The typical U.S. worker out-earned inflation by $1,400 a year, data shows

[Roo Island]

In the tug-of-war between paychecks and prices, the typical American worker has come out on top.

While higher costs for everything from milk to medicines have preoccupied U.S. consumers in the pandemic era, earnings have, on average, also risen enough so that the  purchasing power of households has grown slightly. And blue-collar workers have been the biggest beneficiaries.

An analysis published in July by economists at the Treasury Department found that the median workers can afford the same representative basket of goods and services as they did in 2019 — plus have an additional $1,400 a year.  

 

https://www.nbcnews.com/business/economy/typical-us-worker-earned-inflation-1400-year-data-shows-rcna168579

[NorthernRyland]

The treasury department you don't say?

 

This is almost certainly B.S. but it's going to take too much time to figure out why and I don't care enough (probably one of their indexes is deceptive like the CPI). They control the money supply and they're responsible for creating so much currency so they have a vested interest in lying about their performance.

 

Also it's reported by NBC, corporate, regime controlled media. Lying to Americans in advance of the next election to bolster their interests. You know this is garbage information but who has the time to debunk it.

 

 

[Roo Island]

3 minutes ago, NorthernRyland said:

The treasury department you don't say?

 

This is almost certainly B.S. but it's going to take too much time to figure out why and I don't care enough (probably one of their indexes is deceptive like the CPI). They control the money supply and they're responsible for creating so much currency so they have a vested interest in lying about their performance.

 

Also it's reported by NBC, corporate, regime controlled media. Lying to Americans in advance of the next election to bolster their interests. You know this is garbage information but who has the time to debunk it.

 

 

Post something that proves it wrong. Just because it's from the government doesn't mean it's wrong. Unless you fall for the fake news right wing media outlets