My wages have not gone up and the prices i pay are still going up.
Mine and my wife’s have, it’s all anecdata, but we’re doing better than before.
Min wage not increasing and prices increasing isnt anecdotal
At least where I am, no one makes minimum wage. Fast food and retail jobs are $17+/hr.
Minimum wage is irrelevant if the prevailing wages are higher. It seems like monthly we’re hearing that a union has signed a new record breaking pay agreement.
That is not anecdotal - pay is going up: https://www.bls.gov/news.release/empsit.t19.htm https://tradingeconomics.com/united-states/wages
“fool! If you knew economics better you’d understand that your buying power is the wrongest metric. Look at the stonks you uncultured swine!”
-a super smart economist, probably
I had someone try to tell me that the economy is better than ever, people are more rich than ever, and my “personal anecdotal evidence” can be completely dismissed.
It’s no longer “personal anecdotal evidence” when 150,000,000 people are experiencing the same thing just in my own country.
when 150,000,000 people are experiencing the same thing just in my own country.
No they’re not.
How does this garbage have any upvotes?
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/
Seems like wages have been rising faster than inflation since February 2023. BR, super smart economist, probably
So what you kinda tried to say without saying just now was that your data refutes my point. Before i waste time playing with you on a topic i felt done with yesterday im gonna make you commit more. Is that what you are saying? That your data, february 23 to today wage growth vs inflation, refutes the points ive made yesterday about massaged data being used to misrepresent reality? And this data shows me that the increased actual cost of living has been for 10 months outstripped by wage increases for Americans across the board? I need to know what you mean, precisely.
Get in a union. Or keep changing jobs just going to wherever will pay you the most.
I have a union job and a non union part time job. Pay has gone up a decent chunk at both over the past few years.
“Just get a new job” is a completely asinine take. Many many reasons people can’t. Someone with a family working full time doesn’t have the time or energy to develop the skills for a better job. Someone at fast food in a small town has the choice of other fast food or other retail which all pays the same.
In my wife’s case, she cares for a disabled family member. If she didn’t do it, nobody would. She has no choice.
I mean I agree it’s not a very helpful take, but it is true. Right now is the best time in history to educate yourself and build skill sets that are marketable
I’m interested to know is that your wife’s job? You started out by saying people can’t just get a new job. Which is fair. But I’m confused as to if she is actually working. Not to say it’s a bad thing either way. We gotta do what we gotta do.
The whole get a new job thing doesn’t work for everybody. But the main point behind it is employers are more competitive when searching for new talent. Thus hire wages. You don’t necessarily have to learn a new skill or change industries. Hopping from McDonald’s to Burger King might get you more money in comparison to waiting for a raise. Depends on your market and your industry.
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Which part of “cares for a disabled family member” is hard to understand?
Is it confusing to you that someone would care for someone else?
…or is it just a general lack of empathy?
If you chose to live in a small and isolated town, have no skills beyond line staff at a fast food restaurant, are unable to promote up to management there, and unwilling to travel, I’m sorry, but you sound like you dug yourself into a hole. I have a job I enjoy a lot, even if it’s not very high paying, but I still have the experience and skill set to go off and get at least 3 other jobs in 3 other fields that would pay me more, or even getting a job doing what I do now but at a higher paying place, but like I said. I like where I’m at.
Stuff is expensive as hell now, but you can do something about it. It sounds like you may not want to choose any options that exist, though. If you’re dealing with something that totally prevents you from doing so. But hell, even work from home Apple help support reps start at like $45k/ year.
If you chose to live in a small and isolated down,
And then on any post about housing prices, all you see are comments like “well you chose to live in an urban area!! If you liberals would just move to rural Alabama you could afford your rent!1!” So which is it?
Then I get downvoted for saying there’s a million reasons people can’t just up and move, including a lack of jobs and other resources in rural areas. Besides, a majority of people don’t necessarily choose where they live. There are countless socioeconomic circumstances that dictate that.
It’s just proof that people continue to fall for placing the blame on one another when it should really be directed straight upwards.
You sound like a 20 something, childless white guy that was spoonfed fox News. Glad you had time to build new skills. Some people have children or ailing/disabled families. Some people already work 2 jobs.
Some people struggle, even when they do everything right. Callous ass.
Lol. Holy shit did you fly way off the mark. Try going with 40’s, fam with kids, and lean left. Housing assistance,snap, socialized medicine, taxing the wealthy, and all.
Sure, you can have bad luck and get screwed in life, but right now the job market is WAY better than when I got out of highschool just before 9-11 happened. You can get a work from home job at $20 an hour right now, I drive a class B truck as a side job for $26 an hour, and there’s a rock quarry that hires green people for over $25/hr that end you up close to $35 after two years. I don’t live in some fantastic state, either. Midwest.
Right now there’s a ton of work available if you go get your feet wet. The younger than me generation is screwed on housing costs right now. I’ll give you that, but so was most of my generation. But you also have the ease of an online education and remote learning making it far easier and cheaper to get into some things than anyone else before has. The job market was terrible when I got out of school. Now unemployment is low and unions are getting a hold again and companies are all having to pay more just to poach other companies for people. John Deer will hire you, pay you to go through their 6 month program to learn how to work on their tractors, give you a truck tool box decked out with tools and send you off as a repair tech for them for like $70k a year. There’s not a mechanic shop in the country that isn’t behind right now due to the high vehicle prices causing people to hold their old vehicles together longer that wouldn’t like another person to do mechanic stuff.
I’m rambling, but the point is, there are pretty ok jobs out there right now. Businesses are willing to train you on the job from knowing almost nothing at this point. If you look and don’t live in the middle of nowhere, you can probably get hired doing something that pays better than wherever you’re at. Today’s economy no longer rewards loyalty.
People can’t buy houses with three full time incomes. Glad you got yours.
You’re fucking delusional, dude.
People can and do, you weirdo.
Get in a union
Don’t just get in a union. First, get to know if what they’re doing is good for you, for the community, for the industry. Most unions have not been good for any of these in the last few decades.
If Biden wants the media to cover him better he needs to do what Republicans do: give them a simple message. The other day I saw a Biden “I did that!” sticker on a national park fee payment station. Blatantly untrue? Yes. But it’s simple and people aren’t going to research or even think about whether park fees are Biden’s fault.
“The economy sucks and it’s the president’s fault” is a simple message. But:
The U.S. unemployment rate was just 3.7 percent in November — barely above the pre-pandemic level of 3.5 percent, which was a five-decade low. Annual inflation has also fallen sharply from a peak of 9.1 percent in June 2022 to 3.1 percent in November, and the economy has defied widespread predictions of a recession.
These numbers will just be ignored. They don’t fit in a headline or even an unpaid tweet. And I find people’s natural reaction to numbers is to distrust them. “Yeah, but that’s not the real unemployment/inflation/GDP/etc”.
As for what that simple message can be, I have no idea. “Rising employment, plummeting inflation” might be an option, I dunno. But he needs to get someone in charge of messaging who will simplify things.
The economy is doing great. Except for one thing. It’s all being sucked up by the people who are already rich.
Everything we do to help just gets sucked up by the megacorporations and the already rich. I’m sure you know the feeling.
The economy is doing great. Except for one thing. It’s all being sucked up by the people who are already rich.
Biden’s supporters don’t see why this is a problem.
The problem is the economy is good in metrics but not for the individual. Corporate greed is leaving most Americans worse off despite the “good” economy
“Bidenomics”
Opinion rejected. It’s the same neoliberal trash that’s defined American since Reagan, and Republicans want to do an even worse job at.
Did you even watch 1 minute of the video?
Bidenomics
Opinion Rejected
“Rejecting” someone you probably agree with because you can’t take a second to understand their position.
Noice.
It’s a very simple and time saving system.
Let the term “Bidenomics” cross your lips without at least audible scare quotes, get your opinion invalidated.
Dare ya to watch 1 minute.
This is the best summary I could come up with:
President Biden criticized news coverage of the U.S. economy as he faces growing backlash from voters over his handling of inflation.
In brief remarks Saturday before boarding the presidential helicopter, Biden expressed confidence in the economy and ripped the reporters for the way it has been portrayed.
The economy has roared back from the COVID-19 recession under Biden, who enacted legislation for trillions of dollars of economic relief and investments shortly after taking office in 2021.
Biden and his Democratic allies have largely blamed the media and Republican critics for skewing the public’s views on the economy by exaggerating recession fears and dismissing record-setting job growth.
Pandemic stimulus and restrictions also fueled a surge in home prices and rents, deepening an affordable housing crisis that began long before COVID-19.
Many voters are also struggling with the long-term changes to their jobs and industries caused by COVID-19, along with the lapse of economic relief programs that temporarily lifted millions of Americans out of poverty.
The original article contains 473 words, the summary contains 163 words. Saved 66%. I’m a bot and I’m open source!
“My numbers are dropping! This is not my fault! Release more articles telling them the economy is great and it’s all in their heads!”
The poor and uninformed are the last to see improvement. That doesn’t mean things aren’t getting better. Yet they are most likely to vote against their self interests.
The poor and uninformed are the last to see improvement.
And the first to catch hell when things go to shit. When wages start to rise, the fed considers it a disaster to be averted.
Pandemic-disrupted supply chains are pretty much righted. Inflation is already back near normal levels. Labor shortages have eased. The Federal Reserve is poised to cut interest rates next year.
We’ll still get a thousand stories about a looming recession.
Inflation is back near normal, but prices are not, and wages have not shifted to match those prices (partially due to the government fighting “wage inflation”). People are still worse off than they used to be. I don’t think this is Biden’s fault, but here we are anyway.
Biden has called this out. A lot of companies are still raising prices or aren’t letting prices fall. They’re still saying “oh, this is inflation causing this” while their costs fall and their profits rise.
Biden can’t stop them singlehandedly. (He’s a President, not a Supreme Dictator.) But he can call them out on it and use what powers he has to bear down on them somewhat if they don’t stop.
It might not get all of them to stop (some might risk fines because the profits would be greater), but hopefully it will direct the anger towards the actual culprits - big companies taking advantage of past inflation to raise prices.
Biden can’t stop them singlehandedly.
No but since he couldn’t stop them he decided the working class would pay the price and had the Federal Reserve fuck over the American people.
The Federal Reserve is independent of the President. They technically answer to Congress, but in reality it’s to the big banks.
Powell was reappointed by Biden. Biden is responsible for what Powell does.
“Just stick with us, don’t believe the crap you see from these people, the fake news.”
—Trump
"Start reporting it the right way”
—Blue Trump
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I think he’s actually saying the opposite.
Media reports say the economy is doing great because corporations are making record profits
Meanwhile wages continue to stagnate and prices continue to rise.
The economy isn’t great just because rich people are making more money. It’s only great when consumers have real purchasing power and are paid a good enough wage to circulate that money back into the economy.
That could make some sense.
why all the complaints
if someone mentions voting for someone other than biden you are instantly a trump lover and if you mention voting for someone else other than democrat or republican you are are a biden hater
maybe there should be better reasons for voting other than shirt color or letter or name
