This is what must happen for the lower and middle class to feel better about "the economy." I hope it continues.

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Nov 13, 2024
5:45:35pm

sanitarium Political Junky

This is what must happen for the lower and middle class to feel better about "the economy." I hope it continues.

Good news: Wages have grown faster than inflation for 18 months.

In October:
Wage gains: 4%
Inflation: 2.6%

This is how most Americans will ultimately be able to get ahead. Prices won't go down, but wages will go up enough to offset the higher prices. pic.twitter.com/Ub7AVIo6p2
— Heather Long (@byHeatherLong) November 13, 2024

https://twitter.com/byHeatherLong/status/1856696575914852665

This message has been modified

Originally posted on Nov 13, 2024 at 5:45:35pm

Message modified by sanitarium on Nov 13, 2024 at 5:46:04pm

Recategorized from Politics / Social Issues to Business by sanitarium on Nov 13, 2024 at 5:47:06pm

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sanitarium

Previous username: readybreak
Bio page: sanitarium
Joined: Jul 23, 2013
Last login: Nov 15, 2024
Total posts: 4,741 (479 FO)

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Messages

Author

Time

This is what must happen for the lower and middle class to feel better about "the economy." I hope it continues.

sanitarium Political Junky

Nov 13, 5:45pm

*If you believe inflation data is accurate.

rad dawg

Nov 13, 5:52pm

sure, fine. Whether the data is accurate, I think most of us agree that wages need to increase faster than the price of

sanitarium

Nov 13, 5:58pm

Unfortunately inflation is rising again, and will continue to do so

Jericho

Nov 13, 6:08pm

Assuming these are accurate numbers (doubt it), wages still need to go way up

bluescholar

Nov 13, 6:18pm

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