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re: Inflation Outpacing Wage Growth For Over 40% Of Americans

Posted on 7/24/25 at 7:10 pm to
Posted by Bourre
Da Parish
Member since Nov 2012
23078 posts
Posted on 7/24/25 at 7:10 pm to
quote:

Not like the last four presidents have.


See, now you’re getting it. Good boy, you get a sticker
Posted by lsucoonass
shreveport and east texas
Member since Nov 2003
69704 posts
Posted on 7/24/25 at 7:11 pm to
In my profession the only way to get wage increases is by changing jobs
Posted by SidewalkTiger
Midwest, USA
Member since Dec 2019
66740 posts
Posted on 7/24/25 at 7:12 pm to
quote:

Competent young workers still getting promotions/raises. Not seperating the two is asinine.


This.

I had a job in 2018 that paid $18 an hour. Same job pays $24 an hour today.

Personally, I have nearly tripled my income since 2018.

Posted by CollegeFBRules
Member since Oct 2008
25352 posts
Posted on 7/24/25 at 7:13 pm to
And you’re right back to simple.
Posted by bayoudude
Member since Dec 2007
25840 posts
Posted on 7/24/25 at 7:16 pm to
quote:

Even though the biggest erosion of spending power is increase in insurance - health, auto, homeowners. But


I can attest as I currently pay $2,000 a month between health, auto and home insurance plus you can tack on another $350 for property taxes. Make more now albeit not allot more than I did 20 yrs ago but feel poorer.
Posted by Bayou
Boudin, LA
Member since Feb 2005
41538 posts
Posted on 7/24/25 at 7:18 pm to
If you're looking for the government to be responsible for growing your wealth you are pathetic. America is doing quite well right now.
Posted by bayoudude
Member since Dec 2007
25840 posts
Posted on 7/24/25 at 7:24 pm to
The profession I am in has had stagnant wages for decades. The government spending off a cliff has led to this inflation so yes you prick they are responsible
Posted by Dixie2023
Member since Mar 2023
4616 posts
Posted on 7/24/25 at 7:27 pm to
Nothing wrong with those? People have to start somewhere. If I were young and found one in this economy I’d buy it. Better than renting.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
36952 posts
Posted on 7/24/25 at 7:56 pm to
quote:

America is doing quite well right now.


People are getting fatter, dumber, and poorer but sure
Posted by BabyTac
Austin, TX
Member since Jun 2008
15792 posts
Posted on 7/24/25 at 8:00 pm to
I came out of college as an engineer 25 years ago making 56k. Bought my first house at 25 for $112k. We now offer young engineers $70k. The starter homes are priced at $300k. Every other cost is more than double.

That doesn’t exist anymore. We will collapse.
Posted by MC5601
Tyler, Texas
Member since Jan 2010
4219 posts
Posted on 7/24/25 at 8:41 pm to
quote:

I came out of college as an engineer 25 years ago making 56k. Bought my first house at 25 for $112k. We now offer young engineers $70k. The starter homes are priced at $300k. Every other cost is more than double. That doesn’t exist anymore. We will collapse.


This is exactly the problem. My dad talks about making $100k for the first time in 1998 and feeling like he was doing well with a stay at home wife, 3 kids and a 3100 square foot house he bought for $120,000. To do that now as an upper middle class family you’d have to make $300k
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
93450 posts
Posted on 7/24/25 at 9:18 pm to
They are about 3yrs late on this article. I wonder why
Posted by TheHumanTornado
Baton Rouge, LA
Member since May 2008
4073 posts
Posted on 7/24/25 at 9:18 pm to
So much winning
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
43938 posts
Posted on 7/24/25 at 9:22 pm to


End the Federal Reserve.
Posted by SuperSaint
Sorting Out OT BS Since '2007'
Member since Sep 2007
148269 posts
Posted on 7/24/25 at 9:25 pm to
quote:

Our daughter's school last year was mostly black.
Posted by Cockopotamus
Member since Jan 2013
15939 posts
Posted on 7/24/25 at 9:29 pm to
Btc and hodl
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40281 posts
Posted on 7/24/25 at 10:12 pm to
quote:

Our daughter's school last year was mostly black.
quote:

My wife and I pull in around $300,000 / year from our jobs


Damn that’s crazy
Posted by VOLhalla
Knoxville
Member since Feb 2011
4986 posts
Posted on 7/24/25 at 10:37 pm to
quote:

Yea, totally Trump’s fault when he’s been in office for 6 months. It’s definitely not your boy Biden and his democrat comrades printing money and flooding the economy with it. Totally not their fault!!


4 years and 6 months Did you forget about Trumps’s first term when he ran record deficits? And then Covid hit and Trump started spending like crazy and sending families quarterly checks and doubled the child tax credit?

Trump’s covid spending was the single biggest reason for 2021-2022 inflation that pissed off everyone (second biggest cause was Biden’s Covid spending).

Trump ain’t fixing the deficit and inflation is going to get worse when tariff start to get enforced
Posted by thedisciple315
Albany, NY
Member since Sep 2015
307 posts
Posted on 7/24/25 at 10:46 pm to
Right but even Dems agreed that Trump's bigly stimulus was necessary in response to Covid. Major difference is that Biden pumped another several trillion into the economy knowing that Trump had already pumped 6 trillion very recently.
Posted by dgnx6
Member since Feb 2006
85871 posts
Posted on 7/24/25 at 11:01 pm to
quote:

While annual wage growth remains just above the annual rate of inflation, which grew to 2.7% in June, “the gap between the two is the narrowest it’s been in 12 months” Indeed added.


What did they say in 2022 when inflation reached 9.1%?




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