raoul

If I interpret the first figure of this article correctly, the 25% poorest of the population have always been 'shafted no lube' (pardon my economists jargon), but were about to have a wages growth above inflation; before the fight against inflation was finally won (well done, joe) and the slaves slaved again.

I think that the problem is that the metric used for measuring the wages growth is an average:

In a society where most of the wealth goes to a few, an average is not necessarily a good measure:

I like this image from this article from the fed

They have the following remark below this graph:

For example, about 57 percent of the WGT sample had positive real wage gains during 2019, whereas during 2022, only 45 percent of people had positive real wage growth. Put another way, despite higher median nominal wage growth, the share of people with positive real wage growth between 2019 and 2022 due to higher inflation fell by 12 percentage points.

Edit, from the bottom of the article:

Your own wage growth experience might not look like that of your neighbors or your colleagues, and it might not resemble that of the person with median wage growth either.

It's having a bad hair day, give it a rest!

This kind is doing a better job as a journalist than 90% of the profession.

They have a donation page. I just dropped them some coins.

For now: https://edition.cnn.com/2023/10/29/climate/white-hydrogen-fossil-fuels-climate/index.html

Who’s a Good Boy? A Metropolis-Hastings Approach to Determining Foster Dog Names of Unknown Origin

Finally some good fucking open research: https://jabde.com/

turns out she was just getting railed on a schedule by a dude who kept a very constant pace ... a real metronome

You make my day with this one 🤣

I take me a minute to understand: new oil tank.

I was wondering how Ukraine got tanks here.

Stunning photo!