General Discussion
In reply to the discussion: (Poll) Are you better off now than 4 years ago? pre-Covid [View all]Johnny2X2X
(21,965 posts)Mainly because there just seems to be a massive amount of doom and gloom posts and threads here constantly where people post about how awful everything is economically right now. How inflation has made life unaffordable.
Was really just trying to get a feel if my experiences were in the minority on DU and that the data that supports my experiences for the general public in America was empty as far as most DUers were concerned.
The data point I seem to get the most pushback on is this:
https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households#:~:text=Real%20weekly%20earnings%20for%20the,in%202019%2C%20despite%20higher%20prices.
"Real weekly earnings for the median worker grew 1.7 percent between 2019 and 2023. This means that one week of pay for the median worker now buys more than a week of pay did in 2019, despite higher prices."
Some people can't accpet that this data includes all prices. And that this is a very real measure indicated on average people are doing better. Doesn't mean that I think there isn't more work to be done, just that I think that the incredible job Joe Biden has done with the econmy is largely being ignored.