40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
fortune.com
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
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I would LOVE to see a source on this, but I have a feeling I already know where it is coming from.
Would you prefer the Economic Policy Institute, Politico, or CNBC?
I think the wording in your original comment is pretty misguided. Nowhere does it say the poor are "doing better than" the wealthy. They just had the strongest short-term wage growth since covid. This does not equate to prosperity. Perhaps it is you that has the restrictive social circle.
The wording was obvious. If someone though OP meant "the bottom 10% can afford more yachts than the wealthy" that's a logic problem.
I disagree. The connotation and literal meaning of the phrase "doing better than", combined with the comment on social circles indicates that they're trying to suggest the poor are somehow doing well, whatever that means.
That's how I read it, anyway. And I think that's why they're getting down voted as well.
Which is nonsensical, which should suggest you're misinterpreting.
Doing well... proportionately. The talk was about growth/lack thereof.
Proportionally, having a penny is infinitely more than having nothing, but I still can't buy shit with a penny.
Take your "proportionately" logic and shove it. Shit is bad. And it's bad because capitalism has consolidated wealth at the top. Capitalism has run its course and has failed. It's time to move on.
I can shove it all you want, but statistics show otherwise.
And blaming you own failures on capitalism won't solve shit. Plenty of people are successful under capitalism, no matter what a dozen geniuses on a fringe site cry about.
Communism has been tried and failed, either through revolution (eastern Europe), evolution to market economies (China, Vietnam) or famine and slavery (North Korea).
Ah, Leftists. The screaming children of the modern age.
Also - Horseshoe Theory in action. Guess who else hates logic but loves being angry?
The wording is obvious to anyone with a brain. So given that this is lemmy, you're absolutely right and I'll dumb it down. My apologies.
I think it's unfortunate that you're being so hostile. It was an interesting point and very good sources that you brought to the discussion. But you've decided to play the "you're all 'autists' " card.
The fact that this doesn't matter is why I'm being hostile. Bunch of idiots in here. If you're interested in discussing it I'm absolutely open to that. It's the ones who fail basic reading comprehension that have my scorn.