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Inflation Outpaces Wage Growth For Over 40% Of Americans (www.forbes.com)

submitted 4 days ago by cm0002@lemmy.world to c/usa@midwest.social

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[–] kebab@endlesstalk.org 1 points 3 days ago (2 children)

I am probably missing something, but isn’t it a good sign if the wages for over 50% of the population outpace the inflation? Over 50% is not like it only benefits the richest

[–] explodicle@sh.itjust.works 1 points 3 days ago

There ought to be a very high percentage outpacing inflation, not just most people. Think of it as what percentage of the population should get a new job this year. Is it really 40%? Less than 1% of the population deserves a pay cut.

[–] Tja@programming.dev 1 points 3 days ago

Talk about a biased way of presenting the information. And since it agrees with the prejudices of most lemmy users, it's automatically up voted and celebrated.