where have you been the last 3 years? It’s because assets have been outpacing inflation to the point where it’s destablizing society. the American GDP is being carried by AI speculation. Not productivity: hype.
Meanwhile, compensation has only been outpacing inflation if you’re an executive.
any gains in household income was completely cancelled out by the fact that everything got more expensive, and more people were impacted by layoffs. Homelessness also increased, and those without a home (or who move into their parents’ home) do not count for household income
where have you been the last 3 years? It’s because assets have been outpacing inflation to the point where it’s destablizing society. the American GDP is being carried by AI speculation. Not productivity: hype.
Meanwhile, compensation has only been outpacing inflation if you’re an executive.
Median household income has increased about 18% since 2021. Source.
Don’t know why you’re talking about income when I’m talking about assets.
https://www.census.gov/library/stories/2024/09/acs-rent-burden.html
any gains in household income was completely cancelled out by the fact that everything got more expensive, and more people were impacted by layoffs. Homelessness also increased, and those without a home (or who move into their parents’ home) do not count for household income