Yield curve inverted again today with no fanfare. I agree with people who say debt is gonna catch up to Uncle Sam but the economy is still churning.
Not for the middle class. The boom hasn't benefited them. For most Americans, they aren't sharing in the economic the boom. https://www.brookings.edu/opinions/...better-for-most-americans-but-there-is-a-fix/ https://www.usatoday.com/story/mone...arent-benefiting-robust-us-economy/705655002/ https://www.theguardian.com/us-news/2019/jan/16/trump-economy-billionaires-working-people
MOST Americans? You sure You make middle class money. You having hard times? All this article talks about is spending. Its all about perspective and relative People have jobs, and are putting food on the table.
Behind a firewall. Is that an article or op-ed? Are Wages Rising or Flat? https://www.factcheck.org/2019/06/are-wages-rising-or-flat/ The mystery of sluggish wages https://www.axios.com/mystery-sluggish-wages-ee7bf523-fc96-47a5-86ed-72e5eddae250.html
i hear a weird little consumer factoid about increased spending right up to recessions. Americans will spend knowing they are about to lose their jobs because, "Might as well get that TV now before I stop working". It's a funny little mindset in this country.
The average has gone up because those at the top have had huge increases and the minimum wage has increased in many places.
Minimum wage is what needed to increase the most. Again we haven't experienced much inflation in the last 20 years either Are gas prices going up? What about food?
That has nothing to do with the topic. You can read the reasons that the middle class isn't experiencing the economic boom if you wish, or you can keep talking about these few things that are positive.
If prices arent going up why do wages need to. People are paid from producing products so yes it does go hand in hand Steady employment for a decade is great news
I'm not debating one way or the other. But I would like to see house and rent prices on a graph in the last 20 years in Austin TX. Rent has to be around 225%-250% increase.
Yes rent in places like Austin and Houston have somewhat to do with the rate of population growth these cities but that is a very fair point
