Wages aren’t keeping up with inflation for most people. The wage increases reported are mostly driven by top earners. It isn’t moving at the bottom. Longer lines than ever at food pantries. I remember when Democrats used to at least pretend to give a shit about that stuff.
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.
The poster said that over the last year, wages have out paced inflation. Pointing out how that is not true for years prior doesn’t mean his statement is misleading.
My comment, where this all comes from, was about how things are getting better as of late. So in context especially the comment is appropriate.
Regaining 3.6 percent out of 137 points is a drop in the bucket. Of course if you frame it as just this last year it looks great. But food is still up by 20 percent on it’s own. Trying to take a victory lap on this is how the working class gets fucked over again.
It absolutely is a victory lap. Because we get this news and then nothing for another decade when suddenly everyone realizes we never made good on that progress. It happened in 2003, 2008, 2012, and now 2019. So yeah fuck that. I’m done waiting to be forgotten and then yelling into the void because the narrative of the win has set into the zeitgeist.
Wages aren’t keeping up with inflation for most people. The wage increases reported are mostly driven by top earners. It isn’t moving at the bottom. Longer lines than ever at food pantries. I remember when Democrats used to at least pretend to give a shit about that stuff.
Been that way for a long time bud
Nothing new happens under the sun.
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.
The poster said that over the last year, wages have out paced inflation. Pointing out how that is not true for years prior doesn’t mean his statement is misleading.
My comment, where this all comes from, was about how things are getting better as of late. So in context especially the comment is appropriate.
Regaining 3.6 percent out of 137 points is a drop in the bucket. Of course if you frame it as just this last year it looks great. But food is still up by 20 percent on it’s own. Trying to take a victory lap on this is how the working class gets fucked over again.
Saying we’re heading in the right direction is not taking a victory lap.
It’s funny that you are whining about it being misleading, while repeatedly misrepresenting other comments.
It absolutely is a victory lap. Because we get this news and then nothing for another decade when suddenly everyone realizes we never made good on that progress. It happened in 2003, 2008, 2012, and now 2019. So yeah fuck that. I’m done waiting to be forgotten and then yelling into the void because the narrative of the win has set into the zeitgeist.
It’s not technically true, it’s just true. I specifically said “for the past year”, so bringing up “over the decades” is what’s misleading.
Especially in the context of Joe Biden, who has not been president for the past several decades.
Yup you framed it the one possible way to make it look like good news. Great job, the Kremlin is always hiring propogandists.
Kremlin propagandists HATE Joe Biden rofl what the fuck is this comment
This is both very specific claim, but very vague as to what you mean. What is “many” and where are you getting these numbers?