News
Welcome to the News community!
Rules:
1. Be civil
Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.
2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.
Obvious right or left wing sources will be removed at the mods discretion. Supporting links can be added in comments or posted seperately but not to the post body.
3. No bots, spam or self-promotion.
Only approved bots, which follow the guidelines for bots set by the instance, are allowed.
4. Post titles should be the same as the article used as source.
Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.
5. Only recent news is allowed.
Posts must be news from the most recent 30 days.
6. All posts must be news articles.
No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.
7. No duplicate posts.
If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.
8. Misinformation is prohibited.
Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.
9. No link shorteners.
The auto mod will contact you if a link shortener is detected, please delete your post if they are right.
10. Don't copy entire article in your post body
For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.
view the rest of the comments
Median income is up since before the pandemic, even when adjusting for inflation. The average person is better off.
Cost of living is outpacing it. Housing in particular.
Yeah every time I get a raise I think "finally I'll be able to buy a house soon" then I look at the prices and see I'm still losing ground.
Wrong
https://www.nbcnews.com/politics/economics/americans-are-going-hungry-strong-economy-rcna128105
Revealing article. When food prices jump 25% and rent 30%, then wages need to jump similarly to make up the difference or else people can't afford to eat or live. But wage growth still hasn't outpaced inflation and won't until the end of next year. (I don't know about anyone here but my salary certainly hasn't caught up to inflation yet. Not even close.)
It is no wonder regular people are going hungry and think the economy is failing them. Because it has. Until more people can afford the absolute basics their perception isn't going to change.
Definitely not true for me personally or anyone I know well enough to know their financial info. Most people I know are barely able to stay in place, with their 'raises' almost immediately consumed by inflation and higher rent everywhere.
They are not the median, then, but maybe in the lower half of the income which is not doing as well
Median by definition is not skewed by outliers. If there are 160 million workers, the 80 millionth worker is the median