#RecessionIndicator: Young Americans are losing confidence in the economy — and it shows online
https://www.nbcnews.com/business/economy/young-americans-are-losing-confidence-economy-rcna198451Open linkView original on lemmy.worldSyndicated from the fediverse. Read and engage on the original instance.
View original on lemmy.worldhttps://www.nbcnews.com/business/economy/young-americans-are-losing-confidence-economy-rcna198451Open linkView original on lemmy.world
8 replies
Why should the youth care about an economy that actively works against them?
Confidence in economy means you can spend money because you are confident you can make enough to afford a thing. Of course, this hasn’t been a thing for a while which is why credit card debt is so high, but now everyone is so in debt and unsure they can even make a minimum payment that they just aren’t buying. So, retailers are crying. Boooo hoooo.
I'll be sure to shed a tear for those poor retailers. How are the rich supposed to buy another yacht if folks don't put their burritos on Klarna?
Fucking klarna! That button depresses me every time I see it.
... Working folks are losing their jobs over this
Rightfully so.
I’m impressed they had some confidence to lose.
After baby boomers every generation has been progressively more fucked