Quote:
Originally Posted by ThermionicScott
Inflation has been below target for years. I won't disagree that the ratio of CEO pay versus employee pay hasn't been getting more ridiculous, and that many are underemployed, but to say that our economy as a whole is "struggling" is sensationalism. The Great Depression was struggling.
Not to mention once automation replaces most of our jobs in the next few years. Everybody's ready for retirement, right?  |
The economy improved under Obama but mode income has not kept up with inflation in the rental and housing sectors for over a decade.
Just because consumer products like TP are cheap does not mean primary expenditures have not inflated faster than income.
And primary costs are the most important expense for most people.
My rent has doubled in the last 8 years for example, but my income has not doubled.
You will find similar situations in most (but not all) parts of the country