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Items tagged with: CostOfLiving
"Are most #Americans better off financially than they were before the pandemic?
...If prices go up but people’s incomes go up faster, then the #CostOfLiving decreases. And that is exactly what has happened in the #US over the past five years.
...When #inflation was at its worst, in late 2021 & 2022, prices were rising too fast for workers’ pay to keep up. Over the course of 2023, however, the rate of inflation plummeted while #wages kept rising"
https://www.theatlantic.com/ideas/archive/2024/06/us-economy-excellent/678630/
