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Inflation is 25% over 2019 so the only people celebrating the economy got a 25% raise. The rest? Debt piling up, some teetering on the edge of homelessness. B
by coding123 3y ago
Inflation is 25% over 2019 so the only people celebrating the economy got a 25% raise.
The rest? Debt piling up, some teetering on the edge of homelessness.
But that doesn't matter because the president in office can't have bad news. I think we can sum up Biden's presidency with "no comment"
- version_five 3y agoYeah I think a lot of any "hiring boom" right now is really inflation-related churn as companies refuse to match inflation and people leave for jobs that offer slightly better (pre-inflation) pay.
- tracker1 3y agoA lot of the hiring is also at a decade old pay rate... People may be working, but are they, generally speaking, making as much or more. I don't think so, especially in light of inflation.