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.
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.