40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’ - eviltoast

“There’s this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.

  • mypasswordistaco@iusearchlinux.fyi
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    8 months ago

    I think the wording in your original comment is pretty misguided. Nowhere does it say the poor are “doing better than” the wealthy. They just had the strongest short-term wage growth since covid. This does not equate to prosperity. Perhaps it is you that has the restrictive social circle.

    • Tja@programming.dev
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      8 months ago

      The wording was obvious. If someone though OP meant “the bottom 10% can afford more yachts than the wealthy” that’s a logic problem.

      • mypasswordistaco@iusearchlinux.fyi
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        8 months ago

        I disagree. The connotation and literal meaning of the phrase “doing better than”, combined with the comment on social circles indicates that they’re trying to suggest the poor are somehow doing well, whatever that means.

        That’s how I read it, anyway. And I think that’s why they’re getting down voted as well.

        • Cryophilia@lemmy.world
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          8 months ago

          they’re trying to suggest the poor are somehow doing well, whatever that means.

          Which is nonsensical, which should suggest you’re misinterpreting.

          • Coach@lemmy.world
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            8 months ago

            Proportionally, having a penny is infinitely more than having nothing, but I still can’t buy shit with a penny.

            Take your “proportionately” logic and shove it. Shit is bad. And it’s bad because capitalism has consolidated wealth at the top. Capitalism has run its course and has failed. It’s time to move on.

            • Tja@programming.dev
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              8 months ago

              I can shove it all you want, but statistics show otherwise.

              And blaming you own failures on capitalism won’t solve shit. Plenty of people are successful under capitalism, no matter what a dozen geniuses on a fringe site cry about.

              Communism has been tried and failed, either through revolution (eastern Europe), evolution to market economies (China, Vietnam) or famine and slavery (North Korea).

            • Cryophilia@lemmy.world
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              8 months ago

              Take your logic and shove it

              Ah, Leftists. The screaming children of the modern age.

              Also - Horseshoe Theory in action. Guess who else hates logic but loves being angry?

    • Cryophilia@lemmy.world
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      8 months ago

      The wording is obvious to anyone with a brain. So given that this is lemmy, you’re absolutely right and I’ll dumb it down. My apologies.

      • mypasswordistaco@iusearchlinux.fyi
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        8 months ago

        I think it’s unfortunate that you’re being so hostile. It was an interesting point and very good sources that you brought to the discussion. But you’ve decided to play the "you’re all ‘autists’ " card.

        • Cryophilia@lemmy.world
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          8 months ago

          It was an interesting point and very good sources that you brought to the discussion.

          The fact that this doesn’t matter is why I’m being hostile. Bunch of idiots in here. If you’re interested in discussing it I’m absolutely open to that. It’s the ones who fail basic reading comprehension that have my scorn.