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What you are describing is the alternate reality of the Dem / Marxist universe.What you are describing is higher wages for workers
Something that enrages Conservatives
Yet the trade off has been a very low UE and strong consumer spending.What you are describing is the alternate reality of the Dem / Marxist universe.
Fiscal State of the Union: Biden's Real-Wage Decline | The U.S. House Committee on the Budget - House Budget Committee
The Official U.S. Congressional website of The Republican Budget Committeebudget.house.gov
Since President Biden took office in January 2021, the increase in prices due to inflation is over 14%, resulting in a loss in real wages of nearly 4%.
The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.Yet the trade off has been a very low UE and strong consumer spending.
The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.
Oh, and the expectations are that the fed will push rates higher.
"But... but... but... but what about..."How did people ever survive the 70s and 80s and 90s when rates were this high and much higher?
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Not to worry. Sloppy Joe and the Dems / Marxists have it covered. They will find more ways to spend your money, drive up deficits and cripple economic growth.Yet the trade off has been a very low UE and strong consumer spending.
"But... but... but... but what about..."
Typically pointless babble.
Facts tend to confuse the Dems / Marxists.Context can be important when snowflakes like you are melting.
Perhaps you are just a child and were not an adult in the 70s to the 90s.
Facts tend to confuse the Dems / Marxists.
The other good news is that consumers are crushed with credit card interest rates, interest rates for car loans, mortgages and other large purchases making them unobtainable.
Oh, and the expectations are that the fed will push rates higher.
I guess you missed the successes of the Trump job market.Not if they are paying on time.
And they continue to have jobs to make the payments, unlike Trump's last year.
Didn't miss it. The failures of Biden politburo were epic.... you missed that his mishandling of the Covid pandemic destroyed what the market built.
Didn't miss it. The failures of Biden politburo were epic.
I guess you missed the successes of the Trump job market.
You didn't know that Sloppy Joe was the Failure in Charge during much of the Wuhan virus?Biden was a private citizen when COVID hit.
Do at least try to keep up.
You didn't know that Sloppy Joe was the Failure in Charge during much of the Wuhan virus?
You're so far behind, you will never catch up.
Who was president before the Wuhan virus?It was a good jobs market, till 2020. Almost as good as the current one.
Average jobs added per month...
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Glad to help out the helpless Dems / Marxists. The Biden failures were epic and those failures continue.Joe was in charge in 2020? Damn, who knew! Thanks for letting us know
Who was president before the Wuhan virus?
