• mozz@mbin.grits.dev
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      1 month ago

      Pop quiz! What was cumulative inflation for the last 4 years, and what was the change in working class wages?

      Basically what I’m asking is, did people get more poor, or less poor? Were there any specific government actions that led to this outcome?

      • AwkwardLookMonkeyPuppet@lemmy.world
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        1 month ago

        Unfortunately the official inflation number doesn’t represent real world price increases on necessary goods, which often outpace inflation.

        • mozz@mbin.grits.dev
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          1 month ago

          This is a common talking point, totally dishonest in this case. What are you claiming the real inflation number should be, and why are you saying the prices of what real world goods went up by that amount? Like with citations and precise numbers.