Rapidcreek@lemmy.world to politics @lemmy.world · 2 年前The Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Nowslate.comexternal-linkmessage-square202linkfedilinkarrow-up1193arrow-down136
arrow-up1157arrow-down1external-linkThe Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Nowslate.comRapidcreek@lemmy.world to politics @lemmy.world · 2 年前message-square202linkfedilink
minus-squarePronell@lemmy.worldBannedlinkfedilinkarrow-up8arrow-down4·2 年前I think it’s the wage growth, lower inflation, and longest sustained low unemployment of my lifetime that drive that economic success. I do however agree that too much attention is paid to the stock market, and that wage growth isn’t high enough.
minus-squarecrusa187@lemmy.mllinkfedilinkarrow-up11arrow-down3·2 年前Well considering wages have remained stagnant since the 1970’s, compared to skyrocketing productivity, I’m inclined to agree!
I think it’s the wage growth, lower inflation, and longest sustained low unemployment of my lifetime that drive that economic success.
I do however agree that too much attention is paid to the stock market, and that wage growth isn’t high enough.
Well considering wages have remained stagnant since the 1970’s, compared to skyrocketing productivity, I’m inclined to agree!