34% of Brits Say UK Economy Is Huge Concern: Household Budgets Leaner and Food Scarcity Rising

https://www.ibtimes.co.uk/34-brits-say-uk-economy-huge-concern-household-budgets-leaner-food-scarcity-rising-1724621

77 points · 2 comments · view on lemmy.world

2 Comments

towerful@programming.dev · 23 pts · 2y (1 reply)

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 · 20 pts · 2y

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.