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  1. Embed this notice
    Marcus Hutchins :verified: (malwaretech@infosec.exchange)'s status on Monday, 17-Feb-2025 00:00:29 JST Marcus Hutchins :verified: Marcus Hutchins :verified:
    • Tarah Wheeler 🖖♦️

    Really great thread on Bluesky by @Tarah about the disparity between economic indicators and voter's actual lived experience.

    https://bsky.app/profile/tarah.org/post/3liaxh3vjyk23

    In conversation about 3 months ago from infosec.exchange permalink

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    1. No result found on File_thumbnail lookup.
      Tarah Wheeler (@tarah.org)
      from Tarah Wheeler (@tarah.org)
      The strongest lesson here is that economic inequality wasn't being effectively measured. Saying "inflation has dropped" is the most meaningless phrase imaginable when a teacher in Indiana who made 39k last year has watched their grocery bill rise 15% in the last year with no raise. 10/n
    • Embed this notice
      Tarah Wheeler 🖖♦️ (tarah@infosec.exchange)'s status on Monday, 17-Feb-2025 00:00:27 JST Tarah Wheeler 🖖♦️ Tarah Wheeler 🖖♦️
      in reply to
      • Mark Koek

      @malwaretech @mkoek the closest indicator that could be measured is real purchasing power based on a basket of goods that have relevant impact. Measure the cost of braces and rotisserie chicken and gas and insurance copays and yes, even eggs. But the key is not the actual cost. It’s the delta between how much someone on a fixed or trailing salary can afford to purchase of those goods and the inflated cost. That gap has massively widened in the last 10 years.

      The reason we are all obsessed with eggs is they’re a cheap protein that is flexible, storable, and ubiquitous. I used to be able to buy eggs at .99c a dozen 20 years ago, and 1.99/doz ten years ago. They’re now $10/doz in Seattle. In the last ten years, the cost of the most common and accessible protein has risen 5x but the median salary certainly has not.

      When someone used to be able to afford steak and now they can’t afford hamburger, they correctly perceive it as losing something. That’s the sentiment @malwaretech is saying to measure.

      In conversation about 3 months ago permalink
      GreenSkyOverMe (Monika) repeated this.
    • Embed this notice
      Tindra (tindrasgrove@infosec.exchange)'s status on Monday, 17-Feb-2025 00:00:27 JST Tindra Tindra
      in reply to
      • Tarah Wheeler 🖖♦️
      • Mark Koek

      @Tarah @malwaretech @mkoek
      When I was in middle school home ec we had a block on budgeting groceries. And we were *explicitly taught* that budget breakfasts are easy because it’s basically eggs and flour.

      Today if I’m on a budget I’m stocking up on things like Banquet frozen meals because raw ingredients are expensive.

      In conversation about 3 months ago permalink
    • Embed this notice
      Marcus Hutchins :verified: (malwaretech@infosec.exchange)'s status on Monday, 17-Feb-2025 00:00:28 JST Marcus Hutchins :verified: Marcus Hutchins :verified:
      in reply to
      • Tarah Wheeler 🖖♦️
      • Mark Koek

      @mkoek @Tarah People's feelings. People don't vote based on economic indicators, they vote based on how they feel and what they think will help them.

      In conversation about 3 months ago permalink
    • Embed this notice
      Mark Koek (mkoek@mastodon.nl)'s status on Monday, 17-Feb-2025 00:00:29 JST Mark Koek Mark Koek
      in reply to
      • Tarah Wheeler 🖖♦️

      @malwaretech @Tarah but what should have been measured that wasn’t? Am certainly no economist but I can’t imagine that pric vs wage inflation vs income is not in the data.

      In conversation about 3 months ago permalink

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