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Real wages in the US have declined for a record 18 month. During the entire Biden administration the average US worker has lost purchasing power every month (lemmy.ml)

submitted 2 years ago by yogthos@lemmy.ml to c/usa@lemmy.ml

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[–] Aria@lemmygrad.ml 1 points 2 years ago* (last edited 2 years ago) (1 children)

Yes I understand, but the difference between a 15K/yr wage (USA mode wage) and a 300M/yr wage (Highest wage I found quickly, Sundar Pichai) is still big enough to impact statistics.

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[–] yogthos@lemmy.ml 1 points 2 years ago

Sure, but in the end we end up looking at the median wage, and that's going down when considered in the context of purchasing power.

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