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by Analemma_
288 days ago
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That's why I specifically said real wage growth. In 2022-2023 wages for the bottom ~35% of workers increased at their fastest rate after accounting for inflation. Inflation-adjusted wages for the middle ~40% were basically flat and decreased for the upper quartile. And since that last cohort is the one which dictates policy, they'll make sure it won't happen again. |
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