The US is far richer than a lot of the higher ranked countries. Furthermore, it’s the best performing country out of the pandemic. Can’t be the reason for the drop
Wages are the highest they’ve ever been and cost of living is the highest it’s ever been. Purchasing power is down. It’s a simple economic rule. Look up Biden inflation rule 34 to learn more.
I’m glad you have insight into my level of happiness and its cause. I’ll correct myself the next time I think about how inflation is keeping me down. WRONG ANSWER, WALLET!
Edit: To be more clear, I’m reasonably well-off and still terrified that I’ll die in a financial crisis. Our system sucks.
The US is far richer than a lot of the higher ranked countries. Furthermore, it’s the best performing country out of the pandemic. Can’t be the reason for the drop
I’m so glad that big corporations are making record profits. It’ll trickle down any day now! /s
Company: brb gotta do a layoff!
Wages during the Biden presidency are the highest ever, even accounting for inflation
Wages are the highest they’ve ever been and cost of living is the highest it’s ever been. Purchasing power is down. It’s a simple economic rule. Look up Biden inflation rule 34 to learn more.
https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households
purchasing power is UP, don’t believe right wing doomer propaganda, it’s not backed by data
I’m glad you have insight into my level of happiness and its cause. I’ll correct myself the next time I think about how inflation is keeping me down. WRONG ANSWER, WALLET!
Edit: To be more clear, I’m reasonably well-off and still terrified that I’ll die in a financial crisis. Our system sucks.
That’s the issue, people are better off than they were under Trump, but social media made us all worried
A tiny percentage of Americans hold the majority of that wealth. The average American is not wealthy.