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[-] ElleChaise@kbin.social 13 points 10 months ago

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

[-] Diotima@kbin.social 13 points 10 months ago

Hmm , in 2020 the interest rates for buying a house was around 3.1%, now it's around 6.8%. When we're pricing people out of the ability to afford housing (interest rates going up affects rent prices too, who knew) people will be rather upset... especially given that they see little to no benefit from this "good economy" given the layoffs in certain sectors, the gas prices being over 9000, and not one, but two wars abroad where at least one of the parties in each is perfectly fine targeting civilians.

But hey, at least Google and Amazon are raking in the profits, I guess.

[-] PP_BOY_@lemmy.world 12 points 10 months ago

Okay but did you read that the economy is doing good? Try reading it again.

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[-] unreasonabro@lemmy.world 12 points 10 months ago* (last edited 10 months ago)

I don't know, Joe, maybe it's just that the world we've made here just fundamentally isn't worth participating in? or even living in, for that matter. #beammeupscotty

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[-] moitoi@feddit.de 12 points 10 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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[-] dhork@lemmy.world 12 points 10 months ago

It's at least a start, that he's asking questions to try and figure it out, isn't it?

[-] BruceTwarzen@kbin.social 12 points 10 months ago

Too bad he doesn't speak poor

[-] dhork@lemmy.world 8 points 10 months ago

Out of the three candidates left, though, he has the best shot of figuring it out.

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[-] Deceptichum@kbin.social 6 points 10 months ago* (last edited 10 months ago)

It’s theatre.

You think this fucker doesn’t have access to every economist and social worker to answer this for him? And what, not one of the people he’s asked has been able to give him the answer when he’s asked them?

The only way he cannot know, is that he chooses not to know.

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[-] go_go_gadget@lemmy.world 6 points 10 months ago

"it's a start" dude has been in office for four years. That's pathetic.

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

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

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

[-] IHeartBadCode@kbin.social 11 points 10 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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[-] UncleGrandPa@lemmy.world 11 points 10 months ago

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

[-] ReallyKinda@kbin.social 11 points 10 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

[-] Coreidan@lemmy.world 9 points 10 months ago* (last edited 10 months ago)

The US economy is doing well for rich people.

FTFY

What a senile old pos classist fuckface.

[-] pinkdrunkenelephants@lemmy.cafe 9 points 10 months ago

Shit like this is why Trump is going to win. Enjoy the peace while it lasts

[-] doingless@lemmy.world 9 points 10 months ago

Peace? Have you looked around?

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[-] Pizza_Rat@lemmy.world 9 points 10 months ago

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

[-] Semi-Hemi-Demigod@kbin.social 8 points 10 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.

[-] forrgott@lemm.ee 8 points 10 months ago* (last edited 10 months ago)

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

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

[-] Hairyblue@kbin.social 6 points 10 months ago

Some companies raised prices and made greedy money. And those companies don't want to lower the prices back.

Shameful.

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this post was submitted on 06 Feb 2024
306 points (90.5% liked)

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