• Maggoty@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    10 months ago

    Lol. It’s not like like that inflation went away. It’s baked in. Until wages outpace inflation long enough to eat that lead back up. A good way to visualize it is as a race. Inflation gained a huge lead and wages going faster for one lap isn’t going to close that lead.

    • papertowels@lemmy.one
      link
      fedilink
      arrow-up
      5
      ·
      edit-2
      10 months ago

      Right, but the headline isn’t as ridiculous as your original comment makes it out to be. Folks can easily interpret your comment as the article is trying to spin food prices being up 20%, and wages being up 2.5% as a good thing, when it’s not saying that. Things are getting better, but there’s a long way to go.

      • Maggoty@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        10 months ago

        There’s been a long way to go since the 1970’s. And that’s exactly what they’re trying to spin. They want people to read the headline, feel okay, and then not understand the numbers.