Tom is welcome to point out one developed country that didn't experience inflation coming out of Covid.
Tom is welcome to point out one developed country that didn't experience inflation coming out of Covid.
But I do wonder if stupid Tom would like to research wage growth "under Biden" and compare THAT with the last 40 years.
There is no escaping real wages declined under biden
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/.
Originally posted by: tom
But I do wonder if stupid Tom would like to research wage growth "under Biden" and compare THAT with the last 40 years.
There is no escaping real wages declined under biden
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/.
Wowee! President Biden's Inflation Control Act is just killing it since a year ago! Thanks for posting!
Originally posted by: tom
Pj is welcome to point out 1 developed country that grew jobs in 2020.
And maybe you can point out one developed country that didnt experience inflation after COVID.
What a fun game you created.
Originally posted by: tom
But I do wonder if stupid Tom would like to research wage growth "under Biden" and compare THAT with the last 40 years.
There is no escaping real wages declined under biden
https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/.
Stupid Tom's graph shows the exact opposite! LOL!
Originally posted by: PJ Stroh
And maybe you can point out one developed country that didnt experience inflation after COVID.
What a fun game you created.
biden increased the money supply at 4 times the normal rate; which created inflation.
The attached list shows almost every developed country had lower inflation than the US; led by Japan at 0.81% in 2021.
https://www.inflation.eu/en/inflation-rates/cpi-inflation-2021.aspx
Stupid Tom's graph shows the exact opposite! LOL!
As usual kevin can't read; but I will help. Starting in 2021 the black line is inflation & the blue line is wage increase. When the blue line is below the black line that is bad. For 2 years the black line was above the blue line. For less than a year the blue line has been above the black line. This short term growth doesn't make up for the 2 bad years.
Originally posted by: tom
Stupid Tom's graph shows the exact opposite! LOL!
As usual kevin can't read; but I will help. Starting in 2021 the black line is inflation & the blue line is wage increase. When the blue line is below the black line that is bad. For 2 years the black line was above the blue line. For less than a year the blue line has been above the black line. This short term growth doesn't make up for the 2 bad years.
You'll believe what you want. That's obvious. We also know how you "interpret" statistics.
You're such a simplistic thinker. "That is bad." But isn't it a good thing when wages increase, even if at some given time, they don't outpace inflation? Would you rather wages shrank?
Anyway...you're a fucking ideologically blinded idiot, so have a nice day, if you can.
Originally posted by: Kevin Lewis
Stupid Tom's graph shows the exact opposite! LOL!
Kevin doesn't grasp the concepts of real wages and and employment participation rate.
Originally posted by: Boilerman
Kevin doesn't grasp the concepts of real wages and and employment participation rate.
Boiler, I already schooled you on your unhealthy fascination with labor participation rate.