Bidenomics At Work
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All while real wages are rising and inflation is back down.
I wonder how much of it is related to the end of the student loan moratorium.
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Talk to real people and I think you'll find that inflation has been so bad, the rise in real wages does not begin to dig them out of a hole.
Just as a minor example...The buzz around my community lately was the price of potatoes at Walmart... $13 and change for a ten pound bag. That gripe competes with guys talking about the price of a new pickup.
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We're still having a hard time finding people to interview. We had a technician position open, and had one applicant, who we reached out to in the first place.
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@Doctor-Phibes said in Bidenomics At Work:
We're still having a hard time finding people to interview. We had a technician position open, and had one applicant, who we reached out to in the first place.
Is that because the regional economy is booming?
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@Jolly said in Bidenomics At Work:
@Doctor-Phibes said in Bidenomics At Work:
We're still having a hard time finding people to interview. We had a technician position open, and had one applicant, who we reached out to in the first place.
Is that because the regional economy is booming?
If I'm honest, I don't really know why it's like this. Economic reports don't imply that we're booming here, but actual hiring actual people is tough. I spoke to the guy working in the cafeteria, and they can't get staff for love nor money.
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Wage problems?
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@Mik said in Bidenomics At Work:
$13? Wow. $7 for 10 lbs at Kroger here. $9 at Walmart.
Could be shipping, I dunno. That, and I'm ignorant of how Walmart sets prices. I do know you can see some variation between stores.
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Well, that's a used Corolla and a studio apartment on the East Coast...
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@Jolly said in Bidenomics At Work:
Well, that's a used Corolla ...
What more could a person ask for?
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Inflation since the passing of the inflation reduction act.
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Now, give me the debt figures since the IRA...
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GOLDMAN SACHS: "The CHIPS Act and Inflation Reduction Act are boosting US manufacturing construction substantially. New incentives have boosted spending on manufacturing-related construction and should boost manufacturing equipment investment and employment soon too."
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@Axtremus said in Bidenomics At Work:
@Jolly said in Bidenomics At Work:
Now, give me the debt figures since
the IRAReagan ...The goalposts are at the back of the end zone, not across the street from the parking lot.
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@Jolly said in Bidenomics At Work:
Well, that's a used Corolla and a studio apartment on the East Coast...
In rural Delaware maybe.