4 ms·
Costs have inflated, wages have not.
by some_furry 3y ago
Costs have inflated, wages have not.
- gruez 3y agoThey have, though: https://news.ycombinator.com/item?id=38325650 https://news.ycombinator.com/item?id=38325650
- JumpCrisscross 3y agoThere is a psychological effect in that price rises are perceived as inflation while wage increases are seen as personally earned. So even though real wages are going up, at the individual level, they're not seen as being macro-economically driven.