Wages not keeping up with cost of living
I wish people would stop using this BS line about “highest inflation since 1982, when it was over 7%!”
It’s like people who report on the perversions of the LGBTQXYZ crowd, but then refer to men with mental illnesses as “she.” They’ve already ceded the argument.
As documented at shadowstats.com, if we were still honestly measuring inflation with the same model as was used in 1982, the published rate would be almost SIXTEEN PERCENT, which would push us back Another 35 years to match the post-war inflation of 1947.
The Expert™️ Economists have been manipulating the model since the 1980’s in ways that would make an FDA approval committee blush at the audacity.
Writing about 7% when it’s over 15% to real people is a disservice.