The economy is supposedly partying like its 1999. Why it doesn't feel that way.
weeklytearsheet.substack.com
There was an interesting article in the Washington Post lamenting the perception of the economy and how to address it. It references a Tik Tok video that’s been going around which shows someone complaining about inflation after buying a $16 value meal at McDonalds. Author / Hall Monitor Taylor Lorenz points out this was only one order at one McDonalds, and if you look at the price of Big Macs prior to the inflationary liftoff, the meme is misleading. Arguing with memes / Tik Toks is more or less a fool’s errand, and the Administration can’t really have the White House Office of Digital Strategy trot out a Vox writer to lecture the Tik Tok Generation on Seasonally Adjusted Big Mac pricing.
The economy is supposedly partying like its 1999. Why it doesn't feel that way.
The economy is supposedly partying like its…
The economy is supposedly partying like its 1999. Why it doesn't feel that way.
There was an interesting article in the Washington Post lamenting the perception of the economy and how to address it. It references a Tik Tok video that’s been going around which shows someone complaining about inflation after buying a $16 value meal at McDonalds. Author / Hall Monitor Taylor Lorenz points out this was only one order at one McDonalds, and if you look at the price of Big Macs prior to the inflationary liftoff, the meme is misleading. Arguing with memes / Tik Toks is more or less a fool’s errand, and the Administration can’t really have the White House Office of Digital Strategy trot out a Vox writer to lecture the Tik Tok Generation on Seasonally Adjusted Big Mac pricing.