Re:Why America's economy is soaring ahead of its rivals
by bpt3 on Thursday December 05, 2024 @09:30AM
(#42328544)
Sorry, I assumed this statement you made was correct: "real wages have only increased 2% annualized since 2019."
A 3% increase over 5 years is not bad at all. Go look at historical data or data from other places if you would like more information.
Real median earnings since Q4 2019 are only around 3% higher:
https://fred.stlouisfed.org/series/LES1252881600Q
Real median household income is still lower than 2019:
https://fred.stlouisfed.org/series/MEHOINUSA672N