this post was submitted on 08 Feb 2024
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politics

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[–] Rootiest@lemmy.world 10 points 9 months ago (2 children)

Wages aren't keeping up with inflation for most people.

Been that way for a long time bud

[–] MindSkipperBro12@lemmy.world 1 points 9 months ago

Nothing new happens under the sun.

[–] Cryophilia@lemmy.world -4 points 9 months ago (1 children)

And that's also not true for the past year. Wages have out paced inflation.

[–] Maggoty@lemmy.world 2 points 9 months ago (2 children)

Whose wages?

Even without answering that question let's take a look at the 2023 numbers. According to BLS weekly wages went from 55k to 59k a seven percent increase. Inflation was 3.4. So we regained 3.6 percent.

The pandemic alone was worth 10 percent. And we've been left behind by the hundreds of points over the decades.

So while technically true, your statement is very misleading.

[–] EatATaco@lemm.ee 6 points 9 months ago (1 children)

The poster said that over the last year, wages have out paced inflation. Pointing out how that is not true for years prior doesn't mean his statement is misleading.

My comment, where this all comes from, was about how things are getting better as of late. So in context especially the comment is appropriate.

[–] Maggoty@lemmy.world 5 points 9 months ago (1 children)

Regaining 3.6 percent out of 137 points is a drop in the bucket. Of course if you frame it as just this last year it looks great. But food is still up by 20 percent on it's own. Trying to take a victory lap on this is how the working class gets fucked over again.

[–] EatATaco@lemm.ee -1 points 9 months ago (1 children)

Saying we're heading in the right direction is not taking a victory lap.

It's funny that you are whining about it being misleading, while repeatedly misrepresenting other comments.

[–] Maggoty@lemmy.world 3 points 9 months ago

It absolutely is a victory lap. Because we get this news and then nothing for another decade when suddenly everyone realizes we never made good on that progress. It happened in 2003, 2008, 2012, and now 2019. So yeah fuck that. I'm done waiting to be forgotten and then yelling into the void because the narrative of the win has set into the zeitgeist.

[–] Cryophilia@lemmy.world 1 points 9 months ago (1 children)

It's not technically true, it's just true. I specifically said "for the past year", so bringing up "over the decades" is what's misleading.

Especially in the context of Joe Biden, who has not been president for the past several decades.

[–] Maggoty@lemmy.world 3 points 9 months ago (1 children)

Yup you framed it the one possible way to make it look like good news. Great job, the Kremlin is always hiring propogandists.

[–] Cryophilia@lemmy.world -3 points 9 months ago

Kremlin propagandists HATE Joe Biden rofl what the fuck is this comment