this post was submitted on 19 Jun 2024
481 points (91.8% liked)
memes
11637 readers
2226 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to [email protected]
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
A collection of some classic Lemmy memes for your enjoyment
Sister communities
- [email protected] : Star Trek memes, chat and shitposts
- [email protected] : Lemmy Shitposts, anything and everything goes.
- [email protected] : Linux themed memes
- [email protected] : for those who love comic stories.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
I found a recent article by them that said it was outpacing inflation for a month in the sense that wages were growing in real value, which is an incredibly weak standard.
Practically speaking they should be doubled or more to come close to affordability for many Americans.
Long before wages create affordability, they have to out pace inflation. It's going to take a long period of wages slightly beating inflation for the public to be happy.
Or we could have another recession to make prices drop, but wages would lose ground to inflation when it returns.