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My wages have not gone up and the prices i pay are still going up.
The DOW is a misery index. A measure of how much wealth can be extracted from the working class and reappropriated to the wealthy.
What does DOW stand for?
https://en.m.wikipedia.org/wiki/Dow_Jones_Industrial_Average
Ya but they fired one full time worker and replaced them with three part time workers! Progress!
All hail the job creators!
"fool! If you knew economics better you'd understand that your buying power is the wrongest metric. Look at the stonks you uncultured swine!"
-a super smart economist, probably
I had someone try to tell me that the economy is better than ever, people are more rich than ever, and my "personal anecdotal evidence" can be completely dismissed.
It's no longer "personal anecdotal evidence" when 150,000,000 people are experiencing the same thing just in my own country.
How does this garbage have any upvotes?
Mine and my wife’s have, it’s all anecdata, but we’re doing better than before.
Min wage not increasing and prices increasing isnt anecdotal
At least where I am, no one makes minimum wage. Fast food and retail jobs are $17+/hr.
Minimum wage is irrelevant if the prevailing wages are higher. It seems like monthly we're hearing that a union has signed a new record breaking pay agreement.
That is not anecdotal - pay is going up: https://www.bls.gov/news.release/empsit.t19.htm https://tradingeconomics.com/united-states/wages