this post was submitted on 07 Apr 2024
292 points (98.0% liked)

News

23296 readers
3194 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] EatATaco@lemm.ee 0 points 7 months ago (2 children)

Poster offered up evidence. You've just attacked them. It's clear who has more faith in their position. It's clear who arguing with their reason and which is arguing with their emotions.

[–] TankovayaDiviziya@lemmy.world 2 points 7 months ago (1 children)

While I agree that people in social media users have biases and ignore even a reputable evidence, but with economics though, it's complicated. One economic metric alone is sometimes not enough, has limitations and therefore doesn't give the full picture. I don't know much about purchasing power parity to comment on it, but the best example I can give is on GDP or gross domestic product. A country that has high GDP in let's say, $100 billion, shows that the country is rich. That implies that the population in that country are also also wealthy enough, right? Not really. If the GDP per capita/person is in $1,000 in that country, as opposed to US's of over $60,000, then the people in that country are not affluent enough.

Immense wealth is nothing if they're not distributed equitably. The higher purchasing power of Americans is taken on average but does not take into account that certain areas do not have higher purchasing power. California would have higher purchasing power as opposed to rural folks in the Rust Belt. And the latter are Trump supporters for a reason.

[–] EatATaco@lemm.ee 2 points 7 months ago

I agree with your point, but don't see how it makes sense here. The article doesn't just throw out a single metric that would be misleading due to wealth inequity. There's a whole section about real wages over the income distribution. It's much more granular.

[–] Son_of_dad@lemmy.world 1 points 7 months ago (1 children)

You shouldn't believe every source on the internet

[–] EatATaco@lemm.ee 1 points 7 months ago

True. And the least trustworthy source is some random in the comments section making baseless claims. Treasury.gov is at least a thousand times more reliable than that. Probably safe to say a million times. Hell, if you can't believe treasury.gov, what would you trust?