Where are you even getting that from? Economics isn’t a matter of opinion. Wages are, in fact, up, and inflation has been easing. This isn’t about fascism or race. This has been an across the board trend since 2021. Things are far from perfect, but they are improving.
Wages are going up relative to inflation. That’s literal growth and progress. No one is arguing that people aren’t struggling. Has there ever been a time in US history when people weren’t?
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.
Where are you even getting that from? Economics isn’t a matter of opinion. Wages are, in fact, up, and inflation has been easing. This isn’t about fascism or race. This has been an across the board trend since 2021. Things are far from perfect, but they are improving.
Going from an unlivable wage to another slightly higher unlivable wage is not progress.
Wages are going up relative to inflation. That’s literal growth and progress. No one is arguing that people aren’t struggling. Has there ever been a time in US history when people weren’t?
Inflation still outpaced wages
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.