4 ms·

> prices were increasing pretty steadily during the pandemic and now it's even worse. I can remember so many items being as cheap as 25 cents each during the 90

by Aachen 6y ago

> prices were increasing pretty steadily during the pandemic and now it's even worse. I can remember so many items being as cheap as 25 cents each during the 90s and into the 00s... How long have you been having a pandemic for? Joking aside (that sentence read a bit weirdly), I don't think you should compare what happened in the 90s with what happened since 2020-02. If inflation surpasses minimum wage in the long term, that's not the same as prices soaring because of supply chain changes. And for what it's worth, I've not noticed any price increases here between 2020-02 and last week. This is way too anecdotal and conflating different situations to be useful.

bobitsaboy 6y ago
Simply comparing prices from the 90s onward. They've risen significantly more over time while wages haven't seen a bump here in Ohio since 2008.
- whelming_wave 6y ago
  that sounds like the general trend of wages in the US to not adjust upwards since Reagan’s presidency
  - frockington1 6y ago
    The data does not support this, wages have been in the 2-4% rate for a while now. Seems tied to economic conditions rather than who is president. Source: https://www.epi.org/nominal-wage-tracker https://www.epi.org/nominal-wage-tracker
    - whelming_wave 6y ago
      The data does, really - on an off-hand search I found this[1], though I'm sure many more could be found. The US has trailed the rest of the world for decades on wage growth and income equality. [1]: https://www.epi.org/publication/charting-wage-stagnation/ https://www.epi.org/publication/charting-wage-stagnation/