Should a city be punished for selecting a mayor the president does not like?

Jarod

Well-known member
Contributor
I’m no fan of pure socialism, but I have no problem with a city whose people want to inject more socialism into their local government choosing to do so.
 
I’m no fan of pure socialism, but I have no problem with a city whose people want to inject more socialism into their local government choosing to do so.
Watch it happen. That’s Trump’s style.

He’s done it with groups, individuals, organizations, universities, states, the press, and other cities. NYC will be no different. That’s how authoritarians work.
 
Yep, they do. And we’re seeing it in the decline of democratic principles in the country and its economic decline in the world. And Trump is accelerating the process.
The stock market is up and wages are up.

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Chart: U.S. Wages Haven't Kept Up With Inflation | Statista
Yes, real wages are going up in the U.S. after a period of decline, as wage growth has recently been outpacing inflation. While nominal wages may have increased, the key factor is that real wages (inflation-adjusted earnings) are growing, meaning the average worker's purchasing power is increasing. This is a reversal from the period of 2021-2022 when inflation outpaced wage growth.
 
The stock market is up and wages are up.

AI Overview


View attachment 64400
Yes, real wages are going up in the U.S. after a period of decline, as wage growth has recently been outpacing inflation. While nominal wages may have increased, the key factor is that real wages (inflation-adjusted earnings) are growing, meaning the average worker's purchasing power is increasing. This is a reversal from the period of 2021-2022 when inflation outpaced wage growth.
Stock market loves rate cuts. Those happen when the economy is shitty.

Wage growth is sector specific and is barely outpacing inflation as well as slowing.

Industries where wages are outpacing inflation: Some sectors like retail trade, health care, and leisure and hospitality have seen wage growth outpace inflation.

Industries where wages are lagging: Other sectors, such as education, construction, financial activities, professional and business services, and manufacturing, have not seen wages keep up with the rise in prices.
 
Stock market loves rate cuts. Those happen when the economy is shitty.

Wage growth is sector specific and is barely outpacing inflation as well as slowing.


Industries where wages are outpacing inflation: Some sectors like retail trade, health care, and leisure and hospitality have seen wage growth outpace inflation.

Industries where wages are lagging: Other sectors, such as education, construction, financial activities, professional and business services, and manufacturing, have not seen wages keep up with the rise in prices.
Interest rates go up when inflation is high and down when inflation comes down. Interest rates are falling because Trump is reducing inflation. Wage growth was non-existent during the Biden administration.
 
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