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The tidbid they're not talking about are the fact that wages are down .5% https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html https://www.cnbc.com/2
by rdudek 5mo ago
The tidbid they're not talking about are the fact that wages are down .5%
https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.html https://www.cnbc.com/2026/05/12/cpi-inflation-april-2026-.ht...
- cyanydeez 5mo ago[flagged]
- rusk 5mo agoAs you’d expect from the staggeringly low (by international, 1st world standards) turnout
- Apocryphon 5mo agoState and local governments care?
- cyanydeez 5mo agodepends on the color of your skin in a lot of them.
- throwawaypath 5mo agoThey also don't care.
- ZeroGravitas 5mo agoThe very first time I thought "That's it, Trump is done, it's over" is when he complained wages were too high in the US. Clearly he thought it was a gaffe as he denied saying it shortly after saying it twice in two videotaped appearances. But he sailed on through that and many other misteps.
- BLKNSLVR 5mo agoEverything he says ever, all the time, should be his undoing. And with every 'next thing' the US moves further from any pretext of democracy or rule of law.
- pixelatedindex 5mo agoI feel like wages have stagnated too, but data says it has been keeping up (barely) with inflation: https://www.statista.com/chart/32428/inflation-and-wage-growth-in-the-united-states/?srsltid=AfmBOop_nmApDwe4rXBOCLg4mUxEAQHVCgu_DnzX7gzoRMR5fnG1BJkZ https://www.statista.com/chart/32428/inflation-and-wage-grow...
- jcranmer 5mo agohttps://fred.stlouisfed.org/series/LES1252881600Q https://fred.stlouisfed.org/series/LES1252881600Q That's what you call stagnating wages?
- runako 5mo agoThat chart is rough. Q3 2025 about equivalent to 5-6 years prior.
- joe_mamba 5mo ago[flagged]
- parineum 5mo agoPart of the reason people voted for "no more wars" was because of the long history of more wars from both parties. Desperate people make desperate choices.
- newaccountman2 5mo agoThere was literally no evidence voting for Trump would have reasonably led to less wars, and enough evidence, in fact, to the contrary.
- kxkdkdisoskdnen 5mo agoaside from the first term? guy lost his marbles after 2020 but there were no new wars in the first term and that was evidence. turns out he has different handlers this time. and dementia. but there were 4 years with no new wars. I liked that.
- newaccountman2 5mo agoThere weren't any "new wars" during Obama's and Biden's terms either, and Trump was clearly for years before he ran in 2016. Ukraine is something Russia started and the cost to the US is DoD dollars and military hardware. Iran is something the US and Israel started. It has led to casualties among American soldiers, civilians in Gulf countries, as well as economic cost that is falling on all of us.
- ryandrake 5mo agoYes, MAGA ran on a broad platform of chaos, griefing, and personal vendettas. You don't have to be a rocket scientist to connect the dots and know war was on the agenda.
- parineum 5mo ago
- giantg2 5mo agoThose are real wages. We would expect to see that during a sudden jump in inflation. Wages tend to lag inflation. The other interesting part in that article is that excluding fuel and food still shows 2.8% inflation - only 1% attributable to food and fuel. Makes it seem like the main article and this article have different spins. Edit: Wow people are jumping on this. The point is that food and fuel increases account for about 26% of the overall inflation number, meaning that the bulk of inflation is not related directly to fuel. The original article makes it it seem different.
- stuaxo 5mo agoAh fuel and food - those classic unimportant things.
- jcranmer 5mo agoFuel and food are excluded from core inflation not because they're unimportant (they are in fact incredibly important) but because they are much more volatile in price--going up and down in bigger increments--so that you get a more stable view of inflation by excluding them.
- array_key_first 5mo agoBut it's a bit of a nasty trick because food, in particular, has inflated in price a lot the past 3 years. Some items, like sugar, are legitimately double the price they were.
- HumblyTossed 5mo agoFor most Americans (aka: not the top 5% like SWEs), food and fuel increases hurt a lot.
- hnthrowaway0315 5mo agoSWEs do feel the pain, too. Not everyone has a 200K+ gig. Especially for a big family.
- keernan 5mo ago"With productivity rising at a brisk pace, the share of national income that goes to workers has sunk to its lowest point on record" https://www.nytimes.com/2026/05/12/business/economy/cpi-inflation-report-consumer-prices.html https://www.nytimes.com/2026/05/12/business/economy/cpi-infl...