this post was submitted on 16 Jun 2024
48 points (100.0% liked)
U.S. News
2244 readers
1 users here now
News about and pertaining to the United States and its people.
Please read what's functionally the mission statement before posting for the first time. We have a narrower definition of news than you might be accustomed to.
Guidelines for submissions:
- Post the original source of information as the link.
- If there is a paywall, provide an archive link in the body.
- Post using the original headline; edits for clarity (as in providing crucial info a clickbait hed omits) are fine.
- Social media is not a news source.
For World News, see the News community.
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Yeah that's me, Mr. Dishonest, over here explaining what the cumulative wage growth is, and the cumulative inflation, so that people can compare the two and see which one is higher
I actually originally cited the source which simply said that inflation-adjusted wages had grown by 12%, incorporating both into a single number, but that led to a certain amount of confusion, so I separated it out into the two relevant numbers
You know, like a terribly dishonest person would do
(And yes, the poorest 10% of this country is still fucked and needs quite a lot of help. My point was not that they're doing okay now, it was that they have seen substantial gains relative to where they were, which is a notable thing, and that we should keep doing the things that got them going in the right direction for once in God knows how long.)