this post was submitted on 20 Dec 2023
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[–] Facebones@reddthat.com 56 points 11 months ago (2 children)

"The Economy" = The Stock Market. Nothing else, no other metric.

[–] Soup@lemmy.world 2 points 11 months ago

Or GDP, which also just says how much money a company is making but has the added bonus of making people proud of their country to where they don’t think any harder about it.

[–] SCB@lemmy.world -1 points 11 months ago* (last edited 11 months ago) (2 children)

There are 2 jobs for every person, providing wage pressure on employers, and offering more choice in work people can do.

Some people are struggling, yes, and we should do things about that.

But it's way better to be struggling when you have options than when you do not. I was poor in 2008, and it's no fucking comparison at all.

The economy's health directly impacts people of every income level

[–] Malfeasant@lemmy.world 1 points 11 months ago (1 children)

There are 2 jobs for every person,

Yes, unfortunately it is often the case that the same person is working those two jobs out of necessity.

[–] SCB@lemmy.world 0 points 11 months ago

That is not how open positions work.

[–] Facebones@reddthat.com 1 points 11 months ago (1 children)

You only have the illusion of choice, as evidenced by the "booming economy" which just actually means being extra effective at funneling all economic output straight to the top.

[–] SCB@lemmy.world 2 points 11 months ago (1 children)

This doesn't match the reality of the number of job moves and open positions.

[–] Facebones@reddthat.com 2 points 11 months ago (1 children)

Open positions =/= open positions that pay a livable wage.

[–] SCB@lemmy.world 1 points 11 months ago* (last edited 11 months ago) (1 children)

Except having more open positions than people directly translates into higher wages, so even this broad nothing of a statement is still incorrect.

[–] Malfeasant@lemmy.world 0 points 11 months ago (1 children)

Unless the "open positions" are only open on paper, and the company has no real desire to fill them...

[–] SCB@lemmy.world 1 points 11 months ago* (last edited 11 months ago)

They're not. That's a fiction. A meme-tier fiction at that.