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re: Poll: Six-figure earners feel they’re in ‘survival mode’

Posted on 11/21/25 at 8:38 am to
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36126 posts
Posted on 11/21/25 at 8:38 am to
quote:

One of those "I did my own research" whackos?


No, you’re quite literally the only person I think I’ve ever heard say that. Even crazy sad politicians who are addicted to lying concede real wages are down
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 8:45 am to
quote:

No, you’re quite literally the only person I think I’ve ever heard say that. Even crazy sad politicians who are addicted to lying concede real wages are down



Ok yea, I'm sure all these bureaucrats who compile cold, hard data for the BLS are just consistently committed to one big lie over decades.

Instead, let's trust politicians who leverage their campaigns by mobilizing voter discontent.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36126 posts
Posted on 11/21/25 at 8:46 am to
quote:

I'm sure all these bureaucrats who compile cold, hard data for the BLS are just consistently committed to one big lie over decades.


Well considering they alter the formula for the CPI to fit their narrative, I agree
Posted by GreatLakesTiger24
Member since May 2012
58820 posts
Posted on 11/21/25 at 8:48 am to
quote:

The ENTIRE POINT of the thread is you SHOULD be able to afford 2 kids on $100k… easily
the Koch brothers wing of Con Inc brainwashed tens of millions into the “tough love, you’re on your own” stuff when it comes to families and money and used the falling birthrates to make them accept mass immigration
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 8:50 am to
quote:

Well considering they alter the formula for the CPI to fit their narrative, I agree



No, they do it based on changes in consumer behavior. You're looking at a basket of goods for things that consumer actually buy.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36126 posts
Posted on 11/21/25 at 8:50 am to
quote:

No, they do it based on changes in consumer behavior.


People don’t buy energy?
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 8:52 am to
quote:

People don’t buy energy?



Energy is part of headline inflation which is factored into real wage growth.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40111 posts
Posted on 11/21/25 at 8:58 am to
I wonder if people currently older than 50 will ever come to terms with the indisputable fact that "necessities" have gone through the roof, while most luxuries have plummeted?

Sure, there are some luxuries that have kept up with/exceeded inflation, but the stuff "your parents wouldn't have dreamed of buying back in their day" are dirt cheap these days. Tvs, computers, cell phones (!!!!!!), streaming (I'm loaded up on streaming services and I pay less in 2025 dollars than my parents paid for cable in 2005 dollars), etc etc.


All that shite is cheap as hell. A person can certainly forego many of those items, but ultimately that has a relatively small effect on their finances.

When will these people realize that cutting out "wants/luxuries" doesn't have nearly the same effect it had 40 years ago?



Let's not even touch on the fact that many of these olds despise the notion of remote work, while simultaneously advising young people to move out of urban economic areas and live in exurbs/rural. That's really rich.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36126 posts
Posted on 11/21/25 at 9:00 am to
quote:

Sure, there are some luxuries that have kept up with/exceeded inflation, but the stuff "your parents wouldn't have dreamed of buying back in their day" are dirt cheap these days. Tvs, computers, cell phones (!!!!!!), streaming (I'm loaded up on streaming services and I pay less in 2025 dollars than my parents paid for cable in 2005 dollars), etc etc.


My high deductible health plan that doesn’t cover shite costs more every 2 weeks than my internet and streaming services costs every month.
Posted by GetMeOutOfHere
Member since Aug 2018
1008 posts
Posted on 11/21/25 at 9:01 am to
quote:

Well considering they alter the formula for the CPI to fit their narrative, I agree


Inflation isn't bad when you take out the stuff that people need!
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 9:05 am to
quote:

Inflation isn't bad when you take out the stuff that people need!



What do you think they are taking out?
Posted by Bunk Moreland
Member since Dec 2010
66173 posts
Posted on 11/21/25 at 9:08 am to
quote:

Inflation isn't bad when you take out the stuff that people need!

Loading Twitter/X Embed...
If tweet fails to load, click here.
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 9:12 am to
One politically-biased economist posting a cherry-picked graph on twitter for argumentative purposes has nothing to do with how the BLS measures real wage growth. Food, energy, shelter, and used cars are all included by BLS.
Posted by GetMeOutOfHere
Member since Aug 2018
1008 posts
Posted on 11/21/25 at 9:17 am to
I can include food as 0.05% of the weighted average and voila, it's "included" as part of the CPI.
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 9:20 am to
quote:

I can include food as 0.05% of the weighted average and voila, it's "included" as part of the CPI.



Cool - but it is more like 14%. The calculations are all transparent and published in detail.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36126 posts
Posted on 11/21/25 at 10:24 am to
quote:

One politically-biased economist posting a cherry-picked graph on twitter for argumentative purposes has nothing to do with how the BLS measures real wage growth. Food, energy, shelter, and used cars are all included by BLS.


Urinetrouble - “give me an example”

tOT - “here’s an example”

Urinetrouble - “that example doesn’t count because it disputes my claim”
Posted by GetMeOutOfHere
Member since Aug 2018
1008 posts
Posted on 11/21/25 at 10:25 am to
They've got transportation at 16% or so. That seems a bit high; are there that many truck nuts out there?

BLS excel sheet
Posted by gaetti15
AK
Member since Apr 2013
14656 posts
Posted on 11/21/25 at 10:40 am to
quote:

My high deductible health plan that doesn’t cover shite costs more every 2 weeks than my internet and streaming services costs every month.


Yep family bcbs basic. I will be paying $400+ premium every paycheck.
Posted by urinetrouble
Member since Oct 2007
20617 posts
Posted on 11/21/25 at 10:43 am to
quote:

Urinetrouble - “give me an example”

tOT - “here’s an example”

Urinetrouble - “that example doesn’t count because it disputes my claim”


The graph I previously posted is based on BLS real wage statistics, which doesn't have those categories stripped out. So yes, tweet by Paul Krugman indicating what the CPI would be without those categories doesn't dispute my claim at all. In fact, the tweet that was shared even had a little disclaimer on the bottom as to why it is misleading and gave the headline CPI number.
Posted by boosiebadazz
Member since Feb 2008
84252 posts
Posted on 11/21/25 at 10:50 am to
Lifestyle creep is a real thing. It takes discipline from both parties to see it and stave it off.
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