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Johnny2X2X

(23,110 posts)
3. Interested to see the data for years
Wed May 14, 2025, 01:12 PM
May 14

Because Joe Biden had a pretty good 4 year run for working people, people actually saw wage growth in excess of inflation, and that was most pronounced in the bottom 25%.

But this concept and the inability of our leaders to address it is largely why we have lost our Democracy right now. 60% of the population just sees little security, a lite of wanting, and little hope.

I've been on both sides of that divide, I remember all too well of going up to the corner store for a 99 cent loaf of bread and a $1.99 package of bologna and then counting the slices to see if this would feed me for 5 days until pay day and if I had enough mustard left to make sandwiches with. I've been there, where you let the car insurance lapses so you can afford to keep putting gas in your car to get to work. And then you promise to put insurance back on your car next month and that turns into several months until it's time to renew your tabs, which you can't do without proof of insurance so your tabs expire. It's a struggle every week and every month. And then you maybe use credit cards to buy groceries and it's a whole vicious cycle of revolving debt. You're one fender bender from disaster. And you're one car repair from going hungry, or one traffic stop from huge fines for expired plates and no proof of insurance. The majority of the country is living some form of this. It's stress every single day, it's sleepless nights of worry, and it just kind of grinds you down, sucks the joy out of everything. So enough people were desparate enough to believe a used car salesman that he alone would solve all their problems. The hard truth they're all about to learn is that there's absolutely nothing in Trump's polcies for any of them, in fact it's more of the same and a trend that will move that 60% to 8-% or 90%.

And the ologarchy will do everything they can to get that 60% to blame the other 40% when it's really only the 1% that is to blame. As someone who made it to the top 10ish %, the life I am leading is not that different from the midle class life I grew up with in the 70s and 80s. It's the life I saw around me and seemed normal and seemed like most people had a chance at. I own a modest home with a payment than I can afford. Have 2 used cars that are paid off, one is 11 years old, the other 7. Was able to completely get out of credit card debt a while back, and that allowed me a modest savings for emergencies. Saving enough for retirement. I'm not going on vacations, I'm not buying jewelry or going to 5 star restaurants. It's just a normal life. I live on a budget, can afford home or car repairs without too much pain, and just sleep better. It's not too much to ask for for the rest of the country. This country is RICH! And the wealth the country has is a product of the work the bottom 99% does, not the top 1%. Tehy've swindled us, they're getting rich off your work while 60%$ of you struggle for even the basics in life. It's wrong, and this is what we need to address.

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Meanwhile, America's billionaires - the greediest humans on earth - are set to "earn" trillions. Initech May 14 #1
But it'll all trickle down Yo_Mama_Been_Loggin May 14 #4
We'll get our reward in the sweet bye-and-bye LastDemocratInSC May 14 #10
It's exactly how cults recruit new members. Initech May 14 #12
"The Preacher and the Slave"...an old union song. keep_left May 14 #17
The day we working people are finally convinced and we rise as one, then It's on that day billionaires become obsolete. Magoo48 May 14 #14
Agreed! Billionaires should be obsolete. Initech May 14 #15
That's why I can never understand why so many magas vote repuke and are in that 60% category kimbutgar May 14 #2
They just want everyone doing as poorly as they are n/t leftstreet May 14 #8
Interested to see the data for years Johnny2X2X May 14 #3
It's not the direct decrease in 60% living standard it's printing money for the rich that eventually lowers it. uponit7771 May 14 #6
It's the lack of wage growth to follow gains in productivity Johnny2X2X May 14 #13
Interesting point, wage growth **RECENTLY** has been above average that's cause it was trash... uponit7771 May 14 #16
And far too many don't earn at all. OldBaldy1701E May 14 #5
USA! USA! USA! LudwigPastorius May 14 #7
They fear social unrest from middle class, but not the poors leftstreet May 14 #9
The Repuplican Party Mission Statement. twodogsbarking May 14 #11
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