don't let your pessimism or urge to dunk on will let you overlook that he's right here, he is very right. the job market IS really strong, and wages ARE up.
The thing you can dunk on him for is that those wages, depending on sector, go about half or 60% as far as they did 4 years ago.
The thing here, is that is a FIXABLE PROBLEM. Price ceilings for groceries, as well as nationwide rent control would solve this, and doing that is, in theory, easier than bolstering the labor market.
will. buddy. i am begging you to look at one single graph of rent prices from 2020 to today. I'm not trying to hate on you. the job market is great and that's a win, but those gains are being gobbled by corporate greed. it's like saying it's 30 degrees out when, with wind chill, it feels like -12.
Note the Census data latest is 2022.
2023 most likely reversed the falls. And are up overall modestly in 2023 (like 1.5%)
www.axios.com/2023/09/12/r...
I know you’ve probably already heard this from the people near you who are smarter than you.
But that’s why we are using real wages (and actual data rather than pick you own number out of a Google hat).
Like. I get that you people haven’t been educated well and I am truly sorry for that. It seems to be hurting us all. But since you admit ignorance of economics and (presumably) econometrics, you really ought to exercise a great deal of humility.
a cool thing that you have done here is try to explain to me, someone who has been arguing in good faith about why people feel the way they do, first why i should be happy despite financial struggles, and then called me dumb.
Again, like I said elsewhere, economists (people smarter than me) have criticized OER, the housing cost calculation that goes into inflation stats and therefore real wage calculations, for being too slow to reflect market trends.
Good faith!?!?!?
You invent numbers and decry reality and talk about good faith? Sure.
Ive not chosen to insult people’s intelligence by lying to them.
I never said you should be happy. That’s an imaginary conversation you’ve chose to have by yourself.
I didn’t even give a conclusion.
i didn't invent any numbers!!!!!! what are you talking about? I'm not trying to lie! I'm trying to get you to understand why people feel insulted when you say they have it better than ever before despite the fact that more folks than ever would have their entire savings wiped by a medical emergency!
finishing comments with peppy exclamation points and <3s doesn't make your argument in good faith, the content does. and as a neutral observer, I gotta say, the content *is* pretty dumb
