According to my organization’s analysis, working-class Americans’ wages, adjusted for inflation, have just edged higher than they were on Election Day, 2020. The average working-class American can now answer “Yes” to the question, “Are you better off now than you were under Donald Trump?”
https://thehill.com/opinion/finance/4882184-rising-wages-working-class-americans/
WOW inflation down without causing a recession.
S&P at RECORD HIGH
https://www.cnn.com/2024/09/19/investing/stocks-fed-rate-cut/index.html
Thanks Biden/Harris.
you're a little behind the times. The last time wages actually gained on the standard of living was 1969. They fell into a continuous deficit in 1978. Republican congress/WH or Democrate congress/WH, doesn't matter. Both parties have sold out this country and will not fix it. At this point they can't fix it. And neither can Trump
So it took 4 years for wages to ease higher. But we know that expenses are dramatically fanatically higher.
For sure. Thanks Harris.
Is she going to give back the $34 billion she wasted on internet access? The program she took charge of and that has not connected anyone as of yet? Had Joe built more than 4-5 charging stations with the $9 billion of ev money? Or are they just pissing it away on more DEI and greenie leftist agenda items as usual?
Let's examine YOUR words, "just edged". What this means is that for almost 4 years, under Biden, adjusted wages were LOWER than when Trump left. Now wages have come back to where they were because the destructive inflationary policies of Biden have worn off. The only reason inflation is DOWN is cuz Biden caused inflation to go way UP in the first place. Your whole statement is an indictment of the Biden-Harris economic policies, and you didn't even realize it. "Thanks Biden/Harris" would really be "Thanks for nothing", if they hadn't fucked things up (and lied about it) to begin with. It's like you saying, "you gave me Covid, but I'm over it, so thank you."
yet, people could pay for private college tuition (up 1300% in 40 years) without taking out loans or pay their mortgages (up 1079% in 40 years) working as a checker or night stocker (up 300% in 40 years) in a grocery store or similar union job in the 1970's and early 80's
and two income households were bonus points and not required as they are now
now you can work three such jobs and not be able to make ends met much less pay a mortgage
since bummer created the 30 hr a week fulltime, no benefit job market for his big money backers
how does an hourly wage increase help when you can only get paid for 30 and not 40 hours per week?
incremental wage increases are never going to fix this problem as long as real inflation strongly outpaces them
keep telling yourself things are getting better when they are clearly not
Why not compare it to pre-Covid?
We all know the answer.
What organization do you work for again? Did the organization average in the American's that were on Covid relief disability/unemployment , or only the ones with actual jobs? Was this after the fake report (that will be corrected in 3 months) that inflation is easing?