3 ms·
The poster you're replying to means that inflation-adjusted wages are roughly at an all time high, which is true: https://fred.stlouisfed.org/series/COMPRNFB h
by rendang 3y ago
The poster you're replying to means that inflation-adjusted wages are roughly at an all time high, which is true:
https://fred.stlouisfed.org/series/COMPRNFB https://fred.stlouisfed.org/series/COMPRNFB
Aside from the distortion from the pandemic unemployment wave, people make more now than ever before. All of this data is publicly accessible.
No, food has not inflated 3.5x, and food is also a pretty small portion of Americans' spending.