These meager token “raises” are, for many if not most of us, wildly insufficient compared to the rising costs of everything (due in very large part to the aforementioned corporations and their year over year record profits).
Sounds nice on paper but that’s not reality for a significant number of people still scraping by paycheck to paycheck, many with college degrees and years of experience, one shitty day away from being homeless.
These meager token “raises” are, for many if not most of us, wildly insufficient compared to the rising costs of everything (due in very large part to the aforementioned corporations and their year over year record profits).
That’s not true, wages have outpaced inflation. So for most people, their costs have been covered by higher wages.
Can you cite a source for this? It is not what most people are anecdotally experiencing so you are being down voted.
https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households
Most people actually are better off, because 50% (the median) is doing much better under Biden than under Trump
Sounds nice on paper but that’s not reality for a significant number of people still scraping by paycheck to paycheck, many with college degrees and years of experience, one shitty day away from being homeless.
This was just as true four years ago, and it was true twenty years ago. I’m talking about the improvements under Biden:
https://home.treasury.gov/news/featured-stories/the-purchasing-power-of-american-households
I refer you to my previous comment.
Which previous comment