June [July] inflation

You sound like a fool. Can you find the post where I said there hasn't been inflation? And speaking of inflation and percentages, do you understand that inflation is measured as a percentage increase?

 

You just show me where wages increased more than $8,500 in the last 2 years. Simple.

 

Sure. Will my W-2 forms from the last couple of years do?

 

Sure, post them. Then show how wages increased $8,500 in the last 2 years. I'll wait.

 

My wages have increased by more than $8500 in the last 2 years. I guess that means I'm better off.

 

Wages were up $5,000 last year $55,628 to $60,675. See link below from the social security office which reports it annually.
National Average Wage Index

Year to date they are up 6% over LY through June. 6% on $60,675 gets you to $64,297. Regardless how you calculate it real wages already does this math for you. That’s why they are flat. Plus if you pick some time between 2020 and now as your baseline you are stupid. There is too much noise in government payouts and cost fluctuations. Use 2019 as a baseline. Real wages are flat.

$55,628 to $64,297 is $8,669.

Youre welcome.

United States Wages and Salaries Growth - July 2023 Data - 1960-2022 Historical

@dangolegators You have more patience than I.

 

His own BLS link shows that real wages are higher now than they were in 2019.

 

Wow, that's awesome! One issue though. It's from 2021 until now. So START at $60.675. See, when someone says in the last 2 years, you subtract 2 years from now, which goes to 2021 not 2020 like you posted. Good try though!

 

Can you point me to where I discussed 2019? Just find point that out. Oops.

 

You included a link that shows 2019 numbers. If you don't want people discussing 2019 numbers, then don't include links that have 2019 numbers in them. Your link shows that People in 2023 are better off than they were in 2019 in terms of real income. That's good, right? That's what we want, isn't it?

 

What link?

 

It's in a BLS link you included. Maybe you can figure it out.

 

You literally have no idea what you are talking about.

 

You got called out. Sorry, your math didn't work. Back to the drawing board LOL.

 

I posted a long chart that includes data back like 20 years. So you bring up something that I haven't been discussing? Makes zero sense. Just admit prices are up more than pay over the last 2 years and I'll drop it. Otherwise you can continue to look foolish on here. Up to you.

 

It's in your link. If you didn't want to talk about 2019 it you shouldn't have included those numbers in your cut and past. Real incomes are higher now than they were at the end of 2019. Don't you think that's a good thing?

 

LOL. You keep trying don't you. So, again for about the 4th time now, Have salaries gone up more than $8,500 in the last 2 years. Simple Yes/No question. Until that is answered I won't be answering anything from you. I'll just keep asking.

 

I don't know if salaries have gone up more than $8,500 in the last 2 years. I'm sure for many people, myself included, they have. And I'm sure for many people, they have not. You haven't presented anything that shows what your $8500 figure is based on. Is it based on CPI?

 

Again, do you think salaries on average have gone up more than $8,500 in the past 2 years. Yes/no question.

 

I don't know. What is the $8500 number based on?