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nothingcorporate to Political Memes@lemmy.world · 2 years ago

Fun fact: 63% of US workers can't afford a $500 expense

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Fun fact: 63% of US workers can't afford a $500 expense

nothingcorporate to Political Memes@lemmy.world · 2 years ago
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SOURCES:

  • https://www.theguardian.com/us-news/2023/sep/15/biden-economy-bidenomics-poll-republicans-democrats-independents
  • https://abcnews.go.com/US/us-poverty-rate-jumped-2022-child-poverty-doubled/story?id=103130527
  • https://www.cnbc.com/2023/08/31/63percent-of-workers-are-unable-to-pay-a-500-emergency-expense-survey.html

Enjoy your strong economy, everybody!

  • nothingcorporateOP
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    2 years ago

    YUP! Too bad once Reagan got in office GDP began to completely separate from wages:

    Source: https://aneconomicsense.org/2015/02/13/why-wages-have-stagnated-while-gdp-has-grown-the-proximate-factors/

    • RGB3x3@lemmy.world
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      2 years ago

      Ah, good. You can see exactly when Reagan fucked everything for everyone but the top earners.

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