I would argue the quality has been improving as if late. But kind of hard to blame him for the fact that the world was gripped and massively disrupted a by a pandemic and the financial moves by the fed to stave off an even worse financial melt down led to high inflation. But we’re going in the right direction, even if it isn’t fast enough for some people.
Wages aren’t keeping up with inflation for most people. The wage increases reported are mostly driven by top earners. It isn’t moving at the bottom. Longer lines than ever at food pantries. I remember when Democrats used to at least pretend to give a shit about that stuff.
Even without answering that question let’s take a look at the 2023 numbers. According to BLS weekly wages went from 55k to 59k a seven percent increase. Inflation was 3.4. So we regained 3.6 percent.
The pandemic alone was worth 10 percent. And we’ve been left behind by the hundreds of points over the decades.
So while technically true, your statement is very misleading.
I would argue the quality has been improving as if late. But kind of hard to blame him for the fact that the world was gripped and massively disrupted a by a pandemic and the financial moves by the fed to stave off an even worse financial melt down led to high inflation. But we’re going in the right direction, even if it isn’t fast enough for some people.
Wages aren’t keeping up with inflation for most people. The wage increases reported are mostly driven by top earners. It isn’t moving at the bottom. Longer lines than ever at food pantries. I remember when Democrats used to at least pretend to give a shit about that stuff.
Been that way for a long time bud
And that’s also not true for the past year. Wages have out paced inflation.
Whose wages?
Even without answering that question let’s take a look at the 2023 numbers. According to BLS weekly wages went from 55k to 59k a seven percent increase. Inflation was 3.4. So we regained 3.6 percent.
The pandemic alone was worth 10 percent. And we’ve been left behind by the hundreds of points over the decades.
So while technically true, your statement is very misleading.
This has been a decades long problem that he has contributed to over his entire career.