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Johnny2X2X

(24,187 posts)
7. Wage growth
Sun Feb 25, 2024, 04:00 PM
Feb 2024

Wage growth never got covered when talking g about inflation. You really can’t talk about one without the other. So during the worst of it we saw “Inflation 8.8%!!” But they didn’t include that during that period wage growth was 6 or 7% for everyone and above 10% for low wage workers. So it was literal years worth of only one side of the story and people still can’t even get over that.

The middle class is getting ahead under Biden and was falling behind under Trump. Those are the actual facts.

Doesn’t mean everyone is getting ahead. Some aren’t, and there is more work to do. But the basic fact that real wages are up now vs 2019 needs to be raked about.

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