19 Apr 2024 3:49 pm
Fuelman » 19 Apr 2024, 3:25 pm » wrote: ↑ The 20% inflation number seems fairly accurate. (Even that number can vary quite a bit with location)
I'm sure you take issue with the loss of buying power as you believe wage increases have outpaced inflation. You might be correct if only looking at the increases for upper middle class and above. Looking at the middle, lower middle and poor class, they just haven't seen the wage increases to cover inflation. Many in the under $50k range haven't seen squat in raises. That hard end number for wage increases is not equally distributed.
This is why so many are having an issue with Biden's economy.
if FOX keeps saying itLooking at the middle, lower middle and poor class, they just haven't seen the wage increases to cover inflation.
