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re: The DowJones Industrial Average AND the S&P500 Index both closed at record highs today
Posted on 1/21/24 at 12:47 pm to JohnnyKilroy
Posted on 1/21/24 at 12:47 pm to JohnnyKilroy
quote:Same.
I don't know a single person who is out of a job or is underemployed to any significant degree. Wages, much to the chagrin of a lot of posters here, skyrocketed in 2020, 2021 and into 2022. If you aren't making a significant amount more in 2024 than you were at the beginning of 2020, then that is a personal problem stemming from a lack of skills, effort or initiative.
One ignored part of the Carter years of inflation was how much of it was wage inflation. Lots of stories people tell about inflation are false.
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