Row 12734

Row ID: 12734 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 12734 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Sure, six figures isn't impossible these days. But due to years of divergence between costs and wages, six figures is almost a requirement these days for a family.

Its odd how we get these very nuanced and in-depth studies on the impact of labor wages, but we don't get this kind of scrutiny into things like consumer goods prices. Best we can do there is lump together a basket and report its cost month to month.

Wages have been suppressed in a low interest rate environment since 2009, but the moment that wages DO increase, its seen as some harbinger of doom instead of the sentiment "it hasn't broken yet, so keep going".

If it were corporate profits soaring YoY we would all be "it hasn't broken yet, so keep going"

EG: let's keep fed interest rates sub 1% for a decade to keep politicians happy.

FieldValue
text Sure, six figures isn't impossible these days. But due to years of divergence between costs and wages, six figures is almost a requirement these days for a family. Its odd how we get these very nuanced and in-depth studies on the impact of labor wages, but we don't get this kind of scrutiny into things like consumer goods prices. Best we can do there is lump together a basket and report its cost month to month. Wages have been suppressed in a low interest rate environment since 2009, but the…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-20
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Raw Record

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  "text": "Sure, six figures isn't impossible these days. But due to years of divergence between costs and wages, six figures is almost a requirement these days for a family.\n\n\nIts odd how we get these very nuanced and in-depth studies on the impact of labor wages, but we don't get this kind of scrutiny into things like consumer goods prices. Best we can do there is lump together a basket and report its cost month to month.\n\n\nWages have been suppressed in a low interest rate environment since 2009, but the moment that wages DO increase, its seen as some harbinger of doom instead of the sentiment \"it hasn't broken yet, so keep going\". \n\n\nIf it were corporate profits soaring YoY we would all be \"it hasn't broken yet, so keep going\" \n\n\nEG: let's keep fed interest rates sub 1% for a decade to keep politicians happy.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-20",
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Entry Information