wrongly think the U.S. 
is in a recession 
gets too excited about the great economy rn and 
yalled it
also like https://old.reddit.com/r/Economics/comments/1ercgpk/59_of_americans_wrongly_think_the_us_is_in_a/
I see the poors are pretending to be big wallet niggas again est. 2016
Hello, welcome to 'I see the poors are pretending to be big wallet gangstas again'
This hole exists as a safe space for refugees from the Facebook(MetaTM groups of the same name. Of which there have been several iterations. We mostly exist to poke fun at the state of living in poverty. While it oftentimes is unavoidable, we do aspire to not be meanspirited. Over the years we have co-opted the term 'Peak Poor' to being someone who exudes poverty, regardless of their actual net worth. Trump and Elon both exhibit the peak poor ethos from time to time while still being the top 0.000001%. You can do something peak poor and still be a good person or a generally adjusted one. We all have a bit of poor in us.
We basically fill a niche similar to fatpeoplehate with a bit less actual malice.
PeakPoor is shotgunning mountain dews at 5 years old.
PeakPoor is not people dying of poverty. While technically the greatest heights of poverty is succumbing to it this is not funny, and is a failure
of capitalism. We do not make fun of poverty to be mean spirited such as that.
Read the room, if it's punching down too hard or really digging into someone whos a sympathetic character it doesn't belong here. (basically READ THE ROOM)
Sitewide rules apply
other rules
Subscribe to this hole, it's important that we get our numbers up. Love numbers = peak poor
Bonus points for making your post title some variation of peak poor. (Pinnacle of Poverty, Prowess of the Penniless)
I am looking for a mod who will help me grow this place and encourage the facebook community where the majoryity of our members reside
to migrate. Contact me if interested.
I really do love you all so very much, i'm even spending drama coin to get some banners and marseys. thanks for being a part of the community.
Jump in the discussion.
No email address required.
To most people 'recession' just means shits getting financially harder and a lifestyle which had been well within their means has very quickly become unaffordable. Nobody gives a frick about the technical definition and being a pedantic peepeehead about it while people are struggling is likely to get you fricking punched.
Jump in the discussion.
No email address required.
Real wages aren't even 10% lower than they were before this bout of inflation. If their lifestyle is unaffordable now, it wasn't "well within their means" before.
Jump in the discussion.
No email address required.
Because only that one thing exists and there aren't multiple issues affecting the cost of living.
Jump in the discussion.
No email address required.
"Real wages" is literally the ratio of incomes to cost of living, dumbass.
Jump in the discussion.
No email address required.
Real wages are an ill defined nebulous concept due what gets included in a given data sets inflation calculations. It's only useful as a broad snapshot of the past and with little useful application to current or future outlooks. It also only provides average numbers, ignoring basically all wage growth in the past 20 years has been in the 90th percentile mean the vast majority have experienced far more than a 10% decline on an individual level. On top of a 10% decline in purchasing power over just a few years being fairly substantial in and of itself.
Do your parents still pay your bills or do you just live of student loans?
Jump in the discussion.
No email address required.
Should've been in the 90th percentile, pleb
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
10% is a lot, actually
Jump in the discussion.
No email address required.
More options
Context
How is that possible when everything is more than 10% as expensive as it used to be?
Jump in the discussion.
No email address required.
Because wages went up a lot, too.
"Real wages" is the relationship of incomes to cost of living. If your costs go up 10% but your wages go up 8%, your real cost of living has not gone up 10%.
Jump in the discussion.
No email address required.
Wrong. If costs went up 10%, my cost of living also went up 10%.
Jump in the discussion.
No email address required.
Jump in the discussion.
No email address required.
Stop trying gas light me and tell me my cost of living didn't go up.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
Your real wages and real cost of living did not, as both of those terms refer to the income/cost ratio.
Jump in the discussion.
No email address required.
My real cost of living went up since I'm spending more money. Whatever you're talking about is fake cost of living.
And my real wages did not go up.
Jump in the discussion.
No email address required.
Skill issue
Jump in the discussion.
No email address required.
I quit my job to start my own business.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
More options
Context
More options
Context
The entire discourse is dumb and feels like one giant gaslamping attempt. No one cares what the technical definition is, no one cares how our situation is better now compared to other points in the past. What everyone cares about is noticing that their paycheck isn't going as far as it used to and people are having to cut back on purchases or take on more hours to get by. These types of articles do nothing but make the plebs angrier.
Jump in the discussion.
No email address required.
More options
Context
They're just spoiled and need to lower their standard of living. Everyone else lives in combloc apartments and works every day.
Jump in the discussion.
No email address required.
Just because that's how europoors "live" doesn't mean Americans should have to put up with it.
Jump in the discussion.
No email address required.
europoors do NOT work all day.
Jump in the discussion.
No email address required.
More options
Context
More options
Context
More options
Context
Jump in the discussion.
No email address required.
More options
Context
Theyre wrong though to a definition we completely made up after the fact which is also how a recession is defined so we could totally be in one but were not cause journos said so
Jump in the discussion.
No email address required.
More options
Context
Idk maybe you should
have gotten a promotion or something 
in the past 4 years Chud wagie 
Jump in the discussion.
No email address required.
More options
Context
More options
Context