Re:Former President Trump is projected to win the presidency
by no_wizard on Wednesday November 06, 2024 @09:21AM
(#42062685)
Frankly, if wage gains kept pace with productivity gains itβd be a very different and vastly better economic story for the average American. The reality is the recent blip of wage gains didn't make up ground on the last 40 years of stagnation, and it shows signs of slowing in any case, and Americans are feeling that
[ Parent
| on HN ]
Re:Former President Trump is projected to win the presidency
by bryanlarsen on Wednesday November 06, 2024 @09:26AM
(#42062753)
Ironically wage gains have outpaced inflation in the last 4 years, but that's such a minor effect compared to the lost ground over the previous 40 years that it's not noticeable.
Re:Former President Trump is projected to win the presidency
by stormfather on Wednesday November 06, 2024 @12:14PM
(#42065527)
It depends on how you measure inflation. The most important expenses for a young person trying to start a family are health-care, housing, food, child care and college tuition. Inflation in these categories is wild. I don't care at all if a big screen TV has gotten cheaper.
Re:Former President Trump is projected to win the presidency
by bryanlarsen on Wednesday November 06, 2024 @12:48PM
(#42066180)
Given that big screen TV's are a negligible portion of the inflation basket and housing is by far the biggest component of the basket, I think the current basket is a fairly decent reflection.
Re:Former President Trump is projected to win the presidency
by Jeff_Brown on Wednesday November 06, 2024 @04:59PM
(#42070138)
Yes, but for the electorate to blame the current party for the last 40 years is irrational.