Bidenomics

jon-nyc

What’s the high water mark for real wages? Not 1971.

2025

Horace

That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

jon-nyc

I hope Trump doesn’t fuck this up but it’s not looking good.

89th

@Horace said in Bidenomics:

That's a bold arrow. For that graphic artist to be claiming that those numbers are going up. Stunning and brave.

Personally I thought the chart was going from right to left, so I am very happy to have seen the arrow.

89th

@jon-nyc said in Bidenomics:

I hope Trump doesn’t fuck this up but it’s not looking good.

I'm no economist. What are the implications of this. Does this mean people are being paid more (of course) but doesn't that also mean it's expensive as shit to build anything here? Or is this all sunshine and roses if you live in the US of A?

Horace

So that’s why restaurants seemed so cheap in France. Maybe this retiring to Europe thing isn’t so bad.

Axtremus

https://www.bloomberg.com/news/articles/2025-06-04/frothy-tech-returns-helped-mint-an-extra-600-000-millionaires-in-2024

Frothy Tech Returns Helped Mint 600,000 Millionaires Last Year
The number of high-net worth individuals across the globe rose to a record in 2024, driven largely by gains in the US stock market.

The US alone added 562,000 millionaires, a 7.6% increase from the year prior, …

The New Coffee Room

Bidenomics