this post was submitted on 19 Sep 2023
38 points (97.5% liked)
chapotraphouse
13473 readers
1 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Vaush posts go in the_dunk_tank
Dunk posts in general go in the_dunk_tank, not here
Don't post low-hanging fruit here after it gets removed from the_dunk_tank
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
This graph shows 3% average annual inflation over the last 40 years.
Not great, not terrible.
Bro. It shows a 25% increase in 3 years.
I think it's a little lower, between 17-19%. Average hourly wage has increased about 10% during that time period. Couldn't find median which would show an bleaker picture. Not to mention the general problems with CPI.
Yeah, it misses a lot of cases because average is gonna flatten a lot.
Like I had a run of good raises where I ended up making out well above that 10% increase in pay due to changing jobs, but at the same time average rent doubled, food prices went up 25% on average, and the fact that per squarefoot rentals have gone down added storage costs to my life because everytime we have to move we're paying more for less space.