Row 72509
Content Data
This page contains data entry 72509 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.
>Imagine trying to sell people that things are wonderful
If people thought the economy was good in Feb 2020 with sub 4% unemployment and real wages of $11.01 then they must also think the economy is good now with sub 4% unemployment and real wages about 1% higher.
In nominal terms it's about $500 more per year. Maybe you're rich enough that $500 more per year isn't much but I wouldn't turn that down.
>Imagine picking this as your hill to die on.
When people keep saying "wages are down! people have less purchasing power" and the data flatly contradicts that then, yes, it's a hill worth dying on. Reality being the opposite of what you claim is pretty important and relevant.
>If we use Q32020 to Q12024, we go from 384 down to 365.
If you use that then what you're telling me is you have no idea why the Q32020 number is so high.
| Field | Value |
|---|---|
| text | >Imagine trying to sell people that things are wonderful If people thought the economy was good in Feb 2020 with sub 4% unemployment and real wages of $11.01 then they must also think the economy is good now with sub 4% unemployment and real wages about 1% higher. In nominal terms it's about $500 more per year. Maybe you're rich enough that $500 more per year isn't much but I wouldn't turn that down. >Imagine picking this as your hill to die on. When people keep saying "wages are down! peopl… |
| label | r/economics |
| dataType | comment |
| communityName | r/Economics |
| datetime | 2024-05-24 |
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Raw Record
{
"text": ">Imagine trying to sell people that things are wonderful\n\nIf people thought the economy was good in Feb 2020 with sub 4% unemployment and real wages of $11.01 then they must also think the economy is good now with sub 4% unemployment and real wages about 1% higher.\n\nIn nominal terms it's about $500 more per year. Maybe you're rich enough that $500 more per year isn't much but I wouldn't turn that down.\n\n>Imagine picking this as your hill to die on.\n\nWhen people keep saying \"wages are down! people have less purchasing power\" and the data flatly contradicts that then, yes, it's a hill worth dying on. Reality being the opposite of what you claim is pretty important and relevant.\n\n>If we use Q32020 to Q12024, we go from 384 down to 365.\n\nIf you use that then what you're telling me is you have no idea why the Q32020 number is so high.",
"label": "r/economics",
"dataType": "comment",
"communityName": "r/Economics",
"datetime": "2024-05-24",
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}
Entry Information
- Entry ID: 72509
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000