this post was submitted on 18 Mar 2024
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[–] Cryophilia 3 points 3 months ago* (last edited 3 months ago) (2 children)

Biden’s advisors keep telling him the economy is great, the problem is messaging

That's literally fucking true though, all the data proves it, surveys even show that individuals consider their own circumstances to be better than in previous years but they assume they're the exception and that the economy is shit.

No wonder he's frustrated.

the economy is only good on paper

The economy is literally just paper.

[–] [email protected] 9 points 3 months ago (1 children)

The economy is literally just paper.

People's ability to buy bread is not just a paper problem. Prices have gone up across the board, out of step with earnings, housing is beyond unaffordable to the point that multiple generations are having to accept that they will never own a home. Student debt has been through the roof for years, and now credit card debt is soaring.This economy is not even close to healthy for the median American.

[–] Cryophilia 5 points 3 months ago

All of that is quantifiable on paper.

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

Really all the data proves it? What is the relationship between minimum wage and average rental cost now and four years ago?

[–] Cryophilia -1 points 3 months ago (1 children)
[–] afraid_of_zombies 1 points 3 months ago (1 children)

I asked about minimum wage not about cherry picked stats.

[–] Cryophilia 0 points 3 months ago (1 children)

Asking specifically about minimum wage and only about minimum wage is cherry picking stats.

[–] afraid_of_zombies 0 points 3 months ago

Tell me that you never had to pay rent on minimum wage without telling me.