JuliusErrrrrring

JuliusErrrrrring t1_j23w13n wrote

I think it fits perfectly. There are two men equally spending for a gun. To muddy the waters with a statistic like price per gun per income is misleading. Military spending per GDP is equally as misleading and it is misleading on purpose to justify outrageous budgets in the U.S.

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JuliusErrrrrring t1_j21vbth wrote

Defense per GDP is a biased statistic invented by pro defense budget people in the U.S. The U.S. has by far the largest GDP in the world so they use this statistic to water down our gigantic budget into a manipulated number. A poor man with a gun is paying just as much as a rich man with the same gun.

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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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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.

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JuliusErrrrrring t1_j1fxbdg wrote

Just take a step back and realize how bad everyone thinks the economy is, when 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

The media, especially the business and economic media is certainly without a doubt biased - but it's biased in favor of the right wing. Now that inflation is easing they will most certainly switch their narrative to push some new negative narrative while continuing to bury all the positive news.

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