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What a peculiar thing to say.

by Pfhreak 10y ago

candiodari 10y ago
I think the point is to be sarcastic. Everytime somebody points out that people are worse off, any fact used to support that argument is immediately used to support the thesis that in fact everything is better. Less money - more spending - good, or as GP put it "Millennials prioritize entertainment and free time more than boomers as well" This of course assumes the problem is the choices boomers are making. Just so we're clear: people choose to work in Amazon fulfillment centers. Hell, boomers PAY amazon for transportation to work here : https://www.youtube.com/watch?v=gYUJjpIxkCU https://www.youtube.com/watch?v=gYUJjpIxkCU (seriously, when will congress bring down the hammer on companies charging employees ? It is always, always and again after that used to exploit the lowest workers). If you prefer to see this in government stats : https://fred.stlouisfed.org/series/LNS12600000 https://fred.stlouisfed.org/series/LNS12600000 and -worse- https://fred.stlouisfed.org/series/LNU02026625 https://fred.stlouisfed.org/series/LNU02026625 and https://fred.stlouisfed.org/series/LNU02026628 https://fred.stlouisfed.org/series/LNU02026628 From most graphs I get the impression this is the situation. Since Obama came to office there has been the GFC. I think it would be fair to say that US employment has recovered about half the losses it endured during the GFC, taking all statistics together. That does not, to me, sound like a good result at all, and at least for me, is a big part of the explanation that Trump got elected. For most people employment is worse than when Obama came to power (of course he should probably not be blamed for the GFC, but still, he's got the top job. He bears some responsibility) Similar argument: More debt - more spending - good Those sorts of arguments. Truth is the economics for the vast majority of the world's population have steadily worsened since about 2000-2001 (worldwide average). Silicon Valley and in fact most huge cities are an exception.

What a peculiar thing to say.

by Pfhreak 10y ago

What a peculiar thing to say.

I think the point is to be sarcastic. Everytime somebody points out that people are worse off, any fact used to support that argument is immediately used to support the thesis that in fact everything is better. Less money - more spending - good, or as GP put it "Millennials prioritize entertainment and free time more than boomers as well" This of course assumes the problem is the choices boomers are making. Just so we're clear: people choose to work in Amazon fulfillment centers. Hell, boomers PAY amazon for transportation to work here : https://www.youtube.com/watch?v=gYUJjpIxkCU https://www.youtube.com/watch?v=gYUJjpIxkCU (seriously, when will congress bring down the hammer on companies charging employees ? It is always, always and again after that used to exploit the lowest workers). If you prefer to see this in government stats : https://fred.stlouisfed.org/series/LNS12600000 https://fred.stlouisfed.org/series/LNS12600000 and -worse- https://fred.stlouisfed.org/series/LNU02026625 https://fred.stlouisfed.org/series/LNU02026625 and https://fred.stlouisfed.org/series/LNU02026628 https://fred.stlouisfed.org/series/LNU02026628 From most graphs I get the impression this is the situation. Since Obama came to office there has been the GFC. I think it would be fair to say that US employment has recovered about half the losses it endured during the GFC, taking all statistics together. That does not, to me, sound like a good result at all, and at least for me, is a big part of the explanation that Trump got elected. For most people employment is worse than when Obama came to power (of course he should probably not be blamed for the GFC, but still, he's got the top job. He bears some responsibility) Similar argument: More debt - more spending - good Those sorts of arguments. Truth is the economics for the vast majority of the world's population have steadily worsened since about 2000-2001 (worldwide average). Silicon Valley and in fact most huge cities are an exception.