this post was submitted on 22 Feb 2024
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chapotraphouse

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[โ€“] Adkml@hexbear.net 21 points 1 year ago (1 children)

Wage growth is totally dogshit but that's been true for 30 years. This inflation stuff really is fucking crazy. You can barely walk out of a grocery store for less than $60. Everything has gone up damn near 50% in the last two years between prices going up and pirti9ns of literally everything going down.

Enshitificiation really is in full swing.

[โ€“] FuckyWucky@hexbear.net 9 points 1 year ago

Yea, i meant, low real wages. If inflation is 10% and wages increase 20% thats still good. but in this case there is no counter to inflation in form of increase in wages.