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Tiktok influencer income was never going to solve any economic problems in a meaningful way.
by roca 2y ago
Tiktok influencer income was never going to solve any economic problems in a meaningful way.
- johnnyanmac 2y agoNo, but it went in the right direction. Unlike everything else with the economy as of late (if you don't have the spare money to gamble in stocks.
- roca 2y agoWage growth has exceeded inflation in the USA for the whole of 2024. https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/ https://www.statista.com/statistics/1351276/wage-growth-vs-i... Real wages in all income brackets are at an all-time high (apart from a short blip during the pandemic), and overall have surged since the start of the pandemic. See e.g. https://tradingeconomics.com/united-states/employed-full-time-median-usual-weekly-real-earnings-wage-and-salary-workers-16-years-and-over-white-men-fed-data.html https://tradingeconomics.com/united-states/employed-full-tim....
- johnnyanmac 2y agoReal wages but not buying power. And that ignores all the unemployment rate rising (U-3 and U-6). If you had a job and kept it in 2024, you're only slightly better off than 2023 and probably slightly worse than 2022. If you don't been devastating. Now watch it go down in 2025 and unemployment get worse for Americans as well.