• EatATaco@lemm.ee
    link
    fedilink
    English
    arrow-up
    9
    arrow-down
    1
    ·
    1 month ago

    Nothing in your quote says if you can’t afford a home is just “vibration.”

    What he said is accurate: wage growth has been out pacing inflation, especially among low wage workers, and unemployment is low. We’ve got a lot of catching up to do because of inflation over the past few years, but what you quote barely resembles what he has been saying.

      • EatATaco@lemm.ee
        link
        fedilink
        English
        arrow-up
        2
        arrow-down
        2
        ·
        1 month ago

        Over the past few years my wife switched jobs and works fully remote, making about the same amount of money. I got a 30% raise by switching jobs, and it has way better perks. My investments have gone crazy. I noticed things are more expensive, but day to say it hasn’t been much of a concern at all. Financially speaking , it’s been arguably the best few years of our life.

        The difference between me and these people who “do basic math” is that I’m smart enough to realize that my personal experience is not the economy.

          • EatATaco@lemm.ee
            link
            fedilink
            English
            arrow-up
            2
            arrow-down
            1
            ·
            1 month ago

            Wage growth has been outpacing inflation for a while now. And this is what Bidens pointing out: we’re going in the right direction. As I said, we have a lot of work to do, I realize that people are struggling.

            But if people are like “in struggling so the economy is shit” well, then, I stand by my point that they are confusing their personal experience with the economy as a whole…

              • EatATaco@lemm.ee
                link
                fedilink
                English
                arrow-up
                1
                arrow-down
                1
                ·
                1 month ago

                The economy cant get to somewhere better without going in the right direction. Right now it’s doing that, and that’s what Biden has been saying. As I said, and he has said, we have along way to go. By no stretch am I, or anyone really I’ve seen, saying anything is close to perfect.

                I’m not dancing around the core point, it’s just that you can’t see past your own nose.