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this post was submitted on 20 Dec 2023
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Political Memes
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"The Economy" = The Stock Market. Nothing else, no other metric.
There are 2 jobs for every person, providing wage pressure on employers, and offering more choice in work people can do.
Some people are struggling, yes, and we should do things about that.
But it's way better to be struggling when you have options than when you do not. I was poor in 2008, and it's no fucking comparison at all.
The economy's health directly impacts people of every income level
You only have the illusion of choice, as evidenced by the "booming economy" which just actually means being extra effective at funneling all economic output straight to the top.
This doesn't match the reality of the number of job moves and open positions.
Open positions =/= open positions that pay a livable wage.
Except having more open positions than people directly translates into higher wages, so even this broad nothing of a statement is still incorrect.
Unless the "open positions" are only open on paper, and the company has no real desire to fill them...
They're not. That's a fiction. A meme-tier fiction at that.
Yes, unfortunately it is often the case that the same person is working those two jobs out of necessity.
That is not how open positions work.
Or GDP, which also just says how much money a company is making but has the added bonus of making people proud of their country to where they don’t think any harder about it.