• 0 Posts
  • 9 Comments
Joined 1 year ago
cake
Cake day: June 10th, 2023

help-circle
  • It doesn’t help that wage growth has largely been in the “unskilled” sectors (I hate that term, every job is skilled), but inflation reduction has largely been in non-essential goods. Which means that upper-middle to upper income people have been noticing their wages not increasing with inflation despite inflation overall being lower, and lower to low-middle income people have been noticing inflation impacting their budgets despite their wage increases.

    But in aggregate, “everyone” is being paid more and “inflation” is down. So at a macro level everyone “should” be happy with how things are going. But human beings don’t live at the macro level.




  • Even if risks are under-reported (plausible, but unlikely, given the amount of scrutiny), it’s definitely the case that the risks from getting COVID are still not fully understood. Long COVID is a major issue that is still under investigation. So by your own metric - “highly reluctant to try the new possibly risky thing” - the vaccine is important. Because “the new possibly risky thing” in this case is getting COVID. You definitely don’t want to “try” that.