return2ozma@lemmy.world to News@lemmy.world · 1 year agoA staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.comexternal-linkmessage-square196fedilinkarrow-up11.04K
arrow-up11.04Kexternal-linkA staggering 80% of American households are financially worse off than they were before COVID-19finance.yahoo.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square196fedilink
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up5·1 year agoWages are not stagnant. https://fred.stlouisfed.org/series/LES1252881600Q You can see rising median wages for several decades. The covid stimuluses caused a bump but cant expect that level of government spending forever.
minus-squareqwertyqwertyqwertylinkfedilinkarrow-up20·1 year agoIt went from 335 in 1979 to 365. That’s less than a 9% increase. In 34 years. How do you not see this as stagnant?
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up2·edit-21 year agoThis is Real Income. It’s clearly not stagnant. It is clearly increasing.
minus-squareorrk@lemmy.worldlinkfedilinkarrow-up13·1 year agothat may be true, if you live in the magic no change in cost of living world
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up2·1 year agoThis is real earnings, which takes that into account
Wages are not stagnant.
https://fred.stlouisfed.org/series/LES1252881600Q
You can see rising median wages for several decades. The covid stimuluses caused a bump but cant expect that level of government spending forever.
It went from 335 in 1979 to 365. That’s less than a 9% increase. In 34 years. How do you not see this as stagnant?
This is Real Income. It’s clearly not stagnant. It is clearly increasing.
that may be true, if you live in the magic no change in cost of living world
This is real earnings, which takes that into account