That means 40 % are falling behind! Would not happen under Trump. Thanks Joe Biden.
I can agree that most people got a raise this year. I do not agree that most of those people got a raise even after inflation.
2024. Here it comes! For the next 11 months the media is going to tell you this is the greatest American economy EVER!
I’m doing well right now, and gas is $2.49 a gallon.
The Hill polishing turds again. Did SS recipients get a 23% raise since 2019?
propaganda
Americans earned more last year
But the cost of living went up higher no net gain.
More lies. Prepared by evil unAmericans.
And was "more"...50 dollars...a hundred dollars...
Hey, Julia, is that why US passenger car fleet is the oldest it’s ever been (12.5 years)? https://www.roadandtrack.com/news/a43903366/average-car-age-12-years/
“Some 57 percent of workers earned higher inflation-adjusted wages in November compared to one year earlier, the analysis found.
Actually they are saying the right thing but applying it to the wrong situation.
Wages are up because people can’t afford the cost of basics. But basics have gone up just as fast as the wages, if not more in some items, so the adjustment to wages is also up to keep workers. You notice they didn’t say across the board on costs. If they selected any particular item they would have to prove other items that exceeded the inflation. And some high volume items went so far up they couldn’t be afforded.
For example, a loaf of bread went from $1.55 in January 2020 to $1.89 in January 2023. That’s a 18% increase in one year. Only 34 cents. But there are bigger fish in the basic needs. The average cost of new cars is now well over $48,000—up almost $6,000 from two years ago and about $10,000 from September 2020, according to Kelley Blue Book. That ain’t bread. So is that number being compared for bread or autos. They lie you know.
wy69
The sHill is trying to cover for the Demon Rat party.
may have earned more because minimum wage went up, along with prices of just about everything else!