Row 89095

Row ID: 89095 | Dataset Entry | Axioma AXP Content Repository

Content Data

This page contains data entry 89095 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

Target inflation is 2%, not over 3%.

Worker participation is down, and a significant percentage of job increases are part time.

Real wages are up, but where? And prices and nominal wages constantly chase each other, so the minute its calculated, its already out of date, as wages rise, so do costs.

That is bad, not good.

The worst time for lower income households isnt right as inflation spikes.

Its the drag of that inflation months afterwards even as their wages slowly catch up and everything tries to head towards equalibrium.

This drag kills enthusiasm for the government that is supposed to fix things, and did so by saving banks and large corporations.

This is the same drag people were feeling while the country was recovering from the Great Recession and elected Trump.

FieldValue
text Target inflation is 2%, not over 3%. Worker participation is down, and a significant percentage of job increases are part time. Real wages are up, but where? And prices and nominal wages constantly chase each other, so the minute its calculated, its already out of date, as wages rise, so do costs. That is bad, not good. The worst time for lower income households isnt right as inflation spikes. Its the drag of that inflation months afterwards even as their wages slowly catch up and everyt…
label r/economics
dataType comment
communityName r/Economics
datetime 2024-05-25
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Raw Record

{
  "text": "Target inflation is 2%, not over 3%.\n\nWorker participation is down, and a significant percentage of job increases are part time.\n\nReal wages are up, but where?  And prices and nominal wages constantly chase each other, so the minute its calculated, its already out of date, as wages rise, so do costs.\n\nThat is bad, not good.\n\nThe worst time for lower income households isnt right as inflation spikes.  \n\nIts the drag of that inflation months afterwards even as their wages slowly catch up and everything tries to head towards equalibrium.  \n\nThis drag kills enthusiasm for the government that is supposed to fix things, and did so by saving banks and large corporations.  \n\nThis is the same drag people were feeling while the country was recovering from the Great Recession and elected Trump.",
  "label": "r/economics",
  "dataType": "comment",
  "communityName": "r/Economics",
  "datetime": "2024-05-25",
  "username_encoded": "Z0FBQUFBQm5Lak1xbkw2aEktSW5abWlFa0dZV2t6eUt4X2FZS0RCWEJMUWhGRFVtbXdsRjZ5Sk0zb0VkTDRBM3JiMFpzWUJMYWRqYU1YVWRUb0RpOWpnN3VhR0dqd0hIZnc9PQ==",
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}

Entry Information