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   nyc.politics      Politics specific to New York City      92,003 messages   

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   Message 91,605 of 92,003   
   max headroom to All   
   Re: Here's who's buying panic rooms and    
   18 May 24 19:56:11   
   
   XPost: alt.security.alarms, alt.home.repair, alt.politics.democrats   
   XPost: talk.politics.guns, sac.politics   
   From: maximusheadroom@gmx.com   
      
   In news:v2b9vq$2vnu4$8@dont-email.me, Bob F  typed:   
      
   > On 5/17/2024 5:34 AM, Scout wrote:   
   >> "Bob F"  wrote in message   
   >> news:v2667j$1qk33$1@dont-email.me...   
   >>>> On 5/16/2024 4:34 PM, max headroom wrote:   
      
   >>>>> Americans' real weekly earnings dropped sharply in April and still remain   
   >>>>> well below their level when President Joe Biden first took office,   
   >>>>> according to data from the Bureau of Labor Statistics (BLS).   
      
   >>>>> Real average weekly earnings fell to $1,191.93 in April, declining by   
   0.4%   
   >>>>> in the month and 4.8% compared to the start of Biden's term in January   
   >>>>> 2021, according to data calculated by the Daily Caller News Foundation   
   >>>>> from the BLS. Prices have risen over 19% since Biden first took office   
   and   
   >>>>> 3.4% in the last year, degrading the value of Americans' wages.   
      
   >>>>> The decline in earnings is also due in part to a decrease in the average   
   >>>>> number of weekly hours worked, which fell from 34.9 in January 2021 to   
   >>>>> 34.2 in April, according to the BLS.   
      
   >>>>> Real wages have been degraded due to persistently high inflation under   
   >>>>> Biden, which was measured in April at 3.4% year-over-year after peaking   
   at   
   >>>>> 9% in June 2022.   
      
   >>> And in the meanwhile, Biden, and the Democratic Party has brought   
   >>> never before seen increases in the minimum wages paid to the lowest   
   >>> paid workers in many parts of this country, despite the never ending   
   >>> opposition of trump and the GOP.   
      
   >> Resulting in a lose of jobs.. and people now making nothing.   
   >> Further local inflation is rapidly eating away at any increase in   
   >> wealth such a pay increase would suggest as prices rise sharply   
   >> across the board.   
      
   >> Welcome the the home of the $20 big Mac meal.   
      
   > Loss of jobs is GOP idiocy.   
      
   Loss of jobs is economic reality. If an employee doesn't make the business more   
   than his costs, he's a liability.   
      
   > Record new jobs is what happened.   
      
   Covid layoffs returning to work is what happened, plus part-time 2nd jobs.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)   

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