this post was submitted on 28 Nov 2023
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Yeah, about that. The economy only looks robust because its health is based on the stock value of a limited number of U.S. corporations. The average American human being is fuckin broke...ironically, because of the pursuit of eternal continuous growth (which is impossible) for profit.
That is categorically false and it's dishonest to suggest so.
GDP is at the highest rate in years. We are at full employment. Participation rate is the highest it's been in 50 years. Wages outpaced inflation while inflation was crazy high helping debtors and the working class at the same time.
Your ideology blinds you.
Do you have a source on “wages outpac[ing] inflation”?
Most people get confused because inflation is already accounted for in most reported numbers.
https://www.bls.gov/news.release/pdf/eci.pdf&ved=2ahUKEwjDiuPqoemCAxULFzQIHRmiCJEQFnoECBIQBg&usg=AOvVaw1jlbP0dE9X_Mpb3XsIXwT4