The US economy is doing well. President Biden wants to know why so many Americans are still feeling bad | CNN Politics
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By many metrics, the US economy is humming along. The jobs market is robust; consumers are spending again; and inflation has eased to a three-year low.
  • FlowVoid@lemmy.worldEnglish
    01·
    1 year ago

    The solution to all those problems involves increasing real wages. Which is what has happened for the last year, especially for the lowest quintile.

      • FlowVoid@lemmy.worldEnglish
        01·
        1 year ago

        Increasing real wages is always better than decreasing real wages. Which is what was happening before Biden.

        • Semi-Hemi-Demigod@kbin.social
          0·
          1 year ago

          Yeah, if only people looked at the statistics and ignored the rumbling in their stomachs. Public policy folks have it so hard.

          • FlowVoid@lemmy.worldEnglish
            01·
            1 year ago

            For most people, the rumbling was even worse before Biden. That’s the part you try so hard to ignore.

            • Semi-Hemi-Demigod@kbin.social
              0·
              1 year ago

              I’m not doubting the statistics show that.

              But people’s stomachs are still rumbling, and they’re not going to be silenced by statistics.

              • FlowVoid@lemmy.worldEnglish
                01·
                1 year ago

                No, but the only way to silence them is to do more of what Biden has already done.

                • Diotima@kbin.social
                  0·
                  1 year ago

                  Allow the housing interest rate to more than double? I don’t need any more of that thanks.