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Could you expand on the troubling indicators..?
by felix_nagaand 8y ago
Could you expand on the troubling indicators..?
- prolikewh0a 8y agoA hollow economy built on debt with most of the country living paycheck to paycheck with little to no savings, no real wage raises to keep up with inflation since the 90's, doesn't sound like a 'great economy' to me. It may be a wonderful economy for the people at the top though. https://www.cnbc.com/2017/08/24/most-americans-live-paycheck-to-paycheck.html https://www.cnbc.com/2017/08/24/most-americans-live-paycheck... https://www.vox.com/cards/minimum-wage-explained/minimum-wage-history https://www.vox.com/cards/minimum-wage-explained/minimum-wag... (for the minimum wage vs inflation graph)
- ianai 8y agoStagnant wages and a proliferation of ways to share consumables through the “gig economy”. Just at the ground level, I see lots of new construction but I can’t point to any projects to employ more people. Then there’s the very real meddling with the US international trade posture and associated international agreements.