I CAN’T UNDERSTAND WHY PEOPLE ARE PISSED OFF

Oh yeah. One look at this chart might explain it. And this is using the bullshit CPI propaganda number put out by the government. Real wage growth is NEGATIVE 10%.

They should hand out tee-shirts that say:

THE KEYNESIANS SPENT $10 TRILLION OF MY MONEY & ALL I GOT WAS THIS SHITTY ECONOMY & A CHINESE MADE T-SHIRT

3 thoughts on “I CAN’T UNDERSTAND WHY PEOPLE ARE PISSED OFF”

  1. Households in the top 20 percent of U.S. socioeconomic groups saw their incomes grow by an average of $8,358 a year from 2008 to 2012, compared with a $275 annual decline for the lowest 20 percent, according to data from the Bureau of Labor Statistics.

     
  2. For fuck sake, the bottom 20% are just barely able to lift a fork to their mouths. Just what are they capable of to make them a valuable economic resource?

     
  3. “Worries about the future can actually cause asset markets to be priced highly … When the Titanic was going down, people would pay a fortune for anything that floats. I’m exaggerating, of course, but that might be the situation we’re in now.”

    Robert Shiller

     

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