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The economy is bad until it gets good for me. :marseypipe:

I don't care that Shlomo Shekelstein's company is the most profitable it's ever been, if the job market sucks and prices suck, then the economy sucks. :marseyshrug:


https://i.rdrama.net/images/171640723830995.webp https://i.rdrama.net/images/1716407238178262.webp https://i.rdrama.net/images/17164072380107207.webp

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This is exactly the kind of rslurred take I expect from burgers. Wage growth has actually been strongest at the low end, for the first time since the 1970s iirc.

Meanwhile, big tech is suffering because the ZIRP party is over and they have to cut the deadwood and show profits for the first time in decades.

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phew! Thank GOD the economy is ok! I mean contractor teams of immigrants are undercutting us left and right and shareholders and CEO's are posting record profits while the cost of living and fuel continues to go up but at least the Economy is ok! Thought it was going to shit!

its ok ill add my own marseys: :marseyraging: :marseysoyseethe:

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Wages are growing faster than prices. If they aren't for you then it's a skill issue. Sorry u suck

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Poor people being able to ostensively afford and now compete for the fixed supply of goods I'm also chasing has not benefited me economically


:#marseyastronaut:

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It's even worse than it sounds b/c those poor people used to provide cheap services for us and now we have to pay them more :marseyitsover:

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Not if I can help it

:#marseypatriot:


:#marseyastronaut:

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Meanwhile, big tech is suffering

https://i.kym-cdn.com/photos/images/original/000/765/479/953.gif

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Google has had major layoffs for the first time in its history, afaik.

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>wage growth is solid

Too bad inflation and prices are outpacing the rate of wage growth.

look timmy, you think its bad that you used to save $1000 a month but now only save $300 spending on the exact same shit but thats actually a good thing because your wages have never been higher!

Germ*ns, when will they ever learn?

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:@bartendercelpat: That would be cool for your argument if it were true. Too bad it's not: https://www.axios.com/2024/02/05/wages-outpacing-inflation

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>inflation AND PRICES are outscaling

>n-n-no just look at this graph that only shows wages vs one thing not both

I know you're german and cant read english at a high level but cmon, the word and is pretty basic.

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inflation AND PRICES

Neighbor wtf do you think 'inflation' is?

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Your fetish ofc :marseycoomer2:

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Wrong. I'm a popper.

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https://media.giphy.com/media/mA6wZFQueIEXCtDarx/giphy.webp

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Wages are growing because we have more immigrants than ever working for cheaper

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Wage growth has actually been strongest at the low end, for the first time since the 1970s iirc.

This is the Fatal Conceit of not adjusting for inflation. The Weimar republic was completely and utterly r-slurred, but they had wage growth technically despite having less purchasing power :marseysoyhype:

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Real wages are growing especially at the low end

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Only in the sleight-of-hand kind of way that labor cost is synonymous with a system's wages, and labor costs are a singular input of production.

In other words, so long as labor costs grow faster than other production inputs, we can say that wages outpace the growth of prices, though this doesn't help most Americans.


:#marseyastronaut:

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I mean when they go out and measure wage growth for the bottom percentiles and they measure price growth, the measured wage growth is greater than the measured price growth. There isn't really any slight of hand there?

In other words, so long as labor costs grow faster than other production inputs, we can say that wages outpace the growth of prices,

It seems like you have some kind of model in mind but it sounds like you're overlooking productivity growth, which explains most real wage increases. In other words in your model of the world it's impossible for real wages to ever increase over the long term but that's clearly not true; real wages are much much higher now than they were 100 years ago, obviously.

though this doesn't help most Americans.

???

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I don't believe we've seen labor productivity rise to the extent that we've seen labor costs rise.

You could argue that total productivity has grown higher than wages, though it's easier to attribute these gains to capital improvements.

To the extent that a state should distribute the fruits of capital productivity is a political question, but for those of us not within the bottom quartile, the significant increases in labor costs hasn't been positive for QoL.


:#marseyastronaut:

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https://i.rdrama.net/images/1716414746887262.webp

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I dont care about the low end. They're low for a reason. I care about the middle end. 4 years ago I could spend $60 on groceries for a week. Now that same set of groceries costs me $120. I dont care if my wages go up if my purchasing power doesnt. This is Biden's fault for not reigning in the fed.

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This is exactly the kind of rslurred take I expect from burgers.

Aren't you one of us bb?

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Technically no. My parents moved to the US when I was 4 but I'm not a citizen.

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Still sounds American to me :marseywholesome: :!marseysaluteusa:

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Greencardchads are the true ascended caste. No matter who wins, I can always pull the "not my president" card. :marsey57:

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Victory has 100 fathers but defeat is an orphan

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Are you my deadbeat dad? :marseybeanpleading:

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Darn bb sry to hear

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More comments

Of course theres going to be record profits when the money supply is inflated and all your costs just massively increased. Even if your margin decreased your profits could still go up. They just repeat this stuff without a source

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I lost $1,000 to the taxman in April. :(

But a Fortune 100 CEO earned $1,000 just by inhaling the very same moment I cleared the check!

So, when you think about it, the total wealth of the world increased by $2,000. And I was proud to be part of that.

:#marseybikecucktalking:

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@JimieWhales oh no you don't!

Wage growth has not kept up with inflation. And if you have wages chasing inflation the problem just gets worse. You are a perfect example of why women shouldn't vote. Also please give me coins thanks. https://i.rdrama.net/images/1716405386707562.webp

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https://www.axios.com/2024/02/05/wages-outpacing-inflation

:#marseyropeyourself:

I gave you an award that comes with some coins because I know you'll piss them all away and then blame DDD, just like the rest of this thread.

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You deleted your comment out of shame because you knew you were WRONG.

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https://media.giphy.com/media/hPPx8yk3Bmqys/giphy.webp

I deleted my comment to post it HIGHER in the thread so more people would see it and I'd get even more coins.

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Factcheck: This claim is both true and false.

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JimieWhales give an r-slured smooth brained take? Frick, never seen that before!

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:#marseynerd2talking:

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The actual day to day economy for real people is worse under Biden for the vast majority of Americans. This election is such a layup for Republicans if they played it right. Just play the clips of Biden and co in 2021 saying there is no inflation. Then show them passing massive blowout spending and everything that has ensued. That will work for the r-slurs that somehow sit on the fence in a general election.

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If Republicans wanted a slam dunk they could just play ads showing Biden sniffing creeped out children's hair non-stop.

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If dems wanted a slam dunk they could just play ads showing Trump trying to say a complete sentence

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God this election is so fricking based

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Wrong chud, ever heard of trickle down economics? If Blackrock and Lockheed Martin are doing good, then so is everyone!

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Sentient slots :marseyluckycat:


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The slots are not sentient.

!slots500

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:#marseypoggers:

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:soyjakwow#:

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:#marseybegging:

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:#marseyhmm:

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More comments

:#mjlol:

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:#marseypoggerslove::#marseypoggerslove::#marseypoggerslove:

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give

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!slots500

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Thank you :marseyheart:

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https://media.giphy.com/media/wO6cUGNIaouBvJvWWl/giphy.webp

!slots200

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Skill issue? I'm about to get a $40k pay raise starting next month, maybe you should have stayed in school instead of becoming a tradie.

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No one with a productive life comes here


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It's more important people think you're productive than to be productive. Once you're over 6'2” people will just assume it.

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Just buy the 5 lbs of chicken for $23 to feed your family, and shut up and vote for Biden, nothing is wrong chud; the finance sector is doing great!

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23? They literally :marseyme: had chicken :marseykfc: thighs at winco for 1.28 a LB lol chicken :marseyblackcock: quarters are regularly 1.68 a lb lol skill issue

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You eat dark meat like a goy? :marseyyikes:

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It's all white :marseyblops2chadcel2: meat chicken :marseyklennyblack: lol

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:marseyracistche#ck:

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When people couldn't afford housing during the Great Depression, they built shantytowns from scrap construction supplies and named them “Hoovervilles,” after President Herbert Hoover. Today, Americans increasingly live out of their cars because they can't afford housing. If history is any guide, will parking lots full of Americans soon be known as “Bidenvilles”?

The problem has gotten so bad that Sedona, Arizona, recently set aside a parking lot exclusively for these homeless workers. The city is even installing pottys and showers for the new occupants.

The average home in the city sells for $930,000, while most of the housing available for rent is not apartments, but luxury homes targeted at wealthy people on vacation.

With such a shortage of middle-class housing and with starter homes essentially nonexistent, low- and even middle-income blue-collar workers have nowhere to go at night but their back seat.

Good. Can't have those filthy poors strutting and snoring around our houses at night.

:#marseyindignant: :marseypoor: :marseypoor: :marseypoor: :marseypoor:

https://www.dailysignal.com/2024/04/03/bidenvilles-parking-lot-all-americans-can-afford/

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If history is any guide, will parking lots full of Americans soon be known as “Bidenvilles”?

Goodbye mom! I'm moving to Bidenville!

:#bitchpleasetalking:

revs car engine

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Hopefully they built a sufficiently high wall to block off the eyesores.

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See, this is what I mean when I say that liberals need to work on their tone.

If they just said, "nah, the economy is fine. Don't worry about it. Let's talk about something else," then skeptics and even some rightoids would be prone to trust them.

But no, the moment they encounter any sort of dissension or opposition from the right, they start to sweat and pace back and forth and talk way too loudly and get flustered, and they adopt this imperious, lecturing tone, "How...HOW...HOW CAN YOU THINK THERE'S A RECESSION? There...there clearly isn't one! Here, read this pamphlet about it! I just...I just can't!!"

Of course if you're undecided, and you encounter someone that furious and agitated, you're not going to be easily swayed.

It's like the mask thing. Here's how democrats should have handled the mask thing: "look, there's a contagious disease. It costs you nothing to wear a mask. Let's band together and act like adults. We good? Okay. Let's move on to some other problems."

But no. The second a single republican expressed skepticism, democrats put on their drill sergeant hats and stick a scolding finger in your face, "OH YEAH? WELL I ORDER YOU TO WEAR A MASK! I'LL PASS LEGISLATION TO PUT YOU IN JAIL IF YOU DON'T! HEY WHERE ARE YOU GOING? WHY WON'T YOU COOPERATE, MAGGOT?!"

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nah, the economy is fine

Let's band together and act like adults

:marseyfacepalm: Even your good examples are condescending

Just admit you think I'm subhuman :marseyshrug:

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You're subhuman, but your opinion still matters. If you won't submit to social :marseysjw: pressure you're worth losing :marseygambling: as a citizen anyways lol

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Impressive. Normally people with such severe developmental disabilities struggle to write much more than a sentence or two. He really has exceded our expectations for the writing portion. Sadly the coherency of his writing, along with his abilities in the social skills and reading portions, are far behind his peers with similar disabilities.

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𝐓𝐡𝐞𝐬𝐞 𝐧𝐢𝐠𝐠𝐞𝐫𝐬 𝐣𝐮𝐬𝐭 𝐫𝐞𝐟𝐮𝐬𝐞 𝐭𝐨 𝐚𝐝𝐦𝐢𝐭 𝐁𝐢𝐝𝐞𝐧 𝐝𝐞𝐜𝐢𝐦𝐚𝐭𝐞𝐝 𝐭𝐡𝐞 𝐞𝐜𝐨𝐧𝐨𝐦𝐲. 𝐌𝐚𝐤𝐢𝐧𝐠 𝐮𝐩 𝐬𝐡𝐫𝐢𝐧𝐤𝐟𝐥𝐚𝐭𝐢𝐨𝐧, 𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐞𝐟𝐢𝐧𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐫𝐞𝐜𝐞𝐬𝐬𝐢𝐨𝐧, 𝐧𝐨𝐰 𝐣𝐮𝐬𝐭 𝐭𝐞𝐥𝐥𝐢𝐧𝐠 𝐲𝐨𝐮 𝐭𝐨 𝐧𝐨𝐭 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐲𝐨𝐮𝐫 𝐥𝐲𝐢𝐧𝐠 𝐞𝐲𝐞𝐬. 𝐈 𝐜𝐚𝐧'𝐭 𝐰𝐚𝐢𝐭 𝐟𝐨𝐫 𝐓𝐫𝐮𝐦𝐩 𝐭𝐨 𝐛𝐞 𝐫𝐞-𝐞𝐥𝐞𝐜𝐭𝐞𝐝 𝐚𝐧𝐝 𝐭𝐡𝐞𝐬𝐞 𝐝𝐮𝐦𝐛 𝐧𝐢𝐠𝐠𝐞𝐫𝐬 𝐠𝐨𝐢𝐧𝐠 𝐚𝐩𝐞𝐬𝐡𝐢𝐭 𝐨𝐯𝐞𝐫 𝐥𝐚𝐰 𝐚𝐧𝐝 𝐨𝐫𝐝𝐞𝐫 𝐛𝐞𝐢𝐧𝐠 𝐢𝐦𝐩𝐥𝐞𝐦𝐞𝐧𝐭𝐞𝐝 𝐚𝐠𝐚𝐢𝐧.

The following is untrue.

White extinction is long overdue.

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>THE FOLLOWING IS UNTRUE

>WHITE EXTINCTION IS LONG OVERDUE

Why do you care, you're not white?

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He's an ally

https://i.rdrama.net/images/17164053162385676.webp

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STOP FILTEREVADING

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I doubled my pay before Biden, and he halved the value of our money.

Go blue team

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a recession is a business cycle contraction that occurs when there is a general decline in economic activity

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Reported by:

Recession is for cucks, just pull up your bootstraps bro 🥾👢

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This but unironically

!anticommunists

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just buy more stuff and make more stuff

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recession is when [party i don't like is in power] and booming economy is when [party i like is in power]

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or lame mans terms stocks go down

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still can't find a house to buy, voting for trump unless I can find one


Follower of Christ :marseyandjesus: Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.

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Fr, if Biden bought me a house right now, id vote for him

!slots200

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:#marseyhesright:

frick student loans, I need a ranch.


Follower of Christ :marseyandjesus: Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.

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So, what are these people looking at when they say the economy is fine? Is it the doctored GDP, unemployment, and inflation stats?

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I was just at conference with the a regional fed rep speaking

Basically we grew post pandemic. the slow down in office space CRE and tech spaces isn't enough to offset consumer spending.

As much as people b-word about boomers it's entirely likely that they are pissing their retirement away before they die which is keeping the economy rolling

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It's interesting that this post has so many comments.

Also sad.

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!slots276

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https://media.giphy.com/media/ckedbjLPUcXKGgcr1P/giphy.webp

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:marseycheers:

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