Burnett asks Biden how he is going to turn the economy around. He said he already has | CNN Politics
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CNN’s Erin Burnett asks President Joe Biden about how he is going to combat inflation and improve the economy before election day 2024.
      • TheDemonBuer@lemmy.world
        0·
        2 years ago

        But I think you can understand why three years of improvement after four decades of stagnation might not dramatically move peoples’ perception of the economy. Plus, are real wages up for everyone? Is it average real wages? Median? There’s a big difference. It’s entirely possible some people are experiencing much more real wage growth than others.

        Edit: apparently a lot of you are confused. You seem to think that if wages are up for some, they must be up for all. That’s not how it works. Not everyone got a raise over the last three years. Some people did, others didn’t. Some people saw their income increase dramatically, some saw their income stay about the same, and some saw their income go down. And that’s true whether the incomes in question are measured in “real” (inflation adjusted) terms or are nominal figures.

      • Fredselfish@lemmy.world
        0·
        2 years ago

        My wage has not budged in four fucking years and no wages in Oklahoma have gone up if anything they going down.

        My company will not give raises and I get paid more than any other person in my field and it isn’t enough.

        They literally offering jobs here at 12 an hour you be lucky to see 15 with bunch bullshit stipulations.