ST Alpha - "But again, for the most part wage increases are outpacing inflation (which includes all of these elements). People aren't seeing as much benefit from" (Reading a Post)

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In response to "Affordability crisis. Insurance, healthcare, childcare, education, housing, etc are all squeezing people hard so inflation has an outsized impact on " by oblique

But again, for the most part wage increases are outpacing inflation (which includes all of these elements). People aren't seeing as much benefit from

Posted by pmb (aka pmb) Oct 23 '24, 09:23

their increases because of inflation that they would have hoped for, but on average they aren't falling further behind. And I will just note again, for those people that vote for Trump because it was "better when he was president", (a) it wasn't in that last year when he had to deal with the pandemic (unemployment skyrocketed), (b) he offers no plans to actually fix any of this (other than to just say he'll fix it) and (c) Harris actually has plans aimed at these issues. To me it's just lazy to say it was better under Trump. People just remember life before the pandemic fondly.

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Prices went up under his administration because of his tariffs back then and we lost jobs as a result. - . Oct 23, 10:16 1
- He's saying much higher tariffs and notwithstanding all economists saying it will blow up inflation, people just ignore the realities. -- nm - pmb Oct 23, 10:32

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But again, for the most part wage increases are outpacing inflation (which includes all of these elements). People aren't seeing as much benefit from

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