cowpowered@lemm.ee to politics @lemmy.world · 1 year agoUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comexternal-linkmessage-square344fedilinkarrow-up1663arrow-down145
arrow-up1618arrow-down1external-linkUS economy going strong under Biden – Americans don’t believe itwww.theguardian.comcowpowered@lemm.ee to politics @lemmy.world · 1 year agomessage-square344fedilink
minus-squaremwguylinkfedilinkarrow-up2arrow-down1·1 year ago$30 of increase since the 1980s is entirely are up by problems in how we measure CPI. Even the understatement in housing alone would eat up that “increase.”
minus-squarenbafantest@lemmy.worldlinkfedilinkarrow-up3·1 year ago$30 of real wages increase. Yes we do have a housing shortage, but OP is wrong about wages not increasing
minus-squaremwguylinkfedilinkarrow-up1arrow-down1·1 year agoSystemic problems in how we measure “real” dollars have probably outpaced $30 in that timeframe.
$30 of increase since the 1980s is entirely are up by problems in how we measure CPI. Even the understatement in housing alone would eat up that “increase.”
$30 of real wages increase.
Yes we do have a housing shortage, but OP is wrong about wages not increasing
Systemic problems in how we measure “real” dollars have probably outpaced $30 in that timeframe.