Most Americans have experienced real wage growth in the past couple of years, accounting for price inflation: https://www.americanprogress.org/article/workers-paychecks-are-growing-more-quickly-than-prices/
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@koavf I know. It's just that prices are still bad, and wages are still bad, and for millions of us, the supposed benefits outlined in that article do not appear to exist.
@AskTheDevil But to what extent is that actually true and to what extent is that a perception that is encouraged by right-wing nihilists hoping to harm America? The facts are that 1.) presidents can only do so much to impact an economy (especially positively: they can really wreck things, but are constrained in how much they can build up an entire economy) and 2.) the American economy is _much_ stronger than virtually anywhere, including Europe or East Asia.
@koavf I don't listen to right-wing nihilists, so it's probably not that.
It's because I can see the bills, and the rent, and the housing prices, and the grocery prices, and the wages, when I look them up and speak to the people in my rather considerable tribe. I know from comparison shopping, and from looking at locations in other areas of the country on the same shopping sites. I know it from contacts that still work in the industry.
Nobody is doing better that I know.
@koavf If there's someone who isn't rich getting better off, I'm not seeing that. And if you need a magnifying lense and an economist to explain how it's actually better, it's just hard to see, then it's certainly not "better" enough to crow about, now is it?
We're already voting for Biden and against Trump. We don't need to pretend he's fixing the economy. He's not.
I worry if people keep pretending things are better, they won't try to make them better.
“And if you need a magnifying lense and an economist to explain how it's actually better, it's just hard to see, then it's certainly not "better" enough to crow about, now is it?”
It is better. You are just looking at your lot and saying that applies to everyone. We live on a (used to be fixed — thanks Biden) income.
Whether YOU see it, things are better. 7-8% inflation is healthy. 3% inflation is not.
There is no “pretending,” things are objectively better.
@feloneouscat @koavf But the prices being high hasn't been from inflation, it has been from price-gouging, and the prices are still high.
If prices were lower, our groceries would not be a higher percentage of my income every month. Our bills would not be going up while our ability to pay them does not keep up. Our rent would not be this high.
More people working at jobs that don't pay them a living wage, instead of not having jobs at all doesn't mean we're doing well.
It means we're beaten.