labor productivity rose at an annual rate of 5.2 percent, which is really, really fast
Oh, and unit labor costs are up only 1.6 percent over the past year
Now what's wrong with all these laborers who aren't excited about Bidenomics keeping labor costs down despite rapid increases to productivity?
How many more articles, op-eds, tv news reports, podcasts, etc do we need? Bidenomics is a fucking loser. Read the fucking room.
As many as it takes to convince you that you're fine
Now go outside and put $500,000 on credit cards
Who are you going to believe, your lying eyes or my once-in-a-generation high-yield US Treasury bonds?
That’s what this “Bidenomics” insistence is, isn’t it? People who either own their home outright or got a mortgage when rates were like 3.25%, have enough liquid sitting around to sink into these 1990’s revival interest rates on bonds and CDs and think that means the economy is roaring.
The paycheck-to-paycheck number seems suspiciously low to me. Did they redefine some terms to bring the number down?
Like, it was significantly higher in the past when things were cheaper, so I'm confused how they got such a low number.
From 2017, same outlet even: https://www.cnbc.com/2017/08/24/most-americans-live-paycheck-to-paycheck.html
I think that was still residual effects from the Great Recession, people whose salary took a major hit, were able to save less on the same lifestyle, probably took on more CC debt. In other words, the wages part of the equation was down more than prices.
Pulling our Paul Krugman at this point is like the op ed equivalent of lowering recruitment standards to include people who need glasses during a war
If you need to tell everyone about all the good things you've done, you haven't done anything good.
Are you saying that all those dudes who keep calling themselves "alpha males" on the internet are actually massive dweebs?
4% absolute value is absurdly nuts in 9 months given there hasn't been any significant macroeconomic changes wtf...
