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Wiz Imp

(2,636 posts)

38. And a lot of people are doing less well with cost of living increases.

Wed Nov 27, 2024, 02:23 PM

Nov 27

Oh, you mean like that large group of Republicans (at least 20%, maybe more) who suddenly and miraculously changed their tune about their financial situation the day after the election? Here's a clue: they were lying when they said they were worse off. The same thing happened after the election in 2106. As soon as the election was over, Republicans opinions of the economy suddenly switched from bad to good. I wonder why? Republicans are brainwashed to automatically think the economy is terrible any time the President is a Democrat, and immediately becomes great again the moment a Republican gets elected.

Wages have risen more over the past 4 years than inflation.

https://www.nbcnews.com/business/economy/inflation-higher-biden-rising-pay-makes-rcna158569

The Summary
- Inflation has risen quickly over the past few years — but wages have been rising slightly faster.
- Lower-income workers have seen even bigger boosts to their purchasing power thanks to earnings that have outpaced the average.

Since February 2020, the Consumer Price Index has climbed a cumulative 20.8%, according to Bureau of Labor Statistics data. Over that same period, average hourly earnings rose 22.3%.

The chart below shows the result: Inflation-adjusted hourly earnings (the yellow line) have increased 1.5% since December 2019, indicating a net gain for workers' average spending power.

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travelingthrulife

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turns out those fucking egg liars really *could* afford a dozen fucking eggs [View all] orleans Nov 27 OP

It was never about eggs. It was about racism, sexism, hatred and revenge. Irish_Dem Nov 27 #1

and misogyny nt orleans Nov 27 #13

General anger at the last 40 years of selective tax cuts IbogaProject Nov 27 #16

Let the country burn to cinders just so an uppity Black woman LEARNS HER LESSON... Montauk6 Nov 27 #17

Yup. Initech Nov 27 #22

Just because you can afford eggs at a higher price jimfields33 Nov 27 #2

What did Joe Biden have to do with the price of eggs? yardwork Nov 27 #4

Nothing. But voters don't care. jimfields33 Nov 27 #5

Agreed. And I'm hearing a lot of sanewashing and both-sides framing. yardwork Nov 27 #7

Better question Rebl2 Nov 27 #48

The early 30-something I work with has been led to believe that she and her partner who clear about $250k, per year Basso8vb Nov 27 #3

Depending on bills, it could feel that way to them. jimfields33 Nov 27 #6

I've lived in and around NYC all my life. Scrivener7 Nov 27 #10

Defending and making excuses for their fickleness Keepthesoulalive Nov 27 #11

No, she literally thinks she's "poor" Basso8vb Nov 27 #33

When you say they clear $250,000 a year, is that gross income or net income? Wiz Imp Nov 27 #36

All I Rebl2 Nov 27 #49

It wasn't about the economy in '17 when the diner magats said it was. Scrivener7 Nov 27 #8

If only Biden had released the k55f5r Nov 27 #9

lol. thanks for the chuckle. nt orleans Nov 27 #14

Leggo my Eggo! MrWowWow Nov 27 #12

This is not new wryter2000 Nov 27 #15

Putin's govt nearly crashed over egg prices. He forgot to tell DoneOld or DoneOld forgot he was warned. . . . . nt Bernardo de La Paz Nov 27 #18

It never was about the price of eggs or gas LogDog75 Nov 27 #19

And this is why we lost Sympthsical Nov 27 #20

People are making the inference because then there's no blame EdmondDantes_ Nov 27 #24

The abject refusal to see people struggling Sympthsical Nov 27 #26

The vast change in food insecurity dpibel Nov 27 #43

A 28.5% increase in food insecurity is pretty effing big deal Sympthsical Nov 27 #61

I know that trick! dpibel Nov 27 #63

I think this explains some of the vote Just_Vote_Dem Nov 27 #64

100 per cent agree Celerity Nov 27 #45

I have asked this question and no one has answered it Keepthesoulalive Nov 27 #50

Yep! It's the same headline every year. MustBeTheBooz Nov 27 #32

And a lot of people are doing less well with cost of living increases. Wiz Imp Nov 27 #38

Thank you. Telling struggling people that they're not struggling ain't a winning strategy. TheProle Nov 27 #54

Um,... ProfessorGAC Nov 27 #56

A 1.9% increase over last year Sympthsical Nov 27 #62

I Suppose ProfessorGAC Nov 27 #65

What this stuff reminds me of Sympthsical Nov 27 #69

They spend $100k on luxury cars and trucks.. Initech Nov 27 #21

Who's "they" in your example? Sympthsical Nov 27 #28

really? you don't get the point of my post?? orleans Nov 27 #39

Unfortunately there's not a lot of empathy here lately Just_Vote_Dem Nov 27 #55

That was my thought too. How could they afford monster trucks at 45,000 and the gas and not afford eggs. debm55 Nov 27 #41

I still think the mainstream media was the #1 reason we lost mvd Nov 27 #23

I've seen several articles about wasted turkeys IronLionZion Nov 27 #25

For the last time.... Blue_Tires Nov 27 #27

of course it was. they said it was the economy. gee, i think that makes them LIARS orleans Nov 27 #40

Some people struggling with costs doesn't mean that others aren't doing well. TheKentuckian Nov 27 #29

This is true spinbaby Nov 27 #35

Yep, folks with broken hearts because they know they can"t even take care of their furbabies TheKentuckian Nov 27 #46

I still don't see how voting for Trump will help them in ANY way Skittles Nov 27 #52

I 1,000,000,000% agree with that and if you search I think that I have been consistent on that poimt TheKentuckian Nov 27 #58

I do know a lot of DUers are out of touch Skittles Nov 27 #60

Bless you for beiing a blessing. TheKentuckian Nov 27 #70

we would miss you here Skittles Nov 27 #71

I shop sales and bargains at my Union grocery wolfie001 Nov 27 #30

The rotisserie chickens are often less than the raw bird TheKentuckian Nov 27 #47

I think you agreed with me. Right? wolfie001 Nov 27 #51

No, not really. I think those of us that don't want to use up the food pantry TheKentuckian Nov 27 #59

Well best of luck wolfie001 Nov 28 #72

The DNC should run ads on Fox and RW media AdamGG Nov 27 #31

It wasn't Dem4life1234 Nov 27 #34

But 'muh aigs! tonekat Nov 27 #37

Misleading Cirsium Nov 27 #42

Any time Democrats are in office they claim the economy is in shambles. travelingthrulife Nov 27 #44

To anyone who ate out or traveled in the past 2 years, you knew the economy is terrible bullshit was just that. beaglelover Nov 27 #53

Shocking they got conned by the most notorious con-man in recent history Blue Owl Nov 27 #57

Message auto-removed Name removed Nov 27 #66

I'm not sure where the whole egg thing came up Meowmee Nov 27 #67

You don't think that snot Nov 27 #68