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The U.S. economy is booming. So why are tech companies laying off workers?
(www.washingtonpost.com)
this post was submitted on 04 Feb 2024
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Data can absolutely be misleading. Liars, damn liars, and statisticians, as they say. And trying to produce one number that somehow represents everyone will never work, whatever economists want to think.
The fact is many of the super-poor are doing better because government benefits like social security are indexed to inflation, meaning they are actually keeping up.
Personally, my real earnings are down over $10,000 a year. My whole industry has stagnant wages. Don’t piss on me and tell me it’s raining.
At this point there are more people trying to reject data based arguments with that cliche than there are people making bogus cases according to it.
Well it's a good thing no one is attempting that?
You're an outlier. Understand that you're not the center of the universe, please.
Oh, what do you call a statement like "The US economy is booming?"
Are you going to tell me I am the only one struggling and not seeing wage gains? Do you want to tell me my experience does not matter?
Do you just not understand the concept of other people existing?
Yes. You apparently do not. So long as some people do good, everyone else that is struggling can fuck themselves, it seems.
So unless a policy helps literally everyone, you're gonna say it's not good enough?
So as long as a policy helps some people, we don’t have to try and help more?
Who says we're not?
I see little policy effort besides what was already done. What proposed policies can you inform me of?
I don't really know how to address such a mind-bogglingly stupid comment. You see the policies that exist, but you refuse to believe that any new ones are being proposed?
I'm gonna bet a billion dollars that you have never actually looked for upcoming policies. And now, because you haven't seen them (because you haven't looked), you steadfastly believe they don't exist, and you demand I show them to you? What in the goddamn hell?
You take a room with 10 poor people in it. Joe Biden comes in and says to person #1, here's twenty thousand dollars. Hope that helps. Then he leaves. Then he comes back in and says to person #2, here is twenty thousand dollars. Hope that helps. Then he leaves. Then he comes back in and says to person #3, here is twenty thousand dollars. Hope that helps. Then he leaves. Then you, person #6, get all pissy because clearly he is gone forever and will never give you twenty thousand dollars.
You're like an infant.
I’ve looked. I’ve seen little. But you don’t seem to have looked, since you are so confident they exist but can’t name one. Instead you just call me names and resort to ad hominem attacks.
You seem to be under the impression I am supporting Trump or something. I despise him and every Republican.
But that doesn’t mean I’m not pissed when I see prices skyrocket while my pay only goes up 2% a year.
Well if you're dumb I'll call ya dumb.
Look, federal negotiations are usually kept quiet until a final deal is announced, but even some basic googling brings up a few examples of stuff that's in the pipeline:
Increased child tax credit
Eliminating "junk fees" at colleges
Removing the loophole that allows banks to charge overdraft fees
Requiring Medicare and Medicaid to respond to prior authorization requests within seven days
The Biden admin is constantly working towards a variety of legislative deals and policy changes that help all kinds of people.
I have and will have no children
I’ve been graduated from college for 18 years
I’ve never paid an overdraft fee in my life
I am 24 years from being Medicare eligible
I don’t think I’m that unique. Your below policies will help many, but also will not make a difference for many. Sorry I am not pleased being in a perpetual donut hole. Too poor to be comfortable, yet too “rich” to get help.
I mean, I didn't know any of that about you
Didn’t say you did.
I just want you to realize there are still a ton of us struggling, regardless of what the official numbers say. For a lot of us, or pay has not caught up with inflation, and there is no sign of it happening soon. Necessities continue to go up faster than inflation. I don’t care that TVs are cheaper, I don’t need a new tv, but I do need to eat.
It is more dangerous this November than people realize.
Now, I’ve upvoted some of your comments here but I’m gonna stop you on this one. Yeah, the economy should support literally everyone. Yeah, there should be change as long as there’s any poverty. It’s called having a floor and basic human dignity. Does every single policy have to be aimed at the worst off? No. But you came dangerously close here to saying that it doesn’t matter if only some people are suffering.
Well that's fucking dumb. The whole point of what I was saying is that this mythical "make everyone not poor" policy doesn't exist. Different groups require different solutions, and some are more politically tenable than others, and some have unintended effects that result in other groups being worse off.
Demanding every policy help everyone and saying it's useless if it doesn't is more stupid than I know how to put into words.
that's what we're trying to get you to do!
wat