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Started By
Message
U.S. Economy Has Been in a “Silent Depression” For 20 Years
Posted on 5/30/25 at 8:00 am
Posted on 5/30/25 at 8:00 am
This video does an excellent job with the data and charts to back it up.
Year 2000 was as good as it gets for the majority of the population.
REAL wages haven’t increased since 1983.
LINK
Year 2000 was as good as it gets for the majority of the population.
REAL wages haven’t increased since 1983.
LINK
12
Posted on 5/30/25 at 8:08 am to Hussss
No it hasn't.
But companies and CEOs have made more and refused to increase wages for the employees
But companies and CEOs have made more and refused to increase wages for the employees
Posted on 5/30/25 at 8:14 am to HailToTheChiz
quote:
companies and CEOs have made more and refused to increase wages for the employees
They learned some new tricks during covid
Posted on 5/30/25 at 8:15 am to Hussss
quote:
REAL wages haven’t increased since 1983
lol
Posted on 5/30/25 at 8:20 am to Hussss
quote:
REAL wages haven’t increased since 1983.
they did under Trump in his first term, but all was lost and then some under Biden. People need to let the man cook and quit tasting before it's ready.
Posted on 5/30/25 at 8:48 am to HailHailtoMichigan!
You think this is funny?
Posted on 5/30/25 at 8:53 am to Hussss
The dollar is worth half of what it was in 1998. So for Gen X, just cut your 401K in half to get a sense of your worth as you knew growing up. It’s a helpful gut check for me
Posted on 5/30/25 at 8:58 am to jamiegla1
quote:1998 is up there on the Rushmore of years for us Xennials
in 1998
Posted on 5/30/25 at 9:05 am to Hussss
We’ve never recovered from the post-9/11 monetary and bureaucratic policies.
Posted on 5/30/25 at 9:07 am to The Boat
quote:
We’ve never recovered from the post-9/11 monetary and bureaucratic policies.
The terrorists won. Fatal blow.
Posted on 5/30/25 at 9:26 am to HailToTheChiz
quote:
No it hasn't.
But companies and CEOs have made more and refused to increase wages for the employees
When you dont have a real economy(fake printed money) and you have massive overregulation and red tape that stifles competition...this happens
Posted on 5/30/25 at 9:58 am to The Boat
quote:
We’ve never recovered from the post-9/11 monetary and bureaucratic policies.
Truth. Right as we were beginning to claw our way out when the GFC hit. From that point on, we have been trying to bail out a sinking boat, as if thinking that the problem is that we're sinking only because we haven't been bailing fast enough.
Risk rises as Debt-to-GDP gets into the 116%-130% range. Taking intragovernmental debt into account (because it's not like those agencies are just going to take hits to their bottom lines), we're somewhere around 121%-124% right now.
We've been over 100% since Q4 2015 and over 115% since Q1 2020.
For reference purposes, the "sweet spot" is generally considered to be ~60%.
All of that debt compounds even though it's being serviced and that compounding doesn't stop until there's a balanced budget (which includes debt servicing and that's already a very large chunk of tax revenues).
Posted on 5/30/25 at 10:10 am to Dawgfanman
quote:
The terrorists won. Fatal blow.
Looking back almost 25 years from the event, it's pretty incredible how effective those attacks were against the US, and the world as a whole, too. We are still recovering from the attack, and I don't know if we ever will.
frick those dudes.
Posted on 5/30/25 at 10:15 am to Dawgfanman
quote:
The terrorists won. Fatal blow.
Absolutely! I have said this 1000 times. Bin Ladin achieved everything he ever wanted and more. I don't think it came exactly the way he thought it would, but it worked
Posted on 5/30/25 at 10:34 am to mule74
quote:
Bin Ladin
You misspelled Israel.
Posted on 5/30/25 at 10:54 am to tigeralum06
quote:
You misspelled Israel.
You misspelled CIA.
Posted on 5/30/25 at 11:00 am to Hussss
quote:
REAL wages haven’t increased since 1983.
Maybe a stupid question...why do real wages need to increase? I understand not wanting real wages to decrease but what if they just hold serve year after year and the standard of living that those real wages are affording continues to improve....
Posted on 5/30/25 at 12:23 pm to lynxcat
The price of mostly everything goes up every year. Therefore, if real wages aren’t also simultaneously increasing, we are able to buy less every year.
Posted on 5/30/25 at 1:03 pm to TigerSaintInDallas
quote:Oh boy.
The price of mostly everything goes up every year. Therefore, if real wages aren’t also simultaneously increasing, we are able to buy less every year.
The price of mostly everything goes up every year. That's called inflation. Real wages are inflation adjusted measurements.
Posted on 5/30/25 at 1:12 pm to Hussss
quote:
REAL wages haven’t increased since 1983.
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