Ask HN: Is the Microsoft buyout just a long overdue correction?

2 pointsby sky22242 hours ago1 comment

anovikovan hour ago
What do you think might be wrong about the economy? If you don't read social media which is always negative (i do not). Every single metric i could think of, is fantastic, from employment to stock market to GDP growth to consumption of everything to private net worth. Inflation is high-ish sure, but this is what normally happens in a boom.
- sky2224an hour ago
  If you're among the top 10% in the US, you're likely doing fine at the moment, but everyone else is struggling. On paper things may seem okay for the government and large companies reaping the benefits of this AI boom, but the current trajectory is not sustainable. Things will get ugly for everyone if we do not course correct on a number of issues like tariffs, Iran war, and more.
  Gas prices are at an all time high, housing has never been less affordable, Intel stock just plunged a record 29% in its history, the US is now $40 trillion in debt... this is all just off the top of my head right now.
  - gigatexal23 minutes ago
    This. Consumption is up, savings rates are down. Core inputs into the economy are too expensive like meat and gas.
    It’s only rosy in the aggregate and then maybe for areas overlooked and for the wealthy.
    It can’t stay like this forever. Something will have to give. The rest of the working class folks and lower will not put up with being lied to all day long, well maybe if they voted Trump it won’t matter. Nvm nothing to see here. No minds ever change.