this post was submitted on 23 May 2024
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Economics

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[–] givesomefucks 3 points 7 months ago (1 children)

If they weren’t, I trust you’d complain about that too?

...

Yes...

If things were even worse, I wouldn't stop complaining.

Not sure why you needed to ask that, but happy to clarify.

I also go to sleep every night, but if I was especially tired, I'd still go to bed.

[–] fukhueson 0 points 7 months ago (1 children)

Got it, hope the first part of my comment clarified things for you too.

[–] givesomefucks 0 points 7 months ago (1 children)

...

Yes.

It is also true that wages going up is a good thing even though proportionally that money has less value than it used to.

If you need $1,000 to make rent, and someone gives you $1...

You're better off than if you didn't get that $1.

But if the person who gave you that dollar than starts running around telling everyone how much he helped you by giving you 0.1% of what you need...

Your opinion of that person is going to be less than if they never gave you that dollar.

And chances are if others bring the subject up, you might mention how that didn't really help and you're not sure why people are acting like it makes an actual difference.

Especially in cases like this where the gain in wages is outpaced by inflation...

Anything else you need cleared up?

[–] fukhueson 0 points 7 months ago* (last edited 7 months ago) (1 children)

Perhaps you didn't understand what "real wage gains" means? Because that doesn't track based on the article.

Additionally, I'd be better off owing 999 than 1000, objectively.

[–] givesomefucks 0 points 7 months ago (1 children)

I'm sorry. I thought you were legitimately asking for help and not "just asking questions" trying to have a debate.

I have no interest in getting into an argument or what you feel is a "debate". I was just trying to help you understand some things you said you didn't understand.

I just feel like that behavior is dishonest and won't lead to productive discussions.

[–] fukhueson 1 points 7 months ago

You:

Especially in cases like this where the gain in wages is outpaced by inflation…

The article:

Young high school graduates experienced 9.4% real (inflation-adjusted) wage growth between February 2020 and March 2024.

Yea, I hear ya.