Over the past year, blue-collar wages rose 3.8 percent while supermarket prices rose 2.7 percent. Over the past two years, wages increased 8.1 percent compared with a 4 percent rise for food. Over 10 years, wages rose 49.5 percent, prices 29.7 percent
Notice how they didn’t mention “blue-collar” anymore for the comparison of the past 2 and 10 years - this is because they use average wages and most wage growths were in the top percentile. This piece got roasted by their own readers https://archive.is/erMlS
Food prices, energy prices, rent/mortgage prices, health care prices, and insurance prices rose. But yeah, tell me how my increased wage covers all that.
Those bastards. Grocery prices went crazy in 2022 primarily and people still haven’t recovered.
Notice how they didn’t mention “blue-collar” anymore for the comparison of the past 2 and 10 years - this is because they use average wages and most wage growths were in the top percentile. This piece got roasted by their own readers https://archive.is/erMlS
Regardless, fuck them for lecturing the BS you and I go through every single day.
focusing on food prices alone is also a tell because everything else has exploded in price way faster, negating the wage gains anyway
Food prices, energy prices, rent/mortgage prices, health care prices, and insurance prices rose. But yeah, tell me how my increased wage covers all that.