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submitted 2 years ago by throws_lemy@lemmy.nz to c/news@lemmy.world
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[-] originalucifer@moist.catsweat.com 21 points 2 years ago

if 'the economy' is not really a metric the common man should care about in any capacity, why do news agencies push it like its the new god?

[-] maynarkh@feddit.nl 12 points 2 years ago

The "economy" means the stock market. It's what is important for capital gains. Guess who owns the news?

[-] SCB@lemmy.world 1 points 2 years ago

The stock market was doing fine even when the economy was at its worst. 2008, this was not.

[-] anon_8675309@lemmy.world 12 points 2 years ago
[-] chitak166@lemmy.world -4 points 2 years ago

Eh, I also think all the people with $300k+ houses are interested in 'the economy.'

It's the rest of us that are hung out to dry.

If you think millionaires are the only issue, you're part of the problem.

[-] lewdian69@lemmy.world 3 points 2 years ago

I hear you but that number needs to be much higher these days. They've fucked the housing market too.

[-] chitak166@lemmy.world -3 points 2 years ago

Eh, I bought my house for $60k and it's 1,200 sq ft.

[-] Semi-Hemi-Demigod@kbin.social 1 points 2 years ago

why do news agencies push it like its the new god?

Because it is the new god. Praise The Holy Economy and Its Invisible Hand!

this post was submitted on 03 Jan 2024
179 points (95.9% liked)

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