Comment on The U.S. economy is booming. So why are tech companies laying off workers?

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derf82@lemmy.world ⁨9⁩ ⁨months⁩ ago

Data can absolutely be misleading. Liars, damn liars, and statisticians, as they say. And trying to produce one number that somehow represents everyone will never work, whatever economists want to think.

The fact is many of the super-poor are doing better because government benefits like social security are indexed to inflation, meaning they are actually keeping up.

Personally, my real earnings are down over $10,000 a year. My whole industry has stagnant wages. Don’t piss on me and tell me it’s raining.

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