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what the fuck is inflation
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2021-08-25 at 11:01 AM UTCvile j'ewish sorcery that's what
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2021-08-25 at 2:59 PM UTC
Originally posted by Narc No they're not
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Ensuring that the economy works for those without a bachelor’s degree is crucially important, since, as shown in Figure 1, members of the working class make up a sizable majority of today’s workers. The working class makes up the largest share of the labor force in Nevada, at 77.1 percent; Mississippi, at 75.9 percent; and Arkansas, at 74.9 percent. In all states but four—Massachusetts, at 54.6 percent; New Jersey, at 58.2 percent; Maryland, at 58.9 percent; and Connecticut, at 59.2 percent—more than 6 in 10 workers have less than a four-year degree.
As of 2013, the working class—made up of working people without a college degree—constitutes nearly two-thirds (66.1 percent) of the U.S. civilian labor force between ages 18 and 64. Thus wage stagnation and economic inequality can't be solved without policies aimed at raising living standards for the working class.
so even in massachusetts, the working class are still the majority, frankly i was surprised it was only 55% -
2021-08-25 at 3:17 PM UTC
Originally posted by Kev Ensuring that the economy works for those without a bachelor’s degree is crucially important, since, as shown in Figure 1, members of the working class make up a sizable majority of today’s workers. The working class makes up the largest share of the labor force in Nevada, at 77.1 percent; Mississippi, at 75.9 percent; and Arkansas, at 74.9 percent. In all states but four—Massachusetts, at 54.6 percent; New Jersey, at 58.2 percent; Maryland, at 58.9 percent; and Connecticut, at 59.2 percent—more than 6 in 10 workers have less than a four-year degree.
As of 2013, the working class—made up of working people without a college degree—constitutes nearly two-thirds (66.1 percent) of the U.S. civilian labor force between ages 18 and 64. Thus wage stagnation and economic inequality can't be solved without policies aimed at raising living standards for the working class.
so even in massachusetts, the working class are still the majority, frankly i was surprised it was only 55%
wheres this figure 1 that you spaketh of. -
2021-08-25 at 3:21 PM UTCon the web page i copy pasted the text from.
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2021-08-25 at 4:17 PM UTC
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2021-08-25 at 5:17 PM UTC
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2021-08-25 at 5:26 PM UTC
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2021-08-25 at 5:51 PM UTC
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2021-08-25 at 5:58 PM UTC
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2021-08-25 at 8:57 PM UTC
Originally posted by vindicktive vinny so inflation is when you coukdnt keep up with inflation ?
got it.
No. Keep up. You said inflation is when you can no longer afford the things that you used to be able to. I’m saying you not being able to afford those things is not due to inflation alone, but due to your income (aka payment from society based on your perceived value) not keeping up with inflation. Your income can increase along with inflation, causing your buying power to stay the same, but there is still inflation. So your argument that inflation is when you can no longer afford the things that you used to be able to is incomplete at best. -
2021-08-26 at 1:20 AM UTC
Originally posted by Ajax No. Keep up. You said inflation is when you can no longer afford the things that you used to be able to. I’m saying you not being able to afford those things is not due to inflation alone, but due to your income (aka payment from society based on your perceived value) not keeping up with inflation. Your income can increase along with inflation, causing your buying power to stay the same, but there is still inflation. So your argument that inflation is when you can no longer afford the things that you used to be able to is incomplete at best.
so what is inflation. -
2021-08-26 at 2:37 AM UTC
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2021-08-26 at 6:57 AM UTC
Originally posted by Ajax The decrease in purchasing power of a currency. So it’s not that you can’t afford today what you did yesterday. It’s that a dollar (or any currency) can’t purchase today what it did yesterday.
which is meaningless and have no bearing whatsoever if peoples income increases in proportion to the decrease in purchasing power per unit of the said currency. -
2021-08-26 at 12:46 PM UTC
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2021-08-26 at 1:06 PM UTC
Originally posted by Kev Ensuring that the economy works for those without a bachelor’s degree is crucially important, since, as shown in Figure 1, members of the working class make up a sizable majority of today’s workers. The working class makes up the largest share of the labor force in Nevada, at 77.1 percent; Mississippi, at 75.9 percent; and Arkansas, at 74.9 percent. In all states but four—Massachusetts, at 54.6 percent; New Jersey, at 58.2 percent; Maryland, at 58.9 percent; and Connecticut, at 59.2 percent—more than 6 in 10 workers have less than a four-year degree.
As of 2013, the working class—made up of working people without a college degree—constitutes nearly two-thirds (66.1 percent) of the U.S. civilian labor force between ages 18 and 64. Thus wage stagnation and economic inequality can't be solved without policies aimed at raising living standards for the working class.
so even in massachusetts, the working class are still the majority, frankly i was surprised it was only 55%
Not all working class are unskilled.
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2021-08-26 at 1:10 PM UTCI mean you couldn't call a motor mechanic or a welder unskilled, yet that doesn't make them middle class either.
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2021-08-26 at 1:10 PM UTCThe skilled/unskilled thing is such bullshit. For instance if you put me in an "unskilled" job, like stacking shelves, I'd probably have a heart attack. I'm not "skilled" at much beside the one thing that I do.The following users say it would be alright if the author of this post didn't die in a fire!
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2021-08-26 at 3:25 PM UTC
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2021-08-26 at 3:27 PM UTC
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2021-08-26 at 3:54 PM UTC
Originally posted by vindicktive vinny heart attack is not caused by the lack of skills.
Yes it is. For instance if I train every day to learn programming eventually my body adapts. If I train every day to learn fitness eventually my body adapts. Same thing, same process. If learned technical expertise is a skill then physical fitness is a skill.
