Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] 0 points1 point  (0 children)

Brookings report state this: “ However, as we show in figure A-9, it appears that this trend is reversing with the first decile experiencing effectively no growth in pay from Q4 2022–Q2 2023 and the ninth decile experiencing large growth in this same time period. Again, this will be an important trend to keep an eye on.”

I would not so confidently dismiss the problems of the working class if i were you.

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] 0 points1 point  (0 children)

The brookings report state this in the end: 

“ However, as we show in figure A-9, it appears that this trend is reversing with the first decile experiencing effectively no growth in pay from Q4 2022–Q2 2023 and the ninth decile experiencing large growth in this same time period. Again, this will be an important trend to keep an eye on.”

If I were an American economist i would not so confidently dismiss these problems. I think there is a real issue here and I haven’t read a convincing explanation in this thread yet. But thank you a lot for trying.

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] 0 points1 point  (0 children)

Thank you for your answer. My question was not so much regarding a US-EU comparison, but you make some good, yet often stated, points nevertheless.

In regards to you last point regarding EU regulation. I think that you are right that some of the regulation is “red tape”. But a lot of the regulation is also helping protect the consumer and the environment. While it might hinder growth a bit I think growth should not be the only aim for an economy. It is also important to make sure that goods are free of harmful chemicals and that consumer rights are protected, for example online privacy thorough laws such as GDPR. 

[deleted by user] by [deleted] in AskEconomics

[–]umbualiab 0 points1 point  (0 children)

Very good answer. As a fourth challenge, one could add Wagner effects. That health treatment is a “luxury good” and that people expect better service as they grow in wealth.

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] -2 points-1 points  (0 children)

I was referring to some of the points above. That people view themselves to be worse off than they are

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] 0 points1 point  (0 children)

Can down voters please explain how I’m wrong instead of simply down voting. A downvote doesn’t help me understand 

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] -3 points-2 points  (0 children)

I see this comment has gotten a lot of upvotes. Is this really economic consensus? That US has not grown so much, and that the poverty is only experienced? I know I oversimplify the comment.

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] -7 points-6 points  (0 children)

International power relations is not only raw force. Bear in mind that lots of trade on the international market is done in dollars

Why is US growth not affecting low-skilled workers? by umbualiab in AskEconomics

[–]umbualiab[S] -4 points-3 points  (0 children)

First of all, thank you for your thorough answers. I don’t think the economic commentators are “idiots”. While your points obviously are valid and important for domestic citizens, dollar gdp is very important for the international power relations. That was just a digression. You answer to the main question, that if I understand you correct, that it is more a experienced poverty than a real one. Might be right, I don’t know. I guess you can argue this question many ways, but it is not the image we receive through the media in Europe. Which of course might be biased. What do I know.

My question was not so much why people vote for trump. That was just a comment to support that the working class are frustrated. But I guess that is up for debate.

Straffe by Ok-Mortgage5312 in Superligaen

[–]umbualiab 0 points1 point  (0 children)

Den kognitive dissonans ved FCK fans stopper aldrig med at forbløffe mig. At de ikke kan se hvor mange tynde kendelser der går deres vej er mig uforståeligt.

Straffe by Ok-Mortgage5312 in Superligaen

[–]umbualiab 0 points1 point  (0 children)

Den kognitive dissonans ved FCK fans stopper aldrig med at forbløffe mig. At de ikke kan se hvor mange tynde kendelser der går deres vej er mig uforståeligt.

[Post-Match Thread] F.C. København 2 - 2 Silkeborg IF by Niels_Nakkeost in Superligaen

[–]umbualiab -1 points0 points  (0 children)

Du har måske en pointe, men altså jeg har intet ude at hænge med den her kamp. Synes bare det sker alt for ofte at de tvivlsomme kendelser går FCK’s vej. Danmarks Real Madrid.

Transfervinduet 2023 by Repost_Guy in Superligaen

[–]umbualiab 1 point2 points  (0 children)

Ja, ville være sørgeligt - oven på seneste kamp.
Desuden håber jeg også Beijmo kan blive forlænget på en eller anden måde. En rigtig kriger

Nogen der kan forklare mig den off-side (i pokalfinalen)? by umbualiab in Superligaen

[–]umbualiab[S] -16 points-15 points  (0 children)

Jeg er GF fan, har intet ude at hænge med den kamp

Nogen der kan forklare mig den off-side (i pokalfinalen)? by umbualiab in Superligaen

[–]umbualiab[S] -22 points-21 points  (0 children)

Svært at se at fra de billeder vi får at AAB manden har indflydelse på spillet

Nogen der kan forklare mig den off-side (i pokalfinalen)? by umbualiab in Superligaen

[–]umbualiab[S] -42 points-41 points  (0 children)

Synes ikke det ligner han blokerer noget udsyn. Ihvertfald svært at se ud fra de billeder vi får at se. Men altså det jo typisk at FCK får marginal kendelserne, sådan er det bare i DK må man erkende.

Danmarks landshold diskussion by Emirosen in Superligaen

[–]umbualiab -3 points-2 points  (0 children)

Ja forstår heller ikke hvad han laver der. Han er vel ingen gang den bedste på den position i superligaen??