Well the rich sure did well the last 4 years. So did union workers btw. They will be making more the next 4 years thanks to striking and Biden's support. But you'll give Trump credit for those wages going up, won't you?
Let's not forget From 2019 to 2022, the median net worth of American families jumped 37% to $192,900, after adjusting for inflation. Itās the largest increase ever recorded by the federal Survey of Consumer Finances, released last fall. Surging
home values and rising stock ownership fed the surge.
So who didn't do well the last 4 years? Poor people who pay rent or want to buy their first home or a car or eggs or chicken? So don't forget, you're going to show us how you MAGA for them. Because America never stopped being great for us.
Yes, most American workers have seen their wages increase faster than inflation since the pandemic began. However, the impact of inflation varies by individual and family, and some consumers still feel the pinch of high prices:
Since 2020, average wages have increased by about 25.7%, while inflation has increased by about 20.9%.
- Industry
Wage growth has been strongest in industries with the highest demand for labor, such as leisure and hospitality and accommodation and food services.
- Individual factors
Many factors affect how a family or individual has fared over the past five years, including whether they own their home, have children, or were able to change jobs.
- Income inequality
The top 10% of earners have seen their share of the overall pie increase, while the bottom 90% have grown more slowly.