“Housing has become so financially burdensome in America that some families can no longer afford other essentials,” Redfin’s economics research lead said.
Well, first pay is not stagnant. Wage growth is actually outpacing inflation now. I know that’s of little comfort to those who have fallen behind and need to catch up, or haven’t benefitted from the wage growth, but you are factually incorrect here.
And you see what I did there? I made a point and then backed it up with a source.
But more importantly, this isn’t my point. The original implicit claim is that people are pushing that the economy is fine and there are no problems, and then people followed that up by saying everyone is pushing that the economy is great, explicitly Biden saying so. I’ve not seen this, and you still haven’t provided anyone actually doing so.
The problem on your chart is the giant section where inflation peaked at 9% and wage growth was under 6%.
That means a pay cut of 3%, and while inflation is reduced NOW, that doesn’t mean prices are going DOWN, they are simply going up less fast than they were when inflation was 9%.
Yes, I understand this point. Which is why I explicitly said “I know that’s of little comfort to those who have fallen behind and need to catch up.” I know that your point is always what follows, which is why I preempted it.
Additionally, I was responding to a claim that wages have stagnated. This is not true, as my link shows, even if we are more strictly talking about inflation adjusted wages. So the link doesn’t have a “problem.”
That article and you are full of shit. I don’t care how many “jobs” you create if they all pay shit wages it means nothing.
You can site all the fucking sources you want I live in reality and here in Oklahoma one cheapest states to live in people are struggling to pay rent and buy food. So fuck off with her neoliberal bull shit.
Again, this all stems from me asking for someone to back up the claim that Biden is saying the economy is perfectly fine and there are no issues.
You brought up an unrelated claim, and are now attacking me personally for pointing out that the numbers don’t back up your claim, by using your extremely limited anecdotal experience as proof.
I’m sure you will ignore it and keep telling us how great the economy is doing and how us poors and working class just don’t understand that the rich getting richer and corporations making more money that it is really all good for us too.
First, Biden’s name doesn’t even show up in that article. So I’m not sure why it’s being provided as evidence that Biden is saying everything is perfect.
Second, it’s an article talking about the gap between the rich and the poor growing. . .and quoting plenty of people saying how this is bad and how taxing the wealthy for this money would be beneficial (both things I agree with BTW). And this is being used as evidence of the media saying everything is good? It’s proving the exact opposite.
I’m sure you will ignore it and keep telling us how great the economy
At what point did I say the economy was great? Are you sure you’re talking to the right person?
how us poors and working class just don’t understand that the rich getting richer and corporations making more money that it is really all good for us too.
Bro, I’m working class too. lol I’m not sure where you’re getting all of this. The fact that I don’t think everything is miserable, like you, doesn’t mean I think everything is perfect and honky dory. Please consider that a bit more nuance than that can exist.
Your claims come from mainstream media. You must be rich fuck because is working class dont see this great economy you speak of. Also every article I read and from fucking experience tells me your full of shit.
Go take yourself back to bootlicking but data just released showing we grew a bunch of new billionaires proves the economy is fucked for everyone but the 1%.
Also the fact that this very article points to a problem and you ignore it. Done talking to you because you’re either a troll or part of the problem.
Well, first pay is not stagnant. Wage growth is actually outpacing inflation now. I know that’s of little comfort to those who have fallen behind and need to catch up, or haven’t benefitted from the wage growth, but you are factually incorrect here.
And you see what I did there? I made a point and then backed it up with a source.
But more importantly, this isn’t my point. The original implicit claim is that people are pushing that the economy is fine and there are no problems, and then people followed that up by saying everyone is pushing that the economy is great, explicitly Biden saying so. I’ve not seen this, and you still haven’t provided anyone actually doing so.
The problem on your chart is the giant section where inflation peaked at 9% and wage growth was under 6%.
That means a pay cut of 3%, and while inflation is reduced NOW, that doesn’t mean prices are going DOWN, they are simply going up less fast than they were when inflation was 9%.
Yes, I understand this point. Which is why I explicitly said “I know that’s of little comfort to those who have fallen behind and need to catch up.” I know that your point is always what follows, which is why I preempted it.
Additionally, I was responding to a claim that wages have stagnated. This is not true, as my link shows, even if we are more strictly talking about inflation adjusted wages. So the link doesn’t have a “problem.”
That article and you are full of shit. I don’t care how many “jobs” you create if they all pay shit wages it means nothing.
You can site all the fucking sources you want I live in reality and here in Oklahoma one cheapest states to live in people are struggling to pay rent and buy food. So fuck off with her neoliberal bull shit.
Again, this all stems from me asking for someone to back up the claim that Biden is saying the economy is perfectly fine and there are no issues.
You brought up an unrelated claim, and are now attacking me personally for pointing out that the numbers don’t back up your claim, by using your extremely limited anecdotal experience as proof.
This is some real bizzaro world shit right here.
By the way here a source https://www.theguardian.com/inequality/2024/jan/15/worlds-five-richest-men-double-their-money-as-poorest-get-poorer
I’m sure you will ignore it and keep telling us how great the economy is doing and how us poors and working class just don’t understand that the rich getting richer and corporations making more money that it is really all good for us too.
First, Biden’s name doesn’t even show up in that article. So I’m not sure why it’s being provided as evidence that Biden is saying everything is perfect.
Second, it’s an article talking about the gap between the rich and the poor growing. . .and quoting plenty of people saying how this is bad and how taxing the wealthy for this money would be beneficial (both things I agree with BTW). And this is being used as evidence of the media saying everything is good? It’s proving the exact opposite.
At what point did I say the economy was great? Are you sure you’re talking to the right person?
Bro, I’m working class too. lol I’m not sure where you’re getting all of this. The fact that I don’t think everything is miserable, like you, doesn’t mean I think everything is perfect and honky dory. Please consider that a bit more nuance than that can exist.
deleted by creator
Your claims come from mainstream media. You must be rich fuck because is working class dont see this great economy you speak of. Also every article I read and from fucking experience tells me your full of shit.
Go take yourself back to bootlicking but data just released showing we grew a bunch of new billionaires proves the economy is fucked for everyone but the 1%.
Also the fact that this very article points to a problem and you ignore it. Done talking to you because you’re either a troll or part of the problem.
And you know where yours come from? Your feelings. Sorry if I find the MSM more reliable than your baseless claims.
What do you think I ignored?
Removed by mod
Removed, civility.