There has been no real rise for workers since the 1970’s, and we’re times more productive. Like the 1920’s, the wealth has been rising to the top, the middle class has been shrinking, and welfare for the wealthy has also been rising. Holy Calvin Coolidge!
But gas prices are down, and that’s what you were griping about when wages were up higher than they were 12 months prior. All this does is prove that you only know how to complain which makes you essentially useless.
Al is in favor of a Wage/Price Spiral apparently. Come on, Al – spill! How are you personally going to profit from that? What’s your secret? What? TRUMP NFT’s???
There are three types of lies, lies, darned lies(really, GoComics) and statistics. Mr. Goodwynn is guilty of all three.
The truth is that the first half of 2022 inflation was beating wages. The second half of the year wages were beating inflation. Currently inflation is 7.1%. It was 9% in June. That averages out to 8%, but it is an encouraging trend.
Presidents can do little about the economic forces that drive inflation and wages. That’s really on Congress – they can write laws that increase the minimum wage and they control gov’t spending, a factor in inflation). But the president will get the blame for the bad times and take credit for the good.
Daeder over 1 year ago
Wages are up, but they are still being outpaced by greedflation-driven price increases.
Too bad America no longer enforces its anti-trust laws. The “free” market sure could use some competition right about now.
Flashaaway over 1 year ago
Bit too simplistic Al, where would wages be if the repubs were in office? Below rock bottom I suspect without any rises in years.
VegaAlopex over 1 year ago
There has been no real rise for workers since the 1970’s, and we’re times more productive. Like the 1920’s, the wealth has been rising to the top, the middle class has been shrinking, and welfare for the wealthy has also been rising. Holy Calvin Coolidge!
ibFrank over 1 year ago
Wow, Al wants to increase minimum wage.
baroden Premium Member over 1 year ago
But gas prices are down, and that’s what you were griping about when wages were up higher than they were 12 months prior. All this does is prove that you only know how to complain which makes you essentially useless.
Patjade over 1 year ago
I guess things are different in Uncle Al’s Funhouse Mirror Universe.
adunano367 over 1 year ago
The “President”, no matter who, cannot change or control global labor costs. Blaming the “President” is an exercise in futility.
walfishj over 1 year ago
And neither Mr. Goodman nor his GOP associates have a solution either.
James Deveney Premium Member over 1 year ago
Good thing your are drawer of comics cause you sure fail at economics.
thelordthygod666 over 1 year ago
Wages are up 7% this year over last (Al can’t even tell a good fib anymore). [https://tradingeconomics.com]
Valiant1943 Premium Member over 1 year ago
And what exactly do corporate profits look like?
Another Take over 1 year ago
Al is in favor of a Wage/Price Spiral apparently. Come on, Al – spill! How are you personally going to profit from that? What’s your secret? What? TRUMP NFT’s???
Never mind.
ChristopherBurns over 1 year ago
There are three types of lies, lies, darned lies(really, GoComics) and statistics. Mr. Goodwynn is guilty of all three.
The truth is that the first half of 2022 inflation was beating wages. The second half of the year wages were beating inflation. Currently inflation is 7.1%. It was 9% in June. That averages out to 8%, but it is an encouraging trend.
Presidents can do little about the economic forces that drive inflation and wages. That’s really on Congress – they can write laws that increase the minimum wage and they control gov’t spending, a factor in inflation). But the president will get the blame for the bad times and take credit for the good.
piper_gilbert over 1 year ago
What is the Republican stance on the minimum wage?
Al Goodwyn creator over 1 year ago
Here are the year over year data on wages and inflation looking back to when Biden started and from one year ago:
Jan ’21: wages up 5.3%, inflation up 1.4% —
Nov ’21: wages up 5.3%, inflation up 6.8% – wages the same, inflation goes up, real wages are down —
Nov ’22: wages up 5.1%, inflation up 7.1% – wages drop, inflation goes up, real wages are down—
Biden is correct that inflation is easing but he’s looking at a very small sample set of data. It’s a little early for spiking the ball.
Radish the wordsmith over 1 year ago
Republicans love to see the USA failing and they intend to make it worse.
s49nav over 1 year ago
Duck, or the FBI will open fire.
apfelzra Premium Member over 1 year ago
Yeah, and deaths from COVID-19 are also way down; any reason this fact is not important to you?
Radish the wordsmith over 1 year ago
‘It’s Personal’: Biden Highlights Law Helping Veterans Exposed to Burn Pits
President Biden has long blamed the brain cancer that killed his son, Beau, on toxic exposure during the Iraq war.
Radish the wordsmith over 1 year ago
On The Money — Biden gives Congress more time on funding deal
Ivan the Terrible over 1 year ago
Careful, Al, some people hate the simple truth.