The truth about inflation, wages, and the Biden economy

jeffw@lemmy.world to politics @lemmy.world – 33 points –
The truth about inflation, wages, and the Biden economy
vox.com
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For me my everyday prices have doubled but my wage has not. I don't know whos wage it is that is keeping up with inflation. Oh wait is that the one where they cut out all the purchases people have to make everyday?

I got a “raise” this year but it was half of the rate of inflation. This has happened several years in a row. My numbers get bigger but my money does less. Overall my income is less than when I started even though it looks like more, and I feel like I’m going crazy when everyone around me is happy with the same wage increases.

yeah I have been passively looking for a job that will pay what I was getting in 2021 as far as the cost of goods goes and so far most things end when I give my wage requirements.

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