Dan Bongino
π€ SpeakerAppearances Over Time
Podcast Appearances
Crime under Donald Trump is out of control.
Inflation's out of control.
They want you to believe all this bullshit, so they don't tell you any of this.
Jobs grew last month at a 750,000 annual pace, while wages popped 4.5%.
That's twice the inflation rate.
If the war's really ending, we're back to the boom.
Now, folks, that's kind of important what he says in there about wages growing 4.5% because it's not an economics class.
However, there is a difference between nominal and real wages.
Nominal wages are just the number.
If your wages, for instance, went up 2% or 2.5%, to be precise, right around there, if they went up 2.5%, you could go home and tell your wife, hey, I got a 2.5% raise.
But it's not a real wage increase because inflation's running about 2.5%.
So basically, you're just treading water.
If wages go up 4.5% and inflation is 2.5%, then yes, you have now more buying power.
Of course, you're not going to hear about it in the mainstream media because they want you to believe you're living through the global apocalypse right now, when in fact, you're living through the golden age of being an American citizen.
Here's another one you're probably not going to hear about outside of limited outlets.