The Soapbox

BocaHoo91

Joined: 06/03/2005 Posts: 31214
Likes: 52833


In fairness, while most people say your money doesn't go as far because of


inflation, that's obviously what the author means with that line. But it's not even true anymore. REAL wages (adjusted for inflation) in q4 2023 were higher than Q1 2020. No, they're not higher than when Trump was sending out welfare checks to everyone simply for existing and "earnings" skyrocketed because all of the people with low paying jobs stopped working which drove average wages up, and perhaps the totally conservative Trumpers want more welfare for everyone, but with inflation mostly under control and continued strong economic growth, the average workers' dollar goes farther today than it did pre pandemic.


(In response to this post by Hoodeac)

Posted: 03/04/2024 at 09:30AM



+3

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