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this post was submitted on 20 Dec 2023
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Not in the US, but our economy generally piggybacks on the US economy, and it is the worst I have ever seen in my lifetime. Cost of living is up, buying power is down, and I don't think I have received a raise in ages. People dying in a "first world" country because they can't afford to turn on the ac/heat is insane.
I am flying back to the US to visit some family for the first time in about six years, and the cost has tripled since then. A five day visit is costing me more than a month salary.
I'm in Canada, and same experience here. You can really see the signs of the standard of living collapsing all around. There are more and more tent encampments popping up all over the place, stores closing down, things are starting to fall apart and not getting repaired. The mood in the country is very grim right now.