Overtime tax is gone and they cheered as their buying power and rights and social services and education and retirements and possibly friends and family are taken away from you by a group of people who support a rapist felon child diddler. God™ bless the USA.
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Yeah, "rising wages" are mostly due to the wage offered to new employees. Existing employees don't get shit and inflation is still eating away at their buying power.
The purchasing power of average Americans has been in decline for generations.
Only 40%?
Cool so head in to the office so they can refuse salary increases but you essentially get a pay cut since you're not losing $12000 for daycare and $3000 for parking spaces
It outpaced virtually everyone over the last 5 years at some point. It's all just a big fucking joke to the current administration.
The economy is a fucking mess, and Trump only has time to fuck more of our poorest people, and even our middle class, over in creative and new ways.
Not just inflation but also everything has become a "small monthly service" now and those prices rise every few months. Life was simpler and less fee-based when I was a kid and teenager, just less expenses in general.
From the article, the 40% with falling wages are not the ones I expected. Custodians, grocers, and service sector are in the top 50% it seems, their wages are doing well vs inflation. It's surgeons and programmers who are seeing wages drop.
So it's kinda a weird headline. From the article, this sounds like the labor gains I would want to see.
There's a solution to this, but I don't think a lot of people here will like it. Fix the money and stop measuring your worth in worthless fiat currencies
For the conservative people, hold and measure your net worth in gold and you'll notice things get cheaper.
For those, like myself, who are native to the internet, do the same thing but with Monero.
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