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by asdgioanionio 1040 days ago
Because their pay also increased. People can generally afford higher prices. Real wages have remained remarkably stable in the last few years.

The article itself says this. Somehow, it manages to spin it into bad news.

>Even though prices have soared, real earnings, which adjust for inflation, are stuck at late 2019 levels.

People can afford the same lifestyles they could a few years ago. The US weathered the outbreak of war in Europe and the worst pandemic in generations without serious economic hardship. Somehow, in CNN's view, this is a problem. Real wages haven't been stable. They haven't been resilient. No, they've been "stuck".