wrongly think the U.S. 
is in a recession 
gets too excited about the great economy rn and 
yalled it
also like https://old.reddit.com/r/Economics/comments/1ercgpk/59_of_americans_wrongly_think_the_us_is_in_a/
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
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Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
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I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
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The news has been bleating out that the inverted yield curve, yadda yadda signifies we're in a recession. I don't really blame the general public when a McChicken costs $2.50 now.
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i dont know what an inverted yield curve is and i dont care but i do know that everything is 2-3x more expensive than it was when hitler was in office and also that absolutely nothing is better so im voting for hitler
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Well you see we redefined recessions so a recession cannot occured when a D is in office
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Dammit i basically made the same joke but worded differently
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Nice larp
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Smartest voter
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I also don't blame people for not believing a word the media says either
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"well you are making so much more money!"
Sounds a bit like a real recession to me
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frick those welfare queens, should've saved for retirement instead of leeching off my paycheck
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fr, imagine believing the government when they make a promise, and lol
!slots1000 PERIODT
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The elderly should have saved more money. $10/week from 1970-2015 would make you atrociously wealthy if it was all S&P500. Why do I need to make a top-5% income, save 50 grand a year, drive used cars, be a semi-expert mechanic, investor, and tradesman when boomers could just flap around and get the same lifestyle as me working as the assistant manager at a Sears?
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the nnverted yield curve doesnt even mean were in a recession, and They like just blamer about that bc before literally every economic down turn there was an inverted yield curve, and That doesnt mean that literally every yield curve was followed by a down turn, in faft about half rhe time the economy went up or stayed stagnant after an inverted yield curve, and Also the mcchicken costing more is great for macdonalds bottom line which is beneficial to the overall economy which is a net good!!!
but its whatever
ok so !slots500
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Hey r-slur. 2 negative quarters is a recession. We've been there since 2023
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um Thats totally false, by that logic weve been in a recession since 2022 actually, butt the definition has changed, chud, and If we cant agree on the definition of words, then we cant have a coherent discussion about how great the economy is doing???
literally, https://www.hydesmith.senate.gov/biden-administration-seeks-redefine-definition-recession-ahead-likely-bleak-economic-report
https://fortune.com/2022/07/29/wikipedia-recession-definition-debate-partial-blocking-new-users/
ok so !slots500
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NOT A RECESSION SWEATY
YOU MIGHT ACTUALLY BE IN A RECESSION BUT THE EXPERTS HAVENT WRITTEN THEIR REPORT YET
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You can invert my curve
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eating
a mcchicken or a jack in the box taco as an adult 
is pathetic. those are meals for middle 
schoolers who only get $3 from their parents.
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Wrong
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That's just inflation, a thing used to battle recession I think idk I'm not fricking Friedman
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To most people 'recession' just means shits getting financially harder and a lifestyle which had been well within their means has very quickly become unaffordable. Nobody gives a frick about the technical definition and being a pedantic peepeehead about it while people are struggling is likely to get you fricking punched.
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The entire discourse is dumb and feels like one giant gaslamping attempt. No one cares what the technical definition is, no one cares how our situation is better now compared to other points in the past. What everyone cares about is noticing that their paycheck isn't going as far as it used to and people are having to cut back on purchases or take on more hours to get by. These types of articles do nothing but make the plebs angrier.
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They're just spoiled and need to lower their standard of living. Everyone else lives in combloc apartments and works every day.
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Just because that's how europoors "live" doesn't mean Americans should have to put up with it.
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europoors do NOT work all day.
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Real wages aren't even 10% lower than they were before this bout of inflation. If their lifestyle is unaffordable now, it wasn't "well within their means" before.
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10% is a lot, actually
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Because only that one thing exists and there aren't multiple issues affecting the cost of living.
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"Real wages" is literally the ratio of incomes to cost of living, dumbass.
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Real wages are an ill defined nebulous concept due what gets included in a given data sets inflation calculations. It's only useful as a broad snapshot of the past and with little useful application to current or future outlooks. It also only provides average numbers, ignoring basically all wage growth in the past 20 years has been in the 90th percentile mean the vast majority have experienced far more than a 10% decline on an individual level. On top of a 10% decline in purchasing power over just a few years being fairly substantial in and of itself.
Do your parents still pay your bills or do you just live of student loans?
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Should've been in the 90th percentile, pleb
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How is that possible when everything is more than 10% as expensive as it used to be?
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Because wages went up a lot, too.
"Real wages" is the relationship of incomes to cost of living. If your costs go up 10% but your wages go up 8%, your real cost of living has not gone up 10%.
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Wrong. If costs went up 10%, my cost of living also went up 10%.
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Stop trying gas light me and tell me my cost of living didn't go up.
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Your real wages and real cost of living did not, as both of those terms refer to the income/cost ratio.
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My real cost of living went up since I'm spending more money. Whatever you're talking about is fake cost of living.
And my real wages did not go up.
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Skill issue
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I quit my job to start my own business.
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Theyre wrong though to a definition we completely made up after the fact which is also how a recession is defined so we could totally be in one but were not cause journos said so
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Idk maybe you should
have gotten a promotion or something 
in the past 4 years Chud wagie 
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Kackala herself said she was going to fix the economy if elected.
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Please disregard that she is already the vice president. Once she's actually president, then she's going to fix the economy for real!
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She didn't just fall out of a coconut tree, she knows how to tell the rubes what they want to hear.
She also stole DDR's "no tax on tips" line, despite how idiotic it is.
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Literally no source for this i checked the website its unconfirmed
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The economy is doing just fine you r-slurred chuds. Just because you need to make at least $80k to be able to meaningfully scrape by with two kids (if mayo) is just a moral failing
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Burgers have an amazing ability to make me seethe when they talk about money. You live in the richest country in human history, figure it out you r-slurred ape
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Telling them to "figure it out" and suggesting they don't waste hundreds of dollars a month on getting cold slop delivered or $40 eights of weed is heckin' victim blaming you actual fascist.
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"You don't understand! I can only order a taxi for my dinner twice a week now instead of every other day! I can't even afford my rental butler to do a food shop any more!!"
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it's all relative. the quality of life that 5 years ago you could get from $80k in the US now requires $120k.
of course for average europoors the easy money in the US is still like a dream.
but it was a better dream under trump.
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I don't believe you
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Registered nurses don't have to go to college
and makes four times minimum wage? 
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Reality is, those comments come from tards who blow their money on garbage
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Listen here jack, if a cheeseburger costs more than a dollar then its officially over
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I prefer you as
@Ariana the feminine touch really adds to your contributions 
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omg! !slots400
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!slotsmb4000
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omg! !slots400
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A true centrist would admit that the executive branch can't really do anything to help or hurt the economy.
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Executive can still frick things up, but can't do that much to unfrick
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Recession (n.) The state of an economy when a Republican is in office
see also, Utopia (n.) The state of an economy when a Democrat is in office
A Republican is not currently in office, ergo, we are not in a recession. QED chud.
Now that'll be $14.50 for your gallon of milk.
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They're still sobbing about Reagan. It's been forty fricking years.
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isnt there some sort of stat where 30 percent of people wont be able too afford their current standard of living in a few years?
@MarioMemer stand with israel
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Snapshots:
https://www.cnbc.com/2024/08/12/59percent-of-americans-think-the-us-is-in-a-recession-report-finds.html:
ghostarchive.org
archive.org
archive.ph (click to archive)
ghostarchive.org
archive.org
archive.ph (click to archive)
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This has me wondering... surely they wouldn't tank the economy the moment orange hitler is sworn in by announcing that NOW we're actually in a recession... I mean that would be stupid, right? Sure, shutting down the economy to own the chuds would feel good but they'd put the long term interests of the country first, right?
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