Re:Worker pay isn’t keeping up with inflation
by vermilingua on Friday December 17, 2021 @07:26AM
(#29591254)
Do you have any sources for that claim? Anecdotally I believe that to be entirely false, but if there are studies you’ve read that back you up I’d love to read them.
Re:Worker pay isn’t keeping up with inflation
by ghaff on Friday December 17, 2021 @10:25AM
(#29593404)
Here is one JD Power survey although you'd probably have to dig to find numbers over a longer period of time.
In my experience, it's clearly true overall. In the 1970s, say, you're probably looking at a car in the snow belt lasting 5 years because of rust and 100,000 miles was generally considered very high mileage.
They have to because services are distributed and it's super expensive and disruptive to sell an owned-residence.