President Joe Biden goes into next year’s election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it.
Pollsters and economists say there has never been as wide a gap between the underlying health of the economy and public perception. The divergence could be a decisive factor in whether the Democrat secures a second term next year. Republicans are seizing on the dissatisfaction to skewer Biden, while the White House is finding less success as it tries to highlight economic progress.
“Things are getting better and people think things are going to get worse — and that’s the most dangerous piece of this," said Democratic pollster Celinda Lake, who has worked with Biden. Lake said voters no longer want to just see inflation rates fall — rather, they want an outright decline in prices, something that last happened on a large scale during the Great Depression.
“Honestly, I’m kind of mystified by it,” she said.
Wages have not kept up with inflation. Why is this so hard for the media to understand?
Wages have shot up like crazy over the past few years. But the FTC has not enforced antitrust regulations over the past 30 years which led to everything being owned by megacorps with no competition - so we’re getting the screws turned on us right now. The FTC is finally engaging in some antitrust measures, but it is too little, too late. It’s kind of hard to blame that on the current regime.
Shot up like crazy is a weird way to talk about how the federal minimum wage is still $7.25
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And tipping is spreading instead of dying off.
If you are not making the federal minimum after tips, your employer is obligated to pay the difference. Nobody is (legally) receiving only $2.13/hour. $7.25 obviously isn’t enough to live on though.
E: Downvoted for speaking the truth. If you aren’t making at least $7.25 after tips, and your employer is not paying the difference, they are breaking labor laws. Please report them. And stop parroting that a $2.13 wage is somehow legal. If people are being taken advantage of, they deserve to know that they should be making more.
immigrants seeking a better wage than at home have entered the chat
Labour laws don’t apply to labour that isn’t on the books. And the US is absolutely taking advantage of that.
Abso-fucking-lutely! But if we are now talking about off-the-book labor, how relevant is that to the stagnant minimum wage?
Wage theft beats out all other forms of theft combined. To act like it can’t happen because “that’s illegal” seems pretty naive.
It’s not naive to spread awareness. I’m sure a non-zero amount of the victims aren’t aware their employers are breaking labor laws.
You’re right that I should have phrased that comment a little differently, as it clearly happens. But if you say
people should just sit back and take itemployers should be able to get away with it, I couldn’t disagree more.Making the customers pay your employees’ directly is just lying about your prices and should be illegal.
I can’t argue with that. Also, I hope it doesn’t sound like I’m advocating for a tipping culture. I just want everyone to know that they are entitled to at least (the very low bar of) minimum wage. Any separate tipped-employee minimum wage is a myth, repeatedly claimed by abusive employers.
Ah, fair enough.
Sorry, (raises hand) i downvoted you because i felt it had nothing to do with the matter at hand. No offense mate
No offense taken personally. I felt the same way about the $2.13 claim since, when comparing legal employers, is not possible. Of course, if we accept that some employers break the law, then the $7.25 wage isn’t very relevant anymore either.
I hope you have a pleasant day!
$15,950 per year with full time employment.
Which is why 37% of people have multiple jobs, which is why unemployment is down, which is why the wealthy/out of touch pretend the economy is fine, which is why people in power ignore the suffering of the working class.
- President George W. Bush to a divorced mother of three. Omaha, Nebraska - February 4, 2004
My wage has certainly gone up. I also can’t seem to go grocery shopping without spending $400 now. Literally everything is more expensive, bills included.
So if I look at my wage as 100%, rent and groceries and bills all take up a larger percentage of that then just five years ago.
Unless there are enforced laws around consumer pricing, every company on the planet is gonna raise prices when wages go up.
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It really doesn’t help to have snooty liberal assholes telling those of us on fixed incomes that our financial situation is great because their 401k’s are appreciating and we’re just too stupid to realize how great the economy is.
The Hillary Clintonism runs strong. Bill at least pretended to give a fuck about people. The democratic pitch being “hey, at least we’re not doing a Gaza to you! Be happy with your scraps” needs a rework Stat.