Average is a terrible statistical metric for wages. It means nothing other than the rich are getting richer. Median is a more accurate representation of what most people earn.
From Jan 2017-2021, median wages increased 6% ($352 a week to $373), whereas Jan 2021-today wages have decreased 2% ($373 to $365). ^ Add that to rising costs of food and housing and economically, by the numbers, Biden is not doing great on the economy.
I don’t think this is necessarily a bad thing long term for the country, but it is bad politically in the short term for democracy with an election in 4 months that will determine whether we retain a democracy or shift to a fascist system of government.
There is no response you will accept. Whatever I write, you will just continue to hand wave away, no matter how explicit the evidence. I give up. Live in whatever fictional reality you want. I’m done reasoning with you.
https://www.epi.org/blog/average-wages-have-surpassed-inflation-for-12-straight-months/#:~:text=Average hourly wage growth has,improve their standard of living.
This is exhausting. Be better, Lemmy.
Average is a terrible statistical metric for wages. It means nothing other than the rich are getting richer. Median is a more accurate representation of what most people earn.
From Jan 2017-2021, median wages increased 6% ($352 a week to $373), whereas Jan 2021-today wages have decreased 2% ($373 to $365). ^ Add that to rising costs of food and housing and economically, by the numbers, Biden is not doing great on the economy.
I don’t think this is necessarily a bad thing long term for the country, but it is bad politically in the short term for democracy with an election in 4 months that will determine whether we retain a democracy or shift to a fascist system of government.
Bought to us by the same people telling us we are doing fine
There is no response you will accept. Whatever I write, you will just continue to hand wave away, no matter how explicit the evidence. I give up. Live in whatever fictional reality you want. I’m done reasoning with you.