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Alarm! REAL Average Hourly Earnings At -2.8% YoY In October, Negative Growth Since March 2021 (19 Straight Months Of Negative Earnings Growth!)
Confounded Interest ^ | 11/10/2022 | Anthony B. Sanders

Posted on 11/10/2022 10:21:58 AM PST by Kaiser8408a

Alarm!

The inflation numbers are out for October and they still stink (headline inflation still sizzling at 7.7% YoY).

But the number that really irks me is … REAL average hourly earnings growth is at a horrifying -2.8% YoY because of Biden’s terrible policies (aka, Bidenflation).

Real average hourly earnings growth YoY has been negative since March 2021. That is 19 straight months of negative earnings growth under Biden/Pelosi/Schumer’s reign of error.

So, Pennsylvania elects this guy to perpetuate Biden/Pelosi/Schumer’s awful policies?

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; bideneffect; bidenomics; bidensfault; bidenvoters; blogkaren; blogpimp; brownsultrafan; clickbait; food; fuel; inflation
This may have been posted already. But the bottom line is that inflation announced after the midterm elections is still REALLY HIGH!!! And PA elected Slingblade who will vote for MORE inflation? My mind is reeling!
1 posted on 11/10/2022 10:21:58 AM PST by Kaiser8408a
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To: Kaiser8408a

Yes, this Wahh-Wahh, which is all this writer does, has already been posted.


2 posted on 11/10/2022 10:23:38 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Kaiser8408a

The economy is strong as hell...or something like, you know, the thing.


3 posted on 11/10/2022 10:26:47 AM PST by ExTxMarine (Diversity is necessary; diverse points of views will not be tolerated.)
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To: Kaiser8408a

Yep.

https://freerepublic.com/focus/f-bloggers/4107921/posts


4 posted on 11/10/2022 10:26:54 AM PST by ButThreeLeftsDo (The best things in life aren't things.)
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To: Kaiser8408a

ALARM! Is that something like ALERT?

Or BREAKING? Or BOMBSHELL?


5 posted on 11/10/2022 10:33:15 AM PST by crz
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To: Kaiser8408a

And we are to believe that the RATs won without cheating despite their behavior and witnessed actions.


6 posted on 11/10/2022 10:34:39 AM PST by fella ("As it was before Noah so shall it be again,")
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To: Kaiser8408a

this meme of Samuel Jackson sums it up for me on the absurdity of what is happening. The market is crazy up today

https://twitter.com/Keubiko/status/1590730491975852037

As someone said..I guess Facebook Nerd can hire back his 11k laid off employees


7 posted on 11/10/2022 10:35:01 AM PST by RummyChick
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To: fella

The dems cheated early this time.


8 posted on 11/10/2022 10:36:44 AM PST by Bernard (“the rights of man come not from the generosity of the state but from the hand of God." JFK 1-20-61)
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To: RummyChick

Comment on thread says “context matters, we’ve peaked,” so that’s the talking point


9 posted on 11/10/2022 10:53:39 AM PST by mykroar (what is extraordinarily important is this—who will count the votes, and how. - J0eStalin)
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To: ExTxMarine

The economy is too strong but the rate hikes have a delayed effect. That effect will grow from here, this is just the beginning.

Inflation and the economy are two different things. Inflation makes an economy run hotter. People buy now because a product will cost more next month. Everything is proceeding just fine, the hikes will rein in inflation in time, and we’ll have a normal recession and get back to expansion afterwards.

Opportunities even now are big and people are taking advantage. Opportunities will explode by next spring, when the doomers really get going.


10 posted on 11/10/2022 11:00:57 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: Kaiser8408a

11 posted on 11/10/2022 12:43:40 PM PST by Yo-Yo (Is the /Sarc tag really necessary? Pray for President Biden: Psalm 109:8)
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