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Started By
Message
re: interest rates on home mortgages wont fall anytime soon
Posted on 7/25/23 at 4:54 pm to doubleb
Posted on 7/25/23 at 4:54 pm to doubleb
quote:
but salaries are much higher now.
They are not. Wages are always behind. Which is what everyone is banging into this thread.
Basically this:
Or a few more sources:
I don’t like millennials bitching, but here they have a point. Wages are stagnant and have been for some time.
This post was edited on 7/25/23 at 4:59 pm
2
Posted on 7/25/23 at 4:59 pm to Junky
quote:
They are not. Wages are always behind. Which is what everyone is banging into this thread.
Yep
Boomers voted 5.15 an hour minimum wage back in the day for themselves and only begrudgingly raised it 60 cents for millenials in like 2009 when they got scared by occupy wall street
Posted on 7/25/23 at 5:07 pm to Junky
Salaries are much higher now than they were in 1976.
There were inflation rates were in the late 70s and early 80s. What you are seeing now is nothing compared to what we saw under Jimmy Carter.
There were inflation rates were in the late 70s and early 80s. What you are seeing now is nothing compared to what we saw under Jimmy Carter.
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