TheDemonBuer, (edited )
@TheDemonBuer@lemmy.world avatar

But I think you can understand why three years of improvement after four decades of stagnation might not dramatically move peoples’ perception of the economy. Plus, are real wages up for everyone? Is it average real wages? Median? There’s a big difference. It’s entirely possible some people are experiencing much more real wage growth than others.

Edit: apparently a lot of you are confused. You seem to think that if wages are up for some, they must be up for all. That’s not how it works. Not everyone got a raise over the last three years. Some people did, others didn’t. Some people saw their income increase dramatically, some saw their income stay about the same, and some saw their income go down. And that’s true whether the incomes in question are measured in “real” (inflation adjusted) terms or are nominal figures.

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