alt Hacker News“Inflation adjusted” is offset by the changes to what inflation measures. And again income has only gone up because people are working multiple jobs.
“Inflation adjusted” is offset by the changes to what inflation measures. And again income has only gone up because people are working multiple jobs.
The basket of goods is totally transparent and related to things people really buy. Would you want a 2026 inflation number to reference VCR prices?
Only 5.3% of US workers have multiple jobs. The long term average is just above 5%. So it is false to claim more workers have multiple jobs according to BLS stats. This number was above 6% for most of the 1990s.