raoul

joined 1 year ago
MODERATOR OF
[–] [email protected] 1 points 41 minutes ago

If I interpret the first figure of this article correctly, the 25% poorest of the population have always been 'shafted no lube' (pardon my economists jargon), but were about to have a wages growth above inflation; before the fight against inflation was finally won (well done, joe) and the slaves slaved again.

[–] [email protected] 5 points 1 hour ago* (last edited 1 hour ago) (2 children)

I think that the problem is that the metric used for measuring the wages growth is an average:

In a society where most of the wealth goes to a few, an average is not necessarily a good measure:

I like this image from this article from the fed

showing the part of the population having raises above the CPI

They have the following remark below this graph:

For example, about 57 percent of the WGT sample had positive real wage gains during 2019, whereas during 2022, only 45 percent of people had positive real wage growth. Put another way, despite higher median nominal wage growth, the share of people with positive real wage growth between 2019 and 2022 due to higher inflation fell by 12 percentage points.

Edit, from the bottom of the article:

Your own wage growth experience might not look like that of your neighbors or your colleagues, and it might not resemble that of the person with median wage growth either.

[–] [email protected] 13 points 5 hours ago* (last edited 1 hour ago) (4 children)

It's having a bad hair day, give it a rest!

[–] [email protected] 4 points 5 hours ago

I like how the 16y kid stay calm, even when the holigans try to intimidate him into stop filming. More balls than the goons 💪

They have a donation page, btw

[–] [email protected] 6 points 6 hours ago

This kind is doing a better job as a journalist than 90% of the profession.

They have a donation page. I just dropped them some coins.

[–] [email protected] 3 points 23 hours ago

In an apparent attempt to troll their political opponents, MAGA allies gleefully announced the extreme conservative blueprint is ‘on the Trump agenda’

...In an apparent attempt to troll their political opponents...

I'm depressed of this shit

[–] [email protected] 20 points 1 week ago (1 children)

Finally some good fucking open research: https://jabde.com/

[–] [email protected] 3 points 2 weeks ago (4 children)
[–] [email protected] 4 points 2 weeks ago (5 children)
 

Hello all,

First, I would like to thanks SwingingKoala for creating this community!

As you may have noticed, this community is not active since last month and the principal moderator is gone. Also, as you certainly already noted, another similar community exists and is much more active.

I have been set as the backup mod by SwingingKoala in case this precise situation arise, so I have to take a decision about this community and would like your opinion:

  • Should we put this sub in read only (if possible) and go all to the most active one?
  • Maybe someone else want to take over? I'm not committed enough to do that myself.

Have a nice sober day, y'all 👋

 
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