If wages really are up, it’s only because they’re chasing inflation. I have my doubts, especially when you factor in wages versus inflation over the past 30 years. You might’ve gotten a slight gain in the past couple of months, but it’s nothing when measured cumulatively.
Yeah, wages generally go up due to inflation. And as you suspected, reports generally agree that wages are below inflation rate, meaning a decrease in real wages.
It's just another politician claiming credit for social/economic trends that happen while they're in office. The article says "The nation experienced the largest single-year drop in murders on record last year" and the article it links to says "The big picture: The decline in killings is part of a broader decrease in violent crime following the COVID-era spike". That could easily be spun as "Trump fucked it up in his first term and Biden fixed it" if you wanted to play that game.
7 Comments
Jumbie@lemmy.zip · 12 pts · 224d
The American Nazis have infiltrated every organization. Assume all statistics they release are lies.
reddig33@lemmy.world · 4 pts · 224d
If wages really are up, it’s only because they’re chasing inflation. I have my doubts, especially when you factor in wages versus inflation over the past 30 years. You might’ve gotten a slight gain in the past couple of months, but it’s nothing when measured cumulatively.
jacksilver@lemmy.world · 2 pts · 224d
Yeah, wages generally go up due to inflation. And as you suspected, reports generally agree that wages are below inflation rate, meaning a decrease in real wages.
powerstruggle@sh.itjust.works · 4 pts · 224d
Is there more context to this, link or source or anything? Preferably not from somewhere the administration can bully into faking numbers.
EDIT: Source here: https://web.archive.org/web/20260115002055/https://www.whitehouse.gov/articles/2026/01/mass-deportations-are-improving-americans-quality-of-life/
It's just another politician claiming credit for social/economic trends that happen while they're in office. The article says "The nation experienced the largest single-year drop in murders on record last year" and the article it links to says "The big picture: The decline in killings is part of a broader decrease in violent crime following the COVID-era spike". That could easily be spun as "Trump fucked it up in his first term and Biden fixed it" if you wanted to play that game.
GhostedIC@sh.itjust.works · 1 pts · 224d
This is a valid point if you don't want to take the WH word for it.
Jyek@sh.itjust.works · 2 pts · 224d
Got a pay cut and rent went up this year...
ZombiFrancis@sh.itjust.works · 2 pts · 224d
All the different levels of absurdity going on here aside...
I mean I guess it's just shorthand to use the terms interchangeably anymore. It's essentially just homeowners being pushed into serving rentiers.