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-square177fedilinkarrow-up11.01Karrow-down114
arrow-up1995arrow-down1external-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-square177fedilink
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up4arrow-down19·1 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-squareqwertyqwertyqwerty@lemmy.onelinkfedilinkarrow-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-squareorrk@lemmy.worldlinkfedilinkarrow-up12arrow-down1·1 year agothat may be true, if you live in the magic no change in cost of living world
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?
that may be true, if you live in the magic no change in cost of living world