@Rapidcreek@lemmy.world to politics @lemmy.world • 3 months agoThe Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Nowslate.comexternal-linkmessage-square213fedilinkarrow-up1193arrow-down138
arrow-up1155arrow-down1external-linkThe Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Nowslate.com@Rapidcreek@lemmy.world to politics @lemmy.world • 3 months agomessage-square213fedilink
minus-square@Pronell@lemmy.worldlinkfedilink4•3 months agoI 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-square@crusa187@lemmy.mllinkfedilink8•3 months agoWell 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!