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Then their reply in unrelated to the lament of the top comment (by jacoblambda) which was about salaries staying the same in absolute numbers and prices rising.
by huhtenberg 3y ago
Then their reply in unrelated to the lament of the top comment (by jacoblambda) which was about salaries staying the same in absolute numbers and prices rising.
Inflation-adjusted wages being flat mean that the quality of life linked to a specific job/profession stayed the same, which is absolutely perfectly fine.
- medvezhenok 3y agoQuality of life might not have stayed the same; quality of life as reflected by the CPI stayed the same (which is different; CPI includes things like hedonic adjustments - and depending on the value you place on those, the result might be different). Averages also hide very real disparities: software engineers are much better off today than they would have been 30 years ago; truckers, on the other hand, are much worse off today.