Chris Hayes

@chrislhayes ↗

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Last Checked July 21, 2022

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Wed Jul 13 14:33:38 +0000 2022

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Chris Hayes @chrislhayes

@ryanlcooper Yes, but I'm also revising my views on this a bit, at least on the politics of it. In a small d democratic sense people *really* hate inflation and want it to come down. It's not just Capital disciplining Labor (though it's also that!) — PolitiTweet.org

Posted July 13, 2022

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Chris Hayes @chrislhayes

Yes exactly! Kind of a reductio ad absurdum of the metric as a sole determinant. — PolitiTweet.org

@chrislhayes A good reason why looking just a real earnings is a terrible way to view the economy overall

Posted July 13, 2022

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Chris Hayes @chrislhayes

@odavis_ totally, but also does capture something real, which is that for people that *kept* their job, they really did see their purchasing power spike, even if there was less and less to spend it on — PolitiTweet.org

Posted July 13, 2022