My spending on groceries has almost doubled. I went from being ok to barely making it. It's great.
this post was submitted on 06 Feb 2024
306 points (90.5% liked)
politics
19107 readers
3277 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.
Example:
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
Hmm , in 2020 the interest rates for buying a house was around 3.1%, now it's around 6.8%. When we're pricing people out of the ability to afford housing (interest rates going up affects rent prices too, who knew) people will be rather upset... especially given that they see little to no benefit from this "good economy" given the layoffs in certain sectors, the gas prices being over 9000, and not one, but two wars abroad where at least one of the parties in each is perfectly fine targeting civilians.
But hey, at least Google and Amazon are raking in the profits, I guess.
Okay but did you read that the economy is doing good? Try reading it again.
load more comments
(1 replies)
load more comments
(2 replies)
I don't know, Joe, maybe it's just that the world we've made here just fundamentally isn't worth participating in? or even living in, for that matter. #beammeupscotty
load more comments
(1 replies)
Economy isn't everything. People need more like believing in the future, a sense of community, etc. A lot of things incompatible with neoliberalism that the dems embraced in the 80s.
This push them in the arms of the extrem right. Don't take me wrong. Extrem right isn't better, it's worse. But they are the last untried thing and extrem right as a rhetoric that hide the reality.
The dems have to change in deep to address the real issues like inequality, housing, belonging to a group, etc. It's placing the human in the center.
load more comments
(1 replies)
It's at least a start, that he's asking questions to try and figure it out, isn't it?
Too bad he doesn't speak poor
Out of the three candidates left, though, he has the best shot of figuring it out.
load more comments
(1 replies)
It’s theatre.
You think this fucker doesn’t have access to every economist and social worker to answer this for him? And what, not one of the people he’s asked has been able to give him the answer when he’s asked them?
The only way he cannot know, is that he chooses not to know.
load more comments
(1 replies)
load more comments
(1 replies)
“$1 in 2018 is equivalent in purchasing power to about $1.22 today, an increase of $0.22 over 6 years. The dollar had an average inflation rate of 3.38% per year between 2018 and today, producing a cumulative price increase of 22.10%.”- in2013dollars.com
Most of us didn’t get 22% raises over the pandemic and rent, electricity, and grocery prices went up, Joe
So why do i know so many people that don't have enough? I didn't used to
The Economy is doing well...for the rich.
It's not doing well for everyone else, you old baffoon.
Disinflation is different than deflation. Prices aren’t changing, that’s good. Prices changed to be bad and aren’t changing, that’s bad.
Now, while I don’t think we want deflation amok, because that’s insanely bad for everyone, what I think we can all agree with is wages need to go up or there needs to be some price control the likes this country hasn’t seen before.
That’s the problem with the economy. This new normal isn’t comfortable. While we’re finally solidifying what this new normally is and volatility is going down, what we’re settling on isn’t good. And pretending that eventually wages will come to match, that’s not realistic. Playing the waiting game is going to wreck a lot of jobs.
load more comments
(1 replies)
Shit like this is why Trump is going to win. Enjoy the peace while it lasts
President feigns ignorance of basic domestic economics to appear sympathetic going into an election cycle
The US economy is doing well for rich people.
FTFY
What a senile old pos classist fuckface.
"Your corporate masters are happy, why aren't you slaves smiling?"
Well, I don't know. What a mystery!?
Because we've had about 90 years of decline in the power of labor, and everyone knows they're being exploited all the time and there's no way to get ahead if you don't already have money.