rddman t1_j1hlleq wrote
Reply to comment by JuliusErrrrrring in Content from sources with a right-leaning ideological slant gain more visibility on Twitter, an advantage in the attention economy that social media creates by marketrent
> the following is 100% true: 1. there are more people currently employed than at any point in U.S. history 2. wages are higher than at any point in U.S. history 3. GDP is at the highest point in U.S. history 4. about 11 million jobs have been added to the economy in the last 21 months
100% true but also incomplete: cost of living is higher than ever.
JuliusErrrrrring t1_j1insbx wrote
That’s exactly my point. My point is the reporting is incomplete. Inflation and cost of living has been the only story for over a year. Everything I just said-which is why inflation is so high, has been ignored due to political bias in reporting.
rddman t1_j1j23w9 wrote
> Inflation and cost of living has been the only story for over a year. Everything I just said-which is why inflation is so high
Everything you said has been true more than a year ago, while inflation and cost of living were not as high as they have been for the past year. So it does not follow that the things you mentioned are the cause of high inflation.
JuliusErrrrrring t1_j1j8jch wrote
That's an odd take. You think record wages, record employment, record GDP - thus record spending don't contribute to inflation? More than 11 million people working and spending more than 20 months ago doesn't contribute to inflation? You think inflation is only due to supply issues and demand plays no role?
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