• ThunderWhiskers@lemmy.world
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          4 months ago

          All of those things you quoted Biden as saying can be (and are) true while still requiring improvement, which is also true.

          That is also completely ignoring the fact that with a Republican Congress a Democratic president is severely hampered from having any actual impact on the economy.

          There is also the issue of companies inflating the appearance of available work. Which would, again, make all of Biden’s statements appear to be technically true while simultaneously being more complicated in reality.

        • EatATaco@lemm.ee
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          4 months ago

          Nothing in your quote says if you can’t afford a home is just “vibration.”

          What he said is accurate: wage growth has been out pacing inflation, especially among low wage workers, and unemployment is low. We’ve got a lot of catching up to do because of inflation over the past few years, but what you quote barely resembles what he has been saying.

            • EatATaco@lemm.ee
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              4 months ago

              Over the past few years my wife switched jobs and works fully remote, making about the same amount of money. I got a 30% raise by switching jobs, and it has way better perks. My investments have gone crazy. I noticed things are more expensive, but day to say it hasn’t been much of a concern at all. Financially speaking , it’s been arguably the best few years of our life.

              The difference between me and these people who “do basic math” is that I’m smart enough to realize that my personal experience is not the economy.

                • EatATaco@lemm.ee
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                  4 months ago

                  Wage growth has been outpacing inflation for a while now. And this is what Bidens pointing out: we’re going in the right direction. As I said, we have a lot of work to do, I realize that people are struggling.

                  But if people are like “in struggling so the economy is shit” well, then, I stand by my point that they are confusing their personal experience with the economy as a whole…