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Joined 13 days ago
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Cake day: March 4th, 2025

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  • I mean, it’s pretty easy for @sleepyleaf@sh.itjust.works to cherrypick things from a story, as most do when trying to make a point. Thanks for the impetus to actually read that article.

    My favorite part of the article happens to be about unemployment numbers. The government might say that the unemployment rate is 4.1%, but…

    If you filter the statistic to include as unemployed people who can’t find anything but part-time work or who make a poverty wage (roughly $25,000), the percentage is actually 23.7 percent. In other words, nearly one of every four workers is functionally unemployed in America today — hardly something to celebrate.

    Every administration, for a century at least, is guilty of using rose-colored glasses to look at numbers and present whatever they think will allow them to hold on to power.

    Looking at your daily life and the circumstances of your neighbors has therefore been a more valuable metric than any devised by politicians to make themselves look good.

    Thanks for your comment!