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The king Bernie Sanders based take. (sh.itjust.works)

submitted 2 weeks ago by Joker@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works

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[–] pachrist@lemmy.world 20 points 2 weeks ago (2 children)

My wife is a teacher, so we use her healthcare, but I still peek in at the healthcare at my job when enrollment comes along, just to be diligent.

It went up 20% this year, from $600 to $720. If you make $30K a year and got a 3% cost of living adjustment, you make less this year than last year from healthcare alone.

Food, gas, rent, cars, childcare, utilities, everything is up. I guess it's cool that US steel or something might be doing well, and the stock market is up, but that minimally affects the day to day of most people.

[–] derf82@lemmy.world 8 points 2 weeks ago

My raises, baring promotion, are 2% a year. I did the math. I’ve lost $10,000 a year to inflation at this point. In aggregate it’s around $22,000 at this point.

[–] stringere@sh.itjust.works 7 points 2 weeks ago (1 children)

And yet every newscast has a stock ticker. Even NPR gives the stock index ratings several times a day.

[–] JasonDJ@lemmy.zip 2 points 2 weeks ago

Even Trump loved ranting about his stock market.

Stock markets are just one measure though. Just like you don't know the weather by just looking at a thermometer, you don't know the economy by just looking at the stock market.