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[-] EatATaco@lemm.ee 8 points 2 months 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.

[-] sunzu2@thebrainbin.org -3 points 2 months ago

The people did not accept this shite as they can do basic math on money they got left after they pay rent and food. This aint rocket science and no amount of propaganda can fix this basic mathematical issue.

[-] EatATaco@lemm.ee 0 points 2 months 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.

[-] sunzu2@thebrainbin.org -3 points 2 months ago

Thank you for the services dear:

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.

I am happy for you but we are talking national statistics, mainly incomes and core expenses for the population not a trust me bro :)

[-] EatATaco@lemm.ee 1 points 2 months 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...

[-] sunzu2@thebrainbin.org -1 points 2 months ago

you are still dancing around core issues here tbh. for example, median income does not buy median house. this ratio exposes that younger people are locked of housing market. this has nothing to do with "I am struggling so the economy is shit" this is just house math works.

what about, i have a decent job but anything within 30 minutes is unaffordable, i have to live 50 minutes and rent is still 50% of take home.

i can go on...

[-] EatATaco@lemm.ee 0 points 2 months 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.

[-] sunzu2@thebrainbin.org -1 points 2 months ago

it's just that you can't see past your own nose.

Yes🤡

[-] EatATaco@lemm.ee 0 points 2 months ago

I should have seen this level of discussion coming.

this post was submitted on 20 Aug 2024
226 points (95.9% liked)

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