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"But why, Don Suave?"....."Because They're Morons."
7 Mar 2024 8:03 am
They clearly aren't great at math, but they continue to spend....the point of the observation, actually.Huey » 07 Mar 2024, 8:51 am » wrote: ↑ About two-thirds of employed Americans (64 percent) received a pay increase at some point in the 12 months since October 2022, including 38 percent who said they got a pay raise, 16 percent who indicated they found a better-paying job and 10 percent who noted they earned both, according to a new Bankrate survey. That’s up from 61 percent in the prior year’s poll, during an even stronger year for hiring. By this time last year, employers had already created almost twice as many jobs.
But the strides Americans have been taking in their careers are getting overshadowed. More workers than last year (60 percent in 2023 versus 55 percent in 2022) say their incomes haven’t kept pace with increases in their household expenses because of inflation. Even among the workers who did get a raise or better-paying job, more than half (53 percent) say their earnings lost ground to inflation, up from 50 percent in 2022.
https://www.bankrate.com/personal-finan ... 0in%202022.