Re:If wages are to rise, workers need more bargaining power
by xapata on Wednesday June 06, 2018 @12:23PM
(#17248434)
I think he meant that the mean is not the message. If you're an outlier, you don't care what the mean consumer price inflation is.
Re:If wages are to rise, workers need more bargaining power
by vanderZwan on Wednesday June 06, 2018 @03:09PM
(#17250090)
Correct, but I think it is very understandable that I was misinterpretated. Luckily, the replies to the misinterpretation are still very informative in a different way! :)
tl;dr Of course it can.
[0]: CPI https://www.bls.gov/opub/hom/pdf/homch17.pdf
[1]: PPI https://www.bls.gov/ppi/ppidr201804.pdf