Data from the Economic Innovation Group's (EIG) Distressed Communities Index shows that as of 2023, local economies across America still hadn't fully recovered from the effects of the COVID-19 pandemic.
  • 4am@lemm.ee
    7·
    6 months ago

    That’s because no one can afford anything anymore. Where do the capital owners think we’ll get the money from? They know they don’t pay us shit!

    • Tinidril@midwest.socialEnglish
      1·
      6 months ago

      Average pay has actually gone up faster than inflation over that last year, and over the last four years, but that doesn’t mean it’s reached everyone. There was a two year period in the middle where inflation outpaced wages, but that effect was outdone by the other two years.