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WaldoStackjoiner /
npub1mvm…sx77
2023-06-28 19:16:46

WaldoStackjoiner on Nostr: White House claim: "In May, real average hourly earnings rose 0.3% over the month and ...

White House claim: "In May, real average hourly earnings rose 0.3% over the month and 0.2% over the last 12 months"

The problem? This is based on CPI at 4%, NOT food at 6.7% and housing at 8% (2 of 3 largest expenses).

Inflation-adjusted wages are NOT positive.

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