Isn't it kind of obvious that the country is better off than it was four years ago? #doesntmeanthatsgoodenough
@speechboy71 That's part of problem w/this discussion. W/rising inequality, even w/econ turning around, for actual PEOPLE it's often not.
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@emptywheel Well sure it's all relative. But you can't discount stats r -
@speechboy71 I'm not discounting stats. I'm pointing out that many of them: quality of job and net worth, among others, show econ is worse. -
@emptywheel Right and others show improvement! -
@speechboy71 Which is why the "are YOU"--not "is the guy who owns your business better off" is the question. You're focusing on latter.
End of conversation
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@emptywheel finish that thought. Can't discount stats that stronger growth, lower unemployment, business investment etc -
@speechboy71 GDP growth: benefits rich. Lower UE but lower wages: benefits rich. Business invest: benefits rich. Voila! THere's your econ. -
@emptywheel Well I dont think it's that simple -
@speechboy71 I'm not trying to simplify. I'm trying to say w/inEQ, the old stats aren't the ones to look to, bc improvments not shared. -
@emptywheel But go back to perception argument. If you have a job today and didn't 4 years ago you're likely to think you're better off -
@speechboy71 Depends. Did you lose your house and your savings, and after 99 weeks start at McDonalds? That's a common type of story. -
@emptywheel Sure, that's a great counter example -
@speechboy71 It's not a COUNTER argument. We KNOW the new jobs are low paying. So we KNOW the trend is in that direction. - 3 more replies
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