silence7@slrpnk.net to United States | News & Politics@lemmy.mlEnglish · 8 days agoInflation’s Wild Ride | Inflation has surged and moderated since the pandemic. As the presidential election approaches, politicians are focused on who is to blame. How did we get here?www.nytimes.comexternal-linkmessage-square8fedilinkarrow-up11arrow-down10file-text
arrow-up11arrow-down1external-linkInflation’s Wild Ride | Inflation has surged and moderated since the pandemic. As the presidential election approaches, politicians are focused on who is to blame. How did we get here?www.nytimes.comsilence7@slrpnk.net to United States | News & Politics@lemmy.mlEnglish · 8 days agomessage-square8fedilinkfile-text
minus-squaresilence7@slrpnk.netOPlinkfedilinkarrow-up0·edit-27 days agoWages weren’t stagnant though. The key thing is that right now, wages are rising at about 4% per year, while prices are rising at about 3% per year. That’s a good place to be.
minus-squareWraithGear@lemmy.worldlinkfedilinkEnglisharrow-up0·7 days agoI suppose you have a point, i may be confused with minimum wage, and my personal experience. The price hike on all goods seems to be independent from median wage
Wages weren’t stagnant though.
The key thing is that right now, wages are rising at about 4% per year, while prices are rising at about 3% per year. That’s a good place to be.
I suppose you have a point, i may be confused with minimum wage, and my personal experience. The price hike on all goods seems to be independent from median wage