Wages, on the other hand, lagged behind inflation for so long that they’re still behind even if the rates are more even now.
This is what I meant when I said:
I get that people still have a ways to go before they make up for what was lost to inflation
But, again, the claim is that they just want wages that won’t be beaten by inflation (again, effectively) and that is the case now. So what they want is what is happening now, yet still unhappy. Your post is a movement of the goal-posts. I get it that it still sucks, but we’re going in the right direction, especially on the point they made. This should result in a more cheery-outlook for people basing their opinion on wages out-pacing inflation.
They want the pain to stop now. That’s my point. Only people with a financial cushion can sit around and wait for things to get better, everyone else is suffering. People are not going to be patient for relief.
This is what I meant when I said:
But, again, the claim is that they just want wages that won’t be beaten by inflation (again, effectively) and that is the case now. So what they want is what is happening now, yet still unhappy. Your post is a movement of the goal-posts. I get it that it still sucks, but we’re going in the right direction, especially on the point they made. This should result in a more cheery-outlook for people basing their opinion on wages out-pacing inflation.
They want the pain to stop now. That’s my point. Only people with a financial cushion can sit around and wait for things to get better, everyone else is suffering. People are not going to be patient for relief.