Inflation is most certainly a problem for the bottom 90%, affecting each part of the 90% differently. An average hourly increase does not mean real income growt

Inflation is most certainly a problem for the bottom 90%, affecting each part of the 90% differently. An average hourly increase does not mean real income growth by itself. As you move from high to middle to low class, consumption becomes a bigger piece of the expense pie(rent, food, clothes, etc...) and those goods are also the ones that are increasing in price. Meanwhile someone that bought a house last year basically anywhere has probably seen a large appreciation.