Conversation

Notices

1. Embed this notice
   mark (atleagle@mastodon.online)'s status on Wednesday, 02-Oct-2024 12:26:46 JST mark

   in reply to

   • Grassroots Joe

   @joeinwynnewood but that's only what the PhDs and economists want you to think /s

   • Embed this notice
     Grassroots Joe (joeinwynnewood@mstdn.social)'s status on Wednesday, 02-Oct-2024 12:26:48 JST Grassroots Joe

     This is important. The relative cost of groceries are LOWER today than they were for most of TFG's term in office.

     Wages have risen FASTER than the cost of groceries.

     Here's a report on this from the Congressional Budget Office.

     "For households in every quintile (or fifth) of the income distribution, the share of income required to pay for their 2019 consumption bundle decreased, on average, because income grew faster than prices did over that four-year period"

     https://www.cbo.gov/publication/60267