@speechboy71 Still, a TON of people have spent the last 3 years trying to keep their home, wasting all their savings.
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Replying to @emptywheel
@emptywheel Right it's quite a challenge - pointing out that the economy IS better while not ignoring real suffering that continues3 replies 0 retweets 0 likes -
Replying to @speechboy71
@speechboy71 That's part of problem w/this discussion. W/rising inequality, even w/econ turning around, for actual PEOPLE it's often not.2 replies 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel finish that thought. Can't discount stats that stronger growth, lower unemployment, business investment etc1 reply 0 retweets 0 likes -
Replying to @speechboy71
@speechboy71 GDP growth: benefits rich. Lower UE but lower wages: benefits rich. Business invest: benefits rich. Voila! THere's your econ.1 reply 0 retweets 0 likes -
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Replying to @speechboy71
@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.2 replies 0 retweets 0 likes -
Replying to @emptywheel
@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 off3 replies 0 retweets 0 likes -
Replying to @speechboy71
@speechboy71 Depends. Did you lose your house and your savings, and after 99 weeks start at McDonalds? That's a common type of story.1 reply 0 retweets 0 likes -
Replying to @emptywheel
@emptywheel Sure, that's a great counter example2 replies 0 retweets 0 likes
@speechboy71 Which is why UE (even ignoring lower participation rate) is not the stat to look at.
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