and eating out more, IE. enjoying themselves, should be a good thing.
@@yamiyomizuki not only that. One of the reasons "the economy is fine" is because people are spending their money. If the younger generation starts to eat out less often, stops going out as much, etc, you will see jobs being terminated and a dip in the economy as a whole.
So the narrative of "the economy is fine, you just need to spend less" misunderstands WHY the economy is "fine".
Plus, the younger generation has crippling student loans to pay. If they can save money, they can't put that aside for when they get old, they use it to pay their debt. It genuinely makes more financial sense to pay the debt first than it does "saving for the future", because the debt increases faster than the saved money would.
@@aquelegabriel also saving for the future presupposes that the economy will remain relatively stable, which it probably won't. vaush describes that as pointless pessimism, but actually I would tend to accuse him of baseless optimism. of course it's easier to be optimistic when you are rich. being rich also makes it easier to be frugal because you can afford to buy things that will last, and if your job is streaming for maybe 4 hours a day you have a lot more time to cook than if you work full time or multiple part time jobs.
@@aquelegabriel oh another key point, saying people don't have life skills like cooking and home maintenance anymore and eat out and pay for renovations is falling into the ultimate boomer argument, roughly equivalent to saying people don't bake their own bread and make their own clothes anymore. yes knowing how to cook is useful, but not everyone who can will want to and they shouldn't have to.
My rent may havre gone up another 10% while my wages haven't changed in three years but yay the gdp expanded 2% at the express enriching of the ultra wealthy I'm so excited
We thank you for your servitude
If your wages haven’t gone up in three years you need to look for a new job. My pay has increased over 20% the last four years because I switched jobs.
The “There is no war in Ba Sing Se” Administration
we will never learn
Don't they say Biden is part of the silent generation? He's just doing his thing.
Everything is awesome, everything is cool When you're part of the team
It's a big club and we ain't in it.
Everything is cool when we're living our dream😄
So they say.
Trump adding a hundred zillion dollars to the debt might have not been the best economic decision
@@bobloblaw7030 hey what's 8 trillion dollars between friends
Did Vaush just seriously do the avacado toast argument? unreal.
You forgot to mention that he blames the lack of third places, which is absolutely true. I used up ALL of my savings in 2021 and 2022 shopping at GameXchange, when I was really just going because I liked interacting with the people there. He's SPOT ON
It's within the corner of individual responsibility, because even if those same people had an extra couple grand in their account they would still spend it irresponsibly.
@@linusmlgtips2123 those people? A couple grand? What a joke
@@linusmlgtips2123The avacado toast argument is a conservative argument that tries to blame societal issues on individual failing. Could *some* people better their finances somewhat by cutting unnecessary spending, sure absolutely. But there are much bigger issues at play here. There is massive wealth inequality, the known concept of greedflation, unaffordable housing and people being saddled with massive student debt.
But y'know the problems the youth have must be because they spend all their money on expensive avacado toast, or in vaushs case because they take the *extravagant* luxury of eating at a mcdonalds.
Vaush is wrong, it isn't the silly spending, that's rediculous. It's everything else BESIDES that.
It's the lack of housing, 3rd places, lower wages, etc. The problem isn't what people spend their money on its what they're ABLE to spend money on that's getting out of reach
Came here to say this. This was such a terrible take from Vaush.
Did I misunderstand the video? I thought he literally agreed with this. He (as well as some in the chat) just mentioned that people are incentivized to spend more because of certain luxuries seeming cheaper, and might get some satisfaction from that, even though foregoing those things is still unlikely to improve someone's overall conditions.
I would also say hes wrong about the job stuff as well. There are no jobs that may minumum wage that are hiring. Most jobs are just accepting applications and not hiring people. Like its so ridiculous that i cant even get a job and applied to 400 places and only had an opportunity for like 10 .
@@Celsiusing from what I understand he was saying that "frivolous spending" is what's messing up the economy, that's not true. Saving is good, and outspending yourself is bad, but when you can't afford stuff that actually matters, technically spending is spending and that's money in the economy, even if it's going to the very top because they own everything, which again is solved by everything else not by people just withholding their money.
It's a good idea to save but people not "having savings" isn't because they are spending like crazy it's because they don't have the ability to
@@smileyp4535 Yeah this is by far one of his worst takes.... which is unfortunate, but no one knows everything. Economics is simply not one of vaushes strongsuits.
All the talking heads in that news segment were small business owners or middle income, middle educated. If this is what the broadcaster thinks the man in the street looks like; that's worrying.
They need to ask their interns and 'entry level position' assistants how the economy is doing.
They did ask a non-profit guy helping ppl in poverty too
Median income people are by definition what the average person looks like.
@@ASDeckardMedian and average are definitionally, statistically, two different things.
The majority of Americans are homeless or one emergency from it. My housing does not meet the standards local government sets for humane living conditions. I've been trying to get better work unsuccessfully for years at this point. The economy isn't thriving, it's fking holding me at gunpoint. Not to mention the social fabric of my city is fking nonexistent.
EDIT: Do not personal responsibility me Vaush lmao I cook all my meals in a crock pot to have savings. I'm not one emergency away from homelessness. My economic outlook is still shit.
@JasonM-lq7ri Source? I made it up. - that guy probably
@@JusufBideovicsorry I'm not doing your research fast enough for you dude :(
@@JusufBideovicwow you guys are really good at showing your ass
@JasonM-lq7ri are you saying there isn’t a major homelessness problem in this country? Are you saying that more people are not going to end up homeless?
@JasonM-lq7ri fuck it keeps deleting my comments for having links, I hate youtube. Sorry man you'r gonna have to google it yourself, look up how many americans are living paycheck to paycheck, how many have $500 in savings, and homelessness rates. All pretty grim.
Vaush unironically doing the avocado toast bit
Are we so sensitive to this argument that we have to remove all personal Agency from the equation? Two things can be true. The moneyed Elite are getting progressively better at increasing costs and reducing the real wage AND people are spending more than they should on low return luxuries. I'm 32 and the latter is true for all my friends.
@@Gygsqtit's not that people are sensitive to the argument, it's that it misses the point. If anyone with power and agency creates an increasingly financially, emotionally, mentally, and physically exploitative economy, and benefits from it. Well then screw them when they want to turn around and blame poor and working people for participating in the system as they created it
I'm not here to blame poor people. Nor am I here to deny that many people are just following the incentives that society creates for them. Nor am I denying that many many people use this argument in bad faith. But your argument here misses the point because vaush isn't a market maker... He isn't one of the people creating bad systems and then blaming poor people for being poor. He's a social commentator, largely from our own social class, and we're still dismissing the argument when he says it...
The system is broken. We are getting screwed. Compared to the moneyed Elite, our ability to influence the world is minimal. But, people will strip themselves of all agency as to create a reality where everything about their life is someone else's fault. This is why I don't trust "vibe checks" on the ecnomony because for that to mean something the person doing the vibe check needs to have a set of skills that most people lack. You need a fair degree of economic and political literacy and more importantly you need the ability to dispassionately assess your own circumstances. The second is where people largely lack. I know lots of people who are economically under performing because they made poor education choices, followed poor job markets, made irresponsible purchases, didn't take chances to up skill, etc. Now, I wouldn't for a second say they deserve to not afford to live based on that, but if there "economic vibe check" doesn't account for that, is it any better than talking about the stock market (I'm being a bit facetious, the stock market is a shit metric).
Its unreal because he's talked about the actual problems before and chat was even bringing it up. Acting like the problem is young people getting fast food is absurd. Nobody can afford a house, student debt is everywhere, theres insane wealth inequality and greedflation is hitting everything. It doesnt take much for most people to see that it was better for their parents than it is for them. But no its totally fast fashion thats the problem vaush, go talk about your fashion arc more please.
You're not listening to his arguments then.
Also, companies have been price gouging like crazy under the guise of “inflation”, so while the GDP is up people can buy less
Yeah, costs keep going up, wages remain stagnant. The lack of third places is a big thing too.
Hosting a gathering at your apartment does not fill the same need, assuming you even have the space to do so.
Wages aren’t stagnant. Median wages have outpaced inflation.
@@kevinjohnanand Stagnant since the 1980s, yes they very much are
@@ashleyparker6734 This is absolutely untrue.
@@kevinjohnanand they do not outpace inflation. they barely have moved vs inflation. that's the nuance. but hey CEO pay has gone up to 300:1 vs the employees since the 70s when CEO:employee wages was 20:1. workers wages aren't even close to growing like that over the last 45 yrs
@@kevinjohnanand Have you talked to tons of low-income people. I'm one of them, and I have...There is no honest reason for us to be grateful for this current economy. NONE.
"the prices have gone up in most things but people struggling is just a vibes thing"
Wtf was that video.
I drive a transit bus and people always talk to me about the high cost of food, shelter and utilities. A common phrase I hear is, "I am living paycheck to paycheck and can barely make ends meet!" People are frustrated and rightly so! Pay isn't keeping up with inflation, everything is more expensive and the future looks bleak. So when politicians say that inflation is down or the Dow/stock market is doing great that doesn't translate to good times for most people.
Inflation might be coming down, but all the price increases that happened under it are still there and people's pay didn't go up commensurately. Buying power is still well down from where it was pre-pandemic. Also, the main inflation metrics do not consider housing costs and housing has been getting worse pretty much everywhere in the world, so... yippie.
edit: Abolish landlords.
"Rejoice, peasants! The economy has stabilized at the level we described as a crisis and is no longer getting worse as fast! ...Why aren't you cheering? Look, you need to stop being emotional and look at facts. My treasury is better than ever!"
This is not true. Median income has outpaced inflation. People are making more in real wages than they were 4 years ago.
@@kevinjohnanand - Your realize it's really easy to lie with statistics, right? I don't know a single person whose wages have gone up. We had two quarters last year of GDP that didn't meet the threshold for avoiding the accepted definition of recession, yet we were told there wasn't a recession, because words now suddenly don't mean anything. We're being lied to. The US is 100% in a recession right now. It isn't 2008 by any means, but it is a recesssion..
@@footballpharaoh5469 We are objectively not in a recession. Every single economic indicator except for maybe housing is incredibly positive at the moment
@@kevinjohnanand Really,? No.. Maybe you are a high-income person, so you FEEL that everyone of every income should be grateful.. I'm not grateful for this current economy. Homelessness is up in my city..Big time. I have homeless, low-income friends.. This stuff is real, If you don't see it, that's on you
My family doesn't really do a lot in the way of unnecessary purchases, we usually only eat out on our birthdays and basically any other time will make food at home. My Dad and my sister are on disablity but the food prices have skyrocketed we arent really recieving a larger budget to reflect how the food prices have gone up. We've been resorting to making the cheapest foods we can think of and we basically eat the same things every week but our money is still so tight. I don't get how people can dismiss the struggles of poor people and just say shit like "but the line go up" it's completely divorced from the reality of the average American's lives (not that they even care).
You can't "make food at home for a fraction of the cost" anymore. Not to mention the time it takes to make the food and then clean up after you've just worked 10+ hours and want to just relax. Not to mention the price of groceries is just as much as going to a restaurant with a fraction of the effort.
You can. Basic grains remain cheap. Vegetables remain cheap. Common staples like beans still remain cheap. It’s restaurant food that has skyrocketed in cost. Let’s not lose perspective.
What he’s basically saying is yes you can… BUT. You’re meal prepping chicken and rice for 3 meals a day… and imma be honest that’s not even a fraction of the price. It’s just a LITTLE cheaper. That still doesn’t take into account the effort and time put into shopping/cleaning.
It *really* depends on how much you can stomach (pun intended).
If you're the type to eat the same bulk foods, breads, rice, potatoes, couple meats and than a couple choices of fruits and vegies, salad too? You can get weeks of food for a hundred or so. Versus about the same food for several hundred but prepared and cooked at a restaurant. (You're still right, maybe back 30 or 40 years ago, youd get this for 60 to 75, but resturants would still cost you several hundreds).
But obviously eating the exact same bulk foods every week is hard to do, pastas have jumped and thats one of my staple foods. Cheeses? Dont get me started.. want more than 2kg of meat? $40 alone right there for cheap stuff.. list can go on.
At the fraction of the cost of....what? I need a definition of the "what", here. Frozen foods, and, unarguably, indefensibly, eating out/getting fast food....are astronomically more expensive than sensible grocery shopping and home cooking. If you get doordash any more than once a month...you officially have no room to complain about food prices.
@@TheKiroshi Wait you simultaneously think that you can survive for multiple weeks off a hundred bucks, but also a pound of meat is 40$? Both those assertions seem wrong on opposite directions
Agree that socialising is no longer free, but also food doubling in price in 5 years is a big thing
See the problem is that my pay went up 4% and my rent went up 16% in the same period.
I'm doing pretty good, I'm no longer living paycheck to paycheck I'm sure I'm luckier than alot, but this is my vibes
I'm personally doing better than 4 years ago, hoever what is killing me is rising medical and dental costs.
@@hizzlemobizzleThat's Congress's job.
@@hizzlemobizzle just remove all your teeth, and you won't have to go to dentist, problem solved lol /j
@@adrianalicea6704 Yes, but my blender and straw expenses would explode.
@@JoshSweetvale Yes I wish they would prioritize it.
Everything’s fine…
The proletariat-👀
A well off UA-camr from Beverly Hills who has admittedly never held a real job for any significant amount of times telling me that economic struggles are a vibe. Sounds legit.
y'know, if you would've watched the video you would know he's actually criticizing PBS for saying the economy's fine, not saying it himself.
Just my two cents tho
I call bullshit on job availability. Its all part time positions the ones that do exist and NONE of them actually hire.
This has been my experience as well. Pretty much everyone refuses to talk about it. It's like everyone's just covering their eyes and plugging their ears to avoid the reality. There's no intention whatsoever to bring livable wages from one job back. They'll just fudge numbers as the population gets older and sicker but unable to retire.
Most people are looking at average pay, cost of rent, groceries, and gas. Everything else is secondary.
Most people aren't looking at averages. They're looking at what they individually pay, and they're not looking all that meticulously at even that.
@@VitalVampyr Yes they do. Everyone knows what the going rate of pay is for their work in their area. Everyone knows that they can make $16/hr at amazon so other warehouse jobs in the area need to pay at least that to maintain employees. A cashier knows what they can generally get at walmart, Kroger, whatever and as an electrician I was keenly aware of what companies were paying other guys in my area. They are also very aware when pay raises aren't keeping up with costs of living increases. Sure, people can be better with their money as Vaush suggests but they're not going to think that way. They're going to think, hey I can't afford x as much as last year, economy sucks, Biden sucks.
@@jamesyount2423 "What one can get" isn't exactly an average either, but it is close enough colloquially I suppose.
So that justifies one item in your list of four, the one not addressed in my comment.
My raises haven't even kept up with rent increases over the past 3 years. Plenty of us are poorer despite having stable employment. People like me don't care what metrics they use that show the economy is good, it isn't good for us.
Vaush legit doing the "just manage your finances better." How is that different than the "stop going to starbucks."
He said it wasn't the main issue
He s rtarded
Vaush out here sounding like a bitcoiner in the making with the deflationary currency comments.
Wealthy are so out of touch, gods.
Out of touch is such a tame way of saying what's going on isn't it
@@coffeinated_Newt45 yes, but I like speaking tame~
@@TissuDemon like totally
People would need to work multiple jobs to be able to afford food, housing, and basic necessities just to stay afloat. That's why they're unhappy.
No no. That’s just your experience, but the reality, according to Vaush, is that you’d be fine if you just stopped eating a restaurants.
@@calebeyl141what is wrong with you people?
Did that PBS narrator just unironically refer to a group of people as 'yuppies'? WTAF?
I mean, it's a real term for a demographic. Yuppies = YUPs = Young Urban Professionals. In modern day: middle-class millennials (the exact generation obviously changes depending on the time period).
Yeah, yuppy as an “academic” term was created as a pretty neutral demographic notation. It wasn’t till like the 90s or whatever that it became a slur. Some people still continued to use it as a specific demographic of people with no offense intended
Almost like you can tell the author of this report is probably as disconnected from the real world as you would imagine
“Blud really just unironically used a word im unfamiliar with. Kinda cringe”
I work retail.. Economists are always talking about how inflation is down and prices are down. They. Are. Not. Food is still as expensive as it was during the covid boom. Sure maybe eggs are cheaper now and sometimes you can buy butter for cheap depending on the month. Raw vegetables are affordable most of the time too. But most food items have not gone down in price since covid hit. Wages have barely increased for the average retail worker.
I can’t even count on a single hand how many coworkers died during covid. Nobody I knew had a job where they could work from home during the pandemic. No, they aren’t lazy, sure some of them are dumb but that doesn’t mean they deserved to die
Then people have the audacity to just be like, “lol get a better job what are you doing working retail.” Like I don’t have bills to pay, like I don’t have a sick mother, like I haven’t just lost my insurance through my work because they fucked up my hours, like I’m not on medication that helps me not want to end it all, like the company I work for isn’t constantly shifting work hours around to squeeze the most profit out of their workers at the expense of their mental health.
Im not even guna proofread this comment. I could go on forever how life is worse since the pandemic and I couldn’t give two shits about the GDP or job availability. They are meaningless metrics for people working pay check to pay check
When economists say price are down in relation to inflation, they don't mean the sticker price. They mean relatively, like relation to wages. Median wages are currently trending up faster than current inflation. This is undoing the covid damage. On the big scale of course wages have been stagnated since like 80s and that trend is still getting worse, but on a small scale, there is a small correction going on.
The part about losing coworkers to covid resonates with me a lot. I was working at a big warehouse at the time that was able to remain open because it housed some medical supplies, and when the virus found its way there, it was a real-life nightmare.
Confirmed case after confirmed case, and I knew people who died. I'm still not over it.
I think calling it "economic vibes" is more a function of them not understanding how to use the word "vibes".
How can they talk about how many jobs there are without even MENTIONING real wages
Edit: this was part of how they were talking about labor shortages, the jobs DIDN'T PAY
Vaush: "eating cereal for dinner is dumb... but like, why cant poor people just be practical?"
Huh?
Wot
It isn't even about vibes. There are plenty of actual data you can point to that highlights the issues pain people are experiencing. A much better measure is something like the ratio of median income to median rental or mortgage cost. The cost of housing has been rising faster than income. Having a job means nothing if you can't afford the bare necessities.
That one ratio is the one that by far outweighs so many other statistics and anecdotal evidence - especially when trying to convince certain Boomers they're full of it for thinking they had it "just as hard if not harder" back in their day.
That’s key. I have had my mortgage locked in since 2020 and it has helped shield me from the inflation for the most part. I still experience it, but only on things that take up a much much smaller portion of my income than my house. A lot of boomers and older people in general are paying mortgages on relatively tiny sums when compared to the current market, and they probably refinanced at some point when rates were low. They are experiencing a completely different economy than those renting or even those who bought post-2020.
That's true, the problem is that the government, as it stands with the limitations of the system, is completely incapable of addressing any of that, there isn't a way of doing it.
@@calebrapp7289"A lot of boomers and older people in general are paying mortgages on relatively tiny sums-" Boomers are in their 70's, bro. Almost none of them are paying mortgages anymore, and if they are it's because they bought a house *super* late into their working lives, way later than is normal.
vaush is severely out of touch here sry
Yep, he's just a bootlicker bow
I think the disparity in wealth is palpable even though not enough people recognize it, nor do they attribute their discomfort to the correct factors. We live in a world where a few people have enough wealth to buy a brand new Gulfstream V every day of the year, yet other people cannot find affordable housing where they work and live.
Vaush really made a “stop eating avocado toast”-adjacent argument
He really did, why is he doing this? Has he always been like this?
@@Miguel.Garciathe richer a person gets, the worse they become
He’s right
It’s a fair point, it’s pretty hard to hang out with people without spending money. And going out to restaurants and similar places has gotten much more expensive
I’m not sure that’s exactly what he meant. The problem with avocado toast arguments is that it makes a social problem a personal failure. Akin to just telling black people to “fix their culture” or “work harder” to fix white supremacy. He is blaming the economic issue on a social issue, like saying “the problem is a lack of class consciousness” when the early days of the middle class broke the proletariat apart and stopped the union progress in the 1940s and 50s. He isn’t saying that it is a personal failing, he’s saying it’s a cultural and societal one.
i wouldnt blame people for not wanting to cook when cooking takes so much time and effort, not just the price of ingredients, even if someone has the cooking skills it doesnt mean its easy to cook every day, and the fashion point doesnt make much sense to me when dressing up and having new outfits is part of going out and meeting friends and community, plus people are more free to explore different fashion styles now compared to before
"having new outfits" didn't used to be part of "going out and hanging out with friends" though. You don't need a new outfit every time you head out for a party! Repeat outfits. Its fine. Historically, you were lucky if you got a new dress every year, you certainly don't need a new dress every _week_
If your friends don't want to hang out with you because you repeat outfits then you need to get some new friends, I'm sorry.
I think its great that people can explore new styles. But I also don't think that its _necessary_ that they do. Nor does it mean that you need to "explore" at the rate that people are right now. People didn't buy Prairie dresses during covid because it was a new style that they fell in love with, they bought them because they were trending for about a month and the minute that trend ended you never saw them again. The style exploration that people are doing is artificial, because a someone told them it was in style this week not because of some internal drive to decorate their meat bag a different way. Fast fashion is one of the biggest causes of pollution world wide.
Well life is difficult, what do you expect? Also, your point about the outfits is ridiculous. You don’t need a new outfit every time you go out. You can meal prep efficiently too.
@@SilverDragonJay its necessary for some not for others, dont think you can say everyone is doing it too much ,and i wouldnt blame fast fashion on consumers still
We weren't having these issues under Trump's economy.
GREETINGS CITIZEN. ALL IS WELL. GO ABOUT YOUR DAY WITH MINIMAL CONCERN FOR YOUR SOCIO-ECONOMIC STATUS.
They missed something in this video. The way inflation is beat isn't by costs being reduced, it's by wages increasing. And wages haven't increased to keep up in forever.
Idk vosh, I feel like you are out of touch with money. Yes, people are spending money on fast food, but that is a symptom of a major issue. I know you mentioned the lack of 3rd places, however, that doesn't address food dessert, lack of pay increases, lack of time to prepare big meals, etc.
Vaush's takes here are unusually right-wing and misframing things. I'm not sure if he's trying to be performatively sarcastic for some point later.
I tire of people who eat like kings, look upon their tables, and say that the land is prosperous as their servants starve
I think the worst part about all of this is that it's not going to get better for potentially a long time.
What I got out of this video is vaush doesn't want us to eat out or be thicc. Truly reprehensible.
Can't wait for responsible spending to be called fascist by people on twitter.
Just skipped right over high housing, food prices, inflation, low wages and corporate greed, and went straight to a Republican talking point.
My family has done everything in our power to be frugal and boost our savings, and we were succeeding. But now our savings has been depleted by 50%.
Can't believe Vaush really said avacado toast.
"You're fine you're fine don't tell mom"
-Joseph Roseph Biden
i do understand whats going on but Im still gonna vote against trump for the most likely candidate to beat trump. and thats that.
I agree with some of what vaush is saying, conspicuous consumption is up but eating out isn't that big of a deal, we used to have 3rd places now we just have consumption. It's cheaper individually but overall more expensive and always costs money to do ANYTHING out of the house and even then your spending a lot at home.
Spending money isn't the problem, it's how the money is spent.
Edit actually we do agree a lot, but I don't think the problem is how he put it, but I do agree on the solution
Well, yes, but the avocado toast guy was correct in the one thing that it reallt adds up. By cutting my eating out from once a week to once every two weeks I managed to save up thousands of dollars the last couple years and can now go on a holiday with my girlfriend. You are right it is a little thing, but he is also right in that it is an easy thing to cut to save money if you are in such a position to begin with.
The economy is improving, but not for them. It's really that simple, I don't get why so many people are so smug and eager to talk down to people about how things are better.
my parents never eat out, they only cook their own food, don't buy frozen foods, never travel, buy a couple new clothes every 2 years and worked all their lives. last year they had to move from a 80m2 apartment into a 1 bedroom 1 living room/kitchen 50m2 apartment cause they couldnt afford the other one anymore. that's because their full-time jobs weren't manager or lawyer or IT, but cleaning staff and construction worker.
and thanks to that their health is absolute shit as well. my mom had spinal surgery a couple weeks ago.
"I feel like this isn't doing enough to substantively address the issue." Yeah, I have an economics degree, and I genuinely don't know what the intended takeaway of this news coverage was or what purpose it served.
Most of what vaush says I can agree with but he’s only thinking about it at a single young adult not as a parent and an adult that works 50+ hours a week and still can’t pay their bills on time
Something about that guy's extremely frank "i don't feel great" made me laugh
Too bad this is no laughing matter :/
Are they under the impression that wages instantly jump to match whatever sort of economic success is being indicated by stock market/unemployment numbers? Things improving in a general sense didn't stop my grocery bill from being double what it was 5 years ago, and employers sure as hell didn't double the paychecks.
when you ONLY factor who can take part in the economy and what they can afford everything looks great! If 1 out of 100 of us can afford bread we're going to fucking spin that shit. There is no bad economy in ba sing merica!
stop giving voochie money he has lost touch with the proles
I hate to defend PaulsEgo here because he genuinely has some brain dead takes, but you are not in a good position where you’re living up to his view of you. The problem is not finance managing, people often need two or three jobs just to make ends meet. Not all of us have a successful streaming platform to get rich off of, and you can’t just talk at less wealthy people about financing when you’ve never been in their position, because you’re talking from a position of privilege. Prices (especially cost of living) are higher due to greedflation/artificial inflation, half of working people make $30k a year or less, 80% of Americans are living paycheck to paycheck, half the population doesn’t even have health insurance, and 500k Americans a year go bankrupt from medical bills, one of the leading causes of bankruptcy in the US; I could go on and on. This would all be fixed if we raised the minimum wage at the federal level to $25/hr, we established Medicare for all, enforced rent control, even UBI would be a solution. But of course, the donors to our politicians won’t have that, now will they. In short, it’s corruption, stupid. I thought you were a socialist?
Everyone I know is housing poor, myself included. Nothing else matters when all the money goes towards housing.
"Statistically, you _are_ happy."
Vaushes whole argument. Oh and that personal responsibility of the poor people
Having both national and corporate economics as subjects at school really opened my eyes at how statistics like GDP tend to ignore how the average person is doing and how there are so many ways to manipulate people into behaving certain ways on the market. High GDP doesn't mean your country is doing well socially, psychology will always be used against you everywhere that money is involved, markets will never be in ideal condition for the customers without state intervention/involvement (natural monopolies will form without that).
“We asked people how they felt about the economy. Surprisingly they told us how they feel and economists are concerned they didn’t quantify how they felt using gdp and inflation. We are calling this the ‘feelings economy’.”
When is Universal Basic Income going to happen?
When we force it to
Just from my own perspective:
Money inflation has gone down but cost-of-goods inflation went WAY up during COVID and hasn't budged since. Rent also leapt up and stayed up, keeping the rentbound from saving towards taking advantage of lowering housing inflation.
Overall wages are up, even at crappy jobs, but every single place is working on a skeleton crew all the time now. Even if your job is now paying you twice the pre-2020 rate, groceries cost twice as much and you're doing the work of three people. And in this environment you can be "technically" underemployed but still just TIRED. You can't just leave and find a place that isn't doing this, though, because everywhere is doing this. It became "acceptable" during COVID and is cheaper than the alternative, which is all businesses care about.
The news is only interviewing gorgeous women today I see
America is slowly reverting to a highly primative, inefficient wealth extraction based economy. Shifting from ownership to landlordism in all sectors.
Another thing that has changed now compared to before is the increase of planned obsolescence and the need for owning a several hundred dollar phone to participate in society (that also serves to constantly advertise and enable spending).
I can’t believe Vaush just hit us with the avocado toast
One small note:
When they talk about prices coming "down" that doesn't necessarily mean in absolute terms, but in relative terms. If the price of eggs didn't change for the next 5 years, as wages, rent, luxuries, etc. went up 5-10%, then eggs would be "cheaper", so when economists say the price "hasn't come down" they don't mean that the actual number on the sticker will be smaller, but that wage growth hasn't caught up to the inflation.
(Maybe eggs isn't the best example, since I think they actually DID go down, at least regionally, but picture something that didn't)
We literally have had price deflation over the last year. Prices have literally come down in literal absolute terms, for almost everything, including median rent.
@@ASDeckard Maybe in some places and some industries. Where I live, groceries haven't really come down, though the inflation has slowed according to consumer price indices.
But my point wasn't that prices will never come down in absolute terms, just that they don't HAVE to for prices at PPP to come down.
@@ASDeckard Tell that to my grocery bill
I don't give a flying fuck if the economy is doing ok I haven't had expendable income since prior to 2020. Living in the US as an average citizen feels like constantly walking a tightrope where on my left is medical debt and on my right is something going wrong with my fucking car.
I mean i think the reason why people are spending money on things they don't need is realitive nihilism that the generation has gotten due to the stagnet if not recessive nature of the political sphere. like
"well since I'm never gonna retire I might as well give the vultures a interesting thing to pick at,"
because there's a good chance out retirement age is gonna be go up and we will only be free to do stuff at 70 while we die at 73. So it just becomes a concept of trying to find comfort while you still have the energy to do so regardless of financial issues or lack of time due to choking jobs.
So in a way its less "irresponsible" and more of a defiance against the choking system that constricts our bodies until we collapse
Until housing is a human right, living on the margins will always be extremely anxiety producing. Because you're always one crisis, one accident away from being forced to live and suffer and die on the street. And even when you're in housing, you have to step over the bodies of the people who aren't, and pretend everything is fine.
Our work is finally giving out wage authority raises. 4% which equates to $.96/hr raise for me which is fine, but man I could really use more 😅
Everything is awesome! Everything is cool when you're part of a team!
My rent went up. My groceries are more expensive. My pay is the same. My health insurance sucks. I have an old car that uses a lot of gas. I don't drink coffee or use doordash. I will never be able to afford a house since the prices near tripled what they were in 2019.
I can still afford a $600 emergency. Most people are doing worse than me. Of course people do not feel good about "the economy".
The third place comment is so true. I’m a new college student, and I’m incredibly grateful to be able to start this passage in my life because even though I’ve made an effort to spend time with my friends no matter what, I have seen and will probably see for myself that we are actively discouraged from doing community activities without purchasing things. Even when I don’t want to spend any money, there’s parking tickets, property “rights” where you can’t even sit or “loiter” in an area/cafe without spending money. They take any space we have left away from us.
So, maybe the GOP should have voted to do the anti price gouging bill
this is why the GOP needs to go and Trump CANNOT get back in office.
Notification Gang stays winning!
Last summer I was making 17.50 an hour doing backbreaking labour. Food got noticeably more expensive every week. I moved. It was aweful. Now I have a place to stay effectively as long as I keep paying. I make twice that working 9-5 remote. And generally groceries cost the same this week as they did the week before. I've been given stability and comfort. Next month I'll be debt free. Life is good.
I think it’s simple, while wages have risen with inflation, the cost of living has increased far past inflation. Companies used the pretext of inflation to price gouge far beyond what is justifiable, and also used shrinkflation to edge out more profits
You're being too reasonable for this comment section.
The only 3rd places where I live (MA) are public parks, walking trails, and beaches (and even then parking sometimes has a fee). It’s too cold out to be outside from late November-April, so pretty much most of the spaces are only usable for half the year. No wonder people have seasonal depression.
"I see a lot of people who are not doing well economically but they eat out like four times a week, and they buy a lot of weed and they shop a lot and they travel."
It sure feels like this 10 minute news story said a whole lot of nothing.