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ElwoodBlues · M
@Magenta says
For the first time in literally GENERATIONS, real wages are growing for the lower quintile of US workers. And they're growing FASTER under Biden than they did under Obama or Trump. For the first time in GENERATIONS, the lower half of workers are sharing in our economic growth!
There are more than 5,000,000 (FIVE MILLION) more people employed now than during the peak under Trump. Just read the graph.
And the number unemployed is historically low!
Inflation? The pandemic deflation was followed by worldwide inflation; that is now gone.
I see this going as it did when Biden was elected. So many thought it was going to be so great, everything would change for the better, blah blah.
Actually, many things DID change for the better!For the first time in literally GENERATIONS, real wages are growing for the lower quintile of US workers. And they're growing FASTER under Biden than they did under Obama or Trump. For the first time in GENERATIONS, the lower half of workers are sharing in our economic growth!
There are more than 5,000,000 (FIVE MILLION) more people employed now than during the peak under Trump. Just read the graph.
And the number unemployed is historically low!
Inflation? The pandemic deflation was followed by worldwide inflation; that is now gone.