…for at least 20 million U.S. households, there is good cause for disillusionment. The method the federal government uses to calculate real incomes tends to capture the economic realities of higher-income people better than those of working-class and middle-class Americans.
While I don’t disagree that the BLS has some issues with calculations they tend to just lump everyone in the overall report, they do provide a breakdown of non-supervisor wages.
But again, when inflation, everyday Americans don’t feel like they’re actually making headway, which I can understand because I’ve been there growing up and Democrats need to be a lot move vocal about that and talk to the working American about that
FTA:
This is so obvious for anyone living paycheck-to-paycheck and it’s infuriating to hear the “experts” drone on about how great things are (for them).
It’s like calling tech support and having them say “works for me! try reading up on the problem” and hanging up.
It’s at the point where I can tell how much money someone makes based on how surprised they were that Trump won.
While I don’t disagree that the BLS has some issues with calculations they tend to just lump everyone in the overall report, they do provide a breakdown of non-supervisor wages.
https://data.bls.gov/timeseries/CES0500000030
Wages increase by 17% across for rank and file.
Another study from last year that looked at a breakdown from that and found low wage workers wages increased by 12%
https://www.epi.org/publication/swa-wages-2023/
But again, when inflation, everyday Americans don’t feel like they’re actually making headway, which I can understand because I’ve been there growing up and Democrats need to be a lot move vocal about that and talk to the working American about that