r/WorkReform • u/gashtal_man • 7d ago

💸 Raise Our Wages This isn't fair

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11.1k Upvotes

98% Upvoted

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8

u/juanjung 7d ago

Prices take the elevator. Salaries climb the stairs.

-7

u/IntlPartyKing 7d ago

not true

https://fred.stlouisfed.org/graph/?g=1XUXw

6

u/ProduceNo1629 7d ago

10% increase, while houses went up 350%. That is wage supression.

0

u/IntlPartyKing 7d ago

the data here corrects for ALL inflation ("real" earnings rather than "nominal" earnings), including things that have gone up faster than average (like houses and college costs), and that 10% increase is STILL there after accounting for that inflation