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.
  • Semi-Hemi-Demigod@kbin.social
    8·
    11 months ago

    people will quit a job that doesn’t provide enough to live on

    Or they’ll get a second job. Or a third job. Or start doing gig work.

    Especially if the job provides them with health insurance.

        • FlowVoid@lemmy.worldEnglish
          2·
          11 months 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
              2·
              11 months ago

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

                • FlowVoid@lemmy.worldEnglish
                  2·
                  11 months 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
                    5·
                    11 months 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.