Post
Topic
Board Economics
Re: US economy is booming, but people are not seeing it.
by
Silberman
on 04/05/2021, 14:37:01 UTC
US economy is finally booming and it is a big relief for all of us, but in a worrying sign people are yet not seeing that boom, and this makes me wonder what happens if the general masses can’t feel the boom, will the US economy once again slip downwards?.

Furthermore what do you’ll feel is the key reason why people are missing seeing this boom in the economy, and I have read several reasons in the media but if someone has some personal perspective then please do share it.

Source:

https://edition.cnn.com/2021/05/03/economy/jobs-economy-covid-biden/index.html
I really do not know where you get the idea that the economy is booming, this is not true, maybe we are experimenting some growth but that is just because the economy fell so hard in 2020 because of the pandemic, we need to be very clear it is going to take years if not a decade before the economy recovers from what happened and there is no guarantee that this is going to happen at all because the US government is still printing money which is causing inflation and that will affect their population over the long term