ilmscore | Why Americans Feel Poorer Despite Strong Economic Reports

Why Americans Feel Poorer Despite Strong Economic Reports

Published: 2024-11-04
Status: Available | Analyzed

Predictions from this Video

Total: 4
Correct: 0
Incorrect: 0
Pending: 4
Unrated: 0
Prediction
Topic
Status
The US national deficit in 2024 will be the third largest ever, occurring years after the pandemic.
"the third largest national deficit ever is going to be this year in 2024, years after the pandemic is over."
US National Deficit
Pending
Interest rates are expected to fall, which will make the national debt cheaper.
"A lot of people are hoping that interest rates are going to fall, making the national debt a little bit cheaper."
Interest Rates
Pending
Wage growth in 2025, 2026, and 2027 is predicted to outpace the inflation rate.
"the goal is that the wage growth that we see in 2025 and 2026 and 2027, it will outpace the inflation rate."
Wage Growth vs. Inflation
Pending
Market crashes and recessions are predicted to occur in the future, but the economy will continue to grow, creating opportunities for financially savvy individuals to become millionaires.
"despite the market crashes, despite the recessions, because yes, we're going to see market crashes and recessions in the future, our economy has continued to grow and market crashes and recessions create more millionaires than any other time for those that are financially savvy."
Economic Crashes and Recessions
Pending