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But I'm not getting a dollar more, I'm just getting charged a dollar extra. Wages will never actually keep up with inflation, they certainly haven't thus far. I
by cheeseomlit 5y ago
But I'm not getting a dollar more, I'm just getting charged a dollar extra. Wages will never actually keep up with inflation, they certainly haven't thus far. In part because government inflation statistics are not trustworthy
- xapata 5y agoGovernment inflation statistics do report that wages have inflated more slowly than a consumption basket since the 70s, on average. If you want to talk about consumer price inflation as distinct from wage inflation, do so, but be specific.