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Alarm! REAL Average Hourly Earnings At -2.8% YoY In October, Negative Growth Since March 2021 (19 Straight Months Of Negative Earnings Growth!)
Confounded Interest ^ | November 10, 2022

Posted on 11/10/2022 8:31:24 AM PST by george76

The inflation numbers are out for October and they still stink (headline inflation still sizzling at 7.7% YoY).

But the number that really irks me is … REAL average hourly earnings growth is at a horrifying -2.8% YoY because of Biden’s terrible policies (aka, Bidenflation).

...

Real average hourly earnings growth YoY has been negative since March 2021. That is 19 straight months of negative earnings growth under Biden/Pelosi/Schumer’s reign of error.

So, Pennsylvania elects this guy to perpetuate Biden/Pelosi/Schumer’s awful policies?


TOPICS:
KEYWORDS: blogpimp; clickbait; inflation

1 posted on 11/10/2022 8:31:24 AM PST by george76
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To: george76

Don’t care. As long as we can kill/abort babies it’s all good.


2 posted on 11/10/2022 8:55:05 AM PST by Obadiah (Calamity Joe Biden)
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To: george76

I guess another increase in inflation would have made you happy? The first decrease in this cycle is a great sign, though there will still be ups and downs.

Real wage growth is a lagging indicator and won’t turn for some time.


3 posted on 11/10/2022 8:57:45 AM PST by SaxxonWoods (The only way to secure your own future is to create it yourself.)
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To: george76

“But the number that really irks me is … REAL average hourly earnings growth is at a horrifying -2.8% YoY because of Biden’s terrible policies (aka, Bidenflation)....”

That and the entire Democrat/RINO agenda. But none of that has not caused enough pain, suffering and financial hardship to enough US voters yet. Forget election fraud. There are still far too many people in this nation that still vote Democrat regardless of the damage and harm their agenda and policies cause the rest of us.

It’s very disheartening and frightening to realize that this nation will burn to the ground soon if something doesn’t change but 50% of the population are oblivious or willfully ignorant and still care more about wokeness, transgenderism, and climate change than about the welfare of this nation.

I see death, destruction, chaos and the balkanization (civil war) of this nation on horizon and it’s getting closer every day.


4 posted on 11/10/2022 12:35:57 PM PST by Four of Six
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To: george76

It is of course worse than that: We significantly undercount the rate of inflation.


5 posted on 11/10/2022 12:36:47 PM PST by 9YearLurker
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