President Joe Biden has opened a new line of attack against former President Donald Trump. At a campaign fundraiser in the Dallas area on Wednesday, Biden asked and answered the classic “are you better off today than you were four years ago” question to remind voters of what it was like when Trump w
What is your citation for saying this? Mine is here. The yellow bar at the very top, +5.7%, represents the poorest segment of workers making wage gains that outpaced inflation. Where are you getting your 3% or 4% numbers?
I’m starting to suspect that a lot of the Lemmy population may be in the tech-savvy early adopter white-collar-job segment up in the top 10% (the brown bar showing -5%, wages dropping compared to inflation for the very top earners as tech jobs slow down and the wage gap shrinks). I’m not saying that wage drop at the top is a good thing necessarily, but it’s very different from everyone being worse off.
Here’s a breakdown of the average wages overall; that black line at the top shows a year-on-year compounding growth in wages adjusted for inflation in 2020, 2021, and 2022, even facing the difficult conditions that kept almost every other first-world country down in the bottom half of the graph, where wages are actually dropping.
Those are my sources. What are yours for the specific claims you’re making?