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submitted 4 months ago by Beaver@lemmy.ca to c/politics@lemmy.world
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[-] anticolonialist@lemmy.world 5 points 4 months ago

Wages are, in fact, up

Going from an unlivable wage to another slightly higher unlivable wage is not progress.

[-] EnderWiggin@lemmy.world 3 points 4 months ago* (last edited 4 months ago)

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?

[-] anticolonialist@lemmy.world 4 points 4 months ago

Inflation still outpaced wages

[-] EnderWiggin@lemmy.world 1 points 4 months ago* (last edited 4 months ago)
[-] anticolonialist@lemmy.world 4 points 4 months ago

Bought to us by the same people telling us we are doing fine

[-] EnderWiggin@lemmy.world 1 points 4 months ago

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.

[-] laverabe@lemmy.world 1 points 4 months ago

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.

this post was submitted on 13 Jul 2024
399 points (100.0% liked)

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