• towerful
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    7 months ago

    I don’t really care about “the economy”.
    I care about the increase in costs, increases in productivity and the non-increases in wages.
    The economy is how well companies are extracting profit. Idk what the word is for what I care about.

    • Odin@lemmy.world
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      7 months ago

      I think what you’re looking for is Standard of Living. The economy may be doing well but the standard of living is stagnant or going down for many.