Great Economy..

[bugs]

it really is.. Right?
Biden’s “booming economy” is just another front in the media’s war on reality
or Maybe Not?

 

[Moonglow]

I have seen and lived through worse.

 

[Harpy Eagle]

There is a job for everyone that wants one and then some. That is a key thing.

 

[bugs]

There is a job for everyone that wants one and then some. That is a key thing.

But, it has to pay enough..

 

[Harpy Eagle]

But, it has to pay enough..

That is helpful as well. The tighter the labor market, the more wages will go up as employers fight for employees.

 

[SassyIrishLass]

More than a couple of big banks see a recession on the horizon

 

[JGalt]

There is a job for everyone that wants one and then some. That is a key thing.

A low-wage job, thanks to 8% inflation.

 

[Harpy Eagle]

wage growth is moving along nicely.

 

[Harpy Eagle]

More than a couple of big banks see a recession on the horizon

We are long past due for one. Not counting the blip during COVID we have not had one since 2008/09.

 

[bugs]

We are long past due for one. Not counting the blip during COVID we have not had one since 2008/09.

WAY past due..

 

[bugs]

Jobless claims match 54-year low of 166,000 in another sign of sizzling U.S. labor market

New U.S. jobless claims matched a 54-year low of 166,000 in mid-April --- the second lowest reading in history --- during a period of remarkably strong...

www.marketwatch.com

is $15 an Hour a Good wage?

 

[bugs]

Jobless claims match 54-year low of 166,000 in another sign of sizzling U.S. labor market

New U.S. jobless claims matched a 54-year low of 166,000 in mid-April --- the second lowest reading in history --- during a period of remarkably strong...

www.marketwatch.com

is $15 an Hour a Good wage?

How about $15.50???

 

[Fang]

I have seen and lived through worse.

You were born in 1920?

 

[Moonglow]

You were born in 1920?

No, were you?

 

[Fang]

No, were you?

Yes. Including 1929 I have not seen worse than Biden’s economy.

 

[Moonglow]

Yes. Including 1929 I have not seen worse than Biden’s economy.

Congrats on being over one hundred years old.

 

[Toddsterpatriot]

wage growth is moving along nicely.

View attachment 627031

Now subtract 8% for inflation.

 

[Harpy Eagle]

Now subtract 8% for inflation.

Is it better to have wage growth with inflation or inflation with no wage growth?

 

[bugs]

Yes. Including 1929 I have not seen worse than Biden’s economy.

LOL,,

 

[Toddsterpatriot]

Is it better to have wage growth with inflation or inflation with no wage growth?

It is better to have real wage growth.
What is the current inflation adjusted growth in wages?