A new Harris poll for The Guardian found that the majority of Americans believe that the U.S. is in a recession.
This is patently untrue.�
The U.S. is experiencing an ...
Pretending that Biden / Democrats don’t have any power to even attempt to address this in even the most mild way is plain stupid.
And please don’t reply with a “you think Biden has the power unilaterally force them to lower their prices?!”
No, I don’t.
But what I DO think is that power of the bully pulpit of the highest office in the land allows the president to openly target and vilify (righteously I might add) companies and even individual CEOs that are doing things like this and turn the public ire against them in a focused manner.
Additionally, Democrats can do things in a Machiavellian manner that would make life a fucking nightmare for some of these people. Just get the IRS to go after some of these CEOs. Investigate them for this price gouging that we know that they’re doing. Suspend their business licenses.
Have the FDA tell them they’re not authorized to sell milk anymore or some shit I don’t fucking care.
Don’t tell me the Supreme Court’s gonna overturn it because I don’t care. In the meantime that they hadn’t overturned it we get wins and even if the Supreme Court does overturn it it’s more ammunition to point and say “look at what they’re taking away from us! We’re trying to fix things, and these Republicans in office keep undoing what would help make your lives better!”
Instead, they do nothing and say “well we couldn’t do that even if we wanted to because the Republicans would stop us” and then when you get angry and complain they say “oh well what do you want Trump to be in office instead?!”
This fucking handwaving shit has got to stop or Trump is going to fucking win again. Jesus Christ. Fucking forgive medical debt. Fucking forgive student loans. Just do some sweeping shit. I don’t care if everyone’s going to complain about the legality of it. Push the limits of your power. Trump did it and got away with it and it was evil shit like the Muslim travel ban.
AT LEAST ATTEMPT TO DO SOME GOOD WITH THE POWER YOU HAVE TO SHOW US THAT YOU ARE TRYING!
It is, in fact, time to stop being the bigger person and start being the more effective person. I don’t care if we set an example, let’s get some shit done.
Doing enough should be dragging price gouging executives through the street. But I guess wagging a finger at them will definitely make my grocery bill go down🤷🏼♂️
Man, the way they calculated this statistic is so misleading, and counter intuitive to the claim it’s ridiculous.
The only reason for “real wage growth” is shown as outpacing inflation is because they aren’t counting people who lost their job because of COVID as a loss of income, but as someone exiting the job market.
Basically “wages” increased because the majority of people who lost their jobs were low income earners, leaving more white collar jobs to represent wage earnings.
It’s in the article you linked as a source… Did you not read it?
As the figure shows, average real wages rose sharply at the onset of the pandemic, but that’s because the bottom dropped out of the labor market when millions of lower-wage workers lost their jobs. Average real wages then fell sharply in the pandemic recovery as many of those lower-wage workers returned to work, pulling down the average.
The problem with economic studies is that they are usually made by people trying to argue one point or another, it’s not the same as scientific study where proving or disproving your hypothesis is an academic benefit either way.
It makes it easy to quantify, something unlike “wages out pacing inflation”, you just have to redifine some terms, and then something like thousand of lay offs becomes a net positive instead of a bleak reality.
Point taken. Still, though, the commenter I was replying to seemed to be suggesting stagnant wages and minimum wage both need attention. Despite the fact that the post-Covid wage gain boost seems to be an artifact of a labor market distortion, the rest of my sources show very real and very public pushes for measures that could meaningfully address the stagnation if they were passed into law. If effort is what people are clamoring for, there seems to be no shortage of it. It just seems to me that folks don’t like to engage with the actual political realities of our situation, whereby we still need a broad consensus to achieve any legislative movement, and that broad consensus is impossible as long as Republicans share power at the Congressional level. They seem to be blaming Democrats for the fact that Republicans exist and are intransigent.
Because grocery prices aren’t high because the economy is doing poorly. We are being price gouged by grocery cartels.
You are being fooled into blaming Biden for what CEOs are doing to you.
Pretending that Biden / Democrats don’t have any power to even attempt to address this in even the most mild way is plain stupid.
And please don’t reply with a “you think Biden has the power unilaterally force them to lower their prices?!”
No, I don’t.
But what I DO think is that power of the bully pulpit of the highest office in the land allows the president to openly target and vilify (righteously I might add) companies and even individual CEOs that are doing things like this and turn the public ire against them in a focused manner.
Additionally, Democrats can do things in a Machiavellian manner that would make life a fucking nightmare for some of these people. Just get the IRS to go after some of these CEOs. Investigate them for this price gouging that we know that they’re doing. Suspend their business licenses.
Have the FDA tell them they’re not authorized to sell milk anymore or some shit I don’t fucking care.
Don’t tell me the Supreme Court’s gonna overturn it because I don’t care. In the meantime that they hadn’t overturned it we get wins and even if the Supreme Court does overturn it it’s more ammunition to point and say “look at what they’re taking away from us! We’re trying to fix things, and these Republicans in office keep undoing what would help make your lives better!”
Instead, they do nothing and say “well we couldn’t do that even if we wanted to because the Republicans would stop us” and then when you get angry and complain they say “oh well what do you want Trump to be in office instead?!”
This fucking handwaving shit has got to stop or Trump is going to fucking win again. Jesus Christ. Fucking forgive medical debt. Fucking forgive student loans. Just do some sweeping shit. I don’t care if everyone’s going to complain about the legality of it. Push the limits of your power. Trump did it and got away with it and it was evil shit like the Muslim travel ban.
AT LEAST ATTEMPT TO DO SOME GOOD WITH THE POWER YOU HAVE TO SHOW US THAT YOU ARE TRYING!
Agreed.
It is, in fact, time to stop being the bigger person and start being the more effective person. I don’t care if we set an example, let’s get some shit done.
Democrats are already moving in the direction you want them to, but I’m sure you have a great excuse as to why they aren’t doing enough.
https://time.com/6977026/democrats-biden-executive-authority-grocery-prices/
Doing enough should be dragging price gouging executives through the street. But I guess wagging a finger at them will definitely make my grocery bill go down🤷🏼♂️
They could address stagnant wages in the midst of record inflation. What’s minimum wage again?
https://www.reuters.com/legal/government/us-appeals-court-upholds-bidens-15-minimum-wage-recreational-contractors-2024-04-30/
https://www.courthousenews.com/democrats-push-for-17-minimum-wage-by-2028/
https://www.cnn.com/2021/01/26/politics/congress-15-dollar-minimum-wage-increase-democrats/index.html
Furthermore, wage growth has been beating inflation for the most recent 12 months.
Man, the way they calculated this statistic is so misleading, and counter intuitive to the claim it’s ridiculous.
The only reason for “real wage growth” is shown as outpacing inflation is because they aren’t counting people who lost their job because of COVID as a loss of income, but as someone exiting the job market.
Basically “wages” increased because the majority of people who lost their jobs were low income earners, leaving more white collar jobs to represent wage earnings.
Source?
It’s in the article you linked as a source… Did you not read it?
The problem with economic studies is that they are usually made by people trying to argue one point or another, it’s not the same as scientific study where proving or disproving your hypothesis is an academic benefit either way.
It makes it easy to quantify, something unlike “wages out pacing inflation”, you just have to redifine some terms, and then something like thousand of lay offs becomes a net positive instead of a bleak reality.
Point taken. Still, though, the commenter I was replying to seemed to be suggesting stagnant wages and minimum wage both need attention. Despite the fact that the post-Covid wage gain boost seems to be an artifact of a labor market distortion, the rest of my sources show very real and very public pushes for measures that could meaningfully address the stagnation if they were passed into law. If effort is what people are clamoring for, there seems to be no shortage of it. It just seems to me that folks don’t like to engage with the actual political realities of our situation, whereby we still need a broad consensus to achieve any legislative movement, and that broad consensus is impossible as long as Republicans share power at the Congressional level. They seem to be blaming Democrats for the fact that Republicans exist and are intransigent.
Bidens only response is asking them to stop price gouging then doing nothing when they don’t stop screwing Americans
why do people think nothing has been done?
Right. Fuck, better go back to trump because Biden didn’t solve it.
Get the Mexicages back out, remove presidential term limits, let’s do a day ™ of fascism and put anyone who trump owes money back in charge!
I’m not saying this is your perspective but this is the kind of stupid in reading here that starts from the same perspective.