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2026-08-03 16:12:00 UTC
in reply to

binkle on Nostr: The income-vs-inflation analysis, in addition to being leaky and ill-defined owing to ...

The income-vs-inflation analysis, in addition to being leaky and ill-defined owing to inflation being non-uniform across regions and goods, does not account for the increased liabilities required to participate in the workforce.

That's also to say nothing of WHO is earning that income, because the analysis treats people as inherently interchangeable and says nothing about whether that income is being earned by the descendants of Americans born and raised here, or whether it's being earned by a third worlder who lied and cheated their way into the country, taking up a slot from the aforementioned group to whom we actually have responsibility for.