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[-] ElleChaise@kbin.social 13 points 11 months ago

‘We got it back to the same as it ever was. Why are you upset?’. smh

[-] TengoDosVacas@lemmy.world 12 points 11 months ago

Aside from economic issues, I dislike him because he won't declare the GOP a Clear And Present Danger and obvious terrorist threat because he has republican friends and he wants to reach across the aisle and work together with the opposition party in a bipartisan spirit of aloha because we're Americans and at the end of the day that's all the really matters

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[-] PancakeBrock@lemmy.zip 12 points 11 months ago

My spending on groceries has almost doubled. I went from being ok to barely making it. It's great.

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[-] UncleGrandPa@lemmy.world 12 points 11 months ago

So why do i know so many people that don't have enough? I didn't used to

[-] snownyte@kbin.social 12 points 11 months ago

The Economy is doing well...for the rich.

It's not doing well for everyone else, you old baffoon.

[-] moitoi@feddit.de 12 points 11 months ago

Economy isn't everything. People need more like believing in the future, a sense of community, etc. A lot of things incompatible with neoliberalism that the dems embraced in the 80s.

This push them in the arms of the extrem right. Don't take me wrong. Extrem right isn't better, it's worse. But they are the last untried thing and extrem right as a rhetoric that hide the reality.

The dems have to change in deep to address the real issues like inequality, housing, belonging to a group, etc. It's placing the human in the center.

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[-] IHeartBadCode@kbin.social 11 points 11 months ago

Disinflation is different than deflation. Prices aren’t changing, that’s good. Prices changed to be bad and aren’t changing, that’s bad.

Now, while I don’t think we want deflation amok, because that’s insanely bad for everyone, what I think we can all agree with is wages need to go up or there needs to be some price control the likes this country hasn’t seen before.

That’s the problem with the economy. This new normal isn’t comfortable. While we’re finally solidifying what this new normally is and volatility is going down, what we’re settling on isn’t good. And pretending that eventually wages will come to match, that’s not realistic. Playing the waiting game is going to wreck a lot of jobs.

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[-] ReallyKinda@kbin.social 10 points 11 months ago

“$1 in 2018 is equivalent in purchasing power to about $1.22 today, an increase of $0.22 over 6 years. The dollar had an average inflation rate of 3.38% per year between 2018 and today, producing a cumulative price increase of 22.10%.”- in2013dollars.com

Most of us didn’t get 22% raises over the pandemic and rent, electricity, and grocery prices went up, Joe

[-] Pizza_Rat@lemmy.world 10 points 11 months ago

President feigns ignorance of basic domestic economics to appear sympathetic going into an election cycle

[-] forrgott@lemm.ee 8 points 11 months ago* (last edited 11 months ago)

"Your corporate masters are happy, why aren't you slaves smiling?"

Well, I don't know. What a mystery!?

[-] ohlaph@lemmy.world 7 points 11 months ago* (last edited 11 months ago)
[-] Brokkr@lemmy.world 10 points 11 months ago

The economy isn't measured based on the stock market. The closest factor might be GDP, but that isn't the only number that is used anyways.

[-] blargerer@kbin.social 7 points 11 months ago

By basically all metrics, the US economy is moving in the right direction. Its just in a really big pit on some of them.

[-] excitingburp@lemmy.world 6 points 11 months ago

Greedflation, but he has already commented on being concerned about it.

[-] Semi-Hemi-Demigod@kbin.social 6 points 11 months ago

Because we've had about 90 years of decline in the power of labor, and everyone knows they're being exploited all the time and there's no way to get ahead if you don't already have money.

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this post was submitted on 06 Feb 2024
332 points (100.0% liked)

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