The Biden Administration’s robust and durable track record on jobs and unemployment is breaking records, putting up some of the best results we’ve seen in half a century.
The Biden Administration’s robust and durable track record on jobs and unemployment is breaking records, putting up some of the best results we’ve seen in half a century.
Because jobs numbers are meaningless stats to reflect the state of the economy. Doesn’t matter if unemployment is at 0% if wages are stagnant and a person can’t live off it
If wages are stagnant and unemployment is 0%, there are much more serious atrocities going on.
Yes, there are
Wages aren’t stagnant
They have no idea what they’re talking about.
People still can’t live off them, they are stagnant.
People can’t live off what they’re making because corporations are cranking up the prices for record profits and blaming inflation. Food is one of the biggest offenders, and then thanks to all the corporations buying up all the single family homes, it’s driving rent through the roof with no chance for the average person to buy a house. It doesn’t matter how much you make when the rich just raise the bar for no other reason than greed.
Wages are not stagnant, around here 5 years ago it paid 8 bucks an hour to work at a fast food restaurant, now they start at 15. I make three times as much as I did 4 years ago doing the same thing I was doing. It might be a you problem if you think wages are stagnant, or you’re just a mouthpiece for fox “news”
It doesnt matter what it was 5 years ago, or what it is now. Its still not a livable wage. $15hr was the right number 20 years ago, not last week.
That’s not what that word means.
Stagnant refers to something that is not moving, moving slowly, declining. Which perfectly describes wages.
Wages are neither still nor declining. They are increasing.
If they’re not increasing at an equal or greater rate than inflation then they’re not really increasing.
Real wages are increasing, and real wages are adjusted for inflation.
Until people can live in those wages it’s irrelevant.
Wage increases are relevant to almost everyone.
In fact, if a wage increase is not relevant to you then you are quite privileged.
Privileged is settling for table scraps and calling it good.
Source? fox “news” doesn’t count though.