Indeed. The problem is that for most people income doesn't really go up unless they change jobs. Or, at least it goes up so slowly (0-3%/yr) as to be undetect

Indeed. The problem is that for most people income doesn't really go up unless they change jobs. Or, at least it goes up so slowly (0-3%/yr) as to be undetectable compared to, for example, the price of a loaf of bread going from $4.99 (2020) to $5.99 (2023) to $6.99 (July 2024) to $7.99 (December, 2024). I think the "vibecession" concept makes sense when considering CPI of consumables since individuals are far more attuned to price changes than they are for durable goods.